11 Observation Drive
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About this property
Build the home of your dreams in a sought-after lifestyle location with this 717m2 vacant parcel of land in Rye. Measuring approximately 42.7m by 16.8m with an existing driveway for easy access, there's plenty of room to build the perfect residence, whether it's a contemporary masterpiece or a charming cottage, without building removal costs. Established trees and gardens, including fruit trees, give you a ready-made leafy backdrop for your home no need to wait a generation for trees to grow to maturity enjoy the lush surrounds from day one. Rye Beach and foreshore cafes and restaurants are all within walking distance. Imagine starting your morning with a stroll along the foreshore, grabbing a coffee, enjoying a round on one of the first-class golf courses, taking in the scenery at Number Sixteen Beach, and ending the day with a wine from one of the local wineries life doesn't get better than this. For your everyday convenience, Woolworths, Rye Primary School, and public transport are also within walking distance, and Melbourne CBD is approx. 90 minutes away via the Peninsula Freeway. Vacant and leafy 717m2 parcel of land in Rye Approx. 42.7m deep with 16.8m street frontage No demolition or building removal is required Established trees and gardens + existing driveway Walk to Rye foreshore, shops, school, restaurants
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 717 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Rye
This land in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools. It is listed 35% below the $1.10m median of 67 comparable landswithin 5 km.
Schools near Rye
- Rye Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Ozone St/Bimble St (bus) — 399 m away
- BWS — 576 m away
- Recreation Reserve — 1.2 km away
- Unnamed — 1.4 km away
- Mathis Avenue Reserve — 1.6 km away
Rye at a glance
Full suburb profile- Population
- 9,438
- Median age
- 51
- Household income
- $1,334/wk
- Median rent
- $372/wk
- Median mortgage
- $1,800/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Rye price trend
Median sold · House 3 bed
Compound growth -6.7% / yr over 4 yrs
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Listing price changes
1 price change recorded for this property
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