111 Mentone Parade, Mentone, VIC 3194 | Property Value & History | OnTheHouse
OFF MARKET

111 Mentone Parade
Mentone VIC 3194

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 508m2
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Property Details for 111 Mentone Pde, Mentone

Building Type
Commercial
Land Size
508m2
Local Government
Kingston
Lot/Plan
1/TP833621

Last Listing description (October 2021)

Fitzroys is delighted to offer for sale by Public Auction on Thursday 28th October at 2pm, a versatile site with excellent value add prospects located within the rapidly evolving bayside lifestyle precinct of Mentone.

Key features include:

- Expansive land area of 505sqm*

- Underutilised site includes two shops with a combined building area of 180sqm* encompassing less than 40% site coverage
- Dual frontage to Mentone Parade and large council car park at rear
- Flexible lease profile with holding income
- Versatile opportunity suited to a range of investors, owner occupiers and developers (stca)
- Located within the heart of the popular Mentone retail and lifestyle precinct, metres from Coles Supermarket and in proximity to Woolworths, Chemist Warehouse, La Porchetta, Aus Post, major Banks and established local retailers and eateries
- Metres from the new Mentone Train Station and $3.4m Mentone Community Piazza project
- Surrounded by various prestigious schools including Kilbreda College (directly opposite), Mentone Grammar, St Bede's and Mentone Girls Grammar
- Favourable Activity Centre Zoning providing scope for multiple development outcomes (stca)
- Well serviced by major arterial roads including Nepean Highway, Warragul Road and Balcombe Road providing convenient access to surrounding South Eastern suburbs and the CBD
- Affordable opportunity in one of Bayside's most popular commercial precincts.

111-113 MENTONE PARADE, MENTONE FOR SALE BY PUBLIC AUCTION ON THURSDAY 28th OCTOBER @ 2PM

Property History for 111 Mentone Pde, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$2,385,000
28 Oct 2021
Listed for Rent
$26/w
15 Jun 2006
  • 28 Oct 2021
    Sold for $2,385,000
  • 23 Sep 2021
    Listed for Sale Contact Agent
  • 29 Mar 2018
    Sold for $650,000
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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 8,010 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.
There are currently 22 properties listed for sale, and 6 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 427 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.