Sold

5/5 The Parade,
Mansfield 3722, Victoria

1 bedroom
1 bathroom
1 car space
300m² land size
Other

$460,000


Property details

'Lavender Cottage' - Perfect Starter Home with Investment Potential!

Calling all first-time homebuyers! This property offers a unique opportunity to step into homeownership effortlessly. With plans in place for a seamless 2-bedroom extension, this residence promises exceptional Airbnb returns with minimal effort. Nestled within walking distance to vibrant Mansfield town, this home is the epitome of convenience and comfort, making it an ideal choice for discerning investors or savvy homeowners.

The property's low-maintenance charm is enhanced by tranquil gardens, creating a peaceful oasis in this coveted neighborhood. The cozy living spaces are designed to evoke warmth and intimacy, offering an ideal retreat for relaxation. With 300 sqm of space to call your own, there's ample room for personalization and enjoyment. Extending the property is made simple-just submit to council. All engineering, plans, and LCA are secured, leaving you hassle-free to engage a builder and obtain your building permit.

Experience year-round comfort with split-system heating and cooling, ensuring every season is enjoyed to the fullest, complemented by floor heating for ultimate coziness. The well-appointed kitchen, featuring a European-style laundry, seamlessly flows into the open-plan living room, creating a harmonious space for entertaining and socializing.

This property is primed for a charming bed and breakfast setup, catering to the growing demand for intimate getaways. Additionally, it offers a promising addition to your investment portfolio, ensuring both short-term gains and long-term value appreciation.

Key Features We Love:
- Convenient proximity to town and local amenities
- Beautiful, well-maintained gardens
- Serene and tranquil surroundings
- Equipped with split-system heating and cooling for year-round comfort
- Floor heating and Nobo heaters for added warmth
- Modern kitchen with an integrated European-style laundry
- Spacious open-plan living area
- Architectural blueprints available for various 2-bedroom, 2-bathroom extension designs

Don't let this lucrative investment opportunity slip away! Contact us today to discover more about the plans for the 2-bedroom extension and secure your place in the thriving hospitality industry!

**Disclaimer**
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • St Mary's School Primary Prep-6 Catholic 0.47km
  • Mansfield Primary School Primary Prep-6 Government 0.76km
  • Mansfield Rudolf Steiner School Combined Prep-12 Independent 0.77km
  • Merrijig Primary School Primary Prep-6 Government 15.4km
  • Geelong Grammar School - Timbertop Campus Combined Independent 20.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top