1-9 Ailsa Street

Mansfield VIC 3722

Opportunities of this scale, just a short and easy walk from Mansfields town centre, are increasingly hard to secure.Set on approximately 4,056 sqm (just over 1 acre), this substantial landholding offers space, flexibility and genuine long term potential. With an impressive dual street presence of approximately 95 metres to Ailsa Street and 42 metres to Rowe Street, the site benefits from excellent access and broad exposure, strengthening its overall versatilityWhether you are a strategic investor, developer or buyer who simply values significant land close to town, the scope here is clear. There may be future opportunities to explore with the site, subject to council approval, however the true appeal lies in its size, position and adaptability.At the centre of the property sits a circa 1890 weatherboard cottage, rich in authentic Mansfield character and generous in proportion. Lovely high ceilings and a traditional central hallway create an immediate sense of space, while original Cyprus pine panelling, ceilings and floors speak beautifully to its heritage.The floorplan is both classic and functional, comprising three substantial bedrooms and a separate bungalow positioned outside the main home, ideal for a studio or private workspace. A spacious, light filled living area provides ample room for everyday living, while the well proportioned kitchen and meals area offers true eat in functionality, designed for gathering rather than simply passing through.Recent internal repainting and polished floorboards ensure the home remains comfortable and presentable today, complemented by three split systems positioned throughout the home to provide reliable heating and cooling year round. There is clear opportunity for further refinement over time, making it a residence with warmth, authenticity and solid bones, offering both immediate liveability and longer term upside.Extensive lock up shedding, workshop facilities, hard stand areas and fenced yards add real scale and utility to the property. Multiple bays and defined storage zones provide secure space for vehicles, equipment and general storage, while the combination of enclosed and open areas allows the site to be used in a flexible and practical way. Infrastructure of this nature, particularly within walking distance to town, is increasingly difficult to secure.Importantly, the property also delivers established income. The home is currently vacant, and has previously leased at $530 per week, and the shedding is currently leased to two separate tenants at a combined total of $300 per week ($140 and $160), generating a combined return of $830 per week. Immediate cash flow combined with land size and proximity to town is a rare proposition.The property is being offered for genuine sale, presenting a timely opportunity to secure a substantial holding in a tightly held location.