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Fitzroys - Melbourne

111-113 Mentone Parade Mentone, VIC 3194

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111-113 Mentone Parade,
Mentone, VIC 3194

Shops & Retail • Development Sites & Land

Key property information

Land area

Floor area

Zoning

Tenure type

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Fitzroys - Melbourne
Chris Kombi
Tom Fisher

Fitzroys - Melbourne

Level 27, 360 Collins Street
MELBOURNE, VIC 3000
Fitzroys - Melbourne
111-113 Mentone Parade
Mentone, VIC 3194

Map of 111-113 Mentone Parade

Directions

Marvellous Mentone Opportunity – 2 Shops + Land

  • Invest, Occupy Or Develop (stca)
  • Within Dynamic Activity Centre
  • Underutilised Site Of 505sqm*
Fitzroys is delighted to offer for sale by Public Auction on Thursday 28th October at 2pm, a versatile site with excellent value add prospects located within the rapidly evolving bayside lifestyle precinct of Mentone.

Key features include:

- Expansive land area of 505sqm*
- Underutilised site includes two shops with a combined building area of 180sqm* encompassing less than 40% site coverage
- Dual frontage to Mentone Parade and large council car park at rear
- Flexible lease profile with holding income
- Versatile opportunity suited to a range of investors, owner occupiers and developers (stca)
- Located within the heart of the popular Mentone retail and lifestyle precinct, metres from Coles Supermarket and in proximity to Woolworths, Chemist Warehouse, La Porchetta, Aus Post, major Banks and established local retailers and eateries
- Metres from the new Mentone Train Station and $3.4m Mentone Community Piazza project
- Surrounded by various prestigious schools including Kilbreda College (directly opposite), Mentone Grammar, St Bede’s and Mentone Girls Grammar
- Favourable Activity Centre Zoning providing scope for multiple development outcomes (stca)
- Well serviced by major arterial roads including Nepean Highway, Warragul Road and Balcombe Road providing convenient access to surrounding South Eastern suburbs and the CBD
- Affordable opportunity in one of Bayside’s most popular commercial precincts.

111-113 MENTONE PARADE, MENTONE – FOR SALE BY PUBLIC AUCTION ON THURSDAY 28th OCTOBER @ 2PM

Mentone, 3194 demographic data

The median household income for Mentone is $1,889, 1% lower than Greater Melbourne's household income of $1,901. Mentone has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 51% of property owners in Mentone have a mortgage.

13,197
Population
$1,889 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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