3 Esplanade, Paynesville, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

3 Esplanade
Paynesville VIC 3880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 862m2
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Property Details for 3 Esplanade, Paynesville

Building Type
Commercial
Land Size
862m2
Local Government
East Gippsland
Lot/Plan
2/LP120789

Last Listing description (May 2019)

Not very often the opportunity arises to purchase yourself a bubbling business such as 'Lakes Pizza' located in Lakes Entrance. The hard yards have been done for you, you are purchasing a successful well established business with established clientele. It it now time for a fresh owner.
Would suit an operator with great vision.
The business is in a good location with the ability to add value, make it what you will.

> Offering a wide range of foods priding themselves in freshness and quality
> Home deliveries
> Inside & Outside dining, licensed BYO
Enquire today

Property History for 3 Esplanade, Paynesville, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$185,000
21 Oct 1991
  • 20 Dec 2016
    Listed for Sale Awaiting Price Guide
  • 21 Oct 1991
    Sold for $185,000
  • 21 Oct 1991
    Sold for $185,000
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About Paynesville 3880

The size of Paynesville is approximately 7.0 square kilometres. There are 8 parks, covering nearly 3.7% of the 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 3,328 properties. Over the last 5 years, Houses in Paynesville have seen a 24.80% increase in median value, while Units have seen a 28.37% increase. As at 30 April 2026:

  • The median value for Houses in Paynesville is $589,506 while the median value for Units is $396,453.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 86 properties listed for sale, and 9 properties listed for rent in Paynesville on OnTheHouse. According to Cotality's data, 179 properties were sold in the past 12 months in Paynesville.

Suburb Insights for Paynesville 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.