4/2217-2231 Point Nepean Road, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

4/2217-2231 Point Nepean Road
Rye VIC 3941

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
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Property Details for 4/2217-2231 Point Nepean Rd, Rye

4/2217-2231 Point Nepean Rd, Rye is a 3 bedroom, 3 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Mornington Peninsula

Last Listing description (January 2021)

Covid Restictions apply, so please book to attend the property and this applies to any open for inspections and private inspections please contact me on 0417161339 to book an appointment.

"The Pinnacle at Rye residents can enjoy the best of both worlds: a luxury home in the heart of the vibrant beach front suburb of Rye and a private retreat directly opposite the beach, with fantastic views of the bay and with indoor entertainment spaces flowing seamlessly onto spacious terraces and, for most, large roof-top decks. A truly amazing complex!".

HOUSE-SIZED RESIDENCE
Defying the norm when it comes to scale, this superior sized apartment encapsulates the very best of multi-residential living. Emulating the size of an average home, and detailed to the nth degree, bringing a new calibre of multi-residential living to the beach front suburb of Rye.

Lifestyle is enhanced with two large north facing balconies and state of the art kitchen add to the livability of this residence. The Pinnacle at Rye sets a new benchmark not only in everyday living, but also in the way you entertain guests.

Expressed with unique joinery elements and stone benches throughout, and bedrooms with built-in-robes giving every member of the family the space they deserve.

Approximately 184.98m2 in total size, this apartment directly overlooks the bay and is split over two levels. This 3 bed, 3 bath unit also showcases an additional study.

It will be years before properties comes on the market that match the position or facilities provided here with, spectacular use of space, views and the enviable location. The ideal scenario to combine spectacular position and quality with low maintenance whilst assured of security and serenity amidst calibre neighbours. 'The Pinnacle' delivers luxury finishes and first class 'resident only' facilities in a position loaded with lifestyle advantages.

Capitalise on this scarce opportunity to secure an exclusive park-front residence within the Peninsulas new residential icon.

Everything is literally at your fingertips with the shopping centre, Doctors, beach/foreshore, Rye Bowls Club and the RSL all only a casual stroll away. The apartments are also within close proximity to caf's, golf courses, wineries and the beautiful Peninsula hot springs.

This brand new apartment offers a very rare opportunity to purchase an affordable beach side residence.

Property History for 4/2217-2231 Point Nepean Rd, Rye, VIC 3941

A timeline of how this property has performed in the market
  • 09 Dec 2020
    Listed for Sale Contact Agent
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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 22.76% increase in median value, while Units have seen a 31.01% increase. As at 30 November 2025:

  • The median value for Houses in Rye is $1,011,841 while the median value for Units is $633,986.
  • Houses have a median rent of $593 while Units have a median rent of $490.
There are currently 69 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 348 properties were sold in the past 12 months in Rye.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.