5 Pier Street, Rye VIC 3941

A property of this size & location are an extremely rare find these days. Comprising a generous 1,859m2 allotment ideally located a leisurely 800m stroll (approx) to Rye Beach, Pier and all that our vibrant shopping village has to offer is this privately situated retreat. Ideally positioned on the ridge of the block to offer superb tree-top & valley views this classic Rye weekender features: 3 bedrooms, separate bathroom and laundry, open plan lounge/ dining with galley style kitchen leading out to a spacious rear deck ideal for entertaining in the rustic surrounds. The option is yours to enjoy as a low maintenance weekender or put down a newly built, contemporary designed home or retreat of your choice whilst still having room for a tennis court, pool, extensive garaging and landscaping of this superb holding. The potential is also there to build up and enjoy a view to the bay & surrounding areas (STCA). Whether you choose to enjoy this blue chip holding now or lock away for future use and rent out as an investment property in the meantime, you simply can't go wrong with the rare size, location & price of this property. Currently tenanted on a month to month basis. Please inspect at advertised times where possible.