OFF MARKET

15 Olympic Parade
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 704m2
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Property Details for 15 Olympic Pde, Dromana

15 Olympic Pde, Dromana is a 0 bedroom, 0 bathroom Unit. The property has a land size of 704m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Floor Size
120m2
Land Size
704m2
Local Government
Mornington Peninsula
Lot/Plan
336/LP41392

Last Listing description (August 2023)

Presenting an exceptional opportunity to capitalize on a 704m2 approx. block of land, this development site is ready for you to seize.

Located in an outstanding location, this flat block offers the perfect canvas to build two high-quality townhouses. Each townhouse boasts 3 or 4 bedrooms, 3 bathrooms, and multiple living areas, ensuring a comfortable and spacious living experience.

Not only does this property offer convenience to the beach, this property provides an impressive advantage with its close proximity to local schools, renowned vineyards, charming wine bars, inviting cellar doors, acclaimed distilleries, exceptional bakeries, internationally recognised mountain bike trails, and captivating national parks, including the renowned 2 Bays Walking Track. Even the local leash-free dog park and nature reserve are just minutes away, ensuring a harmonious blend of outdoor activities and natural beauty.

Transportation is a breeze, with local bus links just a short walk from your doorstep. Embrace this remarkable opportunity to create your vision in this highly sought-after location.

Contact Mark on 0490716297 to secure your future in this prime development site.

Features:
- 704m2 Block of Land
- Ready to Build 2 High-Quality Townhouses
- Outstanding Location w/ Easy Access To Beach
- Close Proximity to Local Schools Bike Tails, Parks & More
- Easy Access to Mornington Peninsula & Local Bus Links

Property History for 15 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$695,000
08 Jan 2022
  • 19 May 2023
    Listed for Sale $930,000 - $990,000
  • 08 Jan 2022
    Sold for $695,000
  • 09 Dec 2021
    Listed for Sale $695,000

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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 5,886 properties. Over the last 5 years, Houses in Dromana have seen a 40.08% increase in median value, while Units have seen a 20.52% increase. As at 31 October 2024:

  • The median value for Houses in Dromana is $975,997 while the median value for Units is $770,258.
  • Houses have a median rent of $600 while Units have a median rent of $565.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.