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For Sale

6 Bank Place,
Mansfield 3722, Victoria

1,103m² land size
310m² building size
Retail

$900,000 - $990,000

Property Price Statement

Property details

Prime Mansfield Freehold - Income Today, Development Potential Tomorrow

Positioned on a generous 1,103m² allotment and discreetly tucked just off Mansfield's main street, this commercial freehold presents a rare opportunity to secure a tightly held asset in a high growth regional centre. With dual access via Bank Place and Erroll Street, plus convenient nearby parking, the site offers both immediate functionality and strong future flexibility.

Currently improved by a substantial shed leased to the well established Mansfield Laundromat until 2028, the property delivers a secure, reliable income stream from a long term tenant who is keen to continue operating from this location. This makes the holding ideal for investors seeking a stable return with minimal management.

Importantly, the sizeable landholding and central position create compelling future development potential (STCA), allowing astute buyers to land bank in a prime town centre setting while benefiting from ongoing income. A strategic acquisition in the heart of one of Victoria's most sought-after lifestyle and tourism markets.

Key Features:
• Prime 1,103m² commercial freehold in a tightly held central location
• Existing warehouse floor area of approximately 310m²
• Dual access via Bank Place and Erroll Street
• Commercial Zone 1 - encouraging growth and activity within the town's core commercial precinct
• Securely leased to Mansfield Laundromat until 2028 at $36,060 per annum plus outgoings
• Due to lease in place, property is being sold as going concern so GST incl. in sale price
• Low maintenance, long term tenant keen to remain
• Excellent land banking opportunity with future development potential (STCA)
• Close to main street amenities with convenient nearby parking
• An ideal investment combining strong holding income with long term upside in a growing regional centre

*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.

Inspections

Explore the area

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School catchments

  • Mansfield Primary School Primary Prep-6 Government 0.43km
  • St Mary's School Primary Prep-6 Catholic 0.54km
  • Mansfield Rudolf Steiner School Combined Prep-12 Independent 0.94km
  • Merrijig Primary School Primary Prep-6 Government 15.9km
  • Geelong Grammar School - Timbertop Campus Combined Independent 20.9km

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.

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

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