55 Marshall Street, Tootgarook, Vic 3941

This charming original 2-bedroom cottage is set on a generous flat block of 1065sqm (approx.), offering an exceptional opportunity for future development in the sought-after coastal area of Tootgarook on the Mornington Peninsula. Situated just 600 meters from the beach and within walking distance to the Rye Village shops, this property provides the perfect blend of convenience and potential.
Currently tenanted to an A-grade long term tenant at $1782 per calendar month, this home offers a steady income stream while you plan for the future. Whether you are looking to renovate and extend, rebuild, or create your forever seaside home, this property presents an exciting opportunity to capitalise on its prime location.
With its spacious land size, proximity to the beach, and close access to local amenities, this is a rare chance to secure a property with incredible potential in one of the Peninsula's most desirable locations. Don't miss out on the chance to make your mark in Tootgarook and design your dream coastal escape.