Coastal building opportunity between the surf & the bay
Peppered with tranquil moonah trees on a sweeping 586m2 (approx) corner allotment, this southern peninsula parcel of land offers picturesque positioning to build a contemporary coastal hideaway (STCA) with a gentle slope allowing a design that sets you among the treetops
Among a sunseeker's playground of crystal coves, golfing greens, thermal springs, cafes, wineries, boating facilities and horse-riding trails, Yannuga Street is a short drive to a variety of coastal spoils, including both the calm beaches of Port Phillip Bay and surf breaks of Number 16 and Rye Ocean Beach.
An easy walk to Peninsula Pantry for weekend brunches before hitting the fairways at The Dunes or indulging in an afternoon soak at Peninsula Hot Springs, this long-adored coastal locale will also suit growing families just a few minutes' drive to the supermarkets, essential services and primary school of Rye town centre.
Just over an hour from Melbourne via the Mornington Peninsula Freeway, Rye has long encapsulated relaxed living for those who relish the good things in life yet within a commutable distance to the city, which will also offer tremendous appeal for builders in search of their next project or investors seeking the perfect site to construct a potential holiday rental (STCA).
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Belle Property is proud to be offering this property for sale. For further information, please contact Mal McInnes on 0415 502 316 mal.mcinnes@belleproperty.com
Disclaimer: Whilst every care has been taken in preparing the property information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence
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 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% 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 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.
Rye has 10,058 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:
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