House for Sale
Dromana is Calling Approved Two Lot Subdivision
Property ID 2008081Positioned less than 450 meters to the golden sands of Port Phillip Bay and with approval from council for a 2-lot subdivision this 1010m2 (approx.) property offers an opportunity to make money and invest in the ever popular Dromana Beach area.
This level allotment offers an existing three bedroom home, making it ideal for investors and developers or the owner occupier.
Only meters from the Dromana Primary School and a few hundred steps to the Dromana Village, cafes and restaurants.
This property will offer the astute investor the lifestyle many dream of but few achieve.
The low-maintenance, fully fenced grounds and gardens and the spacious home features an open-plan living/dining room with split-system air-conditioning and gas heating.
The updated kitchen includes a dishwasher and stainless-steel oven/cooktop, while the modern bathroom has a shower, bath and stone-top vanity.
Offering three bedrooms including one with outdoor access, a laundry with linen press plus ceiling fans and a wraparound verandah.
Featuring a separate powered studio/workshop, double garage, garden shed and a location to die for.
Leased out at approx. $360.00 pw and returning almost $19,000.00 PA you have an instant stream of income while you plan the construction of two modern and stylish homes.
Due diligence checklist - for home and residential property buyers