For Sale

358 Dundas Street, Rye, Vic 3941

$430,000 - $470,000

Residential Land

Type

256 m²

Area

Published on Wednesday, April 01, 2026 ( See property details for 358 Dundas Street, Rye, Vic 3941)

$430,000 - $470,000

View the agent price guide.

Corey Pabst - Real Estate Agent - Jellis Craig Port Phillip (Elwood)

Corey Pabst SALES CONSULTANT | LICENSED ESTATE AGENT

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Andrew Vandermeer - Real Estate Agent - Jellis Craig Port Phillip (Elwood)

Andrew Vandermeer Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 256sqm Commercial 1 Zoned landholding in Rye offering exceptional development potential and prime coastal lifestyle proximity.

🏡 Property Highlights

High-profile corner position with dual street frontage
Rare 256sqm (approx.) Commercial 1 Zoned freehold land
Versatile for commercial, mixed-use, or development opportunities
Potential for retail, office, hospitality, and residential uses (STCA)
Strategic location near Rye’s foreshore and beaches
Close to Peninsula Hot Springs, golf courses, and vibrant dining scene

✨ Key Features

Open-Plan Living
Waterfront / Views
Outdoor Area
Built-in Robes
Garage
Air Conditioning
Ensuite
Home Office / Study
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Rye, VIC 3941

Rye is a sought-after coastal suburb renowned for its stunning beaches, vibrant tourism scene, and proximity to Peninsula attractions like hot springs and golf courses. The area offers excellent connectivity to Melbourne via Peninsula Link, making it ideal for lifestyle-focused investors and developers. Its thriving community and strong demand for both holiday and permanent residences ensure long-term growth potential. The location combines natural beauty with strategic accessibility, perfect for mixed-use developments or strategic landholding. Rye’s vibrant dining, leisure, and outdoor activities make it a highly desirable destination for residents and visitors alike.

Frequently Asked Questions

What are the potential uses for this Commercial 1 Zoned land?

The land offers versatile options including retail, office, hospitality, and residential developments, subject to council approval (STCA).

Is there scope for future development or subdivision?

Yes, the property’s zoning and dual street frontage provide opportunities for future development or subdivision, subject to planning permissions.

What amenities and attractions are nearby?

The property is close to Rye’s beaches, Peninsula Hot Springs, Alba Thermal Springs, golf courses, and a vibrant dining scene, enhancing lifestyle appeal.

Are there any restrictions or covenants on the land?

Potential buyers should review local council regulations and zoning restrictions to confirm permissible uses and any covenants.

What is the connectivity like to Melbourne?

The location offers seamless connectivity via Peninsula Link, providing easy access to Melbourne and surrounding areas.

What to ask about this property to agent?

Are there any existing planning restrictions or zoning overlays that could limit development options? What are the potential costs associated with site preparation or infrastructure upgrades? Are there any easements, covenants, or rights of way affecting the property? Has a recent land survey been conducted to confirm boundaries and dimensions? Are there any environmental or heritage considerations that could impact development? What are the local council’s future planning or zoning proposals for the area? Is there any history of flooding or bushfire risk in this location? Are there any nearby construction projects or developments that could affect the property’s value or accessibility? What are the current rates and taxes applicable to this land? Are there any strata or body corporate arrangements if considering future multi-use development?

358 Dundas Street, Rye, Vic 3941 - More Details

$430,000 - $470,000

Type: Residential Land
Area: 256 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

358 Dundas Street, Rye, Vic 3941 - Point Of Interest

Locate Near By Places of 358 Dundas Street, Rye, Vic 3941 On Map

Your Commute at a Glance: 358 Dundas Street, Rye, Vic 3941

Email Enquiry To Jellis Craig Port Phillip (Elwood)

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Corey Pabst

Andrew Vandermeer

358 Dundas Street, Rye, Vic 3941

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