FOR SALE
$1,450,000 to $1,550,000

1,2,3 & 4/73 Field Street
Rye VIC 3941

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Land area: 893m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Four Units on One Title, Golden Opportunity.

A rare opportunity with endless options, this unique property sits on a generous allotment of 893sqm (approx.).
The property includes four, two bedrooms units, nestled in the heart of Rye, this property is just moments away from pristine beaches and vibrant local attractions. Enjoy the convenience of nearby shopping precincts, gourmet dining options, and recreational facilities that cater to all ages. Rye Primary School and other reputable educational institutions are within easy reach, making it the perfect choice for savvy investors.
Unit 1,2,3 & 4 three are permanently rented at a yearly amount of $86,748 approx. an amazing return.
Unit 1 $2080 per calendar month or $24,960 per year approx.
Unit 2 $1738 per calendar month or $20,856 per year approx.
Unit 3 $1673 per calendar month or $20,076 per year approx.
Unit 4 $1738 per calendar month or $20,856 per year approx.
Each of the four units enjoys two generous bedrooms, open plan living and dining, fully equipped kitchens and bathroom with laundry facilities. Renovate as desired or redevelop (STCA), the options are endless.
Situated within walking distance of shops, schools and crystal blue waters, this is an ideal location with a fantastic return for astute investor.
View Statement of Information

Property Details for 1,2,3 & 4/73 Field St, Rye, VIC 3941

123 & 4/73 Field St Rye VIC 3941 is a 8 bedroom, 4 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 893m2. The place is currently for sale with Stockdale & Leggo Rye.

Building Type
BlockOfUnits
Land Size
893m2

Commute Calculator

About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Rye has 10,004 properties. Over the last 5 years, Houses in Rye have seen a 50.70% increase in median value, while Units have seen a 25.50% increase. As at 30 September 2024:

  • The median value for Houses in Rye is $1,041,400 while the median value for Units is $607,386.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 81 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 309 properties were sold in the past 12 months in Rye.

Rye Profile Page

Suburb Insights for Rye 3941

Visit Rye profile page
Market Insights
Rye Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Rye Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Rye profile page
Contact agent
Ben Kenyon
Show contact details
Call agent
Joe Falzon
Show contact details
Call agent
Stockdale & Leggo Rye
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED