Ripponlea Median PriceThe House price is 20% lower than last year. Surrounding suburbs | A82 Glen Eira Road, Ripponlea | Sold $1,770,000 in Jul 2017 [Rectify] | Last Sold $70,000 in May 1981 | Rent $44,200pw in Feb 2018 | Commercial Property | Land size: 182 sqm | Building size: 300 sqm [Measure] | Distance: 7.6 km to CBD; 254 metres to Ripponlea Station [Transport] |
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Map | Nearby prices | Property Description: | Situated in arguably one of Melbourne's most tightly held & most sought after Ripponlea Village shopping strip. Comprising this unique 2 level 3 in 1 - Retail/Dwelling/Studio - Warehouse in this well maintained building. Comprising of: - Gross building area 300sqm*. - Land dimensions: frontage 5.97m* x depth 30.48m*. - Commercial 1 zone - Current rent $54,079 p.a. plus outgoings with scope to improve - Lease expires 31-08-18 with no options to renew. - Rear roller access via ROW - Excellent condition throughout - Versatile layout - Includes quality 1st floor residence - Ground floor - Larger open retail area with rear studio/warehouse with rear roller door access - 1st Floor & well appointed 2 BR residence with modern kitchen & bathroom with large rear studio Ideal opportunity for the passive investor or future occupier/developer (subject to council approval) Open for inspection: Tuesday 16th May 12-12.30pm Auction Wednesday 17th May at 2pm onsite *approx Lot/Plan No: 1/TP188399 | Planning History: | | [22 Nov 2007] installation of air conditioning unit to existing building | | [26 Oct 2012] use of the premises as a Restricted Recreation Facility (Pilates studio) | | [29 Aug 2014] use of the premises as a Restricted Recreation Facility (Pilates studio), with the following amendments: - Expand the type of classes provided to include Yoga, Dance-Based workouts, Gyrotonics and Barre; - Extend the hours of operation as follows: Ap | | [02 Jun 2015] Proposed Identification signage, mailbox and video door bell at front door/entrance. | Search neighbour's planning permit | Property report from Government |
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