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