46 Rainbow Court, Rye VIC 3941

Like the pot of gold at the end of the rainbow, this fully renovated four-bedroom home with separate self-contained upstairs and downstairs living is perfect for savvy investors looking to capitalise on the thriving holiday rental market, or those on the hunt for their own sun-soaked weekender to share with family and friends. Backing onto a tranquil reserve and within walking distance of beautiful Tyrone Beach, enjoy the southern peninsula lifestyle with wonderful flexibility and total comfort. The open-plan upper level is light-filled with pitched ceilings, polished timber floors and large windows and sliding glass doors leading out to the entertaining balcony among the tree tops. Flaunting stainless-steel appliances and sleek white-gloss cabinetry, the kitchen has been newly updated, as has the bathroom with freestanding basin and separate toilet. Equally impressive, the lower-level two-bedroom apartment boasts a chic kitchenette and bathroom, open dining and living with floating timber floors, and sliding doors on two sides opening to a covered alfresco patio and north-facing sundeck. An exceptional find just a few minutes' drive to the cafes and bars of Rye, the home includes reverse-cycle heating and airconditioning, outdoor shower and rear alfresco courtyard overlooking a moonah forest on this low-maintenance 538sqm (approx) allotment behind automated gates.