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2 SCHUTT DRIVE, Rye$850,000

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2 SCHUTT DRIVE

Rye, VIC 3941, Australia

$850,000

1543 m²

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About this property

This blank canvas is an absolute rarity & only minutes from Rye Ocean Beach (Rye Back Beach) & similarly minutes from Rye Front Beach, presents a unique opportunity to build your ultimate coastal dream home that could include a tennis court & pool. This majestic lot is the last remaining piece of land that was released back in 1989 & the first time it's been back on the market. It should be noted that Rye Front Beach is recognised as one of the safest on the Mornington Peninsula particularly for underwater exploring whilst Rye Back Beach is a popular spot for surfing, fishing & walking. Gunnamatta back beach home to one of the Peninsula's best surf breaks, is just 8 mins away. Rye Boat ramp and Blairgowrie Marina are also close by. This prime lot is in a location second to none. Cafes, restaurants & hotels are only minutes away that offer almost every cuisine possible. Rye is known for it's beautiful beaches & commercial centre that overlooks the amazing Port Phillip Bay.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 1543 m²
Listed: 3 months ago

Repayment calculator

$4,121/month

$2,060 /fortnight

Loan $680,000 at 6.10% over 30 years

Upfront costs

Deposit$170,000

Stamp duty$46,070

Conveyancing (est.)$2,000

Total upfront$218,070

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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 10% below the $942,000 median of 78 comparable landswithin 5 km.

Schools near Rye

Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Glenvue Rd/Dundas St (bus) — 1.4 km away
Home Timber & Hardware — 2.3 km away
French Street Reserve — 1.4 km away
Mathis Avenue Reserve — 3.7 km away
Recreation Reserve — 3.8 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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