27B Schooner Terrace, Paynesville, Vic 3880

$550,000

Residential Land
Type
570 m²
Area

Published on Thursday, May 28, 2026 ( See property details for 27B Schooner Terrace, Paynesville, Vic 3880)

$550,000

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

Secure this rare, north-east facing waterfront allotment in Paynesville, offering stunning water views and easy access to Gippsland Lakes for your dream home or investment.

🏡 Property Highlights

  • Last vacant waterfront allotment in established Paynesville area
  • North-east facing waterfront frontage for optimal natural light
  • Existing pontoon jetty with power and water connections
  • Close to walking tracks, local shops, and Paynesville foreshore
  • Ready-to-build titled allotment with all services available
  • Potential to purchase neighbouring lot for combined investment

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Balcony
  • Heating
  • Shed
  • Home Office / Study

Paynesville is a charming lakeside town renowned for its relaxed lifestyle, stunning water views, and vibrant community. It offers excellent boating, fishing, and outdoor recreation opportunities, with convenient access to local shops, cafes, and the picturesque foreshore. The area boasts a mix of established homes and vacant land, making it ideal for those seeking a peaceful yet connected lifestyle. Its proximity to Gippsland Lakes ensures a scenic environment perfect for water enthusiasts and nature lovers.

What are the planning and building regulations for this waterfront allotment?
As the lot is already titled and services are available, you will need to consult local council regulations and obtain necessary permits before building. It is advisable to engage with a local builder or planning consultant for detailed guidance.
Is there any flood or bushfire risk associated with this property?
Given its waterfront location, it is recommended to review flood zone maps and bushfire risk assessments provided by local authorities to understand any potential hazards.
Are there any restrictions on the use of the pontoon jetty or water access?
The existing pontoon jetty is connected with power and water; however, any specific restrictions or permits for water access should be confirmed with Gippsland Lakes authorities.
What are the ongoing costs or rates associated with this land?
Ongoing costs include council rates, water and sewer charges, and any applicable land management fees. Exact figures can be obtained from the local council or your property advisor.
Is the neighbouring lot available for purchase, and what are the benefits of buying both?
Yes, the neighbouring lot is also available, offering the opportunity to expand your waterfront estate or investment portfolio for greater privacy and potential development options.
Are there any easements, covenants, or restrictions on the property that could affect building plans? Has a recent survey been conducted, and are there any boundary disputes or encroachments? Are there any planned developments or infrastructure projects nearby that could impact the property’s value or environment? What are the total costs involved in purchasing and developing the land, including council fees and connection charges? Is the property located within a flood zone or subject to any environmental protections that could limit development?

27B Schooner Terrace, Paynesville, Vic 3880 - More Details

$550,000

Type
Residential Land
Area
570 m²

Price guide

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