OFF MARKET

8/247 Esplanade
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 144m2
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Property Details for 8/247 Esplanade, Lakes Entrance

8/247 Esplanade, Lakes Entrance is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2005
Floor Size
144m2
Local Government
East Gippsland
Lot/Plan
9/PS605972

Last Listing description (September 2022)

An amazing spacious three bedroom, two bathroom penthouse with exquisite and unbeatable 180 degree stunning lake views front and back, make this apartment an absolute must-have.

Luxury lifestyle and low maintenance living are key to this modern apartment. Redefine the meaning of high-end lock-and-leave living with this sophisticated three-bedroom penthouse in the stunning Gippsland Lakes. Designed to offer an unbeatable lifestyle in the heart of Lakes Entrance bustling lifestyle precinct, with only a ten minute walk to the beautiful 90 Mile beach.

Extensive full-length windows shower the interior with an endless stream of sunlight while framing the breathtaking views on offer. Open plan living, dining and spacious modern kitchen with integrated dishwasher, stainless steel appliances featuring a centre island bench perfect for entertaining and cooking.

This two level unit boasts with three well-proportioned bedrooms. The upper level presents the main bedroom with a en-suite and walk in robe and two bedrooms at the lower level with BIR. Two modern bright and spacious bathrooms with high-quality vanity finishes with soft neutral tones. A cleverly concealed continental laundry compact yet super-efficient. Secure undercover parking and additional ground level storage with plenty of off-street parking completes this package.

Investment opportunity with immediate return potential. AIRBNB AND MOVE-IN READY.

Act quickly - Property in this desirable location do not last long.

Call Daniel on 0417 824 769 for a private viewing.

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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).

Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

*Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Property History for 8/247 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$670,000
03 Feb 2023
  • 03 Feb 2023
    Sold for $670,000
  • 12 Apr 2022
    Listed for Sale Contact Agent
  • 07 Apr 2021
    Sold for $510,000
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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 4,104 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.