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27A McRae Street, Lakes Entrance$949,000
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27A McRae Street

Lakes Entrance, VIC 3909, Australia
$949,000
4 bed 3 bath 2 car1599 m²

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About this property

Discover this stunning two-story home perched high on an elevated block, offering breathtaking ocean views. Comprising a unique blend of comfort and opportunity. Built in 2003, this solid brick residence is perfect for families, investors, or those looking for a lucrative Airbnb venture. Property Features: - Upstairs Living: - Three spacious bedrooms, designed for relaxation and comfort. - Two modern bathrooms, ensuring convenience for the whole family. - Expansive open living area that seamlessly connects to an outdoor entertaining space, perfect for hosting gatherings while soaking in the spectacular views. - Downstairs Studio WITH OCEAN VIEWS: - A self-contained studio unit featuring an open living space, ideal for guests or as a rental option. - Currently rented, providing immediate income potential. Historically was an extremely successful airbnb studio with fantastic reviews. - Land & Outdoor Space: - Generous 1,599 m² allotment, providing ample room for outdoor activities and landscaping. - Rumpus area for recreation and leisure. - Multiple outdoor entertaining areas to enjoy the serene surroundings and abundant wildlife. - Sustainability Features: - Equipped with 20 solar panels and solar hot water, ensuring energy efficiency and lower utility bills. - Parking: - One carport with space for three vehicles, along with a concrete driveway for easy access. This is an opportunity to secure a location with ocean views we all dream of! Add your own special touches to this already beautiful home, customizing it to reflect your personal style and preferences. Whether it's enhancing the gardens, updating the interiors, or creating your dream outdoor space, the possibilities are endless. This property offers a unique opportunity to enjoy a tranquil lifestyle while capitalizing on its rental potential. With the sounds and view of the crashing ocean along with the local wildlife and birds plentiful in the area, nature lovers will feel right at home. The list goes onenquire today for more information and to schedule a viewing! Contact Shoreside real Estate today 03 5155 3133 Disclaimer: 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.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
2
Land Area
1599 m²
Listed
3 months ago

Repayment calculator

$4,601/month
$2,300 /fortnight
Loan $759,200 at 6.10% over 30 years

Upfront costs

Deposit$189,800
Stamp duty$52,010
Conveyancing (est.)$2,000
Total upfront$243,810
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 4-bedroom house in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 73% above the $550,000 median of 78 comparable houseswithin 5 km.

Schools near Lakes Entrance

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

What's nearby

  • Beveridge St/Robin St (bus)168 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 4 bed

Compound growth +0.2% / yr over 4 yrs

$642kcurrent median

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Full Lakes Entrance market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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