Back 5/83 Esplanade
Off Market

5/83 Esplanade

Lakes Entrance VIC 3909

3
2
2
185 m²
House
Last sold for $605,000
Daniel SchoemanDaniel Schoeman, last sold this property on 18 August 2025 after 603 days on market.

Overview

Exceptional Lakes Entrance Living - Potential, Position and Perfectly Priced

Seize the extraordinary opportunity to revel in the luxury of effortless living with this stunning townhouse, ideally situated in one of Lakes Entrance's most coveted locations. Live the dream in this exceptional property, steps away from the dazzling Gippsland Lakes, offering breathtaking panoramic views and direct access to Lakes Entrance's unmatched amenities. Experience ultimate convenience on the lower level, where an expansive open-plan living-dining area, a meticulously designed kitchen, and a practical powder room await. Connected seamlessly to the side-by-side double garage, this space ensures unparalleled ease and a seamless flow. Step out into the inviting alfresco area, a haven for outdoor dining, sun-soaked relaxation, and the invigorating sea breeze. This property presents a fantastic investment opportunity, currently generating a rental income of $500.00 per week. The upper level presents a thoughtfully designed layout with three generously sized bedrooms. The master bedroom boasts an ensuite and walk-in robe, while a family bathroom, including a bath, serves the other bedrooms. This residence epitomises comfort and sophistication at every turn. This property features brand-new carpets installed and a new split-system air conditioner. Key Features - New vinyl plank flooring to downstairs - Split system heating and cooling main living and in two bedrooms. - Powder Room - Alfresco area - Internal access from garage Location Features - Walking distance to town centre and footbridge going to the ocean and beaches - Private - set back from main road - Walking distance from the lake beaches Make Lakes Entrance your home and embrace the coastal dream of Australia. Bid farewell to the hustle of city life while enjoying modern conveniences at your doorstep, with shops nearby and boats drifting by your window. This haven is ideal for those seeking a perfect holiday destination or a tranquil retirement. Don't miss out on this unparalleled opportunity to elevate your life. Call selling agent DANIEL SCHOEMAN on 0417 824 769 to secure your private viewing. _________________________________________________________ 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). Disclaimer: All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. *Please note that the image indicating the boundary lines is an estimate only. The actual boundary lines for this property are provided in the Section 32 / Vendor Statement.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
185 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Lakes Entrance over the last 12 months, the estimated median property value of 5/83 Esplanade is $525k.

Median value
$525k
Estimated value range
$300k - $960k
Median days on market
142
Estimated value trend
6%
increase 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 5/83 Esplanade

2025
Sold
$605,000
Private Sale/Treaty on 18 Aug 2025 by Daniel Schoeman, of RE/MAX Genesis
2024
Rented
Undisclosed
Leased on 08 Sep 2024 by RE/MAX Genesis

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 3 bedroom houses in Lakes Entrance

In the last 12 months, 64 three-bedroom houses similar to 5/83 Esplanade, have been sold.

This represents a 80% decrease in three-bedroom houses sales when compared to the previous 12 months.

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