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21/19 Mitchell Street, Paynesville, Vic 3880 For Sale
21/19 Mitchell Street, Paynesville, Vic 3880 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image 21/19 Mitchell Street, Paynesville, Vic 3880-Image

21/19 Mitchell Street, Paynesville, Vic 3880

$650,000

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings
109 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 21/19 Mitchell Street, Paynesville, Vic 3880)

$650,000

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

A beautifully maintained, fully furnished waterfront unit in Paynesville offering exceptional lifestyle and income opportunities with direct water access and shared amenities.

🏡 Property Highlights

  • Prime waterfront location with direct water access and private jetty
  • Established holiday rental property with strong income potential
  • Recently refreshed interior with a relaxed, comfortable feel
  • Flexible accommodation with 3 bedrooms, suitable for families or groups
  • Shared swimming pool within the complex for leisure
  • Fully furnished, walk-in, walk-out ready for immediate use

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Air Conditioning
  • Ceiling Fans
  • Outdoor Area / Balcony
  • Built-in Robes
  • Ensuite
  • Internal Laundry
  • Fully fenced
  • Pet-Friendly

Paynesville is a charming lakeside town renowned for its relaxed lifestyle, scenic waterways, and vibrant local amenities. It offers excellent boating, fishing, and dining options, making it a popular destination for holidaymakers and residents alike. The community is well-served with cafes, shops, and recreational facilities, all within easy walking distance. Its proximity to the Gippsland Lakes ensures a picturesque setting with abundant outdoor activities. Paynesville combines natural beauty with a welcoming atmosphere, ideal for both leisure and investment pursuits.

Is the property suitable for personal use or primarily for rental income?
The property is fully furnished and ready for immediate rental, but it also allows for personal use for up to 21 days per year, making it versatile for both lifestyle and income.
What amenities are available within the complex?
Residents and guests can enjoy a shared swimming pool, waterfront access, and a private jetty for boating, fishing, and kayaking.
How is the property maintained and presented?
The property has been recently refreshed, well looked after, and is sold fully furnished, ensuring a move-in ready condition.
What is the rental history and income potential?
The property has an established rental history, offering strong income potential as a holiday rental in the Gippsland Lakes area.
Are there any restrictions on personal use or rental periods?
Personal use is permitted for up to 21 days per year, with the remainder available for rental, subject to any complex regulations.
Are there any additional strata or body corporate fees associated with the complex? Is there any history of flooding or bushfire risk in the area? Are there any upcoming development or planning activities nearby that could affect the property? What are the specific zoning and easement details for the property? Are there any restrictions on boat mooring or water access rights? Has the property been inspected for structural issues or water damage? Are there any ongoing maintenance or repair costs for shared amenities? Is the property compliant with all local council and waterway regulations? Are there any noise or neighbour-related concerns in the complex? What are the terms of the rental agreement and any restrictions on short-term holiday letting?

21/19 Mitchell Street, Paynesville, Vic 3880 - More Details

$650,000

Set right on the water, 21 Captains Cove is an established holiday property offering a great combination of income potential and personal enjoyment.
The home has been well looked after and recently refreshed, with a comfortable, relaxed feel throughout. The kitchen sits alongside the open-plan living and dining area, with plenty of natural light and direct access to the waterfront deck.

The three bedrooms are set up for flexible accommodation, with one king bed and four single beds, making the property well suited to families, couples or groups. Two bathrooms, one upstairs and one downstairs, add convenience and accessibility for guests sharing the property. Three reverse-cycle air conditioners, along with ceiling fans in each bedroom, provide year-round comfort.

Step outside and the waterfront really comes into its own. The deck overlooks the canal and is an ideal spot to sit back and enjoy the outlook. With your own private jetty and direct water access, there is plenty of opportunity for boating, fishing and kayaking. An additional pole near the jetty provides four-point mooring when required for larger boats.

Paynesville is just a short walk away, with cafés, restaurants, shops and local facilities all within easy reach. Guests can also enjoy the shared swimming pool within the complex, adding another great option for relaxing and making the most of their stay. From here, the Gippsland Lakes are yours to explore, whether you're heading out on the water or simply enjoying the relaxed lakeside lifestyle.

Being sold fully furnished on a walk-in, walk-out basis, the property is ready to continue as a holiday rental from day one. With an established rental history, the option to use the property personally for up to 21 days per year, and the added benefit of direct waterfront access, 21 Captains Cove is a property that offers both lifestyle and income.
Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2
Area
109 m²

Price guide

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Map & nearby places — 21/19 Mitchell Street, Paynesville, Vic 3880

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