2-4 Nepean HighwayMentone VIC 3194
Property Details for 2-4 Nepean Hwy, Mentone
Last Listing description (October 2023)
+ Versatile corner freehold large format retail showroom of 421sqm* NLA
+ Unrivalled & proven retail location, proximate to a critical mass of national powerhouse retailers with virtually no vacancy in the immediate strip, including Bunnings Warehouse, Officeworks, Rebel, Spotlight, Petbarn and Aldi amongst others acting as a major drawcard to the vicinity
+ High calibre existing fitout providing a turn-key solution featuring excellent natural light to all areas
+ Valuable business & digital media signage opportunities with extensive street exposure to Nepean Highway and Latrobe Street, with 58,000* vehicles passing the property daily (STCA)
+ Substantial 634sqm* triple street frontage landholding providing significant value-add and future development opportunities (STCA)
+ Currently occupied as a Telstra Business Centre via a month-to-month lease with vacant possession available upon settlement
+ Excellent connectivity to major arterials including Warrigal Road, Lower Dandenong Road, Balcombe Road and nearby Mentone Train Station
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jack Pignata
+61 452 400 553
jack.pignata@cbre.com
CBRE Asian Services Desk:
Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()
*Denotes approx.
Property History for 2-4 Nepean Hwy, Mentone, VIC 3194
- 04 Aug 2023Listed for Sale Contact Agent
- 24 Jul 2023Listed for Rent $120,000 / year
- 12 Aug 2022Listed for Rent $120,000 / year
Recent sales nearby
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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 32.78% increase in median value, while Units have seen a 15.91% increase. As at 31 December 2025:
- The median value for Houses in Mentone is $1,570,916 while the median value for Units is $715,987.
- Houses have a median rent of $685 while Units have a median rent of $550.
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