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Ripponlea Median Price
House$1,235,500
Unit$609,000
The House price is 20% lower than last year.
Surrounding suburbs
Balaclava$1,327,300
Elsternwick$1,937,100
Elwood$1,743,500
St Kilda East$1,501,100
Ripponlea 3185 Profile
Ripponlea rent price
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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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
Recent sold:
AddressDatePrice
5/142 Brighton RoadApr 2024$676,000
2/98 Brighton RoadMar 2024$525,000
2/136-138 Brighton RoadJan 2024$695,000
>>More records
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The property data is from the auction results and realestate websites.

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