FOR SALE
$1,650,000

205 Palmers Road
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1m2
Land area: 9880m2
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AWARD WINNING ACCOMMODATION, LAKES ENTRANCE

- 7 fully self-contained spacious 1 & 2 bedroom spa cottages
- Pool, Spa, Playground, office, laundry & covered BBQ area
- Situated in tourist capital of Lakes Entrance & only a short distance out of town
- All guest cottages are fully equipped
- Well established business with return customer base.

Property Details for 205 Palmers Rd, Lakes Entrance

Building Type
Commercial
Floor Size
1m2
Land Size
9880m2

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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 75.28% increase in median value, while Units have seen a 63.41% increase. As at 30 September 2024:

  • The median value for Houses in Lakes Entrance is $544,883 while the median value for Units is $375,335.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 122 properties listed for sale, and 7 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Lakes entrance.

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Chris Howlett
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Ian Harrison
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KING & HEATH FIRST NATIONAL - Bairnsdale
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