1 Swanston StreetMentone VIC 3194
Property Details for 1 Swanston St, Mentone
1 Swanston St, Mentone is a 12 bedroom, 12 bathroom Unit with 9 parking spaces and was built in 2012. The property has a land size of 4795m2. While the property is not currently for sale or for rent, it was last sold in July 2010.
Last Listing description (November 2024)
Unlock a golden investment opportunity with this exceptionally located strata-titled block of twelve apartments, perfectly positioned for a robust rental yield & great long-term hold. Offered for the first time ever & located on the fringe of Mentone?s bustling village, the corner property spans a generous 865m2*, housing a well-presented double-storey brick block of 12 one-bedroom kitchenette apartments, some of which have been stylishly renovated to include brand-new carpeting, sleek new kitchen & bathroom fit-outs & split systems. Each apartment is allocated an off-street parking space & is serviced by a communal onsite laundry.
A vibrant coastal suburb perfectly blending relaxed beachside living with modern conveniences, Mentone is renowned for its stunning beaches, picturesque parks, thriving caf? culture & proximity to shopping precincts including Mentone Centre, Mentone Village & Southland Shopping Centre. Well-serviced by public transport, nearby Mentone Station offers city-bound trains & a collection of extensive bus routes.
Seize the opportunity to establish yourself in a thriving rental market & reap the limitless returns available, with a raft of future prospects to renovate the remaining few or redevelop the spacious site (STCA).
Property History for 1 Swanston St, Mentone, VIC 3194
- 29 Oct 2024Listed for Sale $2,500,000 - $2,750,000
- 19 Mar 2016Listed for Sale EXPRESSIONS OF INTEREST
- 15 Jul 2010Sold for $900,000
Recent sales nearby
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0About Mentone 3194
The size of Mentone is approximately 4.5 square kilometres. It has 13 parks covering nearly 5.9% of 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 8,009 properties. Over the last 5 years, Houses in Mentone have seen a 19.83% increase in median value, while Units have seen a 12.07% increase. As at 28 February 2026:
- The median value for Houses in Mentone is $1,512,318 while the median value for Units is $715,243.
- Houses have a median rent of $690 while Units have a median rent of $550.
Suburb Insights for Mentone 3194
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