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