48-50 Fig Street, Dromana VIC 3936

Sitting on a sizeable coastal allotment, this holding occupies a double block of 1207sqm*. There is also the bonus of the six bedroom home which could allow you to generate income whilst your plans await approval (STCA).



Featuring:


•Sprawling land parcel of approximately 1207sqm*

•Separately titled comprising of two blocks each approximately 603sqm* in size

•Close in position just minutes from the beach, schools, shops and amenities

•Option to either further capitalise on the large home or develop into a multi-unit site (STCA)

•The possibility for lucrative returns given the size of the land holding (which could house 4 townhouses/ units)

•Existing home was built in two stages to present as almost two homes in one

•These two ‘halves’ both consist of three bedrooms, one bathroom and a kitchen which could be perfect for two families

•Sought-after location of Dromana – popular with downsizing locals, holiday home buyers and local families alike

•The perfect addition to your portfolio in this increasingly rare Peninsula market


*all measurements are approximate