69 High Street, Mansfield, VIC 3722 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,200,000

69 High Street
Mansfield VIC 3722

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 336m2
Land area: 336m2
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Prime Commercial Freehold in the Heart of Mansfield

An exceptional opportunity to secure a quality commercial freehold in a tightly held, high-traffic position in the heart of Mansfield.
Comprising three well-presented shops with excellent long-term tenants in place, this property generates an annual rental income of $71,124, creating a solid return of 5.93% on your investment, not including annual rent increases.
Located in Mansfield's thriving retail precinct, this property is perfectly positioned for consistent tenant demand and future growth.
There is also potential down the track to build units above (STCA), providing an opportunity to further maximise your income in this premium township location.
More features we love:
- Excellent investment opportunity
- In the heart of Mansfield township
- Further potential for development (STCA)
A rare chance to add a blue-chip Mansfield property to your investment portfolio.
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Property Details for 69 High St, Mansfield

Building Type
Commercial
Floor Size
336m2
Land Size
336m2
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About Mansfield 3722

The size of Mansfield is approximately 269.8 square kilometres. There are 7 parks, covering nearly 0.4% of the total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.

Mansfield has 4,485 properties.

    There are currently 74 properties listed for sale, and no properties listed for rent in Mansfield on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Mansfield.

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