SOLD
RECENT ADVICE
Sold on 23 Nov 2023 for $1,225,000

1 Mena Avenue
Cheltenham VIC 3192

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 789m2
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Property Details for 1 Mena Ave, Cheltenham

1 Mena Ave, Cheltenham is a 4 bedroom, 1 bathroom House. The property has a land size of 789m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Cheltenham in the last 12 months.

Building Type
House
Land Size
789m2
Local Government
Kingston
Lot/Plan
35/LP28023

Last Listing description (November 2023)

Situated in Cheltenham's sought-after Golden Triangle, this property presents a unique opportunity for forward-thinking individuals.

Ideal for renovators, families, developers, and investors, this residence beckons as a blank canvas ready for transformation. The expansive 789sqm approx. site, complemented by a flexible and practical floorplan, offers the potential for a new chapter in its history.

Once owned by the renowned sculptor Vincas Jomantas and his wife Laima, this home is well presented and provides an immediate opportunity for rental income while you plan your dream home.

The home is equipped with multiple living areas, a functional kitchen and bathroom, and a further 4 rooms that can be used as bedrooms or office space. The floor plan is further complemented by 2 former large art studios attached to the main house, the rear studio having the potential to be accessible from Follett Lane presenting the opportunity to incorporate a double garage in the future; alternatively for those seeking a versatile multi purpose room.

Beyond its artistic history, the property holds potential for a new residential vision or multi-dwelling development (STCA). Located in the coveted zones for Cheltenham and Mentone Girls' secondary colleges, and with amenities like Follett Road shops, Evesham Kindergarten, and Cheltenham East Primary School within walking distance, it's a proposition with significant family appeal.

Well-connected by bus routes and just minutes away from Southland, DFO, and Kingston Central Plaza. Only 1.5 km from Cheltenham train station. Don't miss this opportunity - call now to arrange an inspection.

PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections

Property History for 1 Mena Ave, Cheltenham, VIC 3192

A timeline of how this property has performed in the market
Last Sold
$1,225,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $1,225,000
  • 27 Oct 2023
    Listed for Sale SOLD!!
  • 12 Jul 2002
    Transferred

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About Cheltenham 3192

The size of Cheltenham is approximately 10.6 square kilometres. It has 26 parks covering nearly 19.1% of total area. The population of Cheltenham in 2011 was 20,291 people. By 2016 the population was 22,311 showing a population growth of 10.0% in the area during that time. The predominant age group in Cheltenham is 40-49 years. Households in Cheltenham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cheltenham work in a professional occupation. In 2011, 73.6% of the homes in Cheltenham were owner-occupied compared with 71% in 2016.

Cheltenham has 14,712 properties. Over the last 5 years, Houses in Cheltenham have seen a 28.48% increase in median value, while Units have seen a 14.92% increase. As at 31 August 2024:

  • The median value for Houses in Cheltenham is $1,203,432 while the median value for Units is $676,563.
  • Houses have a median rent of $690 while Units have a median rent of $540.
There are currently 53 properties listed for sale, and 36 properties listed for rent in Cheltenham on OnTheHouse. According to CoreLogic's data, 639 properties were sold in the past 12 months in Cheltenham.

Suburb Insights for Cheltenham 3192

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Contact agent
Trevor Bowen
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Stefan Metzger
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Ray White Cheltenham
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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.