FOR SALE
$ 1,350,000 - $ 1,450,000

12 James Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1012m2
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Beachside Opportunity – Renovate or build 3 TH’s

Solid double storey brick home perfectly orientated on a generous 1000sqm block, with broad bay views and beautiful daily sunsets awaits its next phase.
Option 1 is to live in now and complete the renovation (new flooring and oven/stove already installed) and enjoy as your beach house, permanent family home, or rent out as your next investment property.
Option 2 is to take advantage of the approved plans and permit for 3 double storey townhouses and generate an income from the existing home until you are ready to commence construction.
Either way you will maximise this sought after beachside location.
The elevated outlook and bay view with northern orientation also offers privacy being on the low side of the street. Walk to the beautiful local beach and shopping precinct as well as schools and parks etc.
Internally new carpet and engineered timber flooring has recently been laid. To complete a renovation, you would need to upgrade the wet areas and paint throughout.
Downstairs offers kitchen, living, dining, 2 bedrooms, bathroom, laundry and a large split level partly undercover deck.
Upstairs consists of the master suite complete with ensuite, WIR and retreat along with the balcony to relax on whilst you take in the distant bay view.
Externally, the property offers off street secure parking behind the tall front fence and sliding gate.
The double garage offers dual extra height doors and a through door to the back yard.
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Property Details for 12 James St, Dromana

12 James St, Dromana is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1012m2. The place is currently for sale with One Agency Peninsula.

Building Type
House
Land Size
1012m2

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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. It has 19 parks covering nearly 7.2% of total area. The population of Dromana in 2011 was 5,125 people. By 2016 the population was 5,802 showing a population growth of 13.2% in the area during that time. The predominant age group in Dromana is 60-69 years. Households in Dromana are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dromana work in a trades occupation. In 2011, 68.2% of the homes in Dromana were owner-occupied compared with 67.9% in 2016.

Dromana has 5,846 properties. Over the last 5 years, Houses in Dromana have seen a 44.47% increase in median value, while Units have seen a 29.31% increase. As at 31 August 2024:

  • The median value for Houses in Dromana is $969,501 while the median value for Units is $796,115.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Dromana.

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Steve Walsh
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Renee Kostiuk
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One Agency Peninsula
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