Dual Living Brilliance by the Beach - Rare Two-Home Opportunity in the Heart of Rye

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75 Weeroona Street, Rye VIC 3941

New Price $1,070,000

Search Band Search Visibility Band

$1.07M - $1.12M Transparent Transparent Listing Based on an openly advertised listing price.

House 6 Beds 3 Baths 2 Cars 795 m²

Listed: 26th Jul 2026

Updated: 40 days ago

Overview

This unique dual residence property is perfectly positioned just moments from Port Phillip Bay's pristine foreshore and the bustling café and shopping scene of Rye Village. Offering two fully self-contained homes on a single title, it presents an appealing opportunity for multigenerational families, investors seeking rental income, or those desiring guest accommodation with privacy and flexibility.

The front home is a thoughtfully designed three-bedroom residence flooded with natural light. Its open plan living areas flow seamlessly to the outdoors, creating inviting spaces ideal for entertaining or relaxed coastal living. At the rear, a second residence mirrors this quality and careful presentation, providing its own kitchen, living areas, and amenities to ensure autonomy without losing connection to the overall property.

Both homes are complemented by low-maintenance landscaped native gardens and benefit from two separate street entrances that enhance independence. The layout supports versatile living arrangements, whether choosing to accommodate extended family members comfortably or leasing one dwelling to generate income.

With six spacious bedrooms, three well-appointed bathrooms, and ample off-street parking for two vehicles and guests, the property balances generous living with practical outdoor spaces. Its location close to the beach and town offers a lifestyle of coastal convenience combined with exceptional dual living potential rarely available in Rye.

Two completely independent residences on one title, a rarity for the area.
Separated living zones provide a balance of privacy and connection.
Low maintenance native gardens and outdoor entertaining spaces.
Easy access to the foreshore and township amenities.
Ample accommodation with six bedrooms, three bathrooms, and multiple living areas.
Two street entrances enhance flexibility for residents or tenants.

This property is suited for families seeking multigenerational options, investors looking for dual income streams, or anyone wanting a flexible coastal lifestyle opportunity with the convenience of two separate homes in one location.

Local Market Insights

In Rye, Quiet Listings observed 43 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $1,208,416. The property type mix of listed properties is predominantly Houses at 91%, followed by land (9%). The most active agency for houses in the Rye area is currently Your Property Agent, representing 33% of new listings, followed by Crowders Real Estate with 28%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.