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158 Princes Highway

Lakes Entrance VIC 3909

17785 m²
Land
Currently for sale - view listing

Overview

Prime Development Opportunity in Lakes Entrance

Set on an expansive 17,785m² (approx.) across two titles - Lot 1: 9,084m² and Lot 2: 8,737m² - this rare offering spans a combined 4.39 acres and presents exceptional potential in the heart of Lakes Entrance. Zoned General Residential Zone - Schedule 1 (GRZ1), the property provides outstanding scope for a wide range of development opportunities (STCA), including various residential, subdivision, and lifestyle-focused projects • Subdivision into multiple residential allotments • Establishment of a caravan park or lifestyle accommodation With potential dual road access via Princes Highway or Gold Ring Road (both subject to Gippsland City Council approval), this property offers both convenience and flexibility for future planning. About Lakes Entrance Lakes Entrance is one of Victoria's most sought-after coastal destinations, renowned for its iconic Gippsland Lakes system-Australia's largest inland network of waterways. Only moments from the ocean and Ninety Mile Beach, the area attracts both permanent residents and holidaymakers seeking a relaxed coastal lifestyle. Investment Appeal • Large-scale landholding in a prime location • Zoned and suited to residential and lifestyle development • Minutes from the town centre, beaches, and amenities • Growing demand for both housing and tourism accommodation in the region This is an exceptional opportunity to secure a landmark site in a thriving coastal community with enormous future growth potential. Call selling agent Daniel Schoeman on 0417 824 769 for more information or to arrange a private inspection. ____________________________________________ 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). You must conduct your own due diligence to confirm the zoning rules, council requirements, title restrictions, service availability, site constraints, and financial viability before lodging a subdivision application. Getting professional advice early will save time and money.

Features

17785 m² lot size
Land

Property history for 158 Princes Highway

2021
Sold
Undisclosed
Private Sale/Treaty on 24 Dec 2021 by Ann Waller, of Lockwood 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 land plots in Lakes Entrance

In the last 12 months, 22 land plots similar to 158 Princes Highway, have been sold.

This represents a 37% decrease in land plots sales when compared to the previous 12 months.

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