10/2-8 Victoria Street, Paynesville, Vic 3880

$132,000

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Friday, October 09, 2026 ( See property details for 10/2-8 Victoria Street, Paynesville, Vic 3880)

$132,000

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A fully furnished waterfront motel room in Paynesville's premier boating destination, offering stunning water views and income potential.

🏡 Property Highlights

  • Waterfront location with lovely water views
  • Fully furnished motel room in a popular lakeside destination
  • Half-share jetty berth included, ideal for boating enthusiasts
  • Short stroll to shops, cafes, and local amenities
  • Covered alfresco area and grassed BBQ space for outdoor relaxation
  • Secure investment with fixed monthly income from management leasing

✨ Key Features

  • Waterfront / Views
  • Outdoor Area / Balcony
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Outdoor Area / Balcony
  • Fully fenced
  • BBQ area
  • Water tank
  • Pet-Friendly

Paynesville is renowned for its stunning lakeside scenery, vibrant boating community, and relaxed lifestyle. The suburb offers easy access to local shops, cafes, and restaurants, making it an ideal destination for water enthusiasts and those seeking a peaceful yet vibrant environment. Its proximity to the water and outdoor recreational activities makes it a highly desirable location for both lifestyle and investment. The area boasts excellent amenities, scenic views, and a strong sense of community, perfect for those looking to enjoy the best of Victoria's lakeside living.

Is this property suitable for short-term or long-term stays?
This property is fully furnished and managed as a motel room, making it suitable for both short-term and long-term stays, with the added benefit of income generation through management leasing.
What are the water view and outdoor space features?
The property offers lovely water views from the room, along with a covered alfresco area and a grassed BBQ space, perfect for outdoor relaxation and entertaining.
Does the property include any boating amenities?
Yes, the property includes a half-share jetty berth, providing convenient access for boating enthusiasts.
What is the income potential of this property?
The property is leased by management from the vendor with a fixed monthly income, offering a reliable income stream for investors.
Is the property suitable for pet owners?
Yes, the property is pet-friendly, allowing residents to enjoy outdoor activities with their pets.
Are there any additional management or maintenance fees associated with the property? What are the zoning and planning restrictions for the property and jetty berth? Are there any upcoming developments or construction projects in the area that could affect the property? Is there any history of flooding or bushfire risk in the vicinity? What are the terms of the lease agreement with the management, and are there any restrictions on use or occupancy?

10/2-8 Victoria Street, Paynesville, Vic 3880 - More Details

$132,000

Secure your place in one of Victoria's premier boating and lakeside destinations with this fully furnished waterfront motel room at the popular Mariners Cove Apartments. Ideally positioned right in the heart of Paynesville, you're just a short stroll from shops, cafes, restaurants and local amenities. Enjoy lovely water views from the room, with a covered alfresco area and a beautifully grassed BBQ space providing the perfect setting to relax and unwind.

Adding further appeal is a half-share jetty berth, a valuable bonus for boating enthusiasts. With the management leasing the room from the vendor and providing a fixed monthly income, this is an attractive opportunity to secure a lifestyle investment with income potential in the heart of Paynesville's boating paradise.
Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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