32 Fairhills Drive, Rye, VIC, 3941 - House Sold on 27 06 2026

SoldJun 27, 2026

32 Fairhills Drive, Rye, VIC, 3941

$611,000

866 m²

House

•

25 days on the market

Sold: Jun 27, 2026

What's around 32 Fairhills Drive

Mortgagee Auction | Half-Built, Full Potential

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