FOR SALE
$600,000 - $660,000

5/2049 Point Nepean Road
Rye VIC 3941

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 143m2
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An Idyllic Investment Steps from the Beach

Ideally located just metres from the shoreline and with classic 70's interiors ripe for renovation, this tempting Peninsula classic awaits its next chapter.
A stone's throw from Rye's vibrant restaurant, caf and shopping hub, this detached villa is perfectly set with a garden frontage to Marshall Street, promoting peace and quiet away from the main drag.
Ideal for investors seeking an exciting portfolio addition, just a short stroll into town and across the road to the pristine waters of Port Phillip Bay.
Capturing the morning sunlight through a leafy aspect, the spacious dimensions welcome a living room with a split system heating and cooling unit and gas heating on entry. This leads to the separate meals and kitchen zone, equipped with gas cooking and access to the rear courtyard.
Two robed bedrooms offer comfortable accommodation beside the bright and immaculate bathroom. A separate laundry with access to the private and enclosed rear courtyard provides the perfect blank slate for your creative touch.
Split-system air conditioning and a single garage complete the picture for instant liveability now, while the perfect bones and ideal aspect provide a fantastic Peninsula gem to make your own!
With Rye being an hour from Melbourne and in immediate proximity to world-class wineries, golf courses, and fantastic beaches via the toll-free Peninsula Link, this property should be on top of your list. So, call now. You won't be disappointed.
Whilst all reasonable effort is made to ensure the information in this advertisement is current, Basso Real Estate does not warrant the accuracy or completeness of the data and information contained in this advertisement 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 advertisement.
We always recommend that Buyers obtain a building and pest inspection report before making an offer to purchase.
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Property Details for 5/2049 Point Nepean Rd, Rye

5/2049 Point Nepean Rd, Rye is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 143m2 and floor size of 89m2. The place is currently for sale with Basso Real Estate.

Building Type
Unit
Floor Size
89m2
Land Size
143m2

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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 81 properties listed for sale, and 13 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Ryan Deutrom
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Basso Real Estate
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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.