13/12 Maryville Street, Ripponlea VIC 3185

Art Deco rarity | renovated with original detail | walk-to-everything location | rising building comps The property occupies a genuinely scarce position in Ripponlea’s tightly held Art Deco stock, combining a full renovation with preserved period character in a boutique block of only 14 units. For a buyer seeking immediate occupation without compromising on aesthetic appeal, the kitchen and living upgrades remove the cost and disruption of post-purchase work. The building’s manicured grounds and water feature lift the communal offer above typical period apartment blocks, while the location – within walking distance of Ripponlea Station, the village, and the beach – serves downsizers, professional couples, or investors targeting Port Phillip’s enduring rental demand. Comparable sales in the same building confirm recent price growth, reinforcing the property’s alignment with a rising market. The primary risk is the auction format and the compressed price guide relative to the building’s recent $750,000 sale, which may draw competitive bidding and push the final price above the top of the range. The property’s single bathroom and absence of dedicated laundry space are functional constraints for owner-occupiers expecting full amenity. On the opportunity side, the 2017 purchase history suggests a vendor with significant equity, potentially open to a pre-auction offer if the campaign lacks depth. FTTP broadband is available, adding a minor convenience layer for remote workers. The unit’s position within a low-density, well-maintained block also offers insulation from oversupply risks affecting newer high-rise stock.