SOLD
Sold on 02 Feb 2024 for $1,475,000

3/2319 Point Nepean Road
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 150m2
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Property Details for 3/2319 Point Nepean Rd, Rye

Building Type
Commercial
Land Size
150m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS310701

Last Listing description (October 2023)

Belle Property Commercial is pleased to offer Shop 3, 2319-2327 Point Nepean Road, Rye for lease.

Located on the corner of Point Nepean Highway and Lyons Street.

Key Features:

- Tenancy Area: 37.5sqm*
- Self-contained
-May suit a variety of uses (STCA)

Inspections by appointment.

For further information please get in touch with the leasing and marketing agents:

Daniel Roccisano 0428 839 789
daniel.roccisano@belleproperty.com

Nick Mavrodoglos 0402 318 825
nick.mavro@belleproperty.com

*Approx.

Property History for 3/2319 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,475,000
02 Feb 2024
Listed for Rent
19 Sep 2023
  • 02 Feb 2024
    Sold for $1,475,000
  • 09 Aug 2023
    Listed for Rent - Price not available
  • 14 Feb 2023
    Listed for Rent - Price not available

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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 9,986 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 90 properties listed for sale, and 10 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 313 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.