40 Government Road, RyeVIC

Located in a highly sought after pocket of Rye, 500m to the pristine waters and soft white sands of Port Phillip Bay and just minutes to the Rye township, this opportunity is presented to the market for the first time in excess of 60 years.

Set on approx. 915 sqm, the property offers great value as you can choose to build a new and modern home on the block or for the astute developer subdivide and re-develop the site (STCA). If you don’t want to re-develop, you can simply move in and enjoy the Mornington Peninsula lifestyle with superb space inside and out. In the future you can renovate if you desire or use the home as an ideal lock and leave weekender
Set back from the street the property offers a private and secluded setting. Features include; four good sized bedrooms, an updated central bathroom, kitchen | dining area opening on to a north facing entertaining area. The kitchen comprises; island bench, 2 x 600mm Italian ovens, gas cooktop with 4 burners + wok, built-in microwave area. The main living area at the rear of the property opens up onto an additional entertaining area overlooking the yard.

Sub-division opportunities in the Rye area, so close to the beach area are rarely offered and this property presents a perfect opportunity for you to secure your future in this fantastic popular beach side destination.

Contact Cameron Gulliford 0403 561 700 cgulliford@rtedgarrye.com.au