OFF MARKET

411/1 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
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Last updated 14 Oct 2024
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Property Details for 411/1 Esplanade, Lakes Entrance

411/1 Esplanade, Lakes Entrance is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
2005
Floor Size
83m2
Local Government
East Gippsland
Lot/Plan
72/PS512350

Last Listing description (March 2012)

RESORT LIFESTYLE INVESTMENT
You can now enjoy this fantastic lifestyle investment at Lakes Entrance's most luxurious 4? star resort....Esplanade Waterfront Resort & Spa. This unit is a two bedroom, two key arrangement allowing separate holiday rental or permanent residency potential. Both rooms have been fitted out with state-of-the-art fittings and appliances.
With facilities such as Indoor & Outdoor pools, Tennis Court with Picnic & BBQ areas, private car parking, Cafe & Restaurant, not to forget the added indulgence of 'Illuka' Day Spa....you will look forward to your next holiday.

Showing a proven track record of substantial returns, this property makes for sound & promising investment. Enquire today.

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Property History for 411/1 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$248,000
18 Mar 2014
  • 18 Mar 2014
    Sold for $248,000
  • 25 Dec 2010
    Listed for Sale $343,500
  • 05 Nov 2004
    Sold for $341,275

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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 4,089 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 75.28% increase in median value, while Units have seen a 63.41% increase. As at 30 September 2024:

  • The median value for Houses in Lakes Entrance is $544,883 while the median value for Units is $375,335.
  • Houses have a median rent of $420 while Units have a median rent of $340.
There are currently 122 properties listed for sale, and 9 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Lakes entrance.

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