SoldJun 1, 2026

12 Observation Drive, Rye, VIC, 3941

$630,000

3
1
2
0 m²
766 m²

House

30+ days on the market

Sold: Jun 1, 2026

What's around 12 Observation Drive

Golden Opportunity

For those with imagination and ambition, this brick veneer residence presents an exciting opportunity to create something truly special tucked nicely in behind the township, within easy walking distance. Not without the need for improving, this is a home where vision and effort will be rewarded, offering the chance to transform this home into a space that reflects your own style and aspirations. Perfect for first home buyers wanting a foothold into Ryes bustling real estate market or home renovators looking to build wealth. Set on a generous allotment of approx. 766m2 with ample room for a boat or caravan, the property provides flexibility rarely found at this entry point. Whether you are dreaming of expansive outdoor areas, enhanced storage or future extensions (STCA), the scope here is undeniable and ready to be explored. At the heart of the home sits an open plan kitchen, dining and living zone that forms a functional central hub. Three bedrooms are well positioned and serviced by a family sized bathroom (needing work per images) with a separate toilet for everyday convenience. Outside, the landscaping remains a blank slate, inviting you to design gardens and outdoor zones that bring your vision to life. From low maintenance surrounds to lush entertaining spaces, the opportunity to personalise every aspect of the outdoors is entirely yours. Within walking distance to Rye shops and Port Phillip Bay. This property is being sold as is and represents a rare and honest opportunity. Ideal for a first home buyer with vision, a savvy renovator or a skilled tradie seeking their next passion project, this is a genuine sale where potential and possibility take centre stage. Proudly marketed by Crowders Real Estate.

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Seller's review

3 days ago

Every step of the selling process was managed in an exemplary way by the team at Crowder Real Estate

From the get go Sam Crowder was our agent of choice. He is personable,and an excellent communicator who wanted the best result possible for us. He worked extremely hard to get this sale at a time when the market is not as buoyant. It’s easy to sell in a bullish market but give me the agent who will work even harder when the market has softened and thrives in the challenge. Sam was not detered by the challenges that he encountered and worked even harden to get a sale over the line. Thank you Sam, Narelle and all the team at Crowder Real Estate, Rye. I cannot recommend them highly enough.

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Seller
Seller

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