Presented to the market for the first time in decades is this charming cottage on 732m2 showcasing glorious bay views and the adjoining 717m2 vacant parcel of land at rear; together combining to provide 1449m2 in a prime position just 600-metres to the Rye foreshore, creating a clear opportunity for site redevelopment, rebuilding/renovation, or land-banking. The cottage faces Locksley Road with a perfect north-east aspect; you can admire a water vista from its expansive front deck, and it comprises two bedrooms, modern kitchen and bathroom, air-conditioned lounge with fireplace, and is framed by lush, leafy gardens. In immaculate condition it has a cosy ambience and has been meticulously cared for by its long-term owners; it would make a delightful weekender/holiday home and could be lived in whilst building or developing adjoining site. 11 Observation Drive is at the rear of the Locksley Road property and has a shed onsite, established veggie gardens and fruit trees, and there is an existing driveway in place. The possibilities are exciting, the location is golden, and opportunity extremely unique – a unicorn would be easier to find than an offering like this. Secure this double block parcel in beautiful Rye, a desirable lifestyle destination, renowned for its natural beauty, national parks, sparkling bay and ocean beach, wineries, and premium golf courses – the future could not look brighter! • Opportunity of 2022 – TWO adjoining sites, MANY possibilities • Delightful charm-filled cottage on front block with Bay views • Redevelop (stca), renovate/extend, landbank, create holiday haven • 7-minute walk to Rye foreshore, live a relaxed latte lifestyle • 90 minutes to Melbourne CBD – a sea-change without compromise Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to please refrain from touching any surfaces, opening cupboards, drawers, windows and doors, when inspecting a property. For more information, please visit: fletchers.net.au/response-to-covid-19