5 Mcdonald Street, Mansfield, Vic 3722

$700,000 - $770,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
1,021 m²
Area

Published on Wednesday, June 03, 2026 ( See property details for 5 Mcdonald Street, Mansfield, Vic 3722)

$700,000 - $770,000

Jenny Gould Director - Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and liveable 2-bedroom house on a spacious 1,021 m² block in a peaceful, highly convenient Mansfield location with redevelopment potential.

🏡 Property Highlights

  • Prime location in a quiet cul-de-sac close to High Street and Botanic Park
  • Generous 1,021 m² block with potential for redevelopment or dual occupancy
  • Opportunity to build 2 or possibly 3 new homes (subject to council approval)
  • Liveable existing house ideal for renovation or future plans
  • Peaceful and convenient setting with minimal need for a car
  • Potential for creating a family home in a desirable neighbourhood

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Mansfield offers a peaceful community atmosphere with easy access to High Street and Botanic Park. The area is ideal for families and investors alike, featuring a mix of established homes and redevelopment opportunities. Its quiet streets and proximity to nature make it a highly desirable place to live. The neighbourhood benefits from excellent local amenities, schools, and outdoor recreational spaces, all within a short stroll from your new home.

What are the redevelopment possibilities for this property?
With over 1,000 m² on two titles, there is potential to build two or possibly three new homes, subject to council approval, making it an excellent opportunity for investors or developers.
Is the existing house suitable for renovation?
Yes, the current house is liveable and provides a solid foundation for renovation or extension to suit your needs.
What amenities are nearby?
The property is within walking distance to High Street shops, cafes, and Botanic Park, offering convenient access to shopping, dining, and outdoor recreation.
Are there any restrictions or approvals needed for redevelopment?
Yes, any redevelopment plans would require approval from the local council, and it’s advisable to consult with planning authorities for specific regulations.
What is the condition of the property?
The property is in a liveable condition, suitable for immediate occupation or renovation, with potential to enhance its value.
Are there any existing planning restrictions or zoning overlays that could affect redevelopment plans? Have any structural issues or defects been identified in the current house? Are there any easements, covenants, or other legal restrictions on the property? What are the potential costs associated with renovation or redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any upcoming council or community developments that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any nearby construction activities or planned developments that could affect the property? What are the ongoing council rates and property taxes? Is the property compliant with all local building codes and regulations?

5 Mcdonald Street, Mansfield, Vic 3722 - More Details

$700,000 - $770,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
1,021 m²

Price guide

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