Rare, Land Rich Generational Freehold | Incredible Flexibility - Redevelop, Invest or Occupy
2201-2209 Point Nepean Road, Rye VIC 3941
Auction 14/05/24
Commercial LandSize: n/a
Block size: 1203 m² approx.
+ First time offered in over 30 years!
+ A rare opportunity to acquire a significant commercial land parcel in one of Melbourne's most tightly held coastal holiday destinations
+ Incredible flexibility - redevelop, invest or occupy**
+ Beachfront 1,203sqm* landholding with massive 26.4m* street frontage, allowing for 5 individual shop fronts and an ability to build up to 3 levels**
+ Immaculate, existing 470sqm* building, including a fully serviced kitchen, two separate bars, staff amenities, male and female toilets, office space, and a beer garden
+ Premium Commercial 1 zoning allows for a variety of uses including retail, office, childcare, service station/convenience, fast food and medical
+ Potential for residential, mixed use, hospitality and hotel/motel uses!**
+ Direct exposure to Point Nepean Road, the main thoroughfare through the Mornington Peninsula, servicing over 21,000 vehicles passing the site daily***
+ Important rear lane access, providing potential for patron and/or staff off-street car parking, with an additional abundance of free public parking available both on the street and at the Woolworths Car Park (40m away)
+ Tenant has given notice to vacate the premises at the expiration of their lease term dated 31st August 2024
+ Property to be sold along with Liquor License
+ Blue chip retail location in the heart of the Rye Town Centre, opposite the Rye East Camping Sites (87 Sites) and less than 700 metres* from Woolworths, BWS, Thirsty Camel, Bakers Delight, Amcal Pharmacy, BP, Rye RSL, Rye Hotel and Rye Yacht Club
+ Booming bayside destination, Rye has a median house price of $1,110,000 up 60% since April 2020 ****
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people*****
To be sold via Investment Portfolio Auction 168
10:30am (AEST) Tuesday 14 May 2024
River Room, Crown Casino, Melbourne.
*Approximate
**Subject to Council Approval
***GapMaps
****Realestate.com.au
*****Mornington Peninsula Shire
+ A rare opportunity to acquire a significant commercial land parcel in one of Melbourne's most tightly held coastal holiday destinations
+ Incredible flexibility - redevelop, invest or occupy**
+ Beachfront 1,203sqm* landholding with massive 26.4m* street frontage, allowing for 5 individual shop fronts and an ability to build up to 3 levels**
+ Immaculate, existing 470sqm* building, including a fully serviced kitchen, two separate bars, staff amenities, male and female toilets, office space, and a beer garden
+ Premium Commercial 1 zoning allows for a variety of uses including retail, office, childcare, service station/convenience, fast food and medical
+ Potential for residential, mixed use, hospitality and hotel/motel uses!**
+ Direct exposure to Point Nepean Road, the main thoroughfare through the Mornington Peninsula, servicing over 21,000 vehicles passing the site daily***
+ Important rear lane access, providing potential for patron and/or staff off-street car parking, with an additional abundance of free public parking available both on the street and at the Woolworths Car Park (40m away)
+ Tenant has given notice to vacate the premises at the expiration of their lease term dated 31st August 2024
+ Property to be sold along with Liquor License
+ Blue chip retail location in the heart of the Rye Town Centre, opposite the Rye East Camping Sites (87 Sites) and less than 700 metres* from Woolworths, BWS, Thirsty Camel, Bakers Delight, Amcal Pharmacy, BP, Rye RSL, Rye Hotel and Rye Yacht Club
+ Booming bayside destination, Rye has a median house price of $1,110,000 up 60% since April 2020 ****
+ Mornington Peninsula Shire: Tourism has seen a 55% increase from the previous year with total domestic tourists reaching 8.23 million people*****
To be sold via Investment Portfolio Auction 168
10:30am (AEST) Tuesday 14 May 2024
River Room, Crown Casino, Melbourne.
*Approximate
**Subject to Council Approval
***GapMaps
****Realestate.com.au
*****Mornington Peninsula Shire
Inspections
No open inspections scheduled.
Send an enquiry
Contact Rick Jacobson to learn more about this property, request an inspection or take an online tour.
Auction
Tuesday 14 May, 10:30am
Crown Casino - River Room - Melbourne
Key details
Property type:
Commercial Land
Block Size:
1203 m²*
Other Details
Lot:
4
Plan:
LP57560
Legal description:
4\LP57560
Maps and area information
Block information
Block size: 1203m² (approx)
Legal description: 4\LP57560
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
We couldn't find any history for this property.
See Rye's suburb profile
Rye suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
52 years
Population
9,438
Listing ID: 182451862. This listing has been viewed 1 time. It was first displayed on 16/04/2024 and last updated on 18/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.