4/26 Daly Avenue, Rye VIC 3941

2 bed unit in coastal Rye | Low-maintenance entry living | Single parking suits downsizers | Compact footprint aids affordability. This two-bedroom one-bathroom unit with single parking space targets downsizers or first-home buyers seeking straightforward coastal access without expansive land obligations. As a unit within a small strata complex on Daly Avenue, it delivers practical low-upkeep living ideal for those prioritizing beach proximity over yard maintenance. Its compact scale aligns with Rye’s General Residential Zone prevalence, where such units blend into denser streetscapes amid dominant houses. Buyers drawn here typically include retirees shedding larger homes or investors eyeing steady rental yields from holiday let demand. Similar units in the locale hold value through consistent local market absorption, buoyed by Mornington Peninsula’s tourism pull without the volatility of standalone sales. The single parking slot matches everyday needs for solo or couple occupants, minimizing strata disputes common in multi-car setups. Long-term, its position in a GRZ context supports enduring appeal as Rye evolves with controlled infill, shielding it from oversupply risks in low-density pockets. Absent known land size, redevelopment potential stays modest, reinforcing a hold-and-enjoy profile over speculative flips.