FOR SALE
$950,000 to $1,045,000

43A Wondaree Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 100m2
Land area: 266m2
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Rare Boutique Commercial Opportunity with Residential Apartment

An exceptional opportunity to secure a boutique commercial shop paired with a spacious upstairs 3-bedroom, 1-bathroom apartment all on one title. This unique property sits on a 266 sqm corner allotment in a quiet yet strategic location, offering flexibility for both business and residential purposes.
Key Features:
Ground Floor Commercial Space:
• Equipped with a front retail counter and customer sales floor.
• Two functional kitchens, 2 cool rooms, and a laundry toilet.
• Outdoor detached large storage with additional cool room.
• Convenient designated parking for multiple vehicles.
• Potential for retail, café, or hospitality use.
• Undercover deck.
Upstairs Apartment:
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Property Details for 43a Wondaree St, Rye

43a Wondaree St, Rye is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 266m2 and floor size of 100m2. The place is currently for sale with Hodges Rye.

Building Type
House
Floor Size
100m2
Land Size
266m2

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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 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Rye.

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Daniel Chessari
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