Stonebridge Property Group is pleased to present for sale 2331-2335 & 2361-2363-Point Nepean Road, Rye – two blue-chip freehold investments comprising high-end residential apartments and A-grade, 100% leased retail offerings.

The assets are offered separately and as in-one-line opportunities as summarised below:

Opportunity 1 – The key highlights of 2331-2335 Point Nepean Road, Rye include:

– Substantial 856 sqm* freehold comprising 3 high-end apartments and 3 leased retail shops

– Spanning 6 separate titles, the property provides unparalleled future value-add and sell-down potential

– Commercial income is anchored by Subway, Parliament of Victoria & RT Edgar

– Fundamentals including 878 sqm* of building area, rear access and secure on-site parking for 12 vehicles

Opportunity 2 – The key highlights of 2361-2363 Point Nepean Road, Rye include:

– Substantial 587 sqm* freehold comprising 4 high-end apartments and 2 leased retail shops

– Spanning 6 separate titles, the property provides unparalleled future value-add and sell-down potential

– Commercial income is anchored by Raine & Horne & the longstanding Little Shop of Shoes

– Fundamentals including 727 sqm* of building area, rear access and secure car parking for 7 vehicles.

Both assets benefit from flexible lease structures over the value apartment offerings that provides potential access by July 2026.

Location Summary

Both assets occupy unmissable trophy positions in the heart of Rye on the Mornington Peninsula – one of Australia’s most popular tourism destinations.

Rye benefits from a strong local population and thriving tourism economy, supported by the Summer and Easter Carnival, Rye Foreshore Campground, and direct access to the family-friendly Port Phillip Bay.

Rye Foreshore Redevelopment – the foreshore is currently undergoing a $6.5 million* rejuvenation, focused on enhanced public spaces and pedestrian accessibility, providing a direct benefit to Point Nepean Road retailers.

2331-2335 & 2361-2363 Point Nepean Road, Rye is for sale via Expression of Interest, closing Thursday 5th March 2026 at 2:00PM (AEDT).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.

Nic Hage
0448 782 594

Ian Lam 林煒峻
0416 621 859
如需任何国语或粤语咨询，请联系我们亚洲业务团队的Ian Lam 林煒峻，联系电话: 0416 621 859，并可随时加他的微信 (WeChat ID: Ianlam2001)。

Rorey James
0439 400 081

*Approximately

Property Code: 1538
Our ID: a0TOd00000bmLBKMA2