51 Slip Road, Paynesville$410,000
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For Salehouse

51 Slip Road

Paynesville, VIC 3880, Australia
$410,000
2 bed 1 bath 1 car896 m²

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About this property

Situated in the heart of Paynesville, this unique property presents an exceptional opportunity for investors, business owners, and developers alike. Ideally located close to both the waterfront and town centre, it offers outstanding potential with its Industrial 3 zoning and future development possibilities (STCA). The existing residence is full of character and comprises two bedrooms, plus a versatile third room that could easily serve as an additional bedroom, a central bathroom, a kitchen and dining area, and a separate lounge. Positioned toward the front of the allotment, the home provides excellent access to the spacious rear yard. Whether you're seeking a property to operate a business from, invest in, or enjoy as a home while exploring future industrial development opportunities (STCA), this versatile offering is well worth your consideration. Set on approximately 896sqm of land and zoned Industrial 3, the possibilities are plentiful. For further information or to arrange an inspection, contact the King & Heath team today.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
896 m²
Listed
1 month ago

Repayment calculator

$1,988/month
$994 /fortnight
Loan $328,000 at 6.10% over 30 years

Upfront costs

Deposit$82,000
Stamp duty$19,670
Conveyancing (est.)$2,000
Total upfront$103,670
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 2-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $585,000 median of 69 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Raymond Island Ferry (ferry)638 m away
  • Ride The Koalas881 m away
  • Gilsenan Reserve676 m away
  • Unnamed1.3 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 2 bed

Compound growth +4.5% / yr over 4 yrs

$443kcurrent median

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