FOR SALE
$710,000 - $740,000

110 Mandurang South Road
Mandurang South VIC 3551

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 10.5ac
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LATE 1800'S COTTAGE ON 10.5 ACRES WITH 2 LOT SUBDIVISION POTENTIAL (STCA)

If you are one of those people with vision, who is always looking for a diamond in the rough for your next project, then you will know what a treasure this property is. This is one for the type of person who has the ability to see behind the curtain, and recognise true potential, rather than simply taking things at face value.
This property consists of two parcels that total 10.5 acres, separated by a road, but on one title. It has beautiful private setting and is in a wonderful neighbourhood surrounded by the luxurious homes that you would expect in such a highly regarded location for lifestyle properties.
It is zoned Low Density Residential which means it has the potential to be subdivided into two 5 acre allotments, subject to Council approval of course.
The parcel fronting Mandurang South Road, which is a sealed road, has a very old home with some interesting features like a pressed metal ceiling, sash windows and dado boards. It could be made very cute but would definitely need the works, and would be suitable for either a complete renovation / restoration or perhaps for demolition to make way for a dream home in this amazing location.
Also on this parcel is an old shed and a small interesting building that was most probably the wash house. This parcel stretches all the way back to Coghills Road which is a good all weather Road. Having two road frontages provides you with many more options if you have a creative mind.
The parcel on the other side of Coghills Road, is covered in large part by a dam, and would ideally be combined with one of the lots to satisfy land size, if you were to subdivide to develop the property, either now or as a future venture.
No matter which way you look at it, if you are willing to roll up your sleeves, take the time to put in some thought, and do the hard work, you can convert your sweat into money, and reap the rewards.
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Property Details for 110 Mandurang South Rd, Mandurang South

110 Mandurang South Rd, Mandurang South is a 3 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 10.5ac. The place is currently for sale with Elders Real Estate Bendigo.

Building Type
AcreageSemi-rural
Land Size
10.5ac

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About Mandurang South 3551

The size of Mandurang South is approximately 24.6 square kilometres. It has 5 parks covering nearly 122.9% of total area. The population of Mandurang South in 2011 was 314 people. By 2016 the population was 226 showing a population decline of 28.0% in the area during that time. The predominant age group in Mandurang South is 40-49 years. Households in Mandurang South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mandurang South work in a professional occupation. In 2011, 91.8% of the homes in Mandurang South were owner-occupied compared with 90.1% in 2016..

Mandurang South has 171 properties. Over the last 5 years, Houses in Mandurang South have seen a 44.72% increase in median value, while Units have seen a 122.21% increase. As at 30 November 2024:

  • The median value for Houses in Mandurang South is $880,236 while the median value for Units is $307,956.
There are currently 2 properties listed for sale, and no properties listed for rent in Mandurang south on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Mandurang south.

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Wayne Heard
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