Discover an exceptional opportunity to secure your very own slice of waterfront paradise on the coveted Fort King Island. Boasting uninterrupted views across the tranquil canals toward the shimmering waters of Eagle Bay, this unique property offers the perfect foundation to create the coastal retreat you've always imagined.
More than just a vacant block, this property comes complete with a well-appointed boat shed and an impressive two-sided jetty berth with direct access to the Paynesville canals. Ideal for boating enthusiasts, you'll love the convenience of stepping straight from your backyard onto the water for weekends cruising, afternoons fishing, or sunset sails.
The boat shed has been thoughtfully designed to elevate your leisure time, featuring marine carpet, power, water, a corner bar, fold-down bench, and ample storage - providing the perfect space to unwind, entertain, or simply savour the serenity of waterfront living. The upper deck offers an additional spot to relax and soak up the afternoon sun while taking in the picturesque surrounds.
With amazing parkland also at your doorstep, local boat ramp and fantastic swimming spots, it can't get better than this!
Located just a 5-minute drive from Paynesville's town centre with its cafs, local schools, and shops, and only 15 minutes from Bairnsdale, convenience meets coastal tranquillity here.
Whether you're looking to build your dream home, secure a premium boating base, or invest in rare waterfront land, this property delivers exceptional potential and a lifestyle of pure enjoyment.
View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist
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 3,374 properties. Over the last 5 years, Houses in Paynesville have seen a 15.22% increase in median value, while Units have seen a 17.36% increase. As at 31 August 2026:
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