5 Sheila Street, RYE

People dream a lifetime to own a piece of property on the Mornington Peninsula and knowing this home is only a 2 minute walk to the water that you can actually smell the salt in the air, how can an opportunity like this be overlooked? What an investment opportunity and what a location! The five bedrooms and two bathrooms not only accommodate you and your entire extended Family and friends but the spacious kitchen and open plan dining and lounge will ensure you all get ample time together. The kitchen holds an abundance of storage and the hand carved timber bench top not only allows enough space for you to create your culinary master piece, but provides for the kids to gather in the morning over breakfast. The skylights and floor to ceiling windows allow for plenty of natural light and the original polished boards have been well maintained. The two outdoor entertaining areas mean you and the kids, can both enjoy an afternoon break and should the mood strike you, its only a quick stroll to the local shopping strip of Rye full of bustling restaurants, cafes and live entertainment. Whether you are after a holiday hideaway, a extremely lucrative investment opportunity or even thinking of making the sea-side leap, being this close to the water allows you to be well equipped for any of the above opportunities. Enjoying a cold drink on the sun drenched deck or cosied up around the large open fire place, this home can accommodate everyone. Situated on a spacious block of approximately 618sqm, fully fenced and in a very quiet street, 5 Sheila Street, Rye is absolutely a must to inspect. Rental yield from the past 12 months of Holiday let available on request. Senior Sales Executive You may have made improvements to your property recently these may not be reflected in an online estimate. An agent appraisal will provide the most accurate assessment of the value of your property in today's market © 2026 CARMAN | Privacy | Disclaimer | Real Estate Websites by Stepps