65A Esplanade Paynesville VIC 3880
Property Details for 65a Esplanade, Paynesville
Last Listing description (June 2024)
Seize this incredible opportunity to own a piece of Paynesville's Esplanade, looking out to Lake King and the iconic Raymond Island. Positioned alongside the essential Paynesville Pharmacy and a popular Bakery and Cafe, this rare opportunity is guaranteed to experience a high amount of foot traffic and exposure for your business!
Property Features:
- 165 sqm floor space
- High foot traffic shop front
- Commercial Zone 1
Close proximity to the Bendigo Bank and award winning Sardine restaurant, the space offers multiple opportunities with an attractive reserve.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Property History for 65a Esplanade, Paynesville, VIC 3880
- 24 May 2024Sold for $505,000
- 05 Apr 2024Listed for Sale Contact Agent
- 31 Mar 2023Listed for Rent $3,180 / month
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0About 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 3,105 properties. Over the last 5 years, Houses in Paynesville have seen a 49.15% increase in median value, while Units have seen a 44.12% increase. As at 31 October 2024:
- The median value for Houses in Paynesville is $560,256 while the median value for Units is $352,705.
- Houses have a median rent of $470 while Units have a median rent of $380.
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