401/1 Esplanade, Lakes Entrance$990,000
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401/1 Esplanade

Lakes Entrance, VIC 3909, Australia
$990,000
3 bed 2 bath 1 car

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About this property

A rare opportunity to secure a luxury penthouse in the heart of Lakes Entrance, offering expansive views, premium resort facilities, and an unbeatable coastal lifestyle. Situated at 401/1 Esplanade, this spacious apartment showcases a large open-plan living, dining, and kitchen zone designed to maximise light and space. Floor-to-ceiling windows flood the interior with natural sunlight and seamlessly connect the living area to a generous terrace balconyperfect for entertaining or simply taking in the ever-changing outlook across the front lake, North Arm, pool precinct, restaurant and bar, Bullock Island, the slipway, and the Fishermen's Co-op. The well-appointed kitchen integrates effortlessly with the open-plan layout, making it ideal for both relaxed living and hosting guests. Accommodation includes a master bedroom with built-in robe, private ensuite, and its own balconyoffering a quiet retreat with elevated views. The second and third bedrooms both feature built-in robes and are serviced by a central main bathroom, making the apartment well suited to families, guests, or shared holiday use. Additional features include a secure private storage room on the ground floor and full access to the resort-style facilities, including indoor and outdoor swimming pools, spa, tennis court, restaurant, and bar. This property offers excellent rental returns with flexible options for personal holiday use or permanent full-time living. Positioned within easy walking distance to the foreshore, beaches, and Lakes Entrance's shops, cafés, and attractions, it delivers convenience, lifestyle, and income potential in one exceptional package. Fully furnished and ready to enjoy immediately, this penthouse represents one of the area's standout coastal investments.

Property Details

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

Repayment calculator

$4,799/month
$2,400 /fortnight
Loan $792,000 at 6.10% over 30 years

Upfront costs

Deposit$198,000
Stamp duty$54,450
Conveyancing (est.)$2,000
Total upfront$254,450
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 3-bedroom apartment in Lakes Entrance, VIC 3909 sits within reach of public transport, and nearby schools. It is listed 78% above the $555,000 median of 72 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

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1 price change recorded for this property

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Within 5km

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