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35 Burden Place, Paynesville$3.70m
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35 Burden Place

Paynesville, VIC 3880, Australia
$3.70m
2.81 ha

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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 Details

Property Type
land
Listing Type
For Sale
Land Area
2.81 ha
Listed
3 months ago

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.

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Neighbourhood

Living in Paynesville

This land in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 429% above the $699,000 median of 72 comparable landswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)1.3 km away
  • Hair By Sarah Monroe1.8 km away
  • Unnamed660 m away
  • Gilsenan Reserve1.7 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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