FOR SALE
$475,000 + GST (if applicable)

28 Myer Street
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 99m2
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FREEHOLD INVESTMENT IN MYER STREET

If you are looking for an investment that is situated in the centre of Myer Street, close to all facilities and having plenty of foot traffic, then this investment would be one to consider.
Large 99sqm shop, with off street parking available.
Quality layout with plenty of storage area.
Includes a kitchenette and separate toilet.
If you would like further information, please contact our exclusive agents at King & Heath on 03 5155 1201.

Property Details for 28 Myer St, Lakes Entrance

Building Type
Commercial
Floor Size
99m2

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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 4,109 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 69.94% increase in median value, while Units have seen a 64.64% increase. As at 30 November 2024:

  • The median value for Houses in Lakes Entrance is $544,737 while the median value for Units is $370,803.
  • Houses have a median rent of $455 while Units have a median rent of $385.
There are currently 107 properties listed for sale, and 7 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Lakes entrance.

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Chris Howlett
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KING & HEATH FIRST NATIONAL - Bairnsdale
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