40/203 Esplanade Lakes Entrance VIC 3909
Property Details for 40/203 Esplanade, Lakes Entrance
40/203 Esplanade, Lakes Entrance is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 5508m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2026)
Positioned on the 2nd floor of the well-known Bellevue on the Lakes complex, this fully furnished motel-style room presents an outstanding pure investment opportunity in the heart of Lakes Entrance.
Overlooking the iconic fishing fleet and the beautiful Cunningham Arm, the room enjoys impressive water views that guests love, helping drive strong and consistent returns. Being part of a professionally managed complex means owners can enjoy a low maintenance investment with income potential, without the day-to-day responsibilities.
The property is offered fully furnished and ready to continue operating within the accommodation pool, making it an ideal addition to any investment portfolio. Guests are drawn to the unbeatable central location, with shops, cafes, restaurants and the waterfront all just moments away.
If you are looking for an affordable entry into the local accommodation market with excellent returns and a prime position, this Bellevue investment is well worth your consideration.
Please note that this property is not for permanent living & is purely investment only.
For further information, please contact East Gippsland Real Estate on 03 5155 6777 today.
For a Due Diligence Checklist, please go to: consumer.vic.gov.au/duediligencechecklist
Property History for 40/203 Esplanade, Lakes Entrance, VIC 3909
- 10 Mar 2026Listed for Sale $170,000
- 24 Jul 2023Sold for $170,000
- 18 May 2023Listed for Sale $180,000
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 4,359 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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