171 Dromana Parade, Safety Beach, VIC 3936 | House for sale | OnTheHouse
 
FOR SALE
$1,485,000

171 Dromana Parade
Safety Beach VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1821m2
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1,821m² Coastal Development Opportunity with Holding Income & Planning Certainty

APPROVED CULTURAL HERITAGE MANAGEMENT PLAN | DEVELOPMENT DUE DILIGENCE UNDERWAY | FLEXIBLE SETTLEMENT AVAILABLE
Rare opportunities like this are becoming increasingly scarce on the Mornington Peninsula.
Inspections by Appointment Only due to property being tenanted.
Set on an impressive 1,821m² (approx.) allotment just moments from the shoreline of Safety Beach, this exceptional property presents an outstanding opportunity for developers, investors, landbankers and owner-occupiers seeking a substantial coastal holding in one of the Peninsula's most tightly held locations.
What truly sets this property apart is the significant planning and due diligence already completed. A comprehensive Cultural Heritage Management Plan was undertaken for the original development proposal, including desktop, field and archaeological investigations, with no Aboriginal cultural heritage identified on the site. Independent heritage advice has since confirmed the approved CHMP remains applicable to the current five-townhouse development proposal*, providing purchasers with valuable planning certainty and potentially saving considerable time during the development process.
The existing four-bedroom residence offers immediate holding income, with an estimated rental return of approximately $750 per week, allowing purchasers to generate income while progressing future plans.
The home itself is well presented and offers:
• Four generous bedrooms, including master with walk-in robe and ensuite
• Central family bathroom servicing the remaining bedrooms
• Spacious open-plan kitchen, meals and living area
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Property Details for 171 Dromana Pde, Safety Beach

171 Dromana Pde, Safety Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1821m2. The place is currently for sale with Omada Real Estate.

Building Type
House
Land Size
1821m2
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About Safety Beach 3936

The size of Safety Beach is approximately 6.0 square kilometres. There are 23 parks, covering nearly 12.2% of the total area. The population of Safety Beach in 2016 was 4821 people. By 2021 the population was 6328 showing a population growth of 31.3% in the area during that time. The predominant age group in Safety Beach is 70-79 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a professional occupation.In 2021, 70.40% of the homes in Safety Beach were owner-occupied compared with 69.80% in 2016.

Safety Beach has 5,209 properties. Over the last 5 years, Houses in Safety Beach have seen a -3.74% decrease in median value, while Units have seen a -2.84% decrease. As at 31 July 2026:

  • The median value for Houses in Safety Beach is $1,127,611 while the median value for Units is $784,867.
  • Houses have a median rent of $798 while Units have a median rent of $695.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to Cotality's data, 200 properties were sold in the past 12 months in Safety beach.

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Vicky Gardner And David Michos
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Omada Real Estate
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