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Overview
This apartment is situated in the heart of Lorne, offering an exceptional opportunity for lifestyle investment. The property is a one-bedroom leasehold apartment that provides a smart entry point into the Lorne market.
The accommodation comprises a well-appointed kitchen designed for convenience, and an internal laundry facility. Residents have the flexibility to enjoy the apartment for up to 56 days per year for personal use.
Besides personal use, the apartment delivers robust rental returns during the remaining days of the year, making it an effective investment opportunity. The location is central and highly accessible, located just moments from Lorne's popular beach, various cafes, and retail shops, allowing residents to enjoy coastal living at its best.
Added advantages include a secure car parking space and a private storage cupboard for additional convenience. The resort complex has extensive amenities available to residents, including a swimming pool, spa, steam rooms, a gymnasium, tennis courts, and other recreational facilities.
This property presents an affordable and flexible way to invest in the coastal lifestyle of Lorne. It perfectly suits buyers looking for a holiday retreat combined with investment potential, giving access to the best that coastal living has to offer in a highly sought-after location.
The apartment is designed to combine comfort, convenience, and lifestyle with strong investment prospects, making it an outstanding option for buyers entering the Lorne market.
Local Market Insights
In Lorne, Quiet Listings observed 24 new apartments entering the market over the last 30 days, with an average advertised asking price of $407,208. The property type mix of listed properties is predominantly Apartments at 65%, followed by houses (25%), and units (8%). Smyth Real Estate was the most active agency in this area, representing 94.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Lorne VIC 3232
Market Insights for Lorne VIC 3232
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
