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196 Princes Highway

Lakes Entrance VIC 3909

5
1
6
13100 m²
House
Currently for sale - view listing

Overview

Space to Grow 1.31 Hectares in Lakes Entrance

Positioned on a generous 1.31-hectare (approx.) parcel with distant water views, this is a standout opportunity for those looking to unlock future potential (STCA). With ample space and favorable proportions, the property presents exciting scope for subdivision into residential-sized allotments, making it an attractive option for developers, investors, or those wanting to landbank for the future. Held by the same family for over 60 years, the existing five-bedroom home offers a solid foundation while you plan your next move. Spacious throughout and filled with character, it provides comfortable accommodation with a functional layout, ideal for immediate use or renovation. Whether you choose to enhance, redevelop or subdivide (STCA), the possibilities here are significant. Key Features: - Potential for subdivision (STCA) with generous land size and layout - Expansive 1.31 hectares (approx.) offering flexibility for future development - Distant water views across the Gippsland Lakes - Well-maintained five-bedroom home with large proportions and practical floorplan - Peaceful setting just minutes (approx. 3 minutes) from the town centre - Easy access to Lakes Entrance, local amenities, and nearby Metung Located just under four hours from Melbourne, this is a rare opportunity to secure a sizeable parcel with both immediate comfort and long-term upside. Opportunities like this are increasingly hard to find, contact Jess Stevens on 0499 361 519 to arrange your inspection today.

Features

5 bedrooms
1 bathroom
6 carspaces
13100 m² lot size
House

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 houses in Lakes Entrance

In the last 12 months, 3 five-bedroom houses similar to 196 Princes Highway, have been sold.

This represents a 25% increase in five-bedroom houses sales when compared to the previous 12 months.

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