1 Princes Highway, Lucknow, VIC 3875 | Property Value & History | OnTheHouse
FOR SALE

1 Princes Highway
Lucknow VIC 3875

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 15985m2
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Property Details for 1 Princes Hwy, Lucknow

Building Type
Commercial
Year Built
2007
Floor Size
94m2
Land Size
15985m2
Local Government
East Gippsland

Last Listing description (October 2025)

Motivated vendors - reasonable offers considered!
Nestled on the fringe of Bairnsdale’s vibrant CBD, this unique 1.6-hectare property presents an extraordinary chance to secure a premium piece of real estate with unmatched highway exposure and sweeping water views. This rare offering is a perfect blend of investment potential and lifestyle appeal.

Enjoy the privilege of private access to a peaceful lake, while being just a stone’s throw from the popular Howitt Park, a well-loved local rest spot.
The Bairnsdale CBD is a short, scenic walk across the picturesque Mitchell River, putting everything you need right at your doorstep.
Included in the sale is a charming, fully licensed cafe, a community favorite, complete with an inviting indoor seating area and a generous north-facing undercover deck—ideal for alfresco dining year-round, with blinds for added comfort. The caf&aecute; comes fully equipped with all necessary plant and equipment, so you can continue operations seamlessly, or put your own spin on it. Plus, there is fantastic potential for further development (STCA), making this a truly flexible opportunity.
Also included is a beautifully renovated 2-bedroom, 2-bathroom residence that exudes country charm while offering modern comforts. Currently leased for short stays, the home boasts an abundance of north-facing windows, filling the space with natural light and offering breathtaking views over the surrounding landscape. The thoughtful renovation maintains its country appeal, providing a cozy and inviting atmosphere perfect for guests or a private retreat.
A large 6.5 x 8m shed with a concrete floor and power further enhances the property, providing space for storage, workshop, or any number of other uses.
This property is bursting with potential—whether you envision expanding the caf&aecute; business, redeveloping the land to suit your vision, or repurposing the space for something entirely new, the possibilities are limitless.
Seize this rare opportunity to secure a piece of prime real estate with unrivaled potential and let your dreams become reality in one of the most desirable locations in Bairnsdale.

Property History for 1 Princes Hwy, Lucknow, VIC 3875

A timeline of how this property has performed in the market
  • 12 Jul 2024
    Listed for Sale Please Call
  • 26 Mar 2022
    Listed for Sale PRICE BY NEGOTIATION
  • 17 Jun 2015
    Listed for Sale MAKE AN OFFER !
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About Lucknow 3875

The size of Lucknow is approximately 19.7 square kilometres. It has 7 parks covering nearly 1.8% of total area. The population of Lucknow in 2016 was 1254 people. By 2021 the population was 1439 showing a population growth of 14.8% in the area during that time. The predominant age group in Lucknow is 60-69 years. Households in Lucknow are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lucknow work in a trades occupation.In 2021, 78.80% of the homes in Lucknow were owner-occupied compared with 73.40% in 2016.

Lucknow has 1,474 properties. Over the last 5 years, Houses in Lucknow have seen a 51.29% increase in median value, while Units have seen a 56.29% increase. As at 30 November 2025:

  • The median value for Houses in Lucknow is $555,546 while the median value for Units is $344,388.
  • Houses have a median rent of $540 while Units have a median rent of $225.
There are currently 48 properties listed for sale, and 9 properties listed for rent in Lucknow on OnTheHouse. According to Cotality's data, 69 properties were sold in the past 12 months in Lucknow.

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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.