FOR SALE
$469,000 - $515,000

12/3-5 Alvena Street
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Invest or Discover Coastal Living in the Heart of Mentone!

Inspection by Appointment Only - Contact Elly on 0470 755 469
Situated on the beachside of Mentone, this delightful two-bedroom apartment offers the perfect combination of convenience and coastal charm. Located on a peaceful no-through road, the property is just a short 500-meter stroll from shops, cafes, restaurants, and public transport, ensuring you have everything you need within reach. For more extensive outings, Southland Shopping Centre, DFO, and the stunning Mentone Beach are just a quick drive away, making this an ideal choice for those who value a vibrant yet relaxed lifestyle.
Inside, you'll find two generously sized bedrooms, each designed for comfort and practicality. The master bedroom features a private ensuite and built-in robes, while the second bedroom also includes built-in robes and is serviced by a well-appointed central bathroom. The open-plan living and dining area flows seamlessly into a modern stone kitchen, equipped with high-quality stainless steel appliances, offering a stylish and functional space for daily living.
Step outside to your private balcony, a serene spot perfect for soaking up the sun or entertaining friends. The apartment's appeal is further enhanced by its secure entrance, elegant timber flooring, and split system heating and cooling, ensuring comfort all year round.
Whether you're a homebuyer seeking a low-maintenance lifestyle in a prime location or an investor looking for a high-yield opportunity, this property ticks all the boxes. With a current rental return of $2,260 per month, it promises both lifestyle and financial rewards.
Don't miss this fantastic opportunity to secure your slice of Mentone's sought-after coastal living. Contact Elly on 0470 755 469 today to arrange your private inspection.
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Property Details for 12/3-5 Alvena St, Mentone

12/3-5 Alvena St, Mentone is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Zed Real Estate.

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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 2011 was 11,667 people. By 2016 the population was 12,973 showing a population growth of 11.2% 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 2011, 66.7% of the homes in Mentone were owner-occupied compared with 62.9% in 2016.

Mentone has 7,943 properties. Over the last 5 years, Houses in Mentone have seen a 25.33% increase in median value, while Units have seen a 11.73% increase. As at 31 October 2024:

  • The median value for Houses in Mentone is $1,405,904 while the median value for Units is $660,859.
  • Houses have a median rent of $700 while Units have a median rent of $515.
There are currently 27 properties listed for sale, and 7 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 347 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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Elly Amiri
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Tavab Nasheet
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Zed Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.