62 Highbury Road Rye, 3941 VIC

Develop, Land-Bank, or Build Luxury Home!

Vacant & near level land close to the coast in premium lifestyle regions such as the stunning Mornington Peninsula are increasingly rare – it can be easier to find a pot of gold these days say some; so act quickly to secure this slightly elevated 618m2 vacant allotment in a central Rye location, and start exploring your options.

Currently there are approved plans and a town planning permit in place to construct holiday-style accommodation with seven bedrooms and six bathrooms (contact Agent for details) – providing a clear opportunity for a builder/developer to invest in a prime parcel of land with a future income stream.

There is also the possibility, to custom design and build your own luxury lifestyle masterpiece – just how you like it, without fear of overcapitalising in this desirable location. Get creative and get excited; there is plenty of inspiration in and around Rye and neighbouring suburbs where there has been a wave of high-end builds in recent years.

Not ready to build yet? Maybe purchase and landbank until you are, or just to retain whilst your asset appreciates in value, and vacant land becomes even rarer.

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner.

Sold

$565,000

Inspect

Inspection of this property is available strictly by arrangement only.

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