Situated on the second floor of the popular Bellevue on the Lakes complex, this fully furnished motel-style room offers a straightforward investment opportunity in the centre of Lakes Entrance.
With the property operated as part of the professionally managed accommodation pool, owners can enjoy a hands-off investment with the potential for solid returns, while the day-to-day management and guest requirements are taken care of.
The room is being offered fully furnished and ready to continue within the accommodation pool, providing an easy addition to an existing portfolio or an affordable way to enter the local tourism and accommodation market.
The location is a key attraction, with the Lakes Entrance waterfront, shops, cafes and restaurants all close by, making it a convenient choice for visiting guests.
For investors seeking an affordable property with an established accommodation setup, central location and attractive income potential, this Bellevue on the Lakes opportunity is well worth a look.
Please note that this property is investment only and cannot be used as a permanent residence.
For further information, please contact East Gippsland Real Estate on 03 5155 6777.
For a Due Diligence Checklist, please go to: consumer.vic.gov.au/duediligencechecklist
Features
1 bedroom
1 bathroom
directions_car1 carspace
crop_free80 m² lot size
cottageApartment
Property history for 43/203 Esplanade
2021
Sold
Undisclosed
14 Dec 2021 by Chris Howett, of King & Heath First National Lakes Entrance
Happy sellers in Lakes Entrance
85%
sentiment_very_satisfied
85% 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 8 reviews in Lakes Entrance over the last 12 months.
Local market activity for 1 bedroom apartments in Lakes Entrance
Sold
For Sale
For Rent
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