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42 Highett Street

Mansfield, VIC 3722, Australia
$695,000
3 bed 2 bath 2 car502m²

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Area Price Guide
$653,300$736,700

Indicative price guide range

🏘️
86
Comparable
📊
$695,000
Area median
⚖️
0%
vs median
📐
$1,384
Per m²
📏
502 m²
Land
🗓️
1 week ago
Listed

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About this property

Set in a prime, high-visibility position in the heart of Mansfield, this versatile property offers an outstanding opportunity to invest, occupy, or establish a home-based business. Directly opposite the Mansfield recreation reserve and minutes away from all cafés, schools, shops, and essential amenities, the location delivers both lifestyle appeal and commercial/investment potential. Previously utilised as a physiotherapy clinic in conjunction with residential living, the home is ideally suited for consulting rooms, office use, or a flexible live/work setup (STCA). Positioned on a 502sqm (approx.) block, the residence features three bedrooms with built-in robes, including a master with WIR and ensuite. The open-plan living, kitchen, and dining area flows seamlessly to a large alfresco deck-perfect for entertaining. Additional highlights include reverse cycle heating and cooling, and a large wood fire heater, low-maintenance gardens, a fully fenced yard, wheelchair access ramp, and a long double carport. If it is for an investment, you'll enjoy immediate rental returns while retaining flexibility for the future. More Features We Love: - Prime central location with strong exposure - Opposite Mansfield recreation reserve - Former physiotherapy clinic + residence - Ideal for consulting rooms, office, or home business (STCA) - 3 bedrooms with BIRs plus a home office - Main bedroom with ensuite and WIR - Bedroom 2 is very spacious with large BIR - Open-plan living opening to alfresco deck - Large Main bathroom with spa bath - Reverse cycle split system & wood fire heater - Fully fenced 502sqm (approx.) block - Double-length carport & garden shed - Wheelchair-friendly access - Walk to all shops, cafés, and schools - Currently leased at $500 pw Whether you're a first home buyer or investor this location is one is not to miss.

Property Features

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    Repayment calculator

    $3,369/month
    $1,685 /fortnight
    Loan $556,000 at 6.10% over 30 years

    Upfront costs

    Deposit$139,000
    Stamp duty$36,770
    Conveyancing (est.)$2,000
    Total upfront$177,770
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Land Area
    502m²
    Listed
    1 week ago

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