37 Venice Street, Mentone, VIC 3194 | Property Value & History | OnTheHouse
OFF MARKET

37 Venice Street
Mentone VIC 3194

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 769m2
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Property Details for 37 Venice St, Mentone

Building Type
Commercial
Land Size
769m2
Local Government
Kingston
Lot/Plan
1/TP574308

Last Listing description (June 2017)

An unprecedented opportunity to secure one or more state-of-the-art child care centres from across metropolitan Melbourne featuring all fundamental investment attributes.
Ideally positioned within the blue chip bayside suburb of Mentone, this centrally located child care centre is well surrounded by an abundance of first class education facilities.
Some of the many key attributes of these properties include:

- 20 + 10 + 10 + 10 year lease commenced 2008
- National tenant Guardian Early Learning Group
- Licensed for 115 places
- Land area of 1,996sq m*
- Building area of 676sq m*
- Net Rental of $435,275 per annum*
This is an extraordinary offering of six of the best located and best presented child care assets within the Melbourne market.
For Sale individually or together by Expressions of Interest closing Wednesday 26 April at 2pm.
The following centres are for sale individually or together:
- 66-70 High Street Road, Ashwood
- 103-107 Koonung Road, Blackburn North
- 1 Toolambool Road, Carnegie
- 105A Kangaroo Road, Hughesdale
- 60 Florey Avenue, Point Cook
To discuss any of these opportunities in detail, please contact the exclusive sales agents at Savills:
Julian Heatherich - 0412 995 655
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 888

Property History for 37 Venice St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$8,000,000
13 Apr 2017
  • 13 Apr 2017
    Sold for $8,000,000
  • 28 Mar 2017
    Listed for Sale by EOI closing Wednesday 26 April at 2pm
  • 28 Jun 2006
    Sold for $1,825,000
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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.