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35 Burden Place

Paynesville, VIC 3880, Australia
$3.70m

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Area Price Guide
$3.48m$3.92m

Indicative price guide range

🏘️
77
Comparable
📊
$645,000
Area median
⚖️
+474%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

35 Burden Place holds a commanding position on Paynesville's northern edge, fronting the magnificent Gippsland Lakes. Set across 2.806 hectares and zoned Mixed Use, this remarkable landholding boasts more than 350 metres of canal frontage and uninterrupted views stretching across Lake King to the distant mountain ranges. Access is conveniently available via Burden Place off Paynesville Road. As the final undeveloped section of the Paynesville's canal development, this site has long been regarded as the jewel in the crown by the original developers. Opportunities of this scale and quality simply no longer exist within the waterfront precinct. Its expansive water frontage, sweeping outlook and direct access to the Gippsland Lakes combine to make 35 Burden Place a standout acquisition for purchasers seeking position, potential and genuine scarcity. A planning application is about to be lodged with East Gippsland Shire Council for an 11-lot subdivision, with each allotment proposed to include its own private jetty. Vacant waterfront land of this calibre has not been offered in Paynesville for many years. For those looking to secure an irreplaceable slice of the Gippsland Lakes, 35 Burden Place represents a rare and significant opportunity.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $17,937/month
    $8,969 /fortnight
    Loan $2,960,000 at 6.10% over 30 years

    Upfront costs

    Deposit$740,000
    Stamp duty$220,500
    Conveyancing (est.)$2,000
    Total upfront$962,500
    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.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    2 months ago

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