Two Homes, Extraordinary Potential – 732sqm Approx.

For Sale

2 Mena Ave, Cheltenham, VIC, 3192

Two Homes, Extraordinary Potential – 732sqm Approx.

House

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, March 04, 2026 ( See property details for 2 Mena Ave, Cheltenham, VIC, 3192)

$1,000,000 - $1,100,000

Mark Blit - Real Estate Agent - Belle Property - MENTONE

Mark Blit Real Estate Agent | Auctioneer

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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 family home with a self-contained granny flat on a spacious block in a sought-after Cheltenham location, offering renovation, development, or multi-generational living opportunities.

🏡 Property Highlights

Generous 732sqm block with 16.8m frontage offering development potential (STCA).
Two residences on one block: a charming three-bedroom family home and a self-contained granny flat.
Prime location close to beaches, schools, shops, and public transport.
Outdoor entertaining deck perfect for relaxed weekends and gatherings.
Heritage lemon and fig trees add character and privacy to the backyard.
Flexible living options including renovation, rebuilding, or multi-generational living.

✨ Key Features

Garage
Outdoor Area
Built-in Robes
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

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2 Mena Ave

Cheltenham, VIC 3192

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Suburb and Property Insights of Cheltenham, VIC 3192

Cheltenham is a highly sought-after suburb known for its family-friendly atmosphere, proximity to beautiful beaches, and excellent amenities. Residents enjoy easy access to public transport, quality schools, and vibrant shopping precincts. The area offers a mix of character homes and new developments, making it ideal for families and investors alike. With parks, cafes, and recreational facilities nearby, Cheltenham provides a balanced lifestyle in a convenient location.

Frequently Asked Questions

Can I renovate or rebuild the existing property?

Yes, the property offers opportunities for renovation, rebuilding, or development subject to council approval (STCA).

Is the granny flat suitable for rental or multi-generational living?

Absolutely, the self-contained granny flat with private entrance and parking makes it ideal for rental income or accommodating family members.

What are the nearby amenities and transport options?

The property is close to shops, schools, public transport, beaches, and recreational facilities, providing convenient access to daily needs and leisure activities.

Are there any heritage or environmental restrictions?

The property features heritage lemon and fig trees, but any restrictions related to heritage or environmental factors should be confirmed with local council.

What is the condition of the existing structures?

The main house is full of character and ready for renovation, while the granny flat is self-contained and functional. A detailed inspection is recommended for renovation plans.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? What are the potential costs for renovations or development approvals? Are there any existing or past issues with pests, structural defects, or drainage? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction projects nearby that could impact the property?

2 Mena Ave, Cheltenham, VIC, 3192 - More Details

Two Homes, Extraordinary Potential – 732sqm Approx.

Rarely does a property offer this much flexibility, lifestyle and future potential in one of Cheltenham's most sought-after pockets. Set on a generous 732sqm with 16.8m frontage (approx.), this golden triangle address delivers a three-bedroom family classic plus self-contained granny flat – two residences on one exceptional block. The original three-bedroom home is full of character and ready to make your own. Polished timber floors, a sun-drenched lounge with fireplace and split-system, a central kitchen, three spacious bedrooms, neat bathroom and laundry with second shower form the canvas – whether you choose to renovate, build your dream family home, or explore a luxury development (STCA). Outdoors, the covered entertaining deck is ideal for relaxed weekends, while the lockup garage doubles as a hobby studio or gym complete with split-system. The two-bedroom rear residence features built-in robes, a kitchenette, bathroom and garden, complete with a private entrance and secure parking space. Move in while you renovate the main house at your own pace, update and lease, or retain for multi-generational living! Alternatively, remove the fence separating both properties and enjoy a large backyard for kids and pets to play! Property highlights: • Three-bedroom family home with garage and carport • Self-contained granny flat with private entrance and parking • Heritage lemon and delicious fig tree • Substantial 732sqm with 16.8m frontage approx. • Renovate, rebuild or development opportunity (STCA) • Close to Follett Road shops, schools, public transport and beach You're just steps from El Mercado Bakehouse, Summer Scoops Gelato and Foodworks. Walk to Evesham Road Preschool, Cheltenham East Primary School and OLA Primary School. Minutes to Mentone Beach, the bay trail, leading private schools, Mentone Girls' Secondary College, Westfield Southland, ALDI and DFO.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 3

Map & nearby places — 2 Mena Ave, Cheltenham, VIC, 3192

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Mark Blit

2 Mena Ave, Cheltenham, VIC, 3192

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