classic charmer on a corner of opportunity

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2 Hunter Street, Mansfield VIC 3722

$695,000 - $750,000

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$695k - $730k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 762 m²

Listed: yesterday

Overview

This well-maintained and charming three-bedroom residence sits on a generous 762 square meter corner block in the heart of Mansfield, offering versatile opportunities for homeowners and investors alike. The property's key appeal is its flexibility; it currently operates successfully as an Airbnb, providing an established short-stay rental income stream. Alternatively, it presents solid potential for subdivision or additional development, subject to council approval, allowing for either sale of a separate rear lot or construction of a second dwelling to enhance rental yield or accommodate extended family.

The home exudes traditional warmth, highlighted by a wraparound verandah that enhances its homestead character and offers scenic views towards prominent local landmarks including Mt Buller and Mt Stirling. Inside, the light-filled open-plan kitchen, dining, and living spaces are designed for comfortable everyday living, featuring modern kitchen appliances, a freestanding wood fire for cosy winters, and a reverse cycle split system air conditioner to maintain year-round comfort.

The master bedroom benefits from bright morning sunlight, complemented by a walk-in robe and a private ensuite, while the remaining two bedrooms are furnished with built-in robes and ceiling fans. A family bathroom with both separate shower and bath caters well to family needs. Outdoors, the spacious, low-maintenance backyard provides ample room for children and pets, enhanced by a double carport and additional off-street parking, supporting a practical and active lifestyle.

Conveniently situated within walking distance to local amenities such as cafes, shops, schools, parks, and the hospital, this property suits a diverse range of purchasers—from families seeking a move-in ready home to investors looking for a blend of immediate income and long-term growth potential. The unrestricted scope to expand or subdivide enriches the value proposition, making this a noteworthy opportunity in Mansfield's residential market.

Established short-stay rental with proven income potential
Potential for subdivision or second dwelling development
Traditional wraparound verandah with scenic mountain views
Modern kitchen appliances combined with a wood fire and air conditioning
Master bedroom with walk-in robe and ensuite
Ample undercover parking and additional off-street space
Convenient location near town amenities and services

Local Market Insights

In Mansfield, Quiet Listings observed 15 new houses entering the market over the last 30 days, down from 32 during the previous 30-day period, with an average advertised asking price of $1,148,333. The property type mix of listed properties is predominantly Houses at 58%, followed by land (35%), and townhouses (8%). The most active agency for houses in the Mansfield area is currently McGrath Estate Agents, representing 27% of new listings, followed by Elders Real Estate with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.