1-8 / 3 Lower Dandenong Road, Mentone
VIC 3194
- 8
- 8
- 8
- 807m2
Auction
Thursday 6th Mar | 12:30 PM public 2025-03-06 12:30:00 2025-03-06 13:00:00 Australia/Melbourne Auction for 1-8 / 3 Lower Dandenong Road, Mentone Auction for 1-8 / 3 Lower Dandenong Road, Mentone 1-8 / 3 Lower Dandenong Road, Mentone Gary Peer inspections@garypeer.com.au
Guide
$1,800,000 - $1,950,000
Lucky 8 - prime investment opportunity
A wonderful investment opportunity exists to enjoy endless returns (approx $130,000 per annum) on a block of 8 impressively
spacious one-bedroom apartments, ideally located in a central & highly sort after position & with scope for further refurbishment, to hold or on sell individually – the options are endless (STCA).
This substantial allotment in excess of 807m2* comprises two levels of generously proportioned, neatly presented large solid brick apartments
with varying yet similar well planned floorplans.
Each currently tenanted apartment features a spacious open plan kitchen / meals /living room, a good sized bedroom with built-in robes & ensuite bathroom & off street parking.
Don’t miss this opportunity to make you mark & capitalise on this great vibrant convenient location close to various shopping options, access to main arterials, schools, Mentone train station & the beach. *Approximate Title Dimensions.
spacious one-bedroom apartments, ideally located in a central & highly sort after position & with scope for further refurbishment, to hold or on sell individually – the options are endless (STCA).
This substantial allotment in excess of 807m2* comprises two levels of generously proportioned, neatly presented large solid brick apartments
with varying yet similar well planned floorplans.
Each currently tenanted apartment features a spacious open plan kitchen / meals /living room, a good sized bedroom with built-in robes & ensuite bathroom & off street parking.
Don’t miss this opportunity to make you mark & capitalise on this great vibrant convenient location close to various shopping options, access to main arterials, schools, Mentone train station & the beach. *Approximate Title Dimensions.
Mentone suburb statistics
Houses*
Median sale price
$1,417,500
Quarterly price change
1.16%
Units*
Median sale price
$665,000
Quarterly price change
-3.53%
Sales insights
Auction clearance rate*
73%
Median days on market∧
30 days
Total sold properties*
94
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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