53 Iolanda Street, Rye is located minutes to the highly desired Tyrone Foreshore and Rye shopping district, offering huge potential for renovations and additions. This single level home opens up to a spacious interior compromising of a living room, dining area and kitchen. Zoned to the rear of the property are 3 separate good sized bedrooms, a family bathroom and laundry. This fantastic home offers huge potential with plenty of room to allow for renovations, additions or a completely separate dwelling (STCA). The huge land size allotment of 978sqm approximately sits on a corner block with secondary access coming off Celia Street. Entering off Celia Street, the lower section of the block offers roughly 250sqm of flat land completely separate and non-intrusive to the main residence. Savvy buyers will see the potential to build a second dwelling, whether it be a shed or a granny flat (STCA) with the view to take advantage of the high demand and returns in the holiday rental market/secondary income, or keep the main residence leased on a full time basis and keep somewhere to visit as a campground for your own summer holidays. Centrally located in Rye, this beautiful home offers opportunity and life style for truly holiday styled living; surrounded by pristine bay and surf beaches, premier golf courses, world class wineries and cafes. Perfect for anyone, I don't expect this property to last long! Call now to inspect. This property is currently leased until the 24th of April, 2021. The property has been recently rejuvenated with some extra work done to it, photos can be sent through upon request. Contact me anytime - 0422 287 218