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7 Hunter Street

Lakes Entrance VIC 3909

4
2
2
851 m²
House
Currently for sale - view listing

Overview

Commercial 1 Zoned Opportunity | Blue-Chip Lakes Entrance Location

Positioned in one of the most tightly held and highly sought-after pockets of Lakes Entrance, 7 Hunter Street presents a rare opportunity to secure a substantial corner holding with enormous future potential. Set just a stone's throw from the Post Office, North Arm waterfront and Cunninghame Arm, the property offers an exceptional chance to capitalise on its premium central location and versatile zoning - and opportunities like this rarely hit the market. Occupying a prominent corner allotment with dual street access from both Hunter Street and Barkes Avenue, the property is zoned Commercial 1, providing exceptional flexibility for future use and development (STCA). The zoning allows for a broad range of residential, commercial and mixed-use opportunities, making the property particularly appealing to developers, investors or buyers looking to establish themselves in a premium central location with scope to further improve or redevelop the site over time. There's no denying the home itself requires work to restore it to its former glory, however the foundations for future improvement are certainly present. Previously rented for an extended period and remaining liveable as-is, the home offers four bedrooms, two bathrooms, a large country-style kitchen and dining space, generous lounge room with split-system air conditioning, timber cladding exterior and a Colorbond roof in good condition. The windows have also been replaced throughout, providing a valuable head start for future renovations. Further enhancing the property are several useful outbuildings, including one containing a second laundry and additional bathroom, along with a separate shed providing extra storage or workspace options. Positioned within walking distance to shops, cafes, waterfront walking tracks and essential amenities, the location continues to be one of the property's strongest drawcards. Whether you choose to renovate, redevelop or landbank for the future, opportunities like this rarely come along in such a tightly held central position. With its unbeatable location, dual street frontage and significant upside, this is a property brimming with untapped potential. For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Features

4 bedrooms
2 bathrooms
2 carspaces
851 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 6 reviews in Lakes Entrance over the last 12 months.

Local market activity for 4 bedroom houses in Lakes Entrance

In the last 12 months, 27 four-bedroom houses similar to 7 Hunter Street, have been sold.

This represents a 8% decrease in four-bedroom houses sales when compared to the previous 12 months.

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