Meet our Team

King and Heath Real Estate Agent and Property Management Team

Michael Walstab | Accommodation, Commercial & Business sales

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Michael Walstab
Michael has had extensive experience in many business facets throughout his career. Having real estate experience in both accommodation business broking and property finance, he has also owned and managed various businesses, from the finance companies to retail chains and management consulting.

He brings a wealth of experience to King and Heath's Accommodation and Tourism Commercial division.

Testimonials

" We had the freehold of our caravan park on the market for 7 years. We had placed the sale over 5 different agents who specialised in the sale of caravan parks, plus 3 agents in town.
Not one agent disagreed with our selling price, however no offers were forthcoming.
On first meeting Michael he formalised the paperwork and started to explore avenues to sell our property.
He kept us abreast of his actions and was the only agent that made us feel he was working for us.
Success in the sale of our property was achieved and our sincere appreciation goes to Michael for his professional and personal endeavours.
" By Garry Jeal
" I can't recommend Michael highly enough for the dealings that my wife and I had with purchasing our house and business.
At all times Michael was only too happy to help out and provide guidance & most helpful advice.
In fact he went out of his way or took the extra step in order to help us reach a successful outcome.
" By Bryan & Rawita Carroll
" It was a pleasure to have engaged Michael Walstab from King & Heath as the selling agent for my motel and apartments.
Michael became a part of the team and extended family riding the ups and downs through the selling process, speaking with me multiple times a day when needed, and made himself available 24/7.
Michael constantly found solutions to road blocks that were way above and beyond the contract of selling agent, working tirelessly with not only myself, but working directly with solicitors, accountants and everyone involved on my behalf.
" By Tara Fairweather

UNIQUE COMMERCIAL OPPORTUNITY LOT 1 & 2

Ideally located in the centre of tourist destination - Lakes Entrance, this dual street access commercially zoned site offers a high profile. Neighbouring,… More »

Lot 1 & 2, Mechanics Street, Lakes Entrance, VIC

$240,000 + GST (if applic.)

Development

UNIQUE COMMERCIAL OPPORTUNITY - LOT 3

This dual street access commercially zoned site, located in the centre of tourist destination - Lakes Entrance offers a high profile. Close to all amenties… More »

Lot 3, 9 Mechanics Street, Lakes Entrance, VIC

$185,000 + GST (if applic.)

Development

ORBOST BAKERY

HIGHLY SUCCESSFUL and WELL ESTABLISHED bakery, in the main street of Orbost. Established over 70 years. Fairly recent re-furbishment with excellent fit-out.… More »

121 Nicholson Street, Orbost, VIC

$385,000

Retail

UNIT 1/3 CARPENTER STREET LAKES ENTRANCE

Located in the heart of Lakes Entrance, this well positioned commercial property is currently let as per the following: Term: 2 years from 5th December… More »

1/3 Carpenter Street, Lakes Entrance, VIC

$230,000 plus GST ( if applic.)

Retail

PROMINENT WATERVIEW POSITION

FOR SALE $435,000 PLUS GST (IF APPLICABLE) Positioned directly opposite Cunningham Are waterway, this commercially zoned vacant land offers a rare opportunity… More »

99 Esplanade, Lakes Entrance, VIC

$435,000 plus GST (if applic.)

Development

HYBISCUS APARTMENTS

Freehold and Business For Sale $1,180,000 Absolute waterfront position, this accommodation business has a northerly aspect with beautiful views of the… More »

132 Marine Parade, Lakes Entrance, VIC

$1,180,000

Accommodation/Tourism

HYBISCUS APARTMENTS

Freehold and Business For Sale $1,180,000 Absolute waterfront position, this accommodation business has a northerly aspect with beautiful views of the… More »

132 Marine Parade, Lakes Entrance, VIC

$1,180,000

Leisure

Central Location Lakes Entrance Prominent street front position in the Centrepoint Arcade in Lakes Entrance

• Office size 430 sqm approx • 6 offices • Large open work areas • Reception area • Separate kitchenette and bathroom • Rental $865 per week… More »

10&11/271 Esplanade, Lakes Entrance, VIC

$45,000 per annum + GST & outgoings

Retail

Central Location Lakes Entrance Located in the Centrepoint Arcade in Lakes Entrance

• Shop size 87sqm approx • Front Counter • Separate rear room • Toilet & basin and two sink points • Rental $270 per week ex GST plus Outgoings… More »

8/271 Esplanade, Lakes Entrance, VIC

$14,000 per annum + GST & outgoings

Retail

Central Location Lakes Entrance Located in the Centrepoint Arcade in Lakes Entrance

• Shop size 83sqm approx • Front Counter • Separate rear room • Rental $270 per week ex GST plus Outgoings… More »

4/271 Esplanade, Lakes Entrance, VIC

$14,000 per annum + GST & outgoings

Retail

TWIN OFFER MOTEL LEASEHOLDS $440,000 + SAV

Located at one of the two key transit points to/from Canberra and/or The Sapphire Coast this dual business offers two motels on opposite sides of the highway.… More »

18 Princes Highway, Cann River, VIC

$440,000 + SAV

Accommodation/Tourism

REDEVELOPMENT POTENTIAL

Located on Roadknight Street in the popular tourist destination of Lakes Entrance. A short distance to the main retail precinct of Myer Street and the… More »

8 Roadknight Street, Lakes Entrance, VIC

$290,000

Offices

COMMERCIAL FREEHOLD OPPORTUNITY

Located in Church Street in the hub of the commercial sector of popular tourist destination Lakes Entrance. The building is an open showroom at the front,… More »

58 Church Street, Lakes Entrance, VIC

Undisclosed

Retail

COMMERCIAL FREEHOLD OPPORTUNITY

Located on a busy corner of popular tourist destination Lakes Entrance, this purpose built commercial building is currently leased to Dahlsens Mitre 10. Zoning:… More »

40 Church Street, Lakes Entrance, VIC

Undisclosed

Retail

GOOD INCOME - RELAXED HOURS

Lakes Entrance Mini Golf and Trampolines is a surprise performer. This well positioned corner residentially zoned block is a great business with excellent… More »

56 Roadknight Street, Lakes Entrance, VIC

Undisclosed

Leisure

GOOD INCOME - RELAXED HOURS

Lakes Entrance Mini Golf and Trampolines is a surprise performer. This well positioned corner residentially zoned block is a great business with excellent… More »

56 Roadknight Street, Lakes Entrance, VIC

Undisclosed

Leisure

EAST GIPPSLAND WATERFRONT WILDERNESS

CARAVAN PARK FREEHOLD AND BUSINESS FOR SALE Set between Bairnsdale and Sale on the Gippsland Lakes, this caravan and camping park offers approximately… More »

422 Woodpile Road, Meerlieu, VIC

Undisclosed

Leisure

COMMERCIAL FREEHOLD OPPORTUNITY

Located on Church Street in the hub of the commercial sector of popular tourist destination Lakes Entrance. The building is an open plan showroom with… More »

62 Church Street, Lakes Entrance, VIC

Undisclosed

Retail

FREEHOLD MOTEL WITH WATER VIEWS

With beautiful water views overlooking North Arm and central location this motel and 3 bedroom residence has been tastefully renovated and ready to go… More »

152-164 Marine Parade, Lakes Entrance, VIC

Undisclosed

Leisure