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88 Capes Road, Lakes Entrance VIC 3909

$479,000

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$479k - $503k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 2 Cars 527 m²

Listed: 44 days ago

Overview

Perched in an elevated setting in Lakes Entrance, this inviting two-bedroom home offers a unique combination of peaceful coastal living and investment potential. The vantage point reveals sweeping views toward the waters and surrounding greenery, providing a tranquil backdrop that enhances the property's appeal.

Arriving at the home, one is welcomed by lush surrounds that create a calm and private atmosphere. Inside, the living space benefits from abundant natural light and features a cosy fireplace, making it a comfortable retreat during cooler months. The adjoining kitchen and dining area are thoughtfully connected, forming a central hub that supports everyday life with practicality and ease.

The bedrooms are generously sized and positioned to maximise outlook and sunlight, while the central bathroom maintains a neat, functional design supporting an easy-care lifestyle. Outdoor areas further complement the home, offering tranquil spaces for relaxation and enjoying the ever-changing landscape.

Currently tenanted by long-term occupants, this property presents a secure and set-and-forget opportunity ideal for investors seeking steady returns in a tightly held coastal market. Its strategic location places residents just minutes from local beaches, walking trails, cafes, and lively township amenities, making it equally appealing for holidaymakers or those longing for a seaside foothold.

Local Market Insights

In Lakes Entrance, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $825,222. The property type mix of listed properties is predominantly Houses at 70%, followed by units (15%), and land (7%). The most active agency for houses in the Lakes Entrance area is currently First National, representing 39% of new listings, followed by East Gippsland Real Estate with 33%. 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.