Back 1, 2 & 3/9 Coates Road
Off Market

1, 2 & 3/9 Coates Road

Lakes Entrance VIC 3909

5
3
3
819 m²
Block of units
Rachael NewmanRachael Newman, last sold this property on 20 December 2025 after 1143 days on market.

Overview

Great Investment, Positioned for Convenience!

We are excited to present a great opportunity for an investor to purchase three solid brick units each separately titled and perfectly positioned close to the local shops, schools, public transport and the beach. Each Unit Features: - Unit 1 & 3 are 2 Bedrooms with built-in-robes, Unit 2 is a 1 Bedroom with built-in-robe - Comfortable lounge room space - Kitchen with electrical cooking facilities - Separate laundry with backyard access - Single lockup garage- Private secure backyard - Split-system for heating and cooling - Solid brick building & Besser block internal walls - Each unit has a stand alone title - Endless scope for future development potential (STCA). For the astute investor all three units are currently leased with great long term Renters with a combined income of $2,800 per calendar month, a nice opportunity to purchase a solid investment. Note: - These 3 Units are to be sold collectively, will not be separated - Given the units are tenanted we are required to give 48 hours notice for an inspection For all enquiries please contact our office today 03 51553133 Disclaimer: 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 aims to help you identify whether any of these issues will 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). Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries.

Features

5 bedrooms
3 bathrooms
3 carspaces
819 m² lot size
Block of units

Estimated Value

Based on this property and similar 5 bedroom block of units sold in Lakes Entrance over the last 12 months, the estimated median property value of 1, 2 & 3/9 Coates Road is $550k.

Median value
$550k
Estimated value range
$550k - $750k
Median days on market
550
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lakes Entrance. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1, 2 & 3/9 Coates Road

2025
Sold
Undisclosed
Private Sale/Treaty on 20 Dec 2025 by Rachael Newman, of Shoreside Real Estate

Happy sellers in Lakes Entrance

87%
87% of sellers in Lakes Entrance reported that their sale price either exceeded or met their price expectations.

Lakes Entrance stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Lakes Entrance over the last 12 months.

Local market activity for 5 bedroom block of units in Lakes Entrance

In the last 12 months, 3 five-bedroom block of units similar to 1, 2 & 3/9 Coates Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lakes Entrance

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent