341 Esplanade Lakes Entrance VIC 3909
Property Details for 341 Esplanade, Lakes Entrance
Last Listing description (November 2025)
The lease features a fixed 4% annual increase in rent on each anniversary of the lease commencement, offering built-in rental growth. The current annual rent is approximately $27,000 plus GST, ensuring a solid net return.
This approx. 127sqm building, situated on approx. 486sqm land is strategically positioned in a vibrant and high-traffic, waterfront esplanade precinct, the property benefits from strong visibility and foot traffic, making it ideal for a range of retail, or professional service tenants. Its popular location enhances its appeal and ongoing tenant retention.
Whether you're looking to expand your commercial portfolio or secure a dependable income stream, this property ticks all the boxes. Don't miss your chance to acquire a well-leased asset in one of the area's most desirable settings. Call our office on 03 5155 1201 to arrange an inspection.
Property History for 341 Esplanade, Lakes Entrance, VIC 3909
- 07 Jun 2026Sold for $510,000
- 24 Apr 2025Listed for Sale $520,000 + GST if applicable
- 24 Oct 2019Listed for Rent $25,000 / year
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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 4,349 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.
Suburb Insights for Lakes Entrance 3909
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