55 Marshall St, Tootgarook is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1065m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last transferred in March 2018.
This charming original 2-bedroom cottage is set on a generous flat block of 1065sqm (approx.), offering an exceptional opportunity for future development in the sought-after coastal area of Tootgarook on the Mornington Peninsula. Situated just 600 meters from the beach and within walking distance to the Rye Village shops, this property provides the perfect blend of convenience and potential.
Currently tenanted to an A-grade long term tenant at $1782 per calendar month, this home offers a steady income stream while you plan for the future. Whether you are looking to renovate and extend, rebuild, or create your forever seaside home, this property presents an exciting opportunity to capitalise on its prime location.
With its spacious land size, proximity to the beach, and close access to local amenities, this is a rare chance to secure a property with incredible potential in one of the Peninsula's most desirable locations. Don't miss out on the chance to make your mark in Tootgarook and design your dream coastal escape.
The size of Tootgarook is approximately 3.5 square kilometres. It has 10 parks covering nearly 6.7% of total area. The population of Tootgarook in 2016 was 2869 people. By 2021 the population was 3178 showing a population growth of 10.8% in the area during that time. The predominant age group in Tootgarook is 50-59 years. Households in Tootgarook are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tootgarook work in a trades occupation.In 2021, 67.80% of the homes in Tootgarook were owner-occupied compared with 67.40% in 2016.
Tootgarook has 2,982 properties. Over the last 5 years, Houses in Tootgarook have seen a 15.11% increase in median value, while Units have seen a 36.84% increase. As at 31 December 2025:
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