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113 Main Road, Paynesville, VIC 3880, 3 Bedrooms, 2 Bathrooms, House

$525,000

113 Main Road, Paynesville, VIC 3880

3
2
5
1046m2
HouseListed on Mon Jun 24

Paynesville 3 Bedroom INVESTMENT OPPORTUNITY WITH LEASES IN PLACE!

Located on Paynesville's main road, this large property offers immense investment potential. The property consists of a 2-bedroom house at the front and a 1-bedroom unit at the back, providing an excellent opportunity for short-term stays or rentals in the desirable coastal town of Paynesville.

The 2-bedroom house features well-lit living spaces with corner bedrooms that maximize natural light. The house has floorboards throughout and a recently updated bathroom, while also including a separate laundry, a small fenced yard, garden shed, and a spacious carport.

The furnished unit at the back comes decorated and fully equipped for comfortable living or renting. Its carpeted living room seamlessly connects to the dining and kitchen area, complete with a breakfast bar for additional seating. The unit offers independent living with a washing machine in the bathroom. It also features a front deck, garden shed, a washing line, and a backyard space.

In addition to the two dwellings, the property boasts a large 10x10 metre shed, providing extra storage or investment opportunities.

The house is currently leased until late May 2025, at $350 per week. The unit is currently leased until February 2025, at $260 per week.

Don't miss out on this great value opportunity at 113 Main Road, Paynesville. It's a unique property that's worth coming to see!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Location

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Council Data

Design and DevelopmentYes

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Paynesville Primary School
0.61 km
Primary
Prep-6
Government
icsea: 993
Bairnsdale Secondary College
12.10 km
Secondary
7-12
Government
icsea: 943

Property history

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For developers

lot20
planLP25176
zoneCodeGRZ1
primaryZoneDescriptionGENERAL RESIDENTIAL ZONE - SCHEDULE 1
URLhttps://www.planning.vic.gov.au/

Paynesville surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
38 Cumming Street, Paynesville
0.19 km
3
1
-m2
Year 2024 Month 12 Day 04
-
Council approved
97E Langford Parade, Paynesville
0.15 km
3
2
-m2
Year 2024 Month 11 Day 25
$475,000
Council approved
Unit 30/5 Canal Road, Paynesville
0.19 km
2
1
-m2
Year 2024 Month 10 Day 23
-
Council approved
128 Main Road, Paynesville
0.12 km
0
0
-m2
Year 2024 Month 09 Day 09
-
Council approved
Unit 3/2 Canal Road, Paynesville
0.14 km
2
1
-m2
Year 2024 Month 07 Day 15
-
Council approved

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Ref:114P4009Last update:2024-07-09 05:03:17