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1 Albenca Street, Mentone, Vic 3194-Image

1 Albenca Street, Mentone, Vic 3194

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House

Type

Bedrooms

Bathrooms

Parkings

809 m²

Area

Last updated on Friday, July 31, 2026 ( See property details for 1 Albenca Street, Mentone, Vic 3194)

$1,200,000

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Jack Miltos - Real Estate Agent - hockingstuart - Dandenong

Jack Miltos Director/Auctioneer

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Linda Hendrie Real Estate Agent

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AI Property Insight

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

Suburb and Property Insights of Mentone, VIC 3194

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.

Frequently Asked Questions

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).

What to ask about this property to agent?

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

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Positioned in one of Mentone's most sought-after bayside pockets, this exceptional GRZ5-zoned property presents an outstanding opportunity for developers, investors, builders and families alike. Set on approximately 809sqm with a substantial wide frontage, the possibilities here are endless (STCA).

Offering exciting redevelopment, subdivision or luxury new home potential (STCA), this highly desirable allotment is ideally suited to buyers looking to capitalise on the strong demand for quality homes and multi-dwelling developments within this tightly held location.

The existing home is currently tenanted, providing immediate rental income while future plans are considered, making it an ideal landbank or investment opportunity.

Perfectly positioned within walking distance to Mentone Station, local bus services, parks, cafes, shopping precincts and leading schools, while Mentone Beach is only moments away, delivering the ultimate bayside lifestyle.

Property Highlights:
Approx. 809sqm allotment
GRZ5 zoning
Wide frontage with outstanding redevelopment potential (STCA)
Existing home currently tenanted
Ideal subdivision or multi-dwelling opportunity (STCA)
Premium bayside landholding in tightly held location
Excellent investment or landbank opportunity
Walk to Mentone Station, cafes, parks and schools
Approx. 1.5km–2km to Mentone Beach

Opportunities of this size, zoning and location are increasingly rare in Mentone. Secure your place in this highly desirable bayside suburb and unlock the future potential on offer.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 2
Area: 809 m²

Price guide

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Email Enquiry To hockingstuart - Dandenong

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Jack Miltos

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Linda Hendrie

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1 Albenca Street, Mentone, Vic 3194

$1,200,000

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