2123-2135 Point Nepean RoadRye VIC 3941
Property Details for 2123-2135 Point Nepean Rd, Rye
Last Listing description (December 2021)
Available for the first time in almost 30 years, Teska Carson are pleased to offer what we believe to be the best development site available on the Mornington Peninsula.
Overlooking Port Philip Bay, a myriad of potential beachfront uses come to mind; whether it be residential, mixed use, hospitality, hotel/motel (STCA), this never to be repeated opportunity is available for your consideration.
- Land Area: 1922sqm
- Frontage of almost 34 metres to Point Nepean Hwy
- Multi-level development offering (STCA)
- Close to life style amenities.
Located directly opposite the Rye foreshore and Yacht Club, and adjacent to one of the Peninsulas main retail precincts anchored by Woolworths, 2123-2135 Point Nepean Road could not be in a better position for amenity and services.
Expressions of Interest closing: Wednesday 6 October 2021 at 3pm.
For further information please do not hesitate to contact the listed agents.
Property History for 2123-2135 Point Nepean Rd, Rye, VIC 3941
- 22 Nov 2021Sold for $4,400,000
- 11 Aug 2021Listed for Sale Contact Agent
- 03 Jul 2015Listed for Rent $64,992 / year
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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 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 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:
- The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
- Houses have a median rent of $593 while Units have a median rent of $493.
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