Set in one of the Mornington Peninsula's most tightly held pockets, this 624m² (approx.) parcel of land in the exclusive Tyrone Foreshore precinct presents an exceptional opportunity. Just 350 metres (approx.) from the calm, sandy shores of Port Phillip Bay, this peaceful and private location is the perfect place to create your dream coastal escape.

What sets this offering apart is the inclusion of approved plans and permits for a stunning custom-designed home.

This residence has been masterfully designed by a recipient of the Australian Institute of Architects' highest residential honour-the prestigious Robin Boyd Medal, awarded nationally for 'House of the Year'. Bringing a rare level of architectural excellence to the area, the project comes with a planning permit already in place, streamlining your path to construction and saving valuable time, money, and stress.

The block itself is flat and generous in size, offering 624 square metres (approx.) of space to bring your vision to life. Whether you're looking for a permanent home, a luxury weekender, or a future-focused investment (STCA), this is a rare chance to secure land that ticks every box.

The beach is just a short stroll away, ideal for morning swims, long walks, or simply relaxing by the water.

You'll also enjoy easy access to everything Rye has to offer. Local highlights include the Rye Foreshore and Pier, perfect for swimming, fishing, or watching the sunset. The nearby Peninsula Hot Springs offers a world-class wellness experience just minutes from your door. Fitness lovers will appreciate the Boathouse Gym, while foodies can explore a variety of cafes, restaurants, and pubs including the popular Rye Hotel.

Families will love the proximity to Rye Primary School, local playgrounds, and summer attractions like the Rye Carnival. For nature enthusiasts, Rye Back Beach and the surrounding coastal trails offer a more rugged, adventurous alternative to bay beaches. And within a short drive, you'll find award-winning wineries, golf courses, and charming Peninsula towns to explore.

This property offers more than just land-it provides a chance to live a premium coastal lifestyle with the added advantage of an architecturally designed home already in the works. Opportunities like this are incredibly rare in such a sought-after location.

Key Highlights:

- 624m² (approx.) of flat, build-ready land
- Approved plans and permits for a premium architect-designed home
- Just 350m (approx.) to Tyrone Foreshore and Port Phillip Bay
- Peaceful, established street in a premium coastal setting
- Close to schools, shops, cafes, hot springs, beaches, and more

*All distances and measurements are approximate only.