Under Offer 31/01/2024
$455,000 - $495,000
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5/5 The Parade, Mansfield VIC 3722

House
111
Block size: 300 m² approx.

'Lavender Cottage' - Perfect Starter Home with Investment Potential!

Calling all first-time homebuyers! This property offers a unique opportunity to step into homeownership effortlessly. With plans in place for a seamless 2-bedroom extension, this residence promises exceptional Airbnb returns with minimal effort. Nestled within walking distance to vibrant Mansfield town, this home is the epitome of convenience and comfort, making it an ideal choice for discerning investors or savvy homeowners.

The property's low-maintenance charm is enhanced by tranquil gardens, creating a peaceful oasis in this coveted neighborhood. The cozy living spaces are designed to evoke warmth and intimacy, offering an ideal retreat for relaxation. With 300 sqm of space to call your own, there's ample room for personalization and enjoyment. Extending the property is made simple-just submit to council. All engineering, plans, and LCA are secured, leaving you hassle-free to engage a builder and obtain your building permit.

Experience year-round comfort with split-system heating and cooling, ensuring every season is enjoyed to the fullest, complemented by floor heating for ultimate coziness. The well-appointed kitchen, featuring a European-style laundry, seamlessly flows into the open-plan living room, creating a harmonious space for entertaining and socializing.

This property is primed for a charming bed and breakfast setup, catering to the growing demand for intimate getaways. Additionally, it offers a promising addition to your investment portfolio, ensuring both short-term gains and long-term value appreciation.

Key Features We Love:
- Convenient proximity to town and local amenities
- Beautiful, well-maintained gardens
- Serene and tranquil surroundings
- Equipped with split-system heating and cooling for year-round comfort
- Floor heating and Nobo heaters for added warmth
- Modern kitchen with an integrated European-style laundry
- Spacious open-plan living area
- Architectural blueprints available for various 2-bedroom, 2-bathroom extension designs

Don't let this lucrative investment opportunity slip away! Contact us today to discover more about the plans for the 2-bedroom extension and secure your place in the thriving hospitality industry!

**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

Inspections

No open inspections scheduled.

Send an enquiry

Contact Toni Maynes to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
House
Block Size:
300 *

Other Details

Lot:
5
Plan:
PS522999
Legal description:
5\PS522999
Team Canavan Ray White Mansfield

Maps and area information

Block information
Block size: 300 (approx)
Legal description: 5\PS522999
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Mansfield's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Mansfield suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
5,541
Listing ID: 182034318. This listing has been viewed 26 times. It was first displayed on 26/10/2023 and last updated on 31/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.