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Opportunity of this calibre rarely presents itself, offering unmatched flexibility, exposure and long-term upside. Commanding a high-profile corner, this 256sqm (approx.) Commercial 1 Zoned freehold represents a standout prospect for investors, SMSF purchasers, developers and professional owner-occupiers seeking both immediate utility and future growth.
Boasting dual street frontage and a prominent position within a tightly held strip, the property accommodates a wide range of commercial or mixed-use outcomes. Whether secured as a set-and-forget investment, held as a strategic landholding, or transformed into a value-add development, its versatility is a defining feature. Concept plans illustrate the potential to deliver a high-performing mixed-use asset, combining retail, office or hospitality at ground level with premium residence or accommodation above (STCA), creating multiple income streams and long-term scalability.
Positioned moments from Rye’s foreshore and back beaches, and surrounded by renowned Peninsula attractions including Peninsula Hot Springs, Alba Thermal Springs and Spa, world-class golf courses and a vibrant dining scene, the location thrives on strong tourism and lifestyle demand, further enhanced by seamless connectivity to Melbourne via Peninsula Link.
Inspection by appointment
Tootgarook Primary School
Carmichael Street Tootgarook
Boneo Primary School
582 Boneo Road Boneo
Eastbourne Primary School
Allambi Avenue Rosebud
Rosebud Secondary College
245 Eastbourne Road Rosebud
Rosebud Primary School
Point Nepean Road Rosebud
Our Lady of Fatima School
16 Hinton Street Rosebud
Sorrento Primary School
Kerferd Avenue Sorrento
Constitution Hill Road Sorrento
