Gross Waddell ICR is pleased to offer for sale 9 Oak Grove, Ripponlea. Opportunities of this calibre are exceptionally rare, a whole block of 12 apartments positioned just metres from Ripponlea's thriving retail village and a merely 150 m* from the train station, placing residents at the very heart of one of Melbourne's most beloved and tightly held inner suburbs.
In a market where well-located apartments continue to appreciate, this is a true blue-chip offering that presents both immediate value-add potential and compelling long-term wealth creation. Whether held in one line to capitalise on the sustained upward pressure on inner-city rents or strata titled for individual sale (STCA), astute investors will recognise that blocks of this quality, in a location this central, rarely come to market.
• 9 x 2-bedroom and 3 x 1-bedroom apartments offering quality accommodation
• Strong holding income with significant rental upside
• Solid construction, low maintenance, and ideally positioned for ongoing strong tenant demand
• Potential for strata sell-down (STCA) or to be held in one line to capitalise on low vacancy rates and sustained upward pressure on rents
• Generous 691 sqm* landholding within the Neighbourhood Residential Zone (NRZ)
• Enviable position just steps from Ripponlea's thriving retail village, brimming with boutique cafes, restaurants, and everyday conveniences along Glen Eira Road
• An exceptional 150 m* to Ripponlea train station, offering residents immediate and effortless access to the CBD and broader Melbourne
• Moments to trams along Carlisle Street and Brighton Road, further enhancing the property's outstanding connectivity
• Proximity to elite education facilities including Caulfield Grammar, Mount Scopus, and St Michael's Grammar
The property will be sold via an Expressions of Interest closing Thursday the 4th June 2026 at 3:00 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
*Approx.
Remember to mention you found this property on CommercialReady
Gross Waddell ICR is pleased to offer for sale 9 Oak Grove, Ripponlea. Opportunities of this calibre are exceptionally rare, a whole block of 12 apartments positioned just metres from Ripponlea's thriving retail village and a merely 150 m* from the train station, placing residents at the very heart of one of Melbourne's most beloved and tightly held inner suburbs.
In a market where well-located apartments continue to appreciate, this is a true blue-chip offering that presents both immediate value-add potential and compelling long-term wealth creation. Whether held in one line to capitalise on the sustained upward pressure on inner-city rents or strata titled for individual sale (STCA), astute investors will recognise that blocks of this quality, in a location this central, rarely come to market.
• 9 x 2-bedroom and 3 x 1-bedroom apartments offering quality accommodation
• Strong holding income with significant rental upside
• Solid construction, low maintenance, and ideally positioned for ongoing strong tenant demand
• Potential for strata sell-down (STCA) or to be held in one line to capitalise on low vacancy rates and sustained upward pressure on rents
• Generous 691 sqm* landholding within the Neighbourhood Residential Zone (NRZ)
• Enviable position just steps from Ripponlea's thriving retail village, brimming with boutique cafes, restaurants, and everyday conveniences along Glen Eira Road
• An exceptional 150 m* to Ripponlea train station, offering residents immediate and effortless access to the CBD and broader Melbourne
• Moments to trams along Carlisle Street and Brighton Road, further enhancing the property's outstanding connectivity
• Proximity to elite education facilities including Caulfield Grammar, Mount Scopus, and St Michael's Grammar
The property will be sold via an Expressions of Interest closing Thursday the 4th June 2026 at 3:00 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
*Approx.
Remember to mention you found this property on CommercialReady
9 Oak Grove, Ripponlea VIC 3185
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