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2/7 King Street, Paynesville$985,000
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For Saletownhouse

2/7 King Street

Paynesville, VIC 3880, Australia
$985,000
3 bed 3 bath 2 car179 m²

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About this property

Immerse yourself in the elegance of waterfront living with this exceptional townhouse, perfectly positioned along Paynesville's prized canal precinct. A rare blend of sophistication and coastal charm, this residence offers a refined lifestyle just moments from the township's cafés, shops, and foreshore and with your own private jetty berth, the shimmering waters of the Gippsland Lakes are always within reach. Set in the heart of the boating capital of the Gippsland Lakes, this address delivers more than just convenience, it offers connection. Meander along scenic walking trails, indulge in waterfront dining, or ferry across to Raymond Island, where native koalas greet you among the gums, a natural sanctuary just minutes from your door. Every inch of the home has been thoughtfully curated for modern comfort and timeless style. The ground floor reveals a sunlit open-plan living and dining zone, framed by full-height glass capturing ever-changing canal views. At its heart, a gourmet kitchen with sleek stone benchtops, premium appliances, and contemporary cabinetry awaits culinary adventures or effortless entertaining. Upstairs, the master suite is your personal sanctuary, a space of calm and comfort with a generous robe, a luxuriously appointed ensuite, and a private undercover balcony perfect for morning stillness or evening repose. Two further bedrooms share in the home's generous proportions, while a versatile top-floor living area flows seamlessly onto a rooftop terrace, offering panoramic outlooks across the canals and township beyond. Completing the picture of thoughtful design, two additional bathrooms cater to family and guests alike. The double garage features internal access and a versatile loft space, perfect for creative pursuits, or simply keeping life beautifully organised. A separate single garage or workshop enhances practicality with style. Whether you're seeking a tranquil retreat, a permanent base, or an exclusive holiday escape, this residence is an invitation to embrace the very best of Paynesville's waterfront lifestyle, where luxury, location, and liveability meet. View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
2
Land Area
179 m²
Listed
3 months ago

Repayment calculator

$4,775/month
$2,388 /fortnight
Loan $788,000 at 6.10% over 30 years

Upfront costs

Deposit$197,000
Stamp duty$54,175
Conveyancing (est.)$2,000
Total upfront$253,175
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This 3-bedroom townhouse in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 95% above the $505,000 median of 65 comparable townhouseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Raymond Island Ferry (ferry)254 m away
  • Clasiqe Computer Solutions513 m away
  • Gilsenan Reserve275 m away
  • Unnamed1.4 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

$550kcurrent median

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Price history

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1 price change recorded for this property

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