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12 Observation Drive

Rye, VIC 3941, Australia
3 bed 1 bath 2 car766m²

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Area Price Guide
$611,000$689,000

Indicative price guide range

🏘️
56
Comparable
📊
$1m
Area median
⚖️
-35%
vs median
📐
$849
Per m²
📏
766 m²
Land
🗓️
2 weeks ago
Listed

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

9 dimensions

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Traffic

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Bushfire risk

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Nearby development

Heritage

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About this property

For those with imagination and ambition, this brick veneer residence presents an exciting opportunity to create something truly special tucked nicely in behind the township, within easy walking distance. Not without the need for improving, this is a home where vision and effort will be rewarded, offering the chance to transform this home into a space that reflects your own style and aspirations. Perfect for first home buyers wanting a foothold into Ryes bustling real estate market or home renovators looking to build wealth. Set on a generous allotment of approx. 766m2 with ample room for a boat or caravan, the property provides flexibility rarely found at this entry point. Whether you are dreaming of expansive outdoor areas, enhanced storage or future extensions (STCA), the scope here is undeniable and ready to be explored. At the heart of the home sits an open plan kitchen, dining and living zone that forms a functional central hub. Three bedrooms are well positioned and serviced by a family sized bathroom (needing work per images) with a separate toilet for everyday convenience. Outside, the landscaping remains a blank slate, inviting you to design gardens and outdoor zones that bring your vision to life. From low maintenance surrounds to lush entertaining spaces, the opportunity to personalise every aspect of the outdoors is entirely yours. Within walking distance to Rye shops and Port Phillip Bay. This property is being sold as is and represents a rare and honest opportunity. Ideal for a first home buyer with vision, a savvy renovator or a skilled tradie seeking their next passion project, this is a genuine sale where potential and possibility take centre stage. Proudly marketed by Crowders Real Estate.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    Neighbourhood Insights

    🏫
    1
    Schools
    Nearest 671m
    🌳
    4
    Parks
    Nearest 1.2km
    🛍️
    7
    Shops & dining
    Nearest 636m
    Nearby amenities from OpenStreetMap, within ~2km of this property

    Within 5km

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