Rare 2,599sqm Dual Occupancy Opportunity in Prime Rye Location

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8 Kanimbla Court, Rye VIC 3941

$960,000

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$960k - $1.01M Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 4 Cars 2599 m²

Listed: 52 days ago

Updated: 2 days ago

Overview

Set in a tranquil and private court in one of Rye's prime locations, this generous 2,599sqm parcel of land represents a rare and valuable offering. The current modern two-bedroom home offers comfortable accommodation, serving perfectly as a base while you contemplate and design your ideal future residence.

The expansive landholding provides an excellent opportunity for those seeking to create a spacious permanent home or explore dual occupancy development options, subject to council approval. With the potential for future elevated designs, one could enjoy picturesque bay views, enhancing the property's appeal and lifestyle potential.

The property's proximity to Rye's popular beach, shops, cafes, and local amenities adds significant lifestyle value, making it suitable for those desiring a permanent coastal residence, a weekend getaway, or a promising investment prospect.

Substantial 2,599sqm (approx.) land size, offering space and privacy
Existing stylish two-bedroom dwelling providing an immediate, comfortable living option
Exclusive location in a quiet court yet within walking distance to key local attractions
Flexibility for dual occupancy or granny-flat accommodation (subject to approval), ideal for extended family or rental income potential
Future development prospects with potential bay views enhancing property value

This combination of generous land, excellent location, and development potential is increasingly sought after and offers a solid foundation for various buyer aspirations.

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.

Change History

$960,000 17 days ago
$880,000 - $960,000 17 days ago
$800,000 - $880,000 31st Aug 2026

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Saturday, 24 October 2026

2:00 PM - 2:30 PM AEDT

This property has had 9 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.