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102 Thorpes Lane, Lakes Entrance$260,000
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102 Thorpes Lane

Lakes Entrance, VIC 3909, Australia
$260,000
1600 m²

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About this property

Prime 1,600m² development parcel with existing town planning approval and engineering drawings for two separate 3 bedroom plus study dwellings on individual titles. Elevated position with potential ocean and lake views, minutes from beaches, town centre and major tourist attractions - an ideal site for short stay accommodation or a high growth residential development. Key Features Development Ready: Approved town planning and engineering drawings for two 3 bedroom + study homes on separate titles. Generous Landholding: 1,600m² offering flexibility for dual dwellings, multi generational living, or two high yield rental properties. Scenic Outlook: Elevated block with potential ocean and lake views to enhance rental appeal and resale value. Convenient Location: Short drive to Ninety Mile Beach, Gippsland Lakes, cafes, shops and local amenities. Strong Tourism Demand: Positioned in a popular holiday destination with consistent short stay demand. Investment Rationale Streamlined Development: Existing approvals significantly reduce time to market and development risk. Attractive Returns: Lakes Entrance demonstrates resilient regional growth and solid rental fundamentals, making short stay or long term leasing strategies viable. Tourism Tailwind: Peak season visitor numbers and a broad range of local attractions support high occupancy and premium nightly rates for well appointed properties. Long Term Growth: Ongoing residential development and steady population growth underpin a positive outlook for capital appreciation. Local Attractions That Drive Bookings Gippsland Lakes and Ninety Mile Beach - boating, fishing, surfing and long sandy beaches. Wildlife and Nature - Raymond Island koala walks, Nyerimilang Heritage Park and scenic coastal trails. Water Experiences - boat cruises, kayak and paddleboard hire, fishing jetties. Town Amenities - fresh seafood, cafes, museums and family activities that broaden seasonal appeal. Next Steps This is a rare, development ready opportunity in a thriving coastal market. For further details or to arrange an inspection, contact Jaspal Singh on 0421 092 992. Disclaimer All dimensions and statements are approximate and for general information only. Prospective purchasers should rely on their own enquiries and obtain independent advice. Refer to the Victorian Consumer Affairs Due Diligence Checklist for guidance before purchasing.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1600 m²
Listed
3 months ago

Repayment calculator

$1,260/month
$630 /fortnight
Loan $208,000 at 6.10% over 30 years

Upfront costs

Deposit$52,000
Stamp duty$10,670
Conveyancing (est.)$2,000
Total upfront$64,670
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lakes Entrance

This land in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 38% below the $420,000 median of 79 comparable landswithin 5 km.

Schools near Lakes Entrance

  • Lakes Entrance Primary Schoolprimary · Prep-6 · CoEd
  • Lakes Entrance Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • 142 Thorpes Lane (bus)321 m away

Lakes Entrance at a glance

Full suburb profile
Population
5,145
Median age
55
Household income
$866/wk
Median rent
$252/wk
Median mortgage
$1,227/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lakes Entrance price trend

Median sold · House 3 bed

Compound growth +2.4% / yr over 4 yrs

$533kcurrent median

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Full Lakes Entrance market

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