OFF MARKET

669 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1314m2
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Property Details for 669 Esplanade, Lakes Entrance

669 Esplanade, Lakes Entrance is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1314m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Land Size
1314m2
Local Government
East Gippsland
Lot/Plan
11/LP14312

Last Listing description (July 2022)

SECURE THIS MAGNIFICENT PROPERTY WITH A 3 BEDROOM AND A 2 BEDROOM HOME
Plenty of space for that boat and caravan too!
If you are looking to make the ideal lifestyle change or semi-retire and move to the coast, then here is the perfect opportunity just waiting for you!

Situated on the popular Esplanade in the centre of Lakes Entrance, directly opposite the Gippsland Lakes. Walking distance to the beach, lake, restaurants and shopping.

Being included in this sale is an established Alfresco Coffee Shop (Beaches Coffee) housed in a shipping container on the Esplanade with established turnover for an additional income stream. Passing clientele opens the opportunity for increasing the business potential.

Home 1
3 Bedrooms all with BIR, main with ensuite, newly renovated bathroom.
Open plan kitchen and living area with lots of space
Second light and fresh bathroom
Undercover entertaining area with fireplace leading to the outdoor swimming pool.

Home 2
2 Bedrooms with BIR.
An airy, open plan kitchen and living room
Separate bathroom.
Perfect for family visitors, extended family or as an additional income as a holiday rental

Only minutes away from 90 Mile Beach, local restaurants, cafes, boutique shops, Primary and High Schools as well as the major supermarkets which service this coastal town.

Lake Entrance is only 3.5 hours drive from Melbourne CBD so make the change today! Call now to take advantage of this excellent buying opportunity.

Due Diligence Checklist
What you need to know before buying a residential property
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).

See external link for more information on Due Diligence Checklist.

Property History for 669 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$810,000
28 Jul 2021
  • 28 Jul 2021
    Sold for $810,000
  • 15 Jun 2021
    Listed for Sale Expression of Interest

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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 106 properties listed for sale, and 6 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 3909

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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.