RateMyAgentGo to search
Back 32 Fairhills Drive
Active

32 Fairhills Drive

Rye VIC 3941

4
2
866 m²
House
Currently for sale - view listing

Overview

Mortgagee Auction | Half-Built, Full Potential

Must Be Sold at Auction, No prior Offers. The situation is straightforward: the property is subject to a Mornington Peninsula Shire Council Building Order, issued as structural alterations and additions - including decking to both the east and west elevations - were carried out without building permits. The Council has issued a Stop Work Order. The incoming owner will need to either engage a private building surveyor to certify and rectify the works, or demolish and rebuild the unpermitted structures with proper approval. For those who know what they're doing, this is exactly the kind of project that delivers strong returns. Perched in an elevated position with great views across the Peninsula, this 4-bedroom, 2-bathroom home presents a rare opportunity for builders, investors, and savvy buyers ready to unlock serious potential. The property is partially complete with the hard work already underway - bathrooms are fully tiled, and the master bedroom features a walk-in robe and ensuite. The bones are here, the views are real, and the upside is undeniable. Highlights: 4 bedrooms | 2 bathrooms Elevated block with great views Bathrooms tiled, master with WIR & ensuite(unfinished) Partially completed - scope to finish to your own standard Council Building Order & Stop Work Order in place - full transparency Mortgagee sale - must be sold unconditionally at auction Buyers are advised to conduct full due diligence prior to bidding. Building Order documentation available in section 32. 10% deposit, 30/60/90 days

Features

4 bedrooms
2 bathrooms
866 m² lot size
House

Happy sellers in Rye

79%
79% of sellers in Rye reported that their sale price either exceeded or met their price expectations.

Rye stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 72 reviews in Rye over the last 12 months.

Local market activity for 4 bedroom houses in Rye

In the last 12 months, 87 four-bedroom houses similar to 32 Fairhills Drive, have been sold.

This represents a 32% increase in four-bedroom houses sales when compared to the previous 12 months.

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap