6 Mechanics Street, Lakes Entrance, VIC 3909 | Property Value & History | OnTheHouse
FOR SALE

6 Mechanics Street
Lakes Entrance VIC 3909

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 362m2
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Property Details for 6 Mechanics St, Lakes Entrance

Building Type
Rural
Land Size
362m2
Local Government
East Gippsland
Lot/Plan
4/LP88749

Last Listing description (November 2025)

Opportunities like this are exceptionally scarce. Zoned Commercial 1, this prime parcel of land, approximately 362 m2, offers outstanding flexibility for a wide range of commercial or mixed-use developments. Perfectly positioned in the CBD of Lakes Entrance, it enjoys high foot traffic, strong visibility, and dual road frontages-making it ideal for businesses seeking maximum exposure.

Surrounded by major national retailers and daily-traffic generators, including McDonald's, Woolworths, Bakers Delight, and the nearby public library, this location places your future development right in the centre of one of the region's most active commercial precincts.


Whether you're planning a signature retail space, hospitality venue, or a landmark commercial build, this site represents a standout investment in a tightly held corridor.

The previous owner held a planning permit for the development of a bar on the site. This permit is no longer current; however, the property remains well-suited to a similar coastal-lifestyle hospitality use. Any prospective purchaser may apply for a new planning permit, subject to approval by the East Gippsland Shire Council.

Interested parties are encouraged to make their own enquiries directly with Council regarding requirements, timeframes, and the likelihood of approval
Lakes Entrance offers a relaxed coastal lifestyle surrounded by some of Victoria's most beautiful natural landscapes. Known for its long stretches of pristine beaches, calm lakes, and easy access to waterways, it's a haven for boating, fishing, swimming, and outdoor adventure. The town has a friendly, laid-back community feel, with local cafés, shops, and services all within easy reach. Stunning walking tracks, fresh seafood, and picturesque lookouts add to the charm, while the slower pace makes it ideal for families, retirees, and anyone seeking a peaceful, coastal way of life.

Call DANIEL SCHOEMAN on 0417 824 769 for more information.


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 helps you identify whether any of these issues 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).

Property History for 6 Mechanics St, Lakes Entrance, VIC 3909

A timeline of how this property has performed in the market
Last Sold
$280,000
17 Nov 2021
  • 21 Nov 2025
    Listed for Sale $395,000
  • 17 Nov 2021
    Sold for $280,000
  • 09 Sep 2021
    Listed for Sale $335,000
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About Lakes Entrance 3909

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 4,280 properties. Over the last 5 years, Houses in Lakes Entrance have seen a 57.25% increase in median value, while Units have seen a 74.23% increase. As at 31 October 2025:

  • The median value for Houses in Lakes Entrance is $572,418 while the median value for Units is $383,720.
  • Houses have a median rent of $485 while Units have a median rent of $350.
There are currently 110 properties listed for sale, and 11 properties listed for rent in Lakes entrance on OnTheHouse. According to Cotality's data, 149 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.