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31 Palmerston Avenue

Dromana VIC 3936

1103 m²
Land
Currently for sale - view listing

Overview

Rare Offering | 5 blocks on corner allotment!

Offering abundant potential, this generous 1,103sqm (approx.) corner landholding comprises 5 subdivided lots ranging from 218sqm to 223sqm, available to purchase individually or as one complete site. Zoned Commercial 1, the property presents a versatile opportunity for developers or owner-builders, with potential for a range of commercial, mixed-use and residential outcomes, subject to meeting Council's planning requirements, including potential for the site to be rezoned for residential use, subject to council approval (STCA). The site offers scope to establish business premises or pursue a mixed-use development incorporating a residential component, providing flexibility for a variety of future uses. As well as being minutes to local shops, cafés and reserve, this location is just a short drive to the beach, Dromana Hub, and Collins Road Industrial Estate, distilleries and breweries. - 1,103sqm (approx.) block, subdivided into 5 lots from 218sqm to 223sqm - Purchase a single lot or secure the entire landholding - Great location for a range of business/commercial ventures - Commercial 1 zoning providing potential for commercial, mixed-use and residential outcomes, subject to planning requirements - Opportunity to incorporate a residential component within a mixed-use development, STCA - Around 2km walk to the beautiful beach and Dromana Hub Shopping Centre - 1.5km to Boundary Rd shops and cafes, plus Hillview Community Reserve - Close to many Peninsula wineries, golf courses, and scenic attractions - Minutes to local schools, freeway access, and Arthur's Seat State Park - Cleared level block providing many construction options STCA 31 Palmerston Avenue | $275,000 - $295,000 33 Palmerston Avenue | $275,000 - $295,000 35 Palmerston Avenue | $275,000 - $295,000 37 Palmerston Avenue | $275,000 - $295,000 39 Palmerston Avenue | $275,000 - $295,000 Disclaimer - Whilst every effort has been made to ensure the accuracy of the information provided, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers should make their own enquiries to verify all information, including land size, building size, floor plans, and zoning.

Features

1103 m² lot size
Land

Happy sellers in Dromana

53%
53% 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 24 reviews in Dromana over the last 12 months.

Local market activity for land plots in Dromana

In the last 12 months, 9 land plots similar to 31 Palmerston Avenue, have been sold.

This represents a 125% decrease in land plots sales when compared to the previous 12 months.

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