This is a very unique opportunity to establish a new business or to redevelop the site (STCA).
Either way the fundamentals of the property are excellent with an ideal zoning, a generous land area and a bayside location that is second to none.
Key features of this unique property include:
* Land area: 700sqm*
* General Residential 2 zone - ideal for multi-townhouse development (STCA)
* Frontage: 19.8m*
* Well known swim school to Mentone locals
* Swimming pool & refurbished bathrooms
* Opportunity to operate your own business
* Council car park land located opposite
* Short walk to Mentone retail centre with newly redesigned train station
* Mentone has some of Melbourne's best private and public schools
* Mentone beach is absolutely stunning!
* Easy access to Nepean Highway
* The median house price in Mentone has grown by over 20% in the past year
For further details or to arrange an inspection please contact:
Julian Vautin 0420 406 660
PLEASE NOTE:
* Inspections are carried out in accordance with strict Covid-19 Protocols. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorized use is strictly prohibited.
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 8,011 properties. Over the last 5 years, Houses in Mentone have seen a 12.99% increase in median value, while Units have seen a 7.61% increase. As at 31 March 2026:
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