121 Princes Highway, Lakes Entrance VIC 3909

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

121 Princes Highway, Lakes Entrance VIC 3909

EXPRESSIONS OF INTEREST

Search Band Search Visibility Band

$450k - $500k Medium Confidence Calculated based on our search observations.

Land 9.14 acres

Listed: 6 days ago

Overview

This substantial 9.14-acre parcel of residentially zoned land presents a rare opportunity for those seeking either a private lifestyle near town or a development project with clear potential. Situated just minutes from Lakes Entrance's town centre, the gently graded terrain provides dual access points, enhancing convenience and future subdivision possibilities.

With a planning permit already secured for a 23-lot subdivision and accompanying engineering plans and reports, much of the preparatory work has been thoughtfully completed. This positions the land as an appealing prospect for developers and investors looking to capitalize on a growing market close to essential amenities.

Alternatively, individuals desiring to build a bespoke home can enjoy the privacy and space offered by this acreage without sacrificing proximity to schools, shopping, and community services. The size and location combine to offer flexibility rarely available within such a desirable zoning.

In essence, this property caters to a diverse range of buyers, from developers to private landowners, with an emphasis on long-term value and potential. Its proximity to town balanced with generous land size makes it a standout prospect for those who want room to grow while staying connected.

Local Market Insights

In Lakes Entrance, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $345,000. The property type mix of listed properties is predominantly Houses at 70%, followed by units (15%), and land (7%). The most active agency for land in the Lakes Entrance area is currently First National, representing 50% of new listings, followed by Shoreside Real Estate with 50%. 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.