Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Positioned on a substantial allotment approximately 828 square meters in size with an impressive 16.5-meter frontage, this well-maintained residence offers a unique and exciting opportunity in the highly sought-after Mentone area. It provides comfortable living today while presenting significant potential for future enhancement, making it appealing to owner-occupiers, investors, builders, and developers keen to capitalize on its generous size and exceptional prospects.
The existing home is neatly presented throughout and provides a solid foundation for immediate occupancy with the option to update over time. Accommodation comprises three well-sized bedrooms, a central bathroom, a separate laundry, and a functional kitchen adjoining the dining area. The spacious living room benefits from a versatile study nook, ideal for home-based work. A noteworthy feature is the light-filled enclosed sunroom that extends across the rear of the home, offering a flexible second living area with year-round usability while overlooking the expansive backyard.
Externally, the vast scale of the land is immediately noticeable. The large rear yard offers significant space suitable for families, future home extensions, entertaining areas, swimming pools, or landscaping projects. A long side driveway provides access to a detached garage and separate shed/workshop, enhancing storage options and providing ample off-street parking opportunities.
For buyers with a vision, the potential is considerable. Options exist to renovate and modernize the existing home into a comfortable family sanctuary, extend the property to create additional living and accommodation areas (subject to council approval), or to design and build a dream home on a substantial parcel of land. Additionally, there is scope to explore multi-residential redevelopment potential (subject to council approval). The wide frontage and generous land size provide adaptability rarely found in today’s market, making this property a highly attractive prospect for future-focused purchasers.
The location is superbly convenient, situated in close proximity to a wide range of amenities including Thrift Park Shopping Centre, Mentone Village shops, cafes and restaurants, Southland Shopping Centre, Mentone Train Station, as well as quality educational institutions such as Mentone Primary School, Mentone Girls Grammar, Cheltenham Secondary College, Mentone Grammar School, and St. Bede’s College. Additionally, picturesque reserves and Bayside’s popular beaches are easily accessible.
Local Market Insights
In Mentone, Quiet Listings observed 2 new houses entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $1,810,000. The property type mix of listed properties is predominantly Units at 29%, followed by apartments (29%), and townhouses (21%). Buxton Real Estate Group was the most active agency in this area, representing 28.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mentone VIC 3194
Market Insights for Mentone VIC 3194
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
