Discover an exceptional investment opportunity with this generous 2,672 square meter parcel of residential land in the picturesque Lakes Entrance, home to the stunning 90 Mile Beach. Ideally situated close to town, with views over to the Lake and a walking path directly on your boundary to take you into town. This property offers immense potential for development in a rapidly growing area of East Gippsland.
Previously considered for a hotel or motel, the land has not yet been approved for such purposes by the Shire, but this opens the door to a wealth of residential opportunities. With the potential to approve 4 to 6 townhouses, subject to council approval, the possibilities are endless for developers and investors alike looking to create a thriving residential community.
Imagine the potential of crafting a vibrant neighborhood that embraces the coastal lifestyle, complete with modern townhouses that attract families, retirees, and holidaymakers alike. With its proximity to the beach, local amenities, and the natural beauty of Lakes Entrance, this property is perfectly positioned to meet the increasing demand for quality housing in the area.
Don't miss out on this remarkable opportunity to shape the future of residential living in Lake Entrance—explore the endless possibilities this exceptional land has to offer!
Contact Shoreside Real Estate today and lets discuss your potential opportunity 03 5155 3133
Buyer 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.