47 Florence StreetMentone VIC 3194
Property Details for 47 Florence St, Mentone
Last Listing description (December 2019)
Crabtrees Real Estate are pleased to offer for sale this highly desirable retail investment in a premier location.
The propertys features include:
+ Prime corner location in the heart of Mentone
+ Large shop plus unique two level rear building
+ Outstanding location in the premier Mentone retail precinct
+ Strong demographics, situated amongst four private schools
+ Total land area of 200sqm*
+ Total building area of 198sqm*
+ Side laneway access
+ Activity Centre Zoning
+ Future development potential (STCA)
+ Meters from the soon to be upgraded Mentone train station with buses on your doorstep
+ Next to Australia Post and opposite Coles Car Park
+ Close to major retailers including Chemist Warehouse, Woolworths, Bakers Delight, Bank OF Melbourne, NAB, ANZ, Westpac, La Porchetta and many more
Tenancy Details:
+ Rent: $32,327p/a NET plus outgoings
+ Term: 6 years from 1st January 2018
+ Further Term: 3 + 3 years
+ Reviews: Annual market
The property is in a highly desirable location, positioned within the heart of blue chip residential suburbs with almost immediate access to Nepean Highway, the beach and all that Bayside living has to offer.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Property History for 47 Florence St, Mentone, VIC 3194
- 19 Dec 2019Sold for $1,038,000
- 09 Aug 2019Listed for Sale $1,050,000
- 08 May 2007Transferred
Recent sales nearby
See more recent sales nearby/assets/perm/pnktl7pvdii63ax3egejrmk4f4?signature=f6795ab047f43faa8dce83ac6bc9bbcf12ee8718689fca5829c374e337dac83f){kind=logo}
0
/assets/perm/jzhh7fv5dqi6nlcugfxxmmv4ve?signature=2373f7a33753b117f15eb47223cb9d0f938717e5750f565dfa6e139a3187cad6){kind=logo}
0
/assets/perm/27nht4f6syi6nfswknsurye62a?signature=34777060cb1e7ff53d6233efc14079ae8c4301c943524b07422d31ab8853dc11){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Mentone 3194
Market Insights
Mentone Trends for Houses
N/A
N/A
View TrendN/A
N/A
Mentone Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
