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15-17 Ultimo Street, Mansfield$1.57m
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15-17 Ultimo Street

Mansfield, VIC 3722, Australia
$1.50m – $1.65m
4 bed 2 bath 2 car4449 m²

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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

Repayment calculator

$7,636/month
$3,818 /fortnight
Loan $1,260,000 at 6.10% over 30 years

Upfront costs

Deposit$315,000
Stamp duty$86,625
Conveyancing (est.)$2,000
Total upfront$403,625
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 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 Hire519 m away
  • Cummins Reserve160 m away
  • Lords Reserve223 m away
  • Mansfield Recreation Reserve338 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

$904kcurrent median

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Price history

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1 price change recorded for this property

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