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Grimwade House, 28-54 Dundas Street, Rye VIC 3941

Rye

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Grimwade House, 28-54 Dundas Street, Rye VIC 3941

Properties / Buy / Victoria / Rye

Development Potential

Property Type

Residential

Sub Type

Greenfield, House, Land Site

Land Area

3.79 hectares (*approx)

Zoning

General Residential 1

General Residential Zone (GRZ1)

Local Government

Mornington Peninsula Shire

Selling Method

For Sale: Contact Agent

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‘Grimwade House’ situated on approx. 3.79 ha (9.36 acres) of GRZ1 land, in the heart of Rye with easy walking access to the shops and the beach.

One of the most significant General Residential zoned land holdings on the Mornington Peninsula
A 3.79 ha corner allotment with three street frontages
Award-winning mid-century ‘Grimwade House’ designed by McGlashan and Everist Architects
500 Metres from Rye Shops and Port Phillip Bay
Exceptional land banking opportunity

Kay & Burton is pleased to present 28-54 Dundas Street, Rye, for sale via Expressions of Interest (EOI). 28-54 Dundas Street, Rye comprises the 1960s architectural award-winning ‘Grimwade House’ designed by esteemed architects McGlashan and Everist, together with a secondary cottage on site and a substantial land holding.

Key highlights of the opportunity include:

Approximate 3.79 ha allotment positioned on the corner of Dundas Street and Melbourne Road having a combined frontage of 442 metres
Additional street frontage to Willonga Road at the rear
The property offers a significant opportunity for future subdivision or potential Mixed Use development, subject to council approval.
Flexible ‘General Residential’ GRZ1 Zoning
500 metres from Rye foreshore, Rye shopping strip, and Port Phillip Bay
‘Grimwade House’ comprises an 8 bedroom, 5 bathroom mid-century home and was awarded the Victorian Architecture Medal for House of the year in 1963
Caretakers Cottage comprising 2 bedrooms and 1 bathroom
Located 1.5 hours from the Melbourne CBD, Rye is a coastal beach town on the Mornington Peninsula
Existing working water bore

28-54 Dundas Street, Rye, is for sale via Expressions of Interest closing Thursday 29th of January 2026 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the selling agent Kay & Burton.