This rare opportunity is positioned in Gilsenan Street, a much sought-after area of Paynesville. Being only a short walk to the foreshore, shops and restaurants, it's the ideal position for a holiday home or permanent residence. It consists of three bedrooms with one bathroom in the primary residence and a portable, one-bedroom, fully self-contained cabin in the backyard. The current owner has used the property for rental purposes, and the rear cabin is currently tenanted. The rental potential having both dwellings occupied could gross a 6% return with the current rental market. The house has a new modern kitchen and spacious bedrooms. There is also an entertaining area and brick garage for plenty of storage. Contact our office today for more information or to book an inspection.