Positioned within a quiet and peaceful court, this impressive 2,599sqm (approx.) property offers a rare combination of space, lifestyle and future potential in one of Rye's most desirable locations.
The property is currently home to a stylish and modern two-bedroom residence, providing comfortable accommodation and an ideal base while you plan and progress your vision for the site.
With Rye beach, shops, cafes and local amenities all within easy walking distance, this is a location that delivers the best of the Mornington Peninsula lifestyle - whether you're seeking a permanent coastal home, weekend retreat or an investment with exciting future possibilities.
For those looking to create their dream permanent residence, the existing two-bedroom home provides an excellent accommodation solution while building plans and approvals are being considered and progressed (STCA). The existing dwelling also presents as a dual occupancy or granny-flat accommodation (STCA), offering the flexibility to accommodate extended family, guests or potentially generate additional rental income.
The substantial landholding provides an exceptional canvas for the future, with potential to design and build a significant new residence that could take advantage of bay views, particularly with an elevated design (STCA).
Opportunities of this size, in such a convenient coastal setting, are increasingly difficult to find. Whether your vision is to build a magnificent permanent home, create a flexible family compound, explore dual-occupancy possibilities or simply secure a substantial parcel of land in a tightly held part of Rye, this property offers an exciting foundation for the future.
Property Features
• 2,599sqm (approx.) of substantial land
• Modern 2-bedroom residence
• Quiet and private court location
• Walking distance to Rye beach, shops, cafes and amenities
• Potential for bay views from a future elevated residence (STCA)
• Exceptional opportunity to build a substantial permanent home
• Existing residence provides comfortable accommodation during the planning and approval process
• Accommodate extended family or generate additional rental income
• Rare combination of land, location and future potential
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