{"Slug":"residential-land-358-dundas-street-rye-vic-3941","CanonicalUrl":"https://realsearch.com.au/residential-land-358-dundas-street-rye-vic-3941","Address":"358 Dundas Street, Rye, Vic 3941","Suburb":"Rye","State":"VIC","Postcode":"3941","PropertyType":"Residential Land","Status":"For Sale","Headline":null,"Description":"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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$430,000 -  $470,000"},"Bedrooms":null,"Bathrooms":null,"Parking":null,"Features":[{"Name":"Area","Value":"256 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.40151665,"Longitude":144.8120318,"Agent":{"Name":"Corey Pabst","CanonicalUrl":"https://realsearch.com.au/agent/corey-pabst"},"Agency":{"Name":"Jellis Craig Port Phillip (Elwood)","CanonicalUrl":"https://realsearch.com.au/agency/jellis-craig-port-phillip-elwood"},"CreatedAt":"2026-04-01T08:47:25.3678497","UpdatedAt":"2026-04-01T08:47:25.4728143"}