15-17 Ultimo Street
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About this property
Discover an extraordinary opportunity in the heart of Mansfield. Sitting proudly on a vast 4,449m² (approx.) block, this much-loved family home is offered for the first time in decades - presenting exceptional potential for developers, investors or families dreaming of space right in town. Already divided into three separate titles - (with four separate lots, three with frontage to Adams Street), this property provides ultimate flexibility for immediate subdivision, land banking or a thoughtful redevelopment (STCA). The original residence exudes timeless character with hardwood floors, beautiful vintage chandeliers, wide hallways and multiple light-filled living spaces. The spacious country kitchen, traditional lounge and dining room, and four bedrooms offer plenty of room for a growing family or an inspired renovator to reimagine the home while preserving its nostalgic charm. Outside, mature gardens and established trees frame the large grounds. There's also a shed with adjoining storage, plenty of off-street parking and room to expand, add more shedding, or create beautiful outdoor spaces. You'll love the unbeatable location: * Walk to Mansfield's vibrant shops, cafes and schools * Steps to the Recreation Reserve, tennis courts, golf club and swimming pool * All town services connected * Surrounded by quality homes and central amenities Whether you restore this local gem, develop multiple dwellings, or secure this parcel as a strategic long-term investment properties of this scale and flexibility within Mansfield's township are incredibly scarce. Key Features: - Massive 4,449m² block (approx.) in town - 3 separate titles, 3 with Adams Street frontage - All town services available for connection - Original weatherboard home with charming period details - Spacious lounge, dining, country kitchen & 4 bedrooms - Large shed/workshop plus plenty of parking - Short stroll to shops, cafes, schools & recreation facilities - Outstanding potential to renovate, subdivide or redevelop (STCA) Inspect and be inspired - opportunities like this come around once in a generation! Contact the sales team to organise your private inspection.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 4449 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mansfield
This 4-bedroom house in Mansfield, VIC 3722 sits within reach of public transport, local shops and nearby schools. It is listed 126% above the $697,540 median of 78 comparable houseswithin 5 km.
Schools near Mansfield
- Mansfield Autism Statewide Servicescombined · U · CoEd
- Mansfield Rudolf Steiner Schoolcombined · Prep-12 · CoEd
- Mansfield Primary Schoolprimary · Prep-6 · CoEd
- Mansfield Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Mansfield (bus) — 505 m away
- Discount Ski & Snowboard Hire — 519 m away
- Cummins Reserve — 160 m away
- Lords Reserve — 223 m away
- Mansfield Recreation Reserve — 338 m away
Mansfield at a glance
Full suburb profile- Population
- 5,541
- Median age
- 47
- Household income
- $1,356/wk
- Median rent
- $331/wk
- Median mortgage
- $1,603/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mansfield price trend
Median sold · House 4 bed
Compound growth +1.7% / yr over 4 yrs
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Full Mansfield marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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