14 Mitchell Street, Paynesville, Vic 3880

$550,000

House
Type
2
Bedrooms
1
Bathrooms
6
Parkings
1,012 m²
Area

Published on Monday, June 15, 2026 ( See property details for 14 Mitchell Street, Paynesville, Vic 3880)

$550,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious waterside property in Paynesville offering versatile living, extensive storage, and development potential on a large 1,012m² block.

🏡 Property Highlights

  • Prime 1,012m² waterside location close to Paynesville foreshore and boat ramp
  • Extensive infrastructure with rear lane access and multiple vehicle storage options
  • Potential for future subdivision (STCA) and development opportunities
  • Spacious property with large shed, double carport, tandem carport, and garden shed
  • Comfortable two-bedroom home with modern amenities and outdoor verandahs
  • Excellent access for boats, caravans, trailers, and additional vehicles

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
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14 Mitchell Street
Paynesville, VIC 3880
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Vertical aerial view — 14 Mitchell Street
14 Mitchell Street — Vertical Aerial  •  Paynesville, VIC 3880  •  Nearmap © 2026

Paynesville is a highly sought-after waterside suburb renowned for its relaxed lifestyle, boating and fishing opportunities, and close-knit community. The area offers excellent access to the foreshore, local amenities, and scenic waterways, making it ideal for water enthusiasts and families alike. With a range of recreational activities and future development prospects, Paynesville continues to attract discerning buyers seeking a peaceful yet vibrant coastal lifestyle.

What are the development possibilities for this property?
Subject to council approval (STCA), the large 1,012m² block offers potential for subdivision, redevelopment, or extension, providing flexibility for future plans.
Is the property suitable for boat owners?
Yes, the property is located just 200m from the Slip Road boat ramp and has extensive vehicle access, making it ideal for boat owners and water enthusiasts.
What amenities are available nearby?
The property is close to Paynesville's foreshore, local shops, cafes, and recreational facilities, providing a convenient coastal lifestyle.
Are there any restrictions or covenants on the land?
Potential buyers should conduct due diligence regarding zoning, easements, and any covenants that may affect development or use of the property.
What is the condition of the existing home?
The two-bedroom home is well-maintained, featuring built-in robes, split system heating and cooling, and outdoor verandahs for relaxed living.
Are there any existing planning restrictions or zoning overlays that could impact future subdivision or development? What are the total costs involved in maintaining the extensive infrastructure and large land area? Are there any known issues with the property's foundation, drainage, or existing structures? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or construction projects nearby that could affect the property's value or enjoyment?

14 Mitchell Street, Paynesville, Vic 3880 - More Details

$550,000

Properties with this much space, access and future potential this close to the water are becoming harder and harder to find, and this 1,012m² (approx) Paynesville property is no exception.

Just 700m from the Paynesville foreshore and only 200m from the Slip Road boat ramp, the location alone makes this an exciting opportunity for boat owners, investors, tradies or buyers searching for room to move.

With rear lane access and extensive infrastructure already in place, the possibilities here are easy to see. Whether you need space for boats, caravans, trailers and extra vehicles, or you're looking for a sizeable block with future subdivision potential (STCA), this is the kind of property that offers flexibility now and upside for the future. A 6.8m x 7.4m shed with adjoining double carport, additional tandem double carport and garden shed provide exceptional storage and vehicle accommodation with excellent access throughout the property.

The existing two-bedroom home provides comfortable accommodation with built-in robes to both bedrooms, a central bathroom, separate toilet, separate lounge with split system heating and cooling, plus an open plan kitchen and dining area with electric cooking. Sliding doors open to a covered rear verandah running the full length of the home, complete with ramp access, while the front verandah also spans the length of the house.

Whether you're looking to invest, landbank, develop (STCA) or simply secure a large block in a tightly held waterside location, this is an opportunity packed with potential.

* All boundaries on photographs are approximate only.
* Virtual furniture used for visual purposes only.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
Type
House
Bedrooms
2
Bathrooms
1
Parkings
6
Area
1,012 m²

Price guide

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