406/1 Esplanade
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About this property
An excellent investment opportunity awaits with this dual-key apartment located within the popular Esplanade Resort & Spa, right in the heart of Lakes Entrance. Positioned on the fourth floor, Apartment 406A & 406B enjoys lovely outlooks across the Cunninghame Arm, Bass Strait, and the resort pool area. The dual-key configuration allows the property to be let as a single apartment or as two separate suites, providing flexibility and strong potential for rental income. Fully furnished and cleverly designed, the apartment comprises two self-contained living zones under one title. The main section features a well-appointed kitchen, light-filled living and dining area, and a spacious bedroom with ensuite. The second suite includes a private bedroom with kitchenette and ensuite, ideal for accommodating guests or maximising returns through the resort's rental pool. Of further benefit, the property also includes a lock-up storage shed located within the resort's carpark, a valuable addition and one of only a handful available within the complex. Whether you're searching for a low-maintenance investment, weekend getaway, or relaxed coastal base, this property offers versatility and convenience just moments from the iconic Ninety Mile Beach and Lakes Entrance waterways. Resort facilities include: Indoor and outdoor heated swimming pools Tennis court and playground On-site restaurant, bar and café Secure undercover parking and additional boat storage Ideally located along the Esplanade, you're within easy walking distance to cafés, restaurants, shops, beaches and waterfront attractions. For further information or to arrange an inspection, please contact Ryan Hooper at East Gippsland Real Estate on 0488 218 181 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
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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 25% 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
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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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