Gross Waddell ICR is pleased to offer 63 Glen Eira Road, Ripponlea. In this tightly held precinct which offers a vibrant shopping/ service strip which is strongly supported by the local residents.
This kind of opportunity does not come along too often so here's your chance to hit the ground running. This premises provides a serviced restaurant premises ready for your touches. You'll be saving big $ on set up with this property.
Note: The Owner is seeking an experienced party with good restaurant credentials.
Key Features Include:
Ground Floor: 143m2*
Full Kitchen area serviced with gas lines, hand basins, sinks ready for your equipment
WI refrigeration
Existing flue/canopy x 2
Grease trap
Bar/front of house service
DDA compliant toilet plus additional M&F
Rear laneway access
*Denotes Approx*
The size of Ripponlea is approximately 0.3 square kilometres. It has 2 parks covering nearly 3.5% of total area. The population of Ripponlea in 2016 was 1576 people. By 2021 the population was 1532 showing a population decline of 2.8% in the area during that time. The predominant age group in Ripponlea is 30-39 years. Households in Ripponlea are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ripponlea work in a professional occupation.In 2021, 49.70% of the homes in Ripponlea were owner-occupied compared with 43.60% in 2016.
Ripponlea has 938 properties. Over the last 5 years, Houses in Ripponlea have seen a 1.54% increase in median value, while Units have seen a 4.11% increase. As at 30 November 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.