58 Peninsula Avenue, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

58 Peninsula Avenue
Rye VIC 3941

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 800m2
Land area: 4006m2
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Property Details for 58 Peninsula Ave, Rye

Building Type
Commercial
Floor Size
800m2
Land Size
4006m2
Local Government
Mornington Peninsula
Lot/Plan
4/LP88863

Last Listing description (July 2016)

PENCON GARDEN SUPPLIES AND MINI MIX CONCRETE IS A FAMILY OWNED AND OPERATED BUSINESS LOCATED AT RYE ON VICTORIA S MORNINGTON PENINSULA. PENCON HAS BEEN SERVICING THE AREA FOR OVER 50 YEARS. PENCON SPECIALIZE IN SUPPLYING CONCRETE, SAND, SOIL, MULCH, PEBBLES, TRUCK HIRE AND GARDEN AND BUILDING SUPPLIES, CATERING TO THE NEEDS OF LOCAL CONSUMERS, LANDSCAPE DESIGNERS, GARDEN MAINTENANCE AND BUILDING INDUSTRY PROFESSIONALS. PENCON IS SITUATED ON 4000 SQUARE METRES OF LAND IN RYE S INDUSTRIAL ESTATE AND HAS EXCELLENT VISIBILITY AND EXPOSURE FROM PASSING TRAFFIC ALONG MELBOURNE ROAD.LAND:OFFICE BLOCK, SHOW ROOM AND LUNCH ROOM.2 X STORAGE SHEDS1 X MINI MIX PLANT 3 CUBIC METRE CAPACITY34 TONNE CEMENT SILOAPPROX. 40 CONCRETE BINSUNDERGROUND 9000 LITRE FUEL TANK / PUMPPLANT:1 X 2010 KENWORTH T908 TIPPER1 X 2011 BTE 3 AXE DOG TRAILER WITH P.B.S1 X 2000 7M GHG HINO TIPPER1 X 2007 4M HINO TIPPER1 X 2013 2M HINO TIPPER1 X 2009 2M HINO TIPPER1 X 2007 2M ISUZU TIPPER1 X 2014 2.6M HINO MIXER1 X 2008 2.6M HINO MIXER1 X 2004 2.6M HINO MIXER1 X 2000 2.6M HINO MIXER1 X 2008 VOLVO LOADER1 X 2010 KUBOTA LOADER1 X 2000 CAT FORK LIFT / 2.5 TONNEPLUS STOCK AT DATE OF SALE.

Property History for 58 Peninsula Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$3,000,000
06 Apr 2022
  • 06 Apr 2022
    Sold for $3,000,000
  • 13 Sep 2016
    Sold for $1,000,000
  • 08 Jul 2016
    Listed for Sale $3.5 MILLION
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 8.39% increase in median value, while Units have seen a 14.03% increase. As at 28 February 2026:

  • The median value for Houses in Rye is $1,019,442 while the median value for Units is $630,850.
  • Houses have a median rent of $600 while Units have a median rent of $510.
There are currently 75 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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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.