Share this property

Directions

19 Glen Eira Road Ripponlea, VIC 3185

Directions

Sold

19 Glen Eira RoadRipponlea, VIC 3185

Retail
Sold Price

Contact Agent

Floor area

77.0m²

Parking info

Nil

Zoning

Commercial 1

Tenure type

Tenanted Investment

Sold on

20 Apr 2018

PRIME RIPPONLEA FREEHOLD

  • Ideal SMSF Investment
  • 3 + 3 + 3 Year Lease
  • Rental Income: $35,000 pa (approx)

• 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.

Property ID: 502761522Last Updated: 26 Jun 2018

Agency contacts

Beller Commercial - MELBOURNE

View Profile

Beller Commercial - MELBOURNE

Level 1, 107-111 High Street
PRAHRAN, VIC 3181
progress tick

Sending email...

Email enquiry

Send to:

All Agents
Beller Commercial - MELBOURNE
19 Glen Eira Road Ripponlea, VIC 3185

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,