2/70 Palmers Rd, Lakes Entrance is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 566m2.
Currently occupied by long term tenants both these units would make an excellent investment to add to your current portfolio or maybe this could be your first to kick it off! Unit 1 is currently leased at $195.00 per weekUnit 2 is currently leased at $250.00 per weekThese units stand alone on this 566m2 block of land (approx) the properties are conveniently situated close to town, only a short 3 minute drive, there is a footpath to access town, the bus stop is only a stones throw away and the local indoor swimming pool and tennis courts are directly across the road.Both units are neat and tidy, regular maintenance has always been followed up. After many years they are ready to change hands and become a new owners investment opportunity.Call Elders Lakes Entrance today and we can arrange your new investment inspectionhttps://www.consumer.vic.gov.au/duediligencechecklist
The size of Lakes Entrance is approximately 28.1 square kilometres. It has 19 parks covering nearly 17.7% of total area. The population of Lakes Entrance in 2016 was 4810 people. By 2021 the population was 5145 showing a population growth of 7.0% in the area during that time. The predominant age group in Lakes Entrance is 60-69 years. Households in Lakes Entrance are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lakes Entrance work in a community and personal service occupation.In 2021, 67.60% of the homes in Lakes Entrance were owner-occupied compared with 65.80% in 2016.
Lakes Entrance has 4,282 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 48.26% increase in median value, while Units have seen a 74.59% increase. As at 30 November 2025:
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