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7 Hunter Street

Lakes Entrance, VIC 3909, Australia
$640,000
4 bed 2 bath 2 car851m²

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Area Price Guide
$601,600$678,400

Indicative price guide range

🏘️
84
Comparable
📊
$595,000
Area median
⚖️
+8%
vs median
📐
$752
Per m²
📏
851 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Positioned in one of the most tightly held and highly sought-after pockets of Lakes Entrance, 7 Hunter Street presents a rare opportunity to secure a substantial corner holding with enormous future potential. Set just a stone's throw from the Post Office, North Arm waterfront and Cunninghame Arm, the property offers an exceptional chance to capitalise on its premium central location and versatile zoning - and opportunities like this rarely hit the market. Occupying a prominent corner allotment with dual street access from both Hunter Street and Barkes Avenue, the property is zoned Commercial 1, providing exceptional flexibility for future use and development (STCA). The zoning allows for a broad range of residential, commercial and mixed-use opportunities, making the property particularly appealing to developers, investors or buyers looking to establish themselves in a premium central location with scope to further improve or redevelop the site over time. There's no denying the home itself requires work to restore it to its former glory, however the foundations for future improvement are certainly present. Previously rented for an extended period and remaining liveable as-is, the home offers four bedrooms, two bathrooms, a large country-style kitchen and dining space, generous lounge room with split-system air conditioning, timber cladding exterior and a Colorbond roof in good condition. The windows have also been replaced throughout, providing a valuable head start for future renovations. Further enhancing the property are several useful outbuildings, including one containing a second laundry and additional bathroom, along with a separate shed providing extra storage or workspace options. Positioned within walking distance to shops, cafes, waterfront walking tracks and essential amenities, the location continues to be one of the property's strongest drawcards. Whether you choose to renovate, redevelop or landbank for the future, opportunities like this rarely come along in such a tightly held central position. With its unbeatable location, dual street frontage and significant upside, this is a property brimming with untapped potential. For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,103/month
    $1,551 /fortnight
    Loan $512,000 at 6.10% over 30 years

    Upfront costs

    Deposit$128,000
    Stamp duty$33,470
    Conveyancing (est.)$2,000
    Total upfront$163,470
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Land Area
    851m²
    Listed
    1 week ago

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