Back 248 Balcombe Road
Off Market

248 Balcombe Road

Mentone VIC 3194

4
1
4
1013 m²
House
Last sold for $2,180,000
Andrew PlousiAndrew Plousi, last sold this property on 10 November 2025 after 12 days on market.

Overview

SOLD BY ANDREW PLOUSI

Presenting exceptional possibilities on a coveted 1,013sqm Approx corner block. The beauty of this substantial parcel of land lies in its abundant development potential STCA, positioned minutes from Mentone Village and the beach. As it stands, the existing home is perfectly placed to the front of this remarkable block within the General Residential Zone - Schedule 5 (GRZ5) and with a wide 50.3m Approx frontage along Bourke Street and 20.1m Approx frontage along Balcombe Road. Positioned perfect to enjoy Mentone’s shops, cafés and restaurants at one end of the street and the beach at the other with Charman Road’s coffee, eateries and the bus a short stroll away. This family focused area boasts three playgrounds within an easy walk. Zoned for Mentone Primary, Beaumaris secondary and Mentone Girls Secondary with Mentone Grammar among many local private schooling options. Currently rentable while you draw up your plans; Modern comforts include a renovated kitchen with Bosch dishwasher, electric cooktop and a breakfast bar. Four robed bedrooms, each with air-conditioning share a family bathroom with a spa bath and two separate toilets. Ducted heating throughout provides year-round comfort. A home office with a split system is accessible via a side entrance and an auto, double car garage offers internal entry. A further single car garage is placed at the end of the garden with a workshop. Whether you’re looking to enhance the existing home with your own renovation and subdivide or relish this exceptional development opportunity STCA. This property delivers incredible advantage and is guaranteed to have widespread appeal. For all enquiries please contact Andrew Plousi 0411 799 023 Hodges Mentone.

Features

4 bedrooms
1 bathroom
4 carspaces
1 open car space
3 garage spaces
1013 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mentone over the last 12 months, the estimated median property value of 248 Balcombe Road is $1.52m.

Median value
$1.52m
Estimated value range
$1.25m - $3.4m
Median days on market
26
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mentone. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 248 Balcombe Road

2025
Sold
$2,180,000
Private Sale/Treaty on 10 Nov 2025 by Andrew Plousi, of Hodges Mentone / Chelsea

Happy sellers in Mentone

75%
75% of sellers in Mentone reported that their sale price either exceeded or met their price expectations.

Mentone stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Mentone over the last 12 months.

Local market activity for 4 bedroom houses in Mentone

In the last 12 months, 38 four-bedroom houses similar to 248 Balcombe Road, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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