Back 351 Esplanade
Off Market

351 Esplanade

Lakes Entrance VIC 3909

Land
Philip DunnPhilip Dunn, last sold this property on 15 July 2025 after 112 days on market.

Overview

COMMERCIAL / RESIDENTIAL DEVELOPMENT SITE APPROVED PLANS

Situated on the Esplanade within the township of Lakes Entrance and with rare Princes Highway frontage, this allotment is located directly opposite the Gippsland Lakes making the ideal commercial and residential development site (485m2 approx.) Neighbouring McDonalds, Woolworths and Target and with rear access to major car parking, this site is suitable for various retail or residential projects. (S.T.C.A.) The sale of this vacant allotment includes approved conditional plans for a retail shop at ground level and penthouse residence on the second and third levels. Contact exclusive selling agents, Gary Henry Real Estate today for full plans, permits and other information.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Lakes Entrance over the last 12 months, the estimated median property value of 351 Esplanade is $195k.

Median value
$195k
Estimated value range
$170k - $635k
Median days on market
84
Estimated value trend
-11%
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 351 Esplanade

2025
Sold
Undisclosed
Private Sale/Treaty on 15 Jul 2025 by Philip Dunn, of Gary Henry Real Estate
2023
Sold
Undisclosed
Private Sale/Treaty on 13 Apr 2023 by Philip Dunn, of Gary Henry Real Estate
2020
Sold
Undisclosed
Private Sale/Treaty on 20 Jan 2020 by Philip Dunn, of Gary Henry 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, 21 land plots similar to 351 Esplanade, have been sold.

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

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