A rare opportunity awaits with these two units, each offering 2 bedrooms, 1 bathroom, and ocean views. Situated in a prime location near the beach, ocean, and the bustling town of Lakes Entrance, this property offers flexibility and potential for the savvy investor or developer. Currently, both units are tenanted with a solid rental income, making this a low-maintenance, high-reward investment. Whether you're looking to expand your portfolio, secure a coastal retreat, or take advantage of the development potential, this property ticks all the boxes. Adding to the appeal, a planning permit and plans for two modern townhouses are already in place. You can choose to develop and create luxurious coastal homes or maintain the existing setup as a steady income stream. Located in a highly sought-after area, these units offer unbeatable proximity to the water, walking paths, local amenities, and the vibrant community of Lakes Entrance. Opportunities like this don't last long. Whether you want to enjoy as is or realize the full potential of this exceptional property, the choice is yours. Contact our office today to secure your investment!