OFF MARKET

8 Lake Street
Lakes Entrance VIC 3909

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 226m2
Land area: 621m2
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Property Details for 8 Lake St, Lakes Entrance

8 Lake St, Lakes Entrance is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1930. The property has a land size of 621m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1930
Floor Size
226m2
Land Size
621m2
Local Government
East Gippsland
Lot/Plan
2/LP50087

Last Listing description (January 2022)

Truly a golden opportunity to secure this exceptional 4 bedroom seaside home with an abundance of accommodation choices offering space and comfort for the whole family to enjoy.

With contemporary features and distant lake views, the home is beautifully zoned inside and out over the two levels, ideal for multi-generational living offering comfort to all.

Features include:

- Light and bright modern open-plan living, dining, kitchen and family room
- Lower level dining opening out to the spacious outdoor alfresco through bi-fold doors
- The upper level alfresco is perfect for the balmy nights or leave it for the kids along with there very own rumpus/family room area
- Wood combustion heating with an outlet to the upper level plus a split system on both levels of the home
- Natural gas connection
- Shedding - Huge shedding with 2 electric doors giving you plenty of storage room
- Totally low maintenance, and a secure yard around the entire home

Currently run as an airbnb "8 on Lake" has been a successful income venture for the current owners however reluctantly it is time for there journey to move on.

This home is situated in an enviable coastal location within walking distance to the main shops, cafes, esplanade, public transport, lakes and 90 mile beach, this home makes coastal living a breeze.

Call our friendly team today as inspection is a must for luxury lifestyle living in town.

Due Diligence Checklist - https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 8 Lake St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$1,037,500
17 Nov 2021
Listed for Rent
$400/w
29 Jan 2008
  • 17 Nov 2021
    Sold for $1,037,500
  • 28 Sep 2021
    Listed for Sale $1,075,000.00
  • 10 Jun 2010
    Sold for $310,000
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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 107 properties listed for sale, and 5 properties listed for rent in Lakes entrance on OnTheHouse. According to CoreLogic's data, 119 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.