This rare opportunity to sure this blue-chip site, overlooking the pristine waters of Rhyll and showcases a spectacular 180-degree panoramas across Westernport and Rhyll's Boat Ramp and with view of Bass off in the distance across the bay. 764sqm (approx) coastal allotment with mixed use zoning and a front-row seat to the bay, potential abounds for this landmark property.
You will be right amongst the action with the property being adjacent to cafes, only 40 metres from the Rhyll Tavern, 100 metres from the boat ramp/ jetty and just a short stroll to the licensed store.
With plans almost complete for a commercial shop and residential dwelling in place.
This property for sale in Rhyll, is proudly presented to you by Ray White Real Estate Phillip Island.
The size of Rhyll is approximately 16.1 square kilometres. It has 8 parks covering nearly 21.9% of total area. The population of Rhyll in 2011 was 674 people. By 2016 the population was 582 showing a population decline of 13.6% in the area during that time. The predominant age group in Rhyll is 60-69 years. Households in Rhyll are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rhyll work in a trades occupation. In 2011, 80.9% of the homes in Rhyll were owner-occupied compared with 81.8% in 2016.
Rhyll has 725 properties. Over the last 5 years, Houses in Rhyll have seen a 40.93% increase in median value, while Units have seen a 48.42% increase. As at 31 October 2024:
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