For Sale by Tender Under Instruction from East Gippsland Shire Council
Tender closing date is 4.30pm on 20 April 2023
This 92m2 allotment with rear lane access off Hill Court creates opportunity for an ideas investor.
Although the property is zoned general residential, it is recognised that, because of it's narrow frontage and size, no domestic application would be granted however Council welcome suggestions for ideas from the public for general use of this compact allotment measuring 5.02m x 18.2m - approx 92m2
Tender documents are available from LJ Hooker Lakes Entrance or view by clicking on the link provided.
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:
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