FOR SALE
$825,000

1, 2 & 3/9 Coates Road
Lakes Entrance VIC 3909

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 819m2
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Great Investment, Positioned for Convenience!

We are excited to present a great opportunity for an investor to purchase three solid brick units each separately titled and perfectly positioned close to the local shops, schools, public transport and the beach.  
Each Unit Features:
- Unit 1 & 3 are 2 Bedrooms with built-in-robes, Unit 2 is a 1 Bedroom with built-in-robe
- Comfortable lounge room space
- Kitchen with electrical cooking facilities
- Separate laundry with backyard access
- Single lockup garage- Private secure backyard
- Split-system for heating and cooling
- Solid brick building & Besser block internal walls
- Each unit has a stand alone title
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Property Details for 1, 2 & 3/9 Coates Rd, Lakes Entrance, VIC 3909

1 2 & 3/9 Coates Rd Lakes Entrance VIC 3909 is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 819m2. The place is currently for sale with Elders Real Estate Lakes Entrance.

Building Type
BlockOfUnits
Land Size
819m2

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About Lakes Entrance 3909

The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2011 was 4,569 people. By 2016 the population was 4,801 showing a population growth of 5.1% in the area during that time. The predominant age group in Lakes Entrance is 60-69 years. Households in Lakes Entrance are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lakes Entrance work in a labourer occupation. In 2011, 65% of the homes in Lakes Entrance were owner-occupied compared with 65.8% in 2016.

Lakes Entrance has 4,099 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 73.13% increase in median value, while Units have seen a 64.20% increase. As at 31 October 2024:

  • The median value for Houses in Lakes Entrance is $542,190 while the median value for Units is $363,006.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 121 properties listed for sale, and 4 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Lakes entrance.

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Rachael Newman
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Elders Real Estate Lakes Entrance
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