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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
A19 Glen Eira Road, Ripponlea
Sold $206,000 in Jul 1999 [Rectify]
Last Sold $149,000 in Nov 1993
Rent $22,100pw in Nov 2011
Commercial Property
Land size: 77 sqm | Building size: 77 sqm [Measure]
Agent: Beller Commercial - MELBOURNE
Distance: 7.5 km to CBD; 95 metres to Ripponlea Station [Transport]

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Map | Nearby prices
Property Description:
Current Rental Income: $35,000 per annum*
New lease commencing: 26/04/2018
Rental Increases: Fixed 4% annually
Building Area: 108 sqm (approx)
Zoning: Commercial 1
Ripponlea Train Station at your doorstep
Flexible ground and first floor office/retail space
Beller Commercial is pleased to offer for sale this affordable investment opportunity located in the heart of Ripponlea. Fully leased to a long-term tenant with an excellent secure rental return, providing a budget buy and an ideal SMSF investment.
The commercial property, a double storey freehold, is well positioned in the highly sought after suburb of Ripponlea, surrounded by well-known brands like IGA X-press, Ripponlea Food & Wine and one of the world’s top 50 restaurants, Attica.
It is the first time this property has been offered for sale in 20 years and an opportunity not to be missed.
Lot/Plan No: 2/LP27124
Planning History:
[30 Sep 2003] Two refrigeration units, one sign and one airconditioning unit (retrospective).
 
[16 Nov 2004] installation of signage, one air conditioner unit and two compressors.
 
[01 Mar 2005] Installation one air conditioner unit and two compressors on the roof of the building.
Search neighbour's planning permit
Property report from Government
Recent sold:
AddressDatePrice
5/199 Hotham StreetMay 2024$675,000
5/142 Brighton RoadApr 2024$676,000
2/98 Brighton RoadMar 2024$525,000
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The property data is from the auction results and realestate websites.

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