1 Albenca Street, Mentone, Vic 3194

$1,200,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
809 m²
Area

Last updated on Friday, June 05, 2026 ( See property details for 1 Albenca Street, Mentone, Vic 3194)

$1,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 809sqm bayside property in Mentone offering redevelopment, investment, and lifestyle opportunities with existing income and prime location.

🏡 Property Highlights

  • Outstanding redevelopment potential with wide frontage (STCA)
  • Premium bayside landholding in a tightly held location
  • Existing tenanted home providing immediate rental income
  • Ideal for subdivision or multi-dwelling development (STCA)
  • Close proximity to Mentone Station, cafes, parks, and schools
  • Approximately 809sqm allotment in a sought-after bayside pocket

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Ensuite
  • Air Conditioning
  • Garage
  • Internal Laundry

Mentone is a highly sought-after bayside suburb renowned for its stunning beaches, vibrant cafes, and excellent schools. Its strong community feel, convenient transport links, and proximity to parks make it ideal for families and investors alike. The area offers a relaxed coastal lifestyle combined with excellent amenities, ensuring high demand and future growth potential.

What are the redevelopment possibilities for this property?
The property offers outstanding redevelopment potential (STCA) due to its wide frontage and zoning, allowing for subdivision or the construction of a new luxury home.
Is the property currently tenanted?
Yes, the existing home is currently tenanted, providing immediate rental income while planning future developments.
What amenities are within walking distance?
The property is within walking distance to Mentone Station, cafes, parks, schools, and is only about 1.5 to 2 km from Mentone Beach.
What is the zoning of the property?
The property is zoned GRZ5, which supports redevelopment and multi-dwelling opportunities (STCA).
Are there any restrictions or approvals needed for subdivision?
Yes, subdivision and redevelopment plans are subject to council approval and STCA (Subject to Council Approval).
Are there any existing easements, covenants, or zoning restrictions that could affect redevelopment plans? What are the potential costs associated with subdivision or redevelopment, including council fees and approvals? Are there any known issues with the property's structure, land stability, or drainage? Is there any nearby construction or planning activity that could impact the property’s value or lifestyle? Are there any flood or bushfire risks associated with the property or its location? What are the strata or body corporate considerations if subdivided or developed into multiple dwellings? Are there any hidden costs or upcoming maintenance requirements for the existing home? Is the property compliant with all local council regulations and building codes? Are there any restrictions on future use or development due to local planning policies? What are the potential impacts of future infrastructure projects or zoning changes in the area?

1 Albenca Street, Mentone, Vic 3194 - More Details

$1,200,000

Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
809 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 13 Jun 10:30 am

    Saturday 13 June
    10:30 am - 11:00 am
  • Inspection Sat 20 Jun 10:30 am

    Saturday 20 June
    10:30 am - 11:00 am
  • Inspection Sat 27 Jun 10:30 am

    Saturday 27 June
    10:30 am - 11:00 am

Auctions

  • 1 Albenca Street, Mentone, Vic 3194

    Saturday 27 June
    11:00 am
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