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.
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
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:
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