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1929 Point Nepean Road
Tootgarook VIC 3941
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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 time22/11/2023 15:00
Recipient nameAsk Agent
Delivery address.

Property Highlights

Date Sold14 Dec 2023
Floor Area720 m²
Land Area2,384 m²
Parking20 x Onsite parkings
Building TypeWhole building
Property ID2018839301
Category
Last updated  7 Jan 2024
Map for 1929 Point Nepean Road Tootgarook VIC 3941

Property Highlights

Date Sold14 Dec 2023
Floor Area720 m²
Land Area2,384 m²
Parking20 x Onsite parkings
Building TypeWhole building
Property ID2018839301
Category
Last updated  7 Jan 2024
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