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45 Verdon Street

Dromana VIC 3936

3
2
793 m²
House
Currently for sale - view listing

Overview

Coastal Opportunity with Bay Views and Development Potential

Positioned on a substantial allotment of approximately 793sqm with a generous 20.1m frontage, this original Dromana home presents an outstanding opportunity for renovators, builders and developers looking to capitalise on a well-located coastal site. With the existing residence ready for a new chapter, buyers can explore the possibilities of a substantial renovation, a brand-new family home or the potential to demolish and develop two dwellings, subject to council approval. The existing weatherboard home offers two bedrooms, two spacious living areas, a separate kitchen and meals zone, bathroom facilities, laundry and an expansive rear yard. While the property requires significant updating, its traditional proportions and flexible footprint provide plenty of scope for those with the vision to restore and reimagine the home. For developers, the wide frontage and approximately 38.1m depth create an exciting foundation for a dual-dwelling project (STCA). Elevated outlook photography taken at approximately eight metres also highlights the potential to capture impressive views across Port Phillip Bay from a thoughtfully designed future development, adding another compelling dimension to the site. All of this comes in a highly convenient Dromana setting, just a short distance of approximately 600 metres from the beach and close to the foreshore, township, Dromana Pier, local shops and cafés, as well as Dromana Recreation Reserve and the bowls club. Whether the plan is to renovate, rebuild or unlock the development potential of the land, this is a rare opportunity to secure a sizeable coastal holding with exciting possibilities for the future.

Features

3 bedrooms
2 bathrooms
793 m² lot size
House

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 3 bedroom houses in Dromana

In the last 12 months, 71 three-bedroom houses similar to 45 Verdon Street, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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