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

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 537m2
Land area: 530m2
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Property Details for 59 Florence St, Mentone

Building Type
Commercial
Floor Size
537m2
Land Size
530m2
Local Government
Kingston
Lot/Plan
1/TP157683

Last Listing description (January 2017)

Colliers International have the pleasure of offering 59-63 Florence Street & 133-137B Mentone Parade, Mentone for sale by Public Auction to be conducted on-site Friday 8th July 2016 at 11:00am.
Key features include:
Rare Freehold building possessing a diverse income stream

100% leased building to seven (7) tenants
Fully let income $203,351 p.a.(Approx.)
Significant land holding of 534m (Approx.)
Prime corner location in the heart of Mentone
52metres of retail frontage
Zoned Activity Centre Zone 2
Opposite Mentone Train Station
Considerable value adding potential (STCA)
For more information on the above property, please contact the exclusive selling agents at Colliers International.
Andrew Ryan: +61 408 543 527
Jeremy Gruzewski: +61 422 211 021
Ted Dwyer: +61 411 312 165

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Property History for 59 Florence St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$5,015,000
28 Nov 2019
  • 28 Nov 2019
    Sold for $5,015,000
  • 28 Nov 2019
    Sold
  • 06 Sep 2017
    Sold for $5,000,000
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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 20 properties listed for sale, and 7 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 428 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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