106 Charman RoadMentone VIC 3194
Property Details for 106 Charman Rd, Mentone
Last Listing description (March 2025)
An outstanding opportunity to secure a tenanted investment in the heart of Bayside in one of the area's boutique shopping strips.
Leased to Happy As Larry Caf
Current Rental Income: $38,400 per annum
Rental Growth: 4% Increases annually with Market Review on new options
189 sqm Total Land / Building Area
Zoning: C1Z - Commercial 1
Unbeatable Location situated on the border of Mentone and Beaumaris within walking distance to the beach and Train Station
This secure, income-generating asset offers investors a strong return with future rental growth in a high-demand retail precinct.
Property History for 106 Charman Rd, Mentone, VIC 3194
- 15 Aug 2025Sold for $725,000
- 18 Mar 2025Listed for Sale CONTACT AGENT
- 08 Nov 2017Listed for Rent $27,000 / year
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About 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 8,011 properties. Over the last 5 years, Houses in Mentone have seen a 37.89% increase in median value, while Units have seen a 21.08% increase. As at 30 November 2025:
- The median value for Houses in Mentone is $1,571,194 while the median value for Units is $717,234.
- Houses have a median rent of $695 while Units have a median rent of $545.
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