OFF MARKET

9 Orme Street
Lakes Entrance VIC 3909

Bedrooms: 3
Bathrooms: 7
Car spaces: 7
Floor area: 97m2
Land area: 987m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low
High
Share
Save

Property Details for 9 Orme St, Lakes Entrance

9 Orme St, Lakes Entrance is a 3 bedroom, 7 bathroom Unit with 7 parking spaces. The property has a land size of 987m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Floor Size
97m2
Land Size
987m2
Local Government
East Gippsland
Lot/Plan
11/LP4691

Last Listing description (October 2021)

This is an extraordinary opportunity to purchase a well-established, freehold unit complex plus a home. Immaculately presented and a fantastic location!

This property offers opportunity for growth to new owners, the living accommodation is adaptable for more bedrooms and our coastal town offers you a relaxed lifestyle.
Positioned directly in the heart of town, a stones throw to the North Arm, Esplanade and the shopping hub of Lakes Entrance.

The business easily run as semi retired lifestyle or a great second income for a family.

- 1 Title
- 6 self contained units (4 x 2 bedroom, 2 x 1 bedroom)
- The house - 2 bedroom owners residence
- All 6 units have been renovated throughout
- Communal Laundry & BBQ area
- 4.6 star rating with airbnb

Some history... this business started running approximately 60 years ago with two units and was extended to six units by the sixties, a great income for the family over the years and a huge return of repeat clientele to keep the business going.

Enquire with us today for more information 03 5155 3133

https://www.consumer.vic.gov.au/duediligencechecklist

Show More

Property History for 9 Orme St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$940,000
16 Jun 2021
  • 16 Jun 2021
    Sold for $940,000
  • 16 Sep 2020
    Listed for Sale $988,000
  • 24 Feb 2017
    Listed for Sale $799,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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.

Lakes Entrance Profile Page

Suburb Insights for Lakes Entrance 3909

Visit Lakes Entrance profile page
Market Insights
Lakes Entrance Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lakes Entrance Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lakes Entrance profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED