5 Yarrayne Street, Rye VIC 3941

Proudly perched behind a lush frontage and nestled within an enviable pocket of house-proud neighbours, this loving double-storey home is set to welcome new opportunity and new life, nestled only moment to the pristine coastline of Rye, Peninsula Pantry, and French Street Reserve.

An enticing combination of potential awaits, delivering impressive development possibility (STCA) or intriguing restoration, all whilst neatly packaged within a manageable allotment of 781sqm (approx.). Sporting a solid structure akin to its once stylish design, this three bedroom, one bathroom, split-level home shines with an abundance of light that fills every corner.

This home is rich with flair, delivering a unique floorplan laden with the heightened ceilings, sloped roof with exposed beams, free-flowing family domain, whilst the rear of the home is anchored by three bedroom, main bathroom with private WC and designated laundry. Downstairs, a dynamic space inclusive of kitchenette sits awaiting a teanagers retreat, home office or additional living.

The expansive garden comes with established trees and an abundance of evergreen foliage; with a coastal shrubbery backdrop, the sweeping rear yard would be a gardener's delight to shape and make their own. A private driveway leads to a generous landing, set well-back from the road, and offers ample off-street parking and space for a trailer, caravan or Jet Ski.

Perfectly positioned to enjoy all the spoils of genuine peninsula living, this home will appeal to renovators, those seeking a large project, or wishing for the space to rebuild.