18 Beach Street, Dromana VIC 3936

Perfect for investors and developers this is rare and amazing opportunity to purchase in one of the most sought-after locations on the Mornington Peninsula. Offering a unique residential and/or commercial development and set on a corner 744m2 (approx.) allotment, this property is only 100m from the Dromana foreshore, shops, cafes & restaurants. The commercial planning overlay represents limitless and imaginative development opportunity (STCA) ideally suited for the progressive Dromana precinct. The period style weatherboard home offers polished hard wood floors, high ceilings, well-appointed kitchen, gas heating and reverse style A/C. Comprising of three extra-large bedrooms, updated bathroom, plenty of storage, a large garage/shed and lovely outside entertaining area with patio. Currently rented at $450 per week, with the hope to remain, this coastal home will appeal to investors, developers or those seeking a large project. Situated 1 hour from Melbourne CBD with great access to Peninsula Link freeway and a short distance to some of the best wineries, beaches and golf courses the Peninsula has to offer.

* Commercial planning overlay
* Residential/commercial development opportunity (STCA)
* 750 sqm (approx.) corner block
* Period style weatherboard home
* Three extra-large bedrooms
* Polished hardwood floorboards & high ceilings
* Well-appointed kitchen
* Outside entertaining area with patio
* Currently rented at $450 per week
* 100m from Dromana pier and foreshore
* Great Peninsula link access
* Close to schools, shops and transport