361 Esplanade, Lakes Entrance, VIC 3909 sold on 02 March 2026 | OnTheHouse
SOLD
Sold on 02 Mar 2026 for $569,800

361 Esplanade
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 125m2
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Property Details for 361 Esplanade, Lakes Entrance

Building Type
Commercial
Land Size
125m2
Local Government
East Gippsland
Lot/Plan
1/PS327694

Last Listing description (March 2026)

Astute buyers will immediately recognise the rare opportunity presented by this 125sqm* commercial property at 361 Esplanade, Lakes Entrance. Positioned between McDonald's and Commonwealth Bank, and metres from the Lakes Entrance Shopping Centre anchored by Woolworths, this is the type of tightly held main street real estate that seldom becomes available.

The property's enviable location captures year-round foot traffic. Neighbouring national retailers including K-Hub, Bakers Delight, The Reject Shop, BWS and Alliance Pharmacy create a retail ecosystem that drives consistent customer flow directly past your door. For owner-occupiers, this translates to immediate market presence in the town's undisputed commercial heartland. For investors, it represents a blue-chip asset in Victoria's premier coastal tourism destination.

The versatile 125sqm* interior features an expansive open-plan area ideal for retail or showroom use, complemented by two separate offices with sink facilities. This flexible configuration appeals to a broad tenant market while offering owner-occupiers the ability to create their ideal business environment. The well-maintained presentation ensures immediate occupancy with minimal capital outlay.

Lakes Entrance continues to strengthen as a commercial hub, supported by growing tourism numbers, major infrastructure investment and year-round activation. Whether you are seeking to establish your own business in a location that guarantees exposure or building a commercial portfolio anchored by premium coastal assets, 361 Esplanade delivers the fundamentals that drive long-term capital growth and strong rental returns.

Tightly held Esplanade frontage of this calibre rarely comes to market. Secure your position in Lakes Entrance's most sought-after commercial precinct.

*Approximate only.

Property History for 361 Esplanade, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$569,800
02 Mar 2026
Listed for Rent
$575/w
05 Mar 2026
  • 02 Mar 2026
    Sold for $569,800
  • 08 Oct 2025
    Listed for Sale $528,000 + GST
  • 08 Oct 2025
    Listed for Rent $30,000 / year
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About 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 4,357 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.
There are currently 108 properties listed for sale, and 14 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 203 properties were sold in the past 12 months in Lakes entrance.

Suburb Insights for Lakes Entrance 3909

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.