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110 Mandurang South Road, Mandurang South$590,000
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For Salehouse

110 Mandurang South Road

Mandurang South, VIC 3551, Australia
$590,000
3 bed 1 bath 1 car4.25 ha

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About this property

If you are one of those people with vision, who is always looking for a diamond in the rough for your next project, then you will know what a treasure this property is. This is one for the type of person who has the ability to see behind the curtain, and recognise true potential, rather than simply taking things at face value. This property consists of two parcels that total 10.5 acres, separated by a road, but on one title. It has beautiful private setting and is in a wonderful neighbourhood surrounded by the luxurious homes that you would expect in such a highly regarded location for lifestyle properties. It is zoned Low Density Residential which means it has the potential to be subdivided into two 5 acre allotments, subject to Council approval. The parcel fronting Mandurang South Road, which is a sealed road, has a very old home. It would be suitable for a demolition to make way for a dream home in this amazing location. Also on this parcel is an old shed and a small interesting building that was most probably the wash house. This parcel stretches all the way back to Coghills Road which is a good all weather Road. Having two road frontages provides you with many more options if you have a creative mind. The parcel on the other side of Coghills Road, is covered in large part by a dam, and would ideally be combined with one of the lots to satisfy land size, if you were to subdivide to develop the property, either now or as a future venture. No matter which way you look at it, if you are willing to roll up your sleeves, take the time to put in some thought, and do the hard work, you can convert your sweat into money, and reap the rewards.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
4.25 ha
Listed
3 months ago

Repayment calculator

$2,860/month
$1,430 /fortnight
Loan $472,000 at 6.10% over 30 years

Upfront costs

Deposit$118,000
Stamp duty$30,470
Conveyancing (est.)$2,000
Total upfront$150,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mandurang South

This 3-bedroom house in Mandurang South, VIC 3551 sits within reach of local amenities. It is listed 32% below the $870,000 median of 18 comparable houseswithin 5 km.

Mandurang South at a glance

Full suburb profile
Population
280
Median age
44
Household income
$2,363/wk
Median rent
$320/wk
Median mortgage
$1,941/mo

Source: ABS Census.

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