19/19 Mitchell Street
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About this property
Positioned right in the heart of the Gippsland Lakes, 19 Captains Cove offers a great opportunity to secure a quality waterfront holiday rental with strong occupancy and a reliable income stream. The home is well cared for and has been recently refreshed, presenting fresh, modern and tidy throughout. The updated kitchen sits at the centre of the home and connects naturally with the open plan living and dining area. Tasteful finishes and furnishings create a light, clean and welcoming space that is ready to be enjoyed from day one. Offered fully furnished on a genuine walk-in walk out basis the property includes three bedrooms, all fitted with queen beds. This makes it an easy, low stress option for buyers looking for a proven holiday rental while still allowing flexibility for personal use of up to 21 days per year. Waterfront living is the real highlight. The living area opens directly onto the deck, where peaceful canal views set the tone for relaxed lakeside living. With direct water access and a private jetty, boating, kayaking or simply enjoying the outlook becomes part of everyday life. The location completes the picture. A short walk takes you to the cafés, restaurants and shops of Paynesville, with the broader Gippsland Lakes right on your doorstep. Well maintained fully equipped and ready to go, this is a rare opportunity to secure a quality waterfront property with immediate lifestyle appeal and consistent holiday income. Contact the team at King and Heath Paynesville to arrange your inspection.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 110 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Paynesville
This 3-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 35% above the $505,000 median of 66 comparable houseswithin 5 km.
Schools near Paynesville
- Paynesville Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Raymond Island Ferry (ferry) — 436 m away
- Clasiqe Computer Solutions — 630 m away
- Gilsenan Reserve — 418 m away
- Unnamed — 1.3 km away
Paynesville at a glance
Full suburb profile- Population
- 3,636
- Median age
- 62
- Household income
- $987/wk
- Median rent
- $310/wk
- Median mortgage
- $1,225/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Paynesville price trend
Median sold · House 3 bed
Compound growth +0.0% / yr over 4 yrs
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