196 Princes Highway, Lakes Entrance, VIC, 3909

For Sale

196 Princes Highway, Lakes Entrance, VIC, 3909

$850,000

13100 m²

House

•

30+ days on the market

View agent price guide

Inspection times

Inspections are by appointment only.

What's around 196 Princes Highway

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.