OFF MARKET

19 Shirlow Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 93m2
Land area: 784m2
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Property Details for 19 Shirlow Ave, Rye

19 Shirlow Ave, Rye is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 784m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1960
Floor Size
93m2
Land Size
784m2
Local Government
Mornington Peninsula
Lot/Plan
64/LP21135

Last Listing description (February 2022)

The Dolphin and The Starfish Cottages are 2 separate and self-contained cottages located just 250m from the Rye bay beach, a flat 800m walk to nearby shops, cafes, supermarket and restaurants. Currently a very successful holiday rental property with history of rental income of approx. $100,000per annum and projected earnings of $120,000 for 21/22 FY. This property represents an outstanding positively geared return to the astute investor looking to grow their portfolio. 2 side-by-side cottages on the premises offering a total of 5 bedrooms, 2 bathrooms, light filled living areas and outdoor entertaining areas, modern kitchen and bathrooms. With the Mornington Peninsula and all that it offers at your doorstep - pristine bay and ocean beaches, world class wineries & golf courses and only a few minutes to the Rye Township.
Offered as a "turn key" proposition for a seamless transition for the successful continuation of this outstanding investment venture - with revenue, forward booking and inventory schedules available upon request. Private Inspection Only due to multiple on-going forward booking is essential.

The Starfish Cottage

Spacious cottage with an open plan living area, comprising of kitchen, living area with TV/DVD, Chromecast, indoor fireplace and dedicated workspace. There are split systems AC (heat/cool) in the living room and 2 out of the 3 bedrooms. Kitchen with dishwasher, microwave, cook top, fridge/freezer, mixer with water filter and oven. It sleeps 6 guests and has 3 bedrooms, two of which have a queen bed each and the third bedroom with 2 singles. The bathroom has a large walk in shower, washer and dryer. The living room has a bi-folding door providing access to the deck and private courtyard. There is also an outdoor hot/cold shower at the back of the cottage handy after a day on the beach. The courtyard is private, fully fenced, has a large deck with BBQ plus a fire pit for those cold evenings. There is onsite parking for at least 4 vehicles, boat, jet ski or kayaks.

The Dolphin Cottage
The home has plenty of space with an open plan living area, comprising of kitchen, living area, indoor fireplace and a ceiling fan. There is also a dedicated workspace area. The kitchen has a cook top, microwave, fridge/freezer, rangehood, mixer with water filter and oven. It sleeps 4 guests and has 2 bedrooms. One bedroom has a queen bed, the other bedroom has a bunk bed with 2 singles and a TV/DVD combo. Both bedrooms have a split system AC/heater. There is a large bathroom comprising of a shower and a freestanding bathtub. The living room has a bi-folding door providing access to the deck and private courtyard. There is also an outdoor hot/cold shower handy after a day on the beach. The large private courtyard (150m2) is fully fenced with private outdoor deck/dining area and BBQ. There is onsite parking for either a car, boat, jet ski or kayaks.
ATTENDANCE IS STRICTLY BY APPOINTMENT ONLY!

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Property History for 19 Shirlow Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,600,000
31 Jan 2022
  • 31 Jan 2022
    Sold for $1,600,000
  • 12 Feb 2021
    Listed for Sale $1,400,000
  • 04 Feb 2017
    Sold for $550,000
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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 9,999 properties. Over the last 5 years, Houses in Rye have seen a 45.73% increase in median value, while Units have seen a 32.23% increase. As at 31 October 2024:

  • The median value for Houses in Rye is $1,030,203 while the median value for Units is $649,156.
  • Houses have a median rent of $590 while Units have a median rent of $480.
There are currently 91 properties listed for sale, and 9 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Rye.

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