19 Acacia Ave, Mentone is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 893m2 and floor size of 309m2.
LAND, LOCATION & POTENTIAL
THIS IS A RARE OPPORTUNITY TO ACQUIRE AN OUTSTANDING BLOCK OF 893M2 APPROX, PERFECT FOR MULTI UNIT DEVELOPMENT STCA. A DATED BUT FUNCTIONAL BV HOUSE COULD BE UPDATED FOR LEASING OUT WHILST AWAITING COUNCIL APPROVAL FOR PLANS AND PERMITS. THIS IS AN AREA WHERE PRECEDENT FOR DEVELOPMENT IS IN EVIDENCE. WHY? LOCATION IS MUCH SOUGHT AFTER. WALK TO SCHOOLS AND KINDERGARTENS. THRIFT PARK SHOPPING CENTRE MINS AWAY, PARKS, SPORTING RESERVES, DFO SHOPPING CENTRE ALL NEARBY. IN THE ZONE FOR THE MUCH SOUGHT AFTER MENTONE GIRLS SECONDARY SCHOOL & RECENTLY RENOVATED PARKDALE COLLEGE WITHIN WALKING DISTANCE. BE QUICK TO INSPECT FOR AN OPPORTUNITY NOT TO BE MISSED!
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 7,982 properties. Over the last 5 years, Houses in Mentone have seen a 16.77% increase in median value, while Units have seen a 6.19% increase. As at 30 November 2024:
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