Back 51 Slip Road
Off Market

51 Slip Road

Paynesville VIC 3880

2
1
1
896 m²
House
Last sold for $370,000
Deborah PearsonDeborah Pearson, last sold this property on 10 August 2026 after 66 days on market.

Overview

PRIME PAYNESVILLE OPPORTUNITY - INDUSTRIAL 3 ZONED

Situated in the heart of Paynesville, this unique property presents an exceptional opportunity for investors, business owners, and developers alike. Ideally located close to both the waterfront and town centre, it offers outstanding potential with its Industrial 3 zoning and future development possibilities (STCA). The existing residence is full of character and comprises two bedrooms, plus a versatile third room that could easily serve as an additional bedroom, a central bathroom, a kitchen and dining area, and a separate lounge. Positioned toward the front of the allotment, the home provides excellent access to the spacious rear yard. Whether you're seeking a property to operate a business from, invest in, or enjoy as a home while exploring future industrial development opportunities (STCA), this versatile offering is well worth your consideration. Set on approximately 896sqm of land and zoned Industrial 3, the possibilities are plentiful. For further information or to arrange an inspection, contact the King & Heath team today.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
896 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Paynesville over the last 12 months, the estimated median property value of 51 Slip Road is $390k.

Median value
$390k
Estimated value range
$370k - $550k
Median days on market
29
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Paynesville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 51 Slip Road

2026
Sold
$370,000
10 Aug 2026 by Deborah Pearson, of King & Heath First National Paynesville
2023
Sold
Undisclosed
01 Mar 2023 by Matt Baylis, of King & Heath First National Paynesville

Happy sellers in Paynesville

69%
69% of sellers in Paynesville reported that their sale price either exceeded or met their price expectations.

Paynesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Paynesville over the last 12 months.

Local market activity for 2 bedroom houses in Paynesville

In the last 12 months, 5 two-bedroom houses similar to 51 Slip Road, have been sold.

This represents a 54% increase in two-bedroom houses sales when compared to the previous 12 months.

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