1 Albenca St, Mentone is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 4 bedroom House sold in Mentone in the last 12 months.
Positioned in one of Mentone's most sought-after bayside pockets, this exceptional GRZ5-zoned property presents an outstanding opportunity for developers, investors, builders and families alike. Set on approximately 809sqm with a substantial wide frontage, the possibilities here are endless (STCA).Offering exciting redevelopment, subdivision or luxury new home potential (STCA), this highly desirable allotment is ideally suited to buyers looking to capitalise on the strong demand for quality homes and multi-dwelling developments within this tightly held location.The existing home is currently tenanted, providing immediate rental income while future plans are considered, making it an ideal landbank or investment opportunity.Perfectly positioned within walking distance to Mentone Station, local bus services, parks, cafes, shopping precincts and leading schools, while Mentone Beach is only moments away, delivering the ultimate bayside lifestyle.Property Highlights:Approx. 809sqm allotmentGRZ5 zoningWide frontage with outstanding redevelopment potential (STCA)Existing home currently tenantedIdeal subdivision or multi-dwelling opportunity (STCA)Premium bayside landholding in tightly held locationExcellent investment or landbank opportunityWalk to Mentone Station, cafes, parks and schoolsApprox. 1.5km2km to Mentone BeachOpportunities of this size, zoning and location are increasingly rare in Mentone. Secure your place in this highly desirable bayside suburb and unlock the future potential on offer.
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 8,021 properties. Over the last 5 years, Houses in Mentone have seen a 1.75% increase in median value, while Units have seen a 0.47% increase. As at 30 June 2026:
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