18 Mandurang South RoadMandurang South VIC 3551
Property Details for 18 Mandurang South Rd, Mandurang South
Last Listing description (February 2024)
Here's a unique opportunity, in a prominent position among the prestige properties of the Mandurang valley. Much investment has taken place in this area in recent years, and now it's time to shine a light on and take a fresh look at this well-known corner block.
The property is just under half an acre, at 1841m2. As the former Mandurang Motors mechanics workshop, it has potential for a similar use as an automotive business, under existing usage rights.
The 18 x 9.4m workshop is a lofty steel structure featuring huge sliding doors and a 3.6m roof height for oversized vehicles. Inside, there's also a toilet, an airconditioned office/reception room, a storage room and a mezzanine space.
How will you envisage this space? Looking for a business base? A hobby place? Or just a foot in the door of this premier central Victorian pocket.
Zoned Low Density Residential. (*please refer to planning at the City of Greater Bendigo for further information regarding the zoning).
Located less than 15 minutes from the heart of Bendigo, it's conveniently positioned along one of the region's prettiest country drives.
Property History for 18 Mandurang South Rd, Mandurang South, VIC 3551
- 16 Dec 2023Sold for $255,000
- 18 Oct 2022Listed for Sale NEW PRICE $395,000 - $430,000
- 17 Jan 2013Sold for $150,000
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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 29.61% increase in median value, while Units have seen a 122.21% increase. As at 31 October 2024:
- The median value for Houses in Mandurang South is $776,621 while the median value for Units is $663,538.
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