8 Daly Avenue, Rye VIC 3941

Renovated coastal family home | North-facing pool & deck | Private beach-end avenue | Steps to foreshore This property presents a competitively strong, single-level family home in a premier Rye position. Its transformation blends original character with a rear extension engineered for indoor-outdoor living, directly serving buyers seeking a low-maintenance, entertainer’s layout with seclusion. The fully-automated pool, north-facing aspect, and proximity to the beach solidify its appeal to a professional or downsizing cohort prioritizing lifestyle over a project. The decision hinges on paying a premium for a turn-key outcome in a high-demand avenue. Risks include potential overcapitalisation from the 2021 renovation and compressed yield if tenanted. The opportunity is securing a rare, usable large block so close to the foreshore without renovation outlay. Acquire for long-term hold as a primary residence to justify the outlay; its configuration limits appeal as a pure investment.