32 Fairhills Drive, Rye, Vic 3941

House
Type
4
Bedrooms
2
Bathrooms
866 m²
Area

Last updated on Wednesday, June 24, 2026 ( See property details for 32 Fairhills Drive, Rye, Vic 3941)

$599,000 - $658,000

Michelle Bennie Senior Sales Executive | Licensed Estate Agent
Nicola Hayes Sales Associate to Michelle Bennie
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity on an elevated block with stunning views, offering a partially completed home ready for finishing touches, subject to council approvals and existing building orders.

🏡 Property Highlights

  • Elevated position with panoramic views across the Peninsula
  • Partially completed 4-bedroom, 2-bathroom home with scope for customization
  • Master bedroom featuring walk-in robe and ensuite
  • Full transparency with existing Council Building Order and Stop Work Order
  • Mortgagee sale with unconditional auction requirement
  • Opportunity for builders and investors to add value

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views

Rye is a highly sought-after coastal suburb on the Mornington Peninsula, renowned for its stunning beaches, scenic views, and vibrant community. It offers excellent lifestyle opportunities with a mix of holiday homes and permanent residences. The area features convenient amenities, outdoor recreational activities, and easy access to Melbourne, making it ideal for both investors and families. The local environment promotes a relaxed, coastal lifestyle with strong growth potential.

What is the current condition of the property and what work is needed?
The property is partially completed with bathrooms tiled and the master bedroom featuring a walk-in robe and ensuite. It requires finishing touches and compliance with council requirements, including rectifying unpermitted works.
What are the implications of the existing Council Building Order and Stop Work Order?
The incoming owner must address the building order either by engaging a private surveyor to certify and rectify the works or by demolishing and rebuilding with proper approvals. Full documentation is available for review.
Is the property suitable for renovation or development?
Yes, the property presents a significant renovation or development opportunity, especially for builders and investors looking to add value and capitalize on the views and elevated position.
What are the auction terms and conditions?
The property is being sold unconditionally at auction with a 10% deposit required. Settlement options include 30, 60, or 90 days, and full due diligence is advised prior to bidding.
Are there any restrictions or planning considerations to be aware of?
Yes, the property is subject to a building order and council regulations. Buyers should conduct thorough due diligence regarding planning, permits, and compliance before proceeding.
Are there any additional costs associated with rectifying the unpermitted works and complying with council orders? Has a detailed structural assessment been conducted, and are there any hidden defects or issues? Are there any zoning restrictions or easements affecting the property’s development potential? What are the implications of the building order on future renovations or extensions? Is there any nearby construction or planning activity that could impact the property’s value or livability? Are there flood or bushfire risks associated with the elevated location? What are the strata or body corporate considerations, if applicable? Are there any ongoing or upcoming planning changes in the area that could influence the property? Has a comprehensive pest and building inspection been completed? What are the specific terms of the auction, and are there any conditions or caveats to be aware of?

32 Fairhills Drive, Rye, Vic 3941 - More Details

$599,000 - $658,000

Type
House
Bedrooms
4
Bathrooms
2
Area
866 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection tomorrow 2:00 pm

    Thursday 25 June
    2:00 pm - 2:30 pm
  • Inspection Sat 27 Jun 10:30 am

    Saturday 27 June
    10:30 am - 11:00 am

Auctions

  • 32 Fairhills Drive, Rye, Vic 3941

    Saturday 27 June
    11:00 am
Thank you for submitting your reminder request.
Thank you for submitting your reminder request.

32 Fairhills Drive, Rye, Vic 3941 - Point Of Interest

Neighborhood discovery - Real Search

Login to see point of interest of 32 Fairhills Drive, Rye, Vic 3941

Locate Near By Places of 32 Fairhills Drive, Rye, Vic 3941 On Map

Neighborhood discovery - Real Search

Login to see near by places of 32 Fairhills Drive, Rye, Vic 3941

Your Commute at a Glance: 32 Fairhills Drive, Rye, Vic 3941

Neighborhood discovery - Real Search

Login to see commute at a glance: 32 Fairhills Drive, Rye, Vic 3941

Email Enquiry To Ray White - Rosebud

  • Personal Information Collection Statement
    This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Rye

Real Search makes searching for your new home easy with properties for sale in Rye and properties for rent in Rye. Are you looking for specific type of property? Real Search has units for sale in Rye and houses for sale in Rye. Real Search also provides 1 bedroom house for sale in Rye, 2 bedroom house for sale in Rye & 3 bedroom house for sale in Rye. Find best real estate agents in Rye. You can also check real estate agencies in Rye. Research the property market of Rye with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.