41 Florence Street, Mentone, VIC 3194 | Property Value & History | OnTheHouse
 
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41 Florence Street
Mentone VIC 3194

Bedrooms: -
Bathrooms: -
Car spaces: 46
Land area: 1334m2
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Property Details for 41 Florence St, Mentone

Building Type
Commercial
Land Size
1334m2
Local Government
Kingston
Lot/Plan
2/RP17397

Last Listing description (October 2023)

- Currently fully leased to 9 shops, all on separate titles

- Rear car parking of 1,500 sqm*/46* car parks provided on title

- Net passing income of $193,000 per annum*

- Extensive frontage to Florence Street of 52 metres*

- Extremely rare and prominent 2,500 sqm* Mentone bayside land holding

- Surrounded by first class lifestyle attractions including, Port Phillip Bay Beaches (1 km*), renowned golf courses (Royal Melbourne - 2.5 km*), major shopping centres (Southland Shopping Centre 3km*) and Balcombe Road entertainment drawcards

- In close proximity to a number of schools including Kilbreda College, Mentone Girls Grammar & St Bede's College, together with medical centres and the major banks

- Strong existing improvements providing the ability to hold, sell down individually or develop (STCA)

*approx

OFFERS RECEIVED

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Property History for 41 Florence St, Mentone, VIC 3194

A timeline of how this property has performed in the market
  • 09 Nov 2020
    Listed for Sale SOLD - Price Withheld
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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 8,013 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 25 properties listed for sale, and 5 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 424 properties were sold in the past 12 months in Mentone.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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