40/203 Esplanade
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About this property
Positioned on the 2nd floor of the well-known Bellevue on the Lakes complex, this fully furnished motel-style room presents an outstanding pure investment opportunity in the heart of Lakes Entrance. Overlooking the iconic fishing fleet and the beautiful Cunningham Arm, the room enjoys impressive water views that guests love, helping drive strong and consistent returns. Being part of a professionally managed complex means owners can enjoy a low maintenance investment with income potential, without the day-to-day responsibilities. The property is offered fully furnished and ready to continue operating within the accommodation pool, making it an ideal addition to any investment portfolio. Guests are drawn to the unbeatable central location, with shops, cafes, restaurants and the waterfront all just moments away. If you are looking for an affordable entry into the local accommodation market with excellent returns and a prime position, this Bellevue investment is well worth your consideration. Please note that this property is not for permanent living & is purely investment only. For further information, please contact East Gippsland Real Estate on 03 5155 6777 today. For a Due Diligence Checklist, please go to: consumer.vic.gov.au/duediligencechecklist
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Lakes Entrance
This 1-bedroom apartment in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 71% below the $595,000 median of 69 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) — 2.1 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
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Lakes Entrance marketThis listing
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Price history
Listing price changes
2 price changes recorded for this property
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