SOLD
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Sold on 15 Oct 2024 - Price Unavailable

343 Esplanade
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 130m2
Land area: 258m2
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Property Details for 343 Esplanade, Lakes Entrance

Building Type
Commercial
Floor Size
130m2
Land Size
258m2

Last Listing description (October 2024)

Are you looking for a fantastic investment opportunity? We are excited to present for sale 343 Esplanade, Lakes Entrance.

With its busy location, open space, private rear parking and Cunninghame Arm views, this property has a lot to offer.

Key features include:

- Building size approx. 130sqm.
- Commercial 1 zoning.
- Open interior space.
- Water views.
- Busy location.
- New Lease beginning 13/5/24 to 12/5/26 with two further options, 2 years each.
- Rent $22,000 plus GST and outgoings.

Situated in the heart of Lakes Entrance, this property benefits from being part of a thriving coastal town. Contact our office today to arrange an inspection

Property History for 343 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
15 Oct 2024
Listed for Rent
$22k/w
12 Jul 2023
  • 15 Oct 2024
    Sold
  • 30 Apr 2024
    Listed for Sale $395,000
  • 10 Jul 2023
    Listed for Sale $420,000
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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.

Suburb Insights for Lakes Entrance 3909

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Contact agent
Chris Howlett
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Ian Harrison
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KING & HEATH FIRST NATIONAL - Bairnsdale
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Disclaimer
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.