SOLD
RECENT ADVICE
Sold on 14 May 2024 - Price Unavailable

6 Levanto Street
Mentone VIC 3194

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 424m2
Land area: 809m2
Sold By
Buxton Camberwell
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Property Details for 6 Levanto St, Mentone

6 Levanto St, Mentone is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2021. The property has a land size of 809m2 and floor size of 424m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
424m2
Land Size
809m2
Local Government
Kingston
Lot/Plan
5~D/LP2701

Last Listing description (May 2024)

This rare and exciting opportunity features a block of six units on a fantastic 809sqm (approx.) corner allotment, being sold as one offering. Whether you aim to reap the brilliant rental income or develop the hugely versatile site (STCA), the choice is yours!
Securely let and currently returning approximately $90,000 per annum, the block comprises one studio flat, four one-bedroom flats, and one two-bedroom flat. Each unit boasts good-sized living rooms with gas heaters, practical kitchens, and generous bathrooms with space for laundry facilities. On-site parking is also available.
The property offers multiple options - you can rent out as is, upgrade to improve your return, or take advantage of its corner location and broad frontage to Savona Street (20.11m x 40.23m) for a fabulous new development.

Located in the sought-after Mentone area, this property is close to Thrift Park, Mentone village, and excellent shopping destinations. Zoned for Mentone Girls and Parkdale Secondary Colleges, this plot is full of potential and is a prized investment opportunity!

*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.

Property History for 6 Levanto St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
14 May 2024
Listed for Rent
$330/w
16 Nov 2012
  • 14 May 2024
    Sold
  • 22 Mar 2024
    Listed for Sale Not Disclosed
  • 01 Dec 2020
    Sold for $1,180,000
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About 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 7,913 properties. Over the last 5 years, Houses in Mentone have seen a 45.10% increase in median value, while Units have seen a 15.38% increase. As at 31 July 2024:

  • The median value for Houses in Mentone is $1,488,243 while the median value for Units is $645,645.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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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.