151 Monkey Gully RoadMansfield VIC 3722
Property Details for 151 Monkey Gully Rd, Mansfield
Last Listing description (November 2022)
This property is a highly attractive opportunity ideal for developers and investors. This prime industrial zoned land is just 2kms from the centre of town and currently generating an income of approximately $33,000 pa from 3 cottages. Longer term, demolish the cottages and clear the site to enable you to build an industrial complex to suit your own needs (STCA).
- Rare 1.58 hectare industrial zoned land close to town
- Approximately 194 metres of Monkey Gully Road frontage
- The current rental return is approximately $33,000 pa
Contact Canavan Ray White to discuss this offering in more detail. As the cottages are tenanted we ask that you do not walk on the property without an agent.
**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 History for 151 Monkey Gully Rd, Mansfield, VIC 3722
- 20 Feb 2024Sold for $975,000
- 26 Jul 2022Listed for Sale $900,000 - $990,000
- 31 Mar 2021Sold for $1,655,000
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0About Mansfield 3722
The size of Mansfield is approximately 269.8 square kilometres. It has 7 parks covering nearly 0.4% of total area. The population of Mansfield in 2011 was 4,359 people. By 2016 the population was 4,799 showing a population growth of 10.1% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation. In 2011, 69.6% of the homes in Mansfield were owner-occupied compared with 69.6% in 2016.
Mansfield has 4,169 properties. Over the last 5 years, Houses in Mansfield have seen a 76.68% increase in median value, while Units have seen a 58.04% increase. As at 31 October 2024:
- The median value for Houses in Mansfield is $812,332 while the median value for Units is $520,040.
- Houses have a median rent of $550 while Units have a median rent of $455.
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