This property is a rare gem located in Paynesville. With its proximity to the water and town, plus industrial and residential potential, this property is an opportunity for those savvy buyers seeking a great investment. Currently, there is a character home with two bedrooms and a third room that could be used for a third bedroom, one bathroom, a kitchen/dining room, and a separate lounge. The home is positioned on the block to give plenty of access to the backyard. Whether you're looking for a place to run a business or simply seeking a home with the added benefit of industrial development (STCA), this property is a perfect choice. Land size 896 sqm and zoned industrial 3. If you would like more information, please call the King & Heath team to discuss