OFF MARKET

112/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
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Property Details for 112/277 Point Nepean Rd, Dromana

112/277 Point Nepean Rd, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2014
Floor Size
82m2
Local Government
Mornington Peninsula
Lot/Plan
112/PS629688

Last Listing description (January 2022)

**Available for Private inspection by appointment anytime (currently vacant) - Call Sam today 0411664900**

Imagine a two-bedroom, secure and almost new apartment, in a boutique development directly opposite the fabled Dromana Beach, where you can walk 50 metres to the World's Best Supermarket (2018) and Dromana's first class hospitality scene literally on your doorstep. No need to imagine It's all here.

The apartment features stone benchtops, hybrid floorboards, split reverse cycle air-conditioner to the living area, electric panel heaters and ceiling fans in each bedroom and Bosch kitchen appliances including oven, 4 burner gas stove and dishwasher, A good sized private balcony for outdoor dining, sea breezes and local wines. A European Laundry completes this well equipped apartment.

Included is a secure ground floor car park, lift access, communal rooftop sea views and pool and shady entrance courtyard off Point Nepean Road. Totally gated and secure.

The property is offered lock stock and barrel! Furniture, beds and all. You could be earning a fortune on short stay platforms (currently $20,000 booked over Dec-Jan) or rent out long term ($500-550 per week) or use it as a weekender or holiday house or move in full time and enjoy everything Dromana offers and just a ten minute drive to some of the Peninsula's premiere wineries and golf courses.
Apartments opposite the beach are a rare find and we don't expect this to last too long. Get in before Christmas!

***Roger McMillan Real Estate Coronavirus Update***

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Property History for 112/277 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$730,000
16 Nov 2021
Listed for Rent
$410/w
15 Oct 2018
  • 16 Nov 2021
    Sold for $730,000
  • 28 Sep 2021
    Listed for Sale SOLD BY SAM AUSTEN
  • 07 May 2020
    Listed for Sale $580,000 - $630,000
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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 31 properties listed for sale, and 8 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Dromana.

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