29 Palmers RoadLakes Entrance VIC 3909
Property Details for 29 Palmers Rd, Lakes Entrance
29 Palmers Rd, Lakes Entrance is a 12 bedroom, 13 bathroom House with 26 parking spaces. The property has a land size of 9634m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (June 2022)
On just over 2.2 acres of prime real estate close to the beach and main shopping centre of Lakes Entrance, this is offering it all.
A large brick veneer, four bedrooms, two bathrooms home
Massive undercover entertaining area. Fitted kitchen with ample storage
As well as the stunning home there currently operates on the same site a well established Business in the form of a Caravan Park offering permanent, as well as tourist, accommodation in the coastal resort of Lakes Entrance, East Gippsland.
63 Sites include 13 Permanent and 43 Annual (only eight not ensuited), which return a
regular income.
1 ensuited Tourist Cabin and 6 Tourist sites (2 with ensuites)
A recreational room, two amenity blocks each with a laundry included, ample shedding
and a carport.
Plus a BBQ area and playground.
A Swimming pool that consists of a spa for those relaxing moments.
Easily operated by 1 full-time person and one casual person. An established business with regular income as well as the added bonus of the potential to earn a high return on the holiday rentals. Lakes Entrance is an area that welcomes visitors throughout the year because of its temperate climate. During the main holiday periods, Lakes Entrance becomes a bustling community welcoming 1,000's of holidaymakers who are eager to enjoy all that Lakes Entrance has to offer.
An opportunity not to be missed. All this is on over 2.2acres and on two separate titles, should you wish to consider redeveloping the site (subject to planning permission).
Please contact the sales agent Daniel Schoeman from RE/MAX Genesis Lakes Entrance for further information.
Offered by Expressions of Interest Closing 3pm Friday 20th October 2021.
Due Diligence Checklist
What you need to know before buying a residential property
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. This checklist aims to help you identify whether any of these issues will affect you. The questions are a starting point only and you may need to seek professional advice to answer some of them. You can find links to organisations and web pages that can help you learn more, by visiting the due diligence checklist page on the Consumer Affairs Victoria website (consumer.vic.gov.au/duediligencechecklist).
See external link for more information on Due Diligence Checklist.
Property History for 29 Palmers Rd, Lakes Entrance, VIC 3909
- 06 May 2021Listed for Sale Expression of Interest
- 21 Feb 2021Sold for $1,400,000
- 17 Feb 2006Sold for $768,000
Recent sales nearby
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0About Lakes Entrance 3909
The size of Lakes Entrance is approximately 28.1 square kilometres. There are 19 parks, covering nearly 17.7% of the 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 4,353 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 18.86% increase in median value, while Units have seen a 28.64% increase. As at 31 August 2026:
- The median value for Houses in Lakes Entrance is $570,097 while the median value for Units is $389,419.
- Houses have a median rent of $490 while Units have a median rent of $360.
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