Set in a sought-after pocket of Rye, 58 Valley Drive presents a rare and exciting chance to secure two properties on the one title the ultimate blend of lifestyle and investment.
The front residence is available with vacant possession - ready to be moved into, leased out, or stylishly updated to maximise its potential and features three spacious bedrooms, a central bathroom, two versatile living zones, a large kitchen and dining area, and a private courtyard ideal for outdoor entertaining.
To the rear, a second two bedroom, one bathroom dwelling provides immediate income security with a lease in place until June 2026. This dual dwelling setup creates an exceptional opportunity for investors, multi-generational living, or those looking to live in one and earn passive income from the other.
The location adds further appeal just minutes from Rye's vibrant shopping strip, cafés, restaurants, and the stunning foreshore. Beautiful bay beaches, Peninsula Hot Springs, golf courses, and award-winning wineries are all within easy reach, ensuring strong rental demand and lifestyle appeal year-round.
Whether you're seeking a set-and-forget investment, a flexible living arrangement, or a property with future growth potential, 58 Valley Drive delivers on all fronts.
Key Features:
· Dual dwelling property on one title
· Front property offered with vacant possession
· Rear dwelling tenanted until June 2026 immediate rental income stream of $400pw
· Ideal for investors, dual living or holiday letting (STCA)
· Prime Rye location close to shops, cafés, beaches, and attractions
*All distances and measurements are approximate only.
