1929 Point Nepean Road

Tootgarook VIC 3941

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› 1929 Point Nepean Road, Tootgarook VIC 3941

Sold on 14 Dec 2023

1929 Point Nepean Road Tootgarook VIC 3941

Development / Land
2,384 m²
Sold

High Exposure Corner Motel with Ultimate Flexibility

Prime Corner Land Holding of 2,384m²*
Favourable Peninsula Location
Ability to Occupy, Invest or Develop

Colliers are pleased to 1929 Point Nepean Road, Tootgarook for sale via Expressions of Interest closing 22nd of November 2023 at 3pm (AEST).

Key highlights include:

- Prime corner site of 2,384m²*
- Building Area: 720m²*
- Fully operational short term accommodation facility trading as 'Rye Beach Motel'
- Existing improvements include 14 rooms, managers residence, reception, undercover BBQ, gardening shed and 20 on site car parks
- Offered for sale with vacant possession
- Favourable General Residential Zone 1 (GRZ1)
- High exposure frontage in excess of 88m*
- Directly opposite Tootgarook beach
- Ease of access to a plethora of Mornington Peninsula amenity
- Situated within the in-demand Mornington Peninsula shire
- Pure flexibility to either occupy, invest or develop

For more information, please contact the below Colliers sales agents.

James Zhuang | +61 473 866 666
Lucas Soccio | +61 421 428 990
Andrew Ryan | +61 418 350 545

EXPRESSION OF INTEREST

Closing date and time	22/11/2023 15:00
Recipient name	Ask Agent
Delivery address	.

Colliers International | Melbourne East

Chadstone Tower One Level 7/1341 Dandenong Rd

Chadstone, VIC 3148

Property Highlights

Date Sold	14 Dec 2023
Floor Area	720 m²
Land Area	2,384 m²
Parking	20 x Onsite parkings
Building Type	Whole building
Property ID	2018839301
Category	Development / Land
Last updated	7 Jan 2024

Map for 1929 Point Nepean Road Tootgarook VIC 3941

Nearest transport* to 1929 Point Nepean Road Tootgarook VIC 3941

Bus

Train

Tram

Ferry

Keith St/Point Nepean Rd (Tootgarook)	38 m
Keith St/Point Nepean Rd (Tootgarook)	45 m
Kevin St/Point Nepean Rd (Tootgarook)	167 m
Kevin St/Point Nepean Rd (Tootgarook)	207 m

*Within a 4km radius

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Colliers International | Melbourne East

Chadstone Tower One Level 7/1341 Dandenong Rd

Chadstone, VIC 3148

Property Highlights

Date Sold	14 Dec 2023
Floor Area	720 m²
Land Area	2,384 m²
Parking	20 x Onsite parkings
Building Type	Whole building
Property ID	2018839301
Category	Development / Land
Last updated	7 Jan 2024

Co-Agents

James Zhuang

Colliers International | Melbourne East

Call

0473866666

Lucas Soccio

Colliers International | Melbourne East

Call

0421 428 990

More about 1929 Point Nepean Road Tootgarook VIC 3941

1929 Point Nepean Road Tootgarook VIC 3941 is categorized as Land & Development Property. It has a floor area of 720 m² and a land area of 2,384 m². There are 20 x onsite parkings.The listing ID for this property is 2018839301.