TSet in a quiet, elevated pocket of Rye, this is not a conventional property. It's a large landholding (over ½ acre) with expansive views, currently leased and best suited to buyers taking a longer-term view.
The property is tenanted until April 2028, providing holding income while you plan your longer-term use. Whether that's a future coastal move, holding onto a large block with views that are increasingly hard to come by, or a more substantial redesign, the value here sits in the combination of position, scale, and outlook.
The home itself is well presented and functional, with three generous bedrooms, a study, and flexible living zones. The open-plan kitchen, dining and lounge connect to an expansive balcony with wide views, including sunsets to the west and Arthurs Seat to the east.
Direct access to French Street Reserve through native bushland enhances the sense of privacy and separation, while still being a short 300m walk to the local café and within easy reach of beaches, walking trails, golf courses, spas and all the Peninsula has to offer.
Important considerations:
· Steep driveway not for all buyers, but key to the elevation, privacy and views; looks more intimidating than it is. Pedestrian access also available via private bush path to French Street Reserve (ideal for dogs)
· Tenanted property limited inspection availability; best suited to buyers comfortable purchasing with minimal disruption
This is a selective opportunity for a buyer who understands the trade-offs and sees the long-term upside.
Inspection by appointment only.
