**SOLD by CBRE**

Key highlights of the opportunity include:

+ Significant 1,459sqm* corner landholding boasting 80m* of combined street frontage, comprising 30.48m* to Point Nepean Road and 49.67m* to Elgan Avenue, providing exceptional visibility and flexible dual-street access

+ Vacant and fully cleared site, no demolition costs, with the site ready for an incoming purchaser to develop without delay (STCA)

+ Metres from Rye’s main retail & commercial strip, with established township amenity including Woolworths, Rye Hotel, Rye RSL, Australia Post and the Rye foreshore all within close proximity

+ Located along Point Nepean Road, the primary arterial connecting Melbourne to the tip of the Mornington Peninsula, carrying strong year-round vehicle movements that surge significantly during summer and long-weekend holiday periods

+ Rye is one of Victoria’s most visited coastal destinations, with the Mornington Peninsula tourism region receiving 8 million annual visitors**, underpinning sustained demand for services and commercial activity along the Point Nepean Road corridor

Please contact the exclusive selling agents at CBRE for further information:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

* Denotes Approx.
**Visit Mornington Peninsula / Tourism Research Australia