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358 Dundas Street, Rye, VIC 3941, 0 Bedrooms, 0 Bathrooms, Section

Asking Price

Guidance Price $590,000-$650,000View agent price guide

358 Dundas Street, Rye, VIC 3941

256m2
SectionListed on Mon Mar 25
Price dropMornington Peninsula

Rye Blue Chip Retail/Residential Mixed-Use Site

Nestled in the heart of a coveted back beach locale, we are thrilled to present a rare opportunity. Welcome to an unparalleled mixed-use site, perfectly poised for both retail and residential endeavours. Enviably situated on the corner, this property boasts optimal exposure and unparalleled flexibility in design. The allure of the back beach location adds an irresistible charm, promising not just a place to reside or do business but a lifestyle imbued with coastal splendour. This exceptional property comes with conceptual plans that envision up to 10 single room bed sitters, offering a lucrative residential prospect. Alternatively, the space can be seamlessly adapted to accommodate a mix of retail shops and apartments, catering to diverse investment visions. With its Commercial 1 zoning, the property opens doors to a myriad of business opportunities, ranging from boutique retail establishments to trendy eateries, capturing the pulse of the local community and tourists alike (stca). This fusion of convenience and comfort presents an enticing proposition for urban dwellers seeking a vibrant coastal lifestyle. For those inclined towards the residential realm, envision crafting modern and inviting apartments above bustling retail spaces (stca). Benefiting from the Design and Development Overlay 4, this site offers an exciting canvas for innovative architectural ventures. Here, creativity knows no bounds as you mold your vision into reality, crafting a space that stands as a testament to sophistication and style.

-Prime corner location for maximum exposure

-Versatile zoning accommodating diverse business and residential ventures

-Conceptual plans offering flexibility in design

-Back beach setting enhancing lifestyle appeal

-Blue Chip Retail/Residential Mixed-Use Site (STCA)

-Size: 256 sqm approx.

-Zoning: Commercial 1 & Design and Development Overlay 4.

Don't miss the chance to secure your stake in this unparalleled investment opportunity. Whether you aspire to revitalize retail dynamics or curate contemporary living spaces, this property serves as the quintessential canvas for realizing your real estate dreams. Proudly marketed by Crowders Real Estate.

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Council Data

Design and DevelopmentYes
BushfireYes

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Rye Primary School
3.33 km
Primary
Prep-6
Government
icsea: 1013
Rosebud Secondary College
7.58 km
Secondary
7-12
Government
icsea: 982

Property history

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Rye surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
399 Browns Road, Rye
0.98 km
4
2
-m2
Year 2025 Month 01 Day 30
$1,250,000
Council approved
385 Browns Road, Rye
0.89 km
4
2
34m2
Year 2025 Month 01 Day 12
$1,185,000
Council approved
434 Browns Road, Rye
1.27 km
8
7
-m2
Year 2024 Month 11 Day 13
-
Council approved
10 Jillian Drive, Rye
0.57 km
3
1
-m2
Year 2024 Month 09 Day 18
-
Council approved
10 Heyfield Road, Rye
1.25 km
4
2
-m2
Year 2024 Month 09 Day 15
-
Council approved

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Ref:R2-3980912Last update:2024-12-07 03:51:05