162 Newlands Drive, Paynesville, Vic 3880

$670,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
935 m²
Area

Published on Friday, September 04, 2026 ( See property details for 162 Newlands Drive, Paynesville, Vic 3880)

$670,000

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

A versatile four-bedroom family home with superb entertaining spaces, a large yard, and investment potential in Paynesville's sought-after location.

🏡 Property Highlights

  • Spacious four-bedroom layout with two bathrooms and a study area
  • Open-plan kitchen and living area with cosy wood heater
  • Private front courtyard and expansive undercover alfresco with pizza oven
  • Generous 935sqm block with side access and large yard
  • Includes a shed for additional storage and versatility
  • Established short-stay accommodation operation with income potential

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Shed
  • Outdoor Area / Balcony
  • Fully fenced
  • Water tank
  • European Laundry
  • Pet-Friendly
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162 Newlands Drive
Paynesville, VIC 3880
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Vertical aerial view — 162 Newlands Drive
162 Newlands Drive — Vertical Aerial  •  Paynesville, VIC 3880  •  Nearmap © 2026

Paynesville is a picturesque lakeside town renowned for its relaxed lifestyle, stunning waterways, and vibrant community. It offers excellent recreational activities, a range of local amenities, and easy access to nature. The area is ideal for families, holidaymakers, and investors seeking a peaceful yet connected environment. With its charming cafes, boating, and outdoor pursuits, Paynesville provides a perfect balance of leisure and convenience.

What are the key features of this property?
This property offers four bedrooms, two bathrooms, an open-plan kitchen and living area, a private courtyard, an expansive undercover alfresco with pizza oven, a shed, and side access on a large 935sqm block.
Is the property suitable for entertaining guests?
Yes, the property features a spacious undercover alfresco area with a pizza oven, ideal for outdoor dining and gatherings year-round.
Can the property generate rental income?
Yes, the property has been successfully operated as short-stay accommodation, providing an established income stream managed by Gippsland Lakes Escapes.
What are the main living areas like?
The home features a large open-plan kitchen and living area with a cosy wood heater, creating a warm and inviting space for family and friends.
Does the property have outdoor space for children or pets?
Yes, the property has a fully fenced yard with ample space for children and pets to enjoy safely.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for any structural issues or pests? Are there any planned developments or construction projects nearby that could impact the property? What are the ongoing costs associated with maintaining the property, including council rates and utilities? Is the property compliant with all local building codes and regulations, especially for the short-stay operation? Are there any flood or bushfire risks in the area? What are the terms of the current short-stay management agreement? Is the water tank and other utilities in good working order? Are there any restrictions on future modifications or extensions to the property? What are the details regarding the property's title and any existing encumbrances?

162 Newlands Drive, Paynesville, Vic 3880 - More Details

$670,000

Come and discover this four-bedroom property, offering generous living spaces, excellent entertaining areas in a fantastic location.
At the heart of the home is a spacious open-plan kitchen and living area, creating a warm and inviting space for everyday family living. The kitchen flows seamlessly into the generous loungeroom, while the wood heater adds a cosy touch and makes this a welcoming space to relax throughout the cooler months.
Down the hallway, you'll find four bedrooms, two bathrooms and a study area, providing plenty of room for family and guests. The main bedroom is complete with its own ensuite, adding privacy and convenience, while the versatile European laundry, incorporated into the kitchen, makes excellent use of the available space.
If entertaining is high on your list, this property is sure to impress. Step outside to a private front courtyard, which leads through to an expansive undercover alfresco area - the perfect setting for long lunches, family gatherings or relaxed evenings with friends. Complete with a pizza oven, this is an outdoor space designed to be enjoyed year-round.
Set on approximately 935sqm, the property offers plenty of room to move. Side access provides a convenient connection from the double carport through to the open yard, where you'll also find a shed, offering valuable storage and additional versatility.
For investors, there is an added opportunity. The property has been successfully operated as short-stay accommodation and is locally managed by Gippsland Lakes Escapes, providing an established income-generating option for those looking to add to their investment portfolio.
Whether you're searching for a family home, a holiday retreat or an investment opportunity, this is a property you'll definitely want to see.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
935 m²
Study
1
House Size
185 m²

Price guide

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