15 Griffin Avenue
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About this property
This unique offering presents two compelling opportunities in one! A permit approved 17 lot residential subdivision AND the chance to secure a beautifully built home on substantial land in the heart of Mansfield, offering an enviable lifestyle while future plans are brought to life. Positioned within walking distance of Mansfield's schools, cafés, shops and everyday amenities, the existing residence is solidly constructed and well maintained, set amongst established gardens that create privacy, space and a genuine sense of home. With quality shedding already in place, the property lends itself perfectly to a self sustainable lifestyle, with room for a few farm animals, vegetable gardens and outdoor living - all without sacrificing the convenience of town living. From a development perspective, the planning permit is approved, the Native Vegetation Offset has already been secured, and the project is de-risked from a statutory standpoint. A purchaser can comfortably live on site or lease the home to generate income while final designs, engineering and civil works are progressed. Located in Mansfield, a thriving High Country township renowned for excellent schools, a vibrant and increasingly trendy main street, proximity to Mt Buller's ski fields, Lake Eildon and some of Victoria's best outdoor recreation, this property offers long term lifestyle appeal, future financial security, and strong underlying demand. Key highlights include: • Approved 17 lot residential subdivision • Native vegetation offset already satisfied • Well built existing home with established gardens • Large land holding in a central, walk to town location • Income potential through leasing the existing residence • Premium regional location with strong lifestyle and investment credentials This is a rare chance to secure a substantial holding in the heart of Mansfield that seamlessly blends immediate lifestyle enjoyment, income potential and a future development outcome - a truly versatile property in one of Victoria's most desirable regional towns. **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.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 2.1 ha
- 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 181% above the $689,650 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
- Unnamed (bus) — 342 m away
- Unnamed — 939 m away
- Unnamed — 596 m away
- Unnamed — 639 m away
- Unnamed — 656 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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