115 Dunlop St, Mortlake is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2024m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
'Penrose House', a prominent 2 storey bluestone dwelling circa 1867 located in the main street of Mortlake presents as a unique, attractive and convenient living opportunity and is offered for sale for the first time in 50 years.
The home has been tastefully appointed within the existing footprint of the original construction and extended in the 1960's. Period features of doors, windows, architraves, skirting boards and ceiling cornice have all been well maintained and present in good condition. The property features a spectacular sheltered garden on its expansive 2000sqmt allotment, with mature English trees and a Lemon scented gum lined drive surrounding a large manicured lawn.
Zoned Commercial (C1Z), and positioned centrally in Dunlop St, the property offers the opportunity for multiple uses. It currently incorporates both a residence and an adjoining office/showroom which is tenanted and generates a useful supplementary monthly income.
This is a unique opportunity to acquire a part of Western Victorian heritage, an area scattered with prominent bluestone homesteads and pubs. Penrose is not of that scale or prior usage but does nevertheless represent a significant part of local history.
Inspections are welcome by appointment with the agent.
The property is offered for sale with an asking price of $570,000
The size of Mortlake is approximately 354.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mortlake in 2016 was 1372 people. By 2021 the population was 1477 showing a population growth of 7.6% in the area during that time. The predominant age group in Mortlake is 60-69 years. Households in Mortlake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mortlake work in a managers occupation.In 2021, 75.70% of the homes in Mortlake were owner-occupied compared with 74.70% in 2016.
Mortlake has 1,012 properties. Over the last 5 years, Houses in Mortlake have seen a 35.64% increase in median value, while Units have seen a 87.26% increase. As at 30 April 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.