314/7 Balcombe RoadMentone VIC 3194
Property Details for 314/7 Balcombe Rd, Mentone
314/7 Balcombe Rd, Mentone is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Mentone in the last 12 months.
Last Listing description (February 2024)
This one-bedroom apartment represents easy, very affordable living at one of Mentone's most impressive addresses - the iconic 'Archer Mentone' is a standout development in the heart of vibrant Mentone - a melding pot of colourful vibrancy and breezy coastal ambience!
With its perfect positioning on the bay side of the Nepean Hwy, just a few minutes walk to Mentone Station and shopping/dining village and an easy walk to the beach and bay trail, it's the perfect lifestyle for first home buyers, lifestyle seekers, downsizers, or an optimistic investment opportunity for savvy investors.
Flowing through an impressive, open floor plan featuring high ceilings overhead, beautiful oak floorboards underfoot, double-glazed windows; sleek streamlined storage and natural timber accents, and high-end, luxury appointments, fittings, fixtures and designer finishes adorning the spaces between.
Comprising a large bedroom with a clever, corner walk-in robe, serviced by the fully-tiled bathroom with a rainmaker shower and good storage, plus a separate European laundry.
A superb designer kitchen with stone benchtops, abundant storage and elite Miele oven, gas cooktop, range hood, an integrated dishwasher PLUS an integrated Miele fridge & freezer! Open plan, air-conditioned dining and living zone opening to the generous balcony with elevated urban views.
Split system air-conditioning, secure intercom entry, lift access, secure parking & storage unit.
Clustered around a network of internal laneways, meeting points and warm, communal spaces including the indoor/outdoor rooftop entertaining terrace - an air-conditioned lounge with a kitchenette and large-screen TV, and an outdoor BBQ terrace with commanding city-to-bay views.
As an investment, you can't look past this location or the ultra low-maintenance and convenience of the apartment lifestyle that's in such strong demand!
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 314/7 Balcombe Rd, Mentone, VIC 3194
- 15 Feb 2024Sold for $330,000
- 31 Jan 2024Listed for Sale Contact Agent
- 06 Apr 2022Listed for Rent $370 / week
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0About 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 7,939 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.
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