FOR SALE
$620,000 - $680,000

35 Lake View Crescent
St Leonards VIC 3223

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 786m2
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Calling All Developers, Investors and Holiday Makers

Step into a world of opportunity with this versatile property, perfectly positioned just a short walk from the beach and local cafes. Whether you're seeking a cozy holiday home, a welcoming family residence, or a lucrative investment, this property caters to all your needs.
Currently, the property boasts a proven Airbnb income of nearly $30,000 annually, with a high rate of occupancy throughout the year. This makes it an ideal income-generating asset right from the start. Now including endorsed plans and planning permit for a four-bedroom, two-car home on the rear of the property, offering exciting development prospects.
This light-filled gem features a simple yet practical floor plan with two comfortable bedrooms, each equipped with built-in robes and drawers. The central open-plan living and dining area is bathed in natural light throughout the day, creating a warm and inviting space. The galley-style kitchen includes a walk-in pantry that’s spacious enough to be transformed into a third bedroom or adjusted to suit your family's needs.
A bonus is the reverse-cycle heating, ensuring year-round comfort. The updated bathroom, well-equipped and easily accessible from the laundry, adds to the property's functionality. For your convenience, a large carport and garage provide ample space for vehicles and storage.
Don’t miss your chance to explore all that this property has to offer. Inquire today to learn more and request the development plans. This unique opportunity is ready for you to seize—act fast!
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Property Details for 35 Lake View Cres, St Leonards

35 Lake View Cres, St Leonards is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 786m2. The place is currently for sale with Hodges Ocean Grove.

Building Type
House
Land Size
786m2

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About St Leonards 3223

The size of St Leonards is approximately 28.5 square kilometres. It has 13 parks covering nearly 9.9% of total area. The population of St Leonards in 2011 was 2,000 people. By 2016 the population was 2,484 showing a population growth of 24.2% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation. In 2011, 70.9% of the homes in St Leonards were owner-occupied compared with 71.6% in 2016.

St Leonards has 5,407 properties. Over the last 5 years, Houses in St Leonards have seen a 38.21% increase in median value, while Units have seen a 37.65% increase. As at 31 July 2024:

  • The median value for Houses in St Leonards is $748,815 while the median value for Units is $594,512.
  • Houses have a median rent of $470 while Units have a median rent of $395.
There are currently 57 properties listed for sale, and 6 properties listed for rent in St leonards on OnTheHouse. According to CoreLogic's data, 163 properties were sold in the past 12 months in St leonards.

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Chris Schumann
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Jason Burmistrow
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Hodges Ocean Grove
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