103A Princes Highway

Lucknow VIC 3875

0 m²

416 m²

House

Last sold for $285,000

Richard Ivey, last sold this property on 15 March 2026 after 778 days on market.

Overview

Affordable Three Bedroom Home - Tenanted @ $380 per week

This three-bedroom gem in Lucknow would be a great entry into the property market or even a first rental property for a savvy investor. The home sits on predominantly concrete stumps at the front of the home transitioning to a concrete slab at the rear providing an excellent base for further renovation or improvement. At the entry to the home is a large lounge, the centrepiece being the inbuilt slow combustion wood heater which keeps the home warm during the cooler months whilst a split system reverse cycle air conditioner handles the cooling in the summer months. The master bedroom is located at the front of the home off the lounge and is fitted with a ceiling fan. The kitchen is the at the centre of the home and has excellent bench space, a pantry and room for a dining table. The second bedroom is located off the kitchen and is carpeted. To the rear of the home, a rear entry way doubles as a laundry. The generous third bedroom, a family bathroom and separate toilet are accessed from here. The low maintenance block of 416 m2 has plenty of off-street parking with a single garage and a carport for undercover storage. A small north-facing veranda at the rear of the home is a great place to enjoy a morning coffee or a cool drink in the evening. There is also an inbuilt storage cupboard under the rear veranda, accessible from outside. NBN (via Fibre to the Node) is connected and mains gas is already on the property, whilst there is excellent Telstra 5G reception. The home is also conveniently located close to almost everything Bairnsdale and Lucknow have to offer. The Lucknow Recreation Reserve is only a short stroll where you can enjoy a kick of the footy on the oval, a run on the recently laid netball courts or watch a game of footy or netball. Club Eastwood is only a short walk for a meal with friends, a flutter on the pokies or a quiet drink after work, whilst the Bairnsdale CBD is within easy walking distance. Howitt Park is only a short stroll where the Farmers Market and Howitt Park Market are each held once a month. Both the Eastwood and the Mitchell River walking track networks are close by, as is the East Gippsland Rail Trail which runs for around ninety kilometres through to Orbost. The United Service Station and the Exchange takeaway are only a drop punt away for all those essentials, a takeaway meal or a morning coffee. Like adventure? It's only a short drive to the Victorian High Country, perfect for those that like to explore further afield. The Victorian snowfields are around two and a half hours' drive via the beautiful Tambo Valley. For the for the fishos, the fishing options are endless in this part of Victoria including the Gippsland Lakes system, accessible by boat from the Howitt Park boat ramp, only a short drive. Don't miss your opportunity to get into the property market at an affordable price. Alternatively, with an excellent tenant in place until May 2026 at $380 per week, invest and take advantage of an excellent gross rental return of approximately 6.7%! Please view our Virtual Tour online and call Richard Ivey on 0401 113 310 to arrange your private inspection. Please Note : The home offered for sale is 103A Princes Highway, Lucknow (approx. 416 m2). There is an additional block to the rear of the home (103B) with separate access to the side of the shed that is not included in the sale. This is demonstrated in the overhead drone photo in the listing.

Features

3 bedrooms

1 bathroom

2 carspaces

1 carport space

1 garage space

0 m² floor area

416 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lucknow over the last 12 months, the estimated median property value of 103A Princes Highway is $500k.

Median value

$500k

Estimated value range

$285k - $590k

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lucknow. 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.