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24 Iris Street

Dromana VIC 3936

4
2
3
604 m²
House
Currently for sale - view listing

Overview

Premium Coastal Investment with Exceptional Airbnb Potential & Stunning Bay Views

Positioned in one of Dromana's most desirable hillside locations, this beautifully renovated property presents an outstanding opportunity for investors seeking a high-performing holiday rental or Airbnb asset on the Mornington Peninsula. Set on a generous 604sqm (approx.) allotment, the home combines modern style, flexible accommodation, and breathtaking bay views-key ingredients for attracting year-round holidaymakers and maximising rental returns. Offering four spacious bedrooms, two contemporary bathrooms, and parking for up to three vehicles, the property comfortably accommodates families, groups, and weekend getaway guests. The light-filled upper level showcases sweeping views across the bay, creating a memorable coastal experience that guests actively seek when booking premium Peninsula accommodation. The home's fresh renovation means there's nothing to spend, allowing investors to immediately capitalise on the strong demand for short-stay accommodation in this highly sought-after beachside destination. Outside, the expansive backyard offers exciting opportunities to further enhance guest appeal. With ample space for a future pool, outdoor entertaining zone, or luxury lifestyle additions (STCA), there is significant potential to increase both occupancy rates and nightly returns. A substantial rear shed adds valuable flexibility for storage, recreation equipment, or future lifestyle enhancements. Located just minutes from Dromana's beaches, cafés, wineries, and Peninsula attractions, this is an investment that delivers both lifestyle appeal and strong income potential. Whether you're looking to expand your property portfolio, secure a premium holiday home with earning capacity, or enter the lucrative short-stay accommodation market, this exceptional property ticks all the boxes. A rare opportunity to secure a turnkey coastal investment with stunning bay views, future upside, and proven guest appeal in one of the Mornington Peninsula's most popular holiday destinations.

Features

4 bedrooms
2 bathrooms
3 carspaces
1 carport space
2 garage spaces
604 m² lot size
House

Happy sellers in Dromana

57%
57% of sellers in Dromana reported that their sale price either exceeded or met their price expectations.

Dromana stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Dromana over the last 12 months.

Local market activity for 4 bedroom houses in Dromana

In the last 12 months, 50 four-bedroom houses similar to 24 Iris Street, have been sold.

This represents a 11% increase in four-bedroom houses sales when compared to the previous 12 months.

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