2 Shearson Crescent, Mentone, VIC 3194 sold on 01 September 2025 | OnTheHouse
 
SOLD
Sold on 01 Sep 2025 for $2,634,500

2 Shearson Crescent
Mentone VIC 3194

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 185m2
Land area: 1140m2
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Property Details for 2 Shearson Cres, Mentone

Building Type
Commercial
Floor Size
185m2
Land Size
1140m2
Local Government
Kingston
Lot/Plan
21/LP136266

Last Listing description (February 2019)

Areas: Office & Amenities 420m
9 x office areas, board room, open plan workstation area with 6 workstation, kitchenette
Warehouse /workshop 520m

Total 1000m (approx.)
Air conditioning and lighting is fully automated.
Car Parking: 6 Dedicated on site Car Spaces and plenty off street parking spaces.
Office General: Air Conditioned (ground and Level 1)
Alarm System (Incorporating Warehouse Area)
Telephone Lines
Warehouse:
Electric Roller Door
3 Phase Power

Lease Requirement
Lease Agreement: Refer Standard Lease Agreement - Commercial Property
Lease: 3 Years
Lease Option: 3 x 3 Years
Lease Annual: 75,000.00 PA (Plus GST)
Outgoings All Outgoings to be Paid by Tenant.

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Property History for 2 Shearson Cres, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$2,634,500
01 Sep 2025
Listed for Rent
$1.44k/w
23 Feb 2019
  • 01 Sep 2025
    Sold for $2,634,500
  • 11 Jul 2016
    Listed for Rent - Price not available
  • 25 Mar 1997
    Sold for $390,000
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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 8,012 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.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 422 properties were sold in the past 12 months in Mentone.

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