FOR SALE
$749,000

3/21 Myer Street
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 5
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Prime investment opportunity with dual income.

Positioned in Lakes Entrance most prominent CBD location, only meters from the footbridge and the regions most central tourist hub; this superb property offers a very versatile investment opportunity providing income, position and long term growth prospects. Boasting a very spacious and solid two bedroom residential unit on the first floor, with tenants on a long term lease and a prime commercial premises on ground level, currently leased to a long term business with a solid long term lease in place. Contact selling agents today for full details and to secure this prime opportunity.
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Property Details for 3/21 Myer St, Lakes Entrance

3/21 Myer St, Lakes Entrance is a 2 bedroom, 2 bathroom Apartment with 5 parking spaces. The place is currently for sale with RYKERS REAL ESTATE.

Building Type
Apartment

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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 4,104 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 107 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 3909

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Chris Rykers
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Leanne Rykers
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RYKERS REAL ESTATE
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.