FOR SALE
$665,000

25/19 Mitchell Street
Paynesville VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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HOLIDAY HOME WITH INCOME

Welcome to Villa 25 at Captains Cove, where luxury and convenience blend seamlessly in a breathtaking waterfront locale. This low-maintenance property offers more than just a holiday home; it's a valuable opportunity currently operating as a successful holiday rental, providing a steady income stream.
The heart of this residence features an open plan living, dining, and kitchen area bathed in natural light, ideal for both entertaining and relaxation. Step outside to the deck to enjoy views of the scenic Paynesville Canals, perfect for outdoor gatherings.
With three spacious bedrooms and two stylish bathrooms, this villa caters to comfort and functionality. For boating enthusiasts, a jetty berth is right at your doorstep providing easy access to the water for endless adventures. Plus, it's only a short stroll to the delightful town of Paynesville.
Offering a blend of modern amenities, a prime location, and income potential, Villa 25 at Captains Cove is not just a holiday home—it's a lifestyle. Seize the opportunity to make this waterfront gem yours. All furnishings are included, making it a true walk-in, walk-out property. Selling 7 days.
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Property Details for 25/19 Mitchell St, Paynesville

25/19 Mitchell St, Paynesville is a 3 bedroom, 2 bathroom House with 1 parking spaces. The place is currently for sale with King & Heath First National - PAYNESVILLE.

Building Type
House

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About Paynesville 3880

The size of Paynesville is approximately 7 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2011 was 3,236 people. By 2016 the population was 3,476 showing a population growth of 7.4% in the area during that time. The predominant age group in Paynesville is 60-69 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation. In 2011, 72.3% of the homes in Paynesville were owner-occupied compared with 71.5% in 2016.

Paynesville has 3,108 properties. Over the last 5 years, Houses in Paynesville have seen a 52.44% increase in median value, while Units have seen a 49.80% increase. As at 30 November 2024:

  • The median value for Houses in Paynesville is $563,390 while the median value for Units is $368,460.
  • Houses have a median rent of $473 while Units have a median rent of $380.
There are currently 97 properties listed for sale, and 5 properties listed for rent in Paynesville on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Paynesville.

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Todd Leggatt
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King & Heath First National - PAYNESVILLE
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