Ripponlea Median PriceThe House price is 20% lower than last year. Surrounding suburbs | 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 |
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