40 Ashley Street, Paynesville, Vic 3880

$485,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Last updated on Tuesday, June 16, 2026 ( See property details for 40 Ashley Street, Paynesville, Vic 3880)

$485,000

Lorraine Edlington Officer In Effective Control | Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained brick veneer home with cathedral ceilings, outdoor entertaining space, and a large shed, offering a perfect blend of comfort and practicality in Paynesville.

🏡 Property Highlights

  • Open plan living area with soaring cathedral ceilings
  • Well-appointed kitchen with electric stove and generous bench space
  • Three bedrooms all with built-in robes
  • Extra-wide verandah for outdoor entertaining
  • Impressive 9m x 6m Colorbond shed for storage or workshop
  • Currently leased at $485 per week until 2027, offering secure income

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Shed
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Ceiling Fans
  • Heating

Paynesville is a picturesque lakeside town renowned for its relaxed lifestyle, scenic waterways, and vibrant community. It offers excellent recreational facilities, proximity to nature reserves, and a range of local amenities. The area is ideal for families, retirees, and investors seeking a peaceful yet connected environment. With easy access to schools, parks, and the Bowls Club, Paynesville provides a perfect balance of leisure and convenience.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with modern features such as cathedral ceilings and split system heating and cooling, with no recent renovations reported.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, water rates, and maintenance of the property and shed. The current lease provides a steady rental income.
Is the property suitable for families or retirees?
Yes, the property’s spacious layout, outdoor verandah, and proximity to local amenities make it ideal for both families and retirees.
Are there any restrictions or covenants on the property?
There are no known restrictions or covenants; however, it is advisable to verify with local council for any specific zoning or planning regulations.
What is the potential for future capital growth in Paynesville?
Paynesville’s scenic location and community amenities support strong potential for capital growth, especially with ongoing demand for lifestyle properties.
Are there any upcoming council or infrastructure projects in Paynesville that could affect the property value or living environment? Has the property been inspected for any structural issues or pest infestations? Are there any easements, zoning restrictions, or planning overlays affecting the property? What are the details of the current lease, and are there any restrictions on owner occupation? Is the shed compliant with local building codes and does it require any maintenance or upgrades?

40 Ashley Street, Paynesville, Vic 3880 - More Details

$485,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

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