121/1 Esplanade, Lakes Entrance$450,000
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121/1 Esplanade

Lakes Entrance, VIC 3909, Australia
$450,000
2 bed 2 bath 1 car

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About this property

Embrace relaxed seaside living just moments from the iconic Ninety Mile Beach, an exceptional opportunity whether you're looking for a permanent residence, a weekend retreat, or a set-and-forget investment. Located within the renowned Esplanade Resort & Spa in Lakes Entrance, this fully furnished dual-key apartment offers versatility and strong income potential. The cleverly designed layout provides two self-contained spaces under one title. The first includes a well-appointed kitchen, light-filled living and dining zone and a generous bedroom with its own ensuite. The second offers a private bedroom, kitchenette, and ensuite, ideal for accommodating guests or maximising rental returns. Low-maintenance and professionally managed, this property presents an appealing option for investors seeking solid returns without the hassle. Enjoy views across the resort pool from your balcony and take advantage of the impressive on-site amenities, including: On-site restaurant and bar Indoor and outdoor swimming pools Tennis court Secure undercover parking and additional boat storage Positioned in the centre of town, you're within easy walking distance to the beach, waterways, cafés and restaurants, everything you need is right at your doorstep. To arrange an inspection or request further information, please contact Jessica Stevens at East Gippsland Real Estate on 0499 361 519 or 03 5155 6777. For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Listed
3 months ago

Repayment calculator

$2,182/month
$1,091 /fortnight
Loan $360,000 at 6.10% over 30 years

Upfront costs

Deposit$90,000
Stamp duty$22,070
Conveyancing (est.)$2,000
Total upfront$114,070
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 2-bedroom apartment in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 20% below the $560,000 median of 71 comparable apartmentswithin 5 km.

Schools near Lakes Entrance

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

What's nearby

  • Clarkes Rd/Roadknight St (bus)2.7 km 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 · Unit 2 bed

Compound growth +1.6% / yr over 4 yrs

$380kcurrent median

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Price history

Price history

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1 price change recorded for this property

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Within 5km

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