108 Main Rd, Paynesville is a 6 bedroom, 3 bathroom Unit with 4 parking spaces. The property has a land size of 345m2.
Being offered for sale as a complex of 3 units, these 2 bedroom 1 bathroom units are in a great location on Main Road and are securely tenanted to long term tenants, making them a great investment opportunity.
The rear unit has covered car parking for 2 and two living areas, while the other 2 units each have single car garages. Currently returning $31,200pa the owner would like to move on to other developments and will consider all offers.
Property Code: 905
The size of Paynesville is approximately 7.0 square kilometres. It has 8 parks covering nearly 3.7% of total area. The population of Paynesville in 2016 was 3480 people. By 2021 the population was 3636 showing a population growth of 4.5% in the area during that time. The predominant age group in Paynesville is 70-79 years. Households in Paynesville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paynesville work in a professional occupation.In 2021, 76.30% of the homes in Paynesville were owner-occupied compared with 71.50% in 2016.
Paynesville has 3,337 properties. Over the last 5 years, Houses in Paynesville have seen a 35.81% increase in median value, while Units have seen a 47.32% increase. As at 31 October 2025:
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