Back 7/12 Collins Street
Off Market

7/12 Collins Street

Mentone VIC 3194

1
1
40 m²
0 m²
Apartment
Last sold for $275,000

Overview

SECURE UPSTAIRS APARTMENT YIELDING APPROX 4.5% GROSS RETURN OR IDEAL FIRST HOME

Updated 1 bedroom apartment with morning and afternoon sun located in quiet treelined street close to Mentone Girls Secondary College, shops, bus and stations. * Brilliant parquetry floor * North facing living room * Modernised bathroom with PROVISION FOR WASHING MACHINE * Separate WC * Off street parking PLUS VISITORS CARPARKING * Clean Kitchen with new stove * New switchboard * GREAT TENANT PAYING $1127 pcm on month to month lease. Will resign for fixed term. Vendors statement is available for emailing out. INVESTORS - Why have your money in the bank earning 2% when this investment retruns approx. 4% pa PLUS CAPITAL GAIN

Features

1 bedroom
1 carspace
40 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Mentone over the last 12 months, the estimated median property value of 7/12 Collins Street is $370k.

Median value
$370k
Estimated value range
$270k - $640k
Median days on market
23
Estimated value trend
3%
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 7/12 Collins Street

2025
Rented
Undisclosed
Leased on 08 Jul 2025 by Ray White The Bayside Group
2025
Rented
Undisclosed
Leased on 07 Jul 2025 by Ray White The Bayside Group
2016
Sold
$275,000
Private Sale/Treaty on 21 Dec 2016

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 1 bedroom apartments in Mentone

In the last 12 months, 32 one-bedroom apartments similar to 7/12 Collins Street, have been sold.

This represents a 7% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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