1/135 Lower Dandenong RoadMentone VIC 3194
Property Details for 1/135 Lower Dandenong Rd, Mentone
Last Listing description (July 2023)
Tsimos Commercial is delighted to offer this brilliant entry level retail investment.
Invest now, Occupy in future or add to your SMSF portfolio this property has many options.
- Approx 90m2
- Rear Access
- Secure parking at rear for 1 car
- Securely leased for $23,500 pa net approx.
- Lease expiry 30/6/24 with 1 Further 1 year option
For more information or to arrange an inspection, please contact one of our agents below.
Property History for 1/135 Lower Dandenong Rd, Mentone, VIC 3194
- 22 May 2026Sold
- 12 Nov 2024Sold for $429,000
- 04 Aug 2022Listed for Sale Contact Agent
Recent sales nearby
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0About Mentone 3194
The size of Mentone is approximately 4.5 square kilometres. There are 13 parks, covering nearly 5.9% of the total area. The population of Mentone in 2016 was 12965 people. By 2021 the population was 13197 showing a population growth of 1.8% in the area during that time. The predominant age group in Mentone is 40-49 years. Households in Mentone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mentone work in a professional occupation.In 2021, 65.60% of the homes in Mentone were owner-occupied compared with 62.90% in 2016.
Mentone has 8,007 properties. Over the last 5 years, Houses in Mentone have seen a 7.17% increase in median value, while Units have seen a 3.65% increase. As at 31 May 2026:
- The median value for Houses in Mentone is $1,486,451 while the median value for Units is $706,558.
- Houses have a median rent of $810 while Units have a median rent of $550.
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