5/117-119 Balcombe RoadMentone VIC 3194
Property Details for 5/117-119 Balcombe Rd, Mentone
5/117-119 Balcombe Rd, Mentone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1393m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.
Last Listing description (June 2024)
An excellent investment or owner-occupied opportunity awaits at 5/117-119 Balcombe Road, Mentone, with the property currently tenanted, presenting the best in coastal living with simplicity and convenience. This well-kept unit, located at the rear for utmost privacy, is perfectly situated for those who value an easy-going lifestyle paired with coastal luxury. Surrounded by essential amenities, such as Woolworths, and a mere 1 km stroll from Mentone Beach, this home ensures that everything you need is within reach. Enhanced connectivity through fast HFC NBN and ultra-fast 5G options ensures seamless online activities.
Home Highlights:
- The residence features two spacious bedrooms, each equipped with built-in robes and double-glazed windows, ensuring peace and privacy.
- The thoughtful layout includes a bathroom with a separate shower and a shower over bath, catering to all preferences.
Additional Conveniences:
- A separate laundry with ample storage space, a split system for heating/cooling ensuring comfort throughout the seasons, a single lock-up garage for secure parking, and a separate toilet enhance the practicality and appeal of this unit.
Nearby Educational and Lifestyle Benefits:
- Located within 600 meters of Mentone Primary School and Mentone Girls' Secondary College, this property is an attractive choice for families or those connected to the educational sector.
Its prime location offers easy access to schools, shops, transportation, and the beach, epitomizing a vibrant yet tranquil lifestyle.
- The vicinity of Southland Shopping Centre, just 3 km away or a 5-minute drive, along with Mentone Train Station being 500 m away, adds unparalleled convenience and connectivity to this premium location.
This unit not only presents a blend of modern amenities and an optimal location but also holds appealing investment potential or promises as a residence for future owner-occupiers in Mentone's delightful coastal and urban setting.
Property History for 5/117-119 Balcombe Rd, Mentone, VIC 3194
- 22 May 2024Sold for $574,000
- 16 Apr 2024Listed for Sale $570,000 - $590,000
- 06 Jun 2022Listed for Rent $375 / 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 7,944 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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