12-14 Brasser Avenue, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

12-14 Brasser Avenue
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2632m2
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Property Details for 12-14 Brasser Ave, Dromana

Building Type
Commercial
Land Size
2632m2
Local Government
Mornington Peninsula
Lot/Plan
PC358436

Last Listing description (October 2021)

Nichols Crowder is proud to present this outstanding investment opportunity in Dromana on the Mornington Peninsula.

A National Tenant listed on the ASX which is one of Australia's leading and fastest growing premium craft drinks companies. Occupied by subsidiary business Jetty Road Brewery, this award winning brewery and restaurant operation provides a sophisticated brewing/ bottling processes, wholesale distribution and on-site retail and restaurant within the vibrant Dromana Industrial Hub.

Located only minutes from the Safety Beach/Dromana beach foreshore, Mornington Peninsula Freeway and an hour from Melbourne CBD.

Key investment highlights:

* Brand new 15 year lease plus 10 year option to 2046
* 2,632 sqm* landholding with 49 meter frontage and exposure to Brasser Avenue
* Leased to Mighty Craft Investments Pty Ltd a wholly owned subsidiary of ASX listed MCL's (Mighty Craft Limited) and occupied by Jetty Road Brewery
* Net annual income: $165,000 plus GST and outgoings
* Tenant pays all usual outgoings including single holding land tax
* Annual rent increases ensuring rental growth with market review at the option
* 1,000 sqm* building area with extensive improvements
* Situated within the highly acclaimed Dromana Industrial Hub, home to the famous Beer Cider and Spirits Trail

Auction Friday 15th October at 12.30pm online. Registration required to bid.

For further information or to arrange an inspection, please contact:

Jamie Stuart 0412 565 562
Tom Crowder 0438 670 300

PLEASE NOTE:

* Inspections are carried out in accordance with strict COVID-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 12-14 Brasser Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$3,550,000
15 Oct 2021
  • 15 Oct 2021
    Sold for $3,550,000
  • 13 Sep 2021
    Listed for Sale Contact Agent
  • 12 Jan 2018
    Sold for $1,200,000
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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 2016 was 5803 people. By 2021 the population was 6626 showing a population growth of 14.2% 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 2021, 70.70% of the homes in Dromana were owner-occupied compared with 67.90% in 2016.

Dromana has 6,007 properties. Over the last 5 years, Houses in Dromana have seen a 30.22% increase in median value, while Units have seen a 29.31% increase. As at 31 December 2025:

  • The median value for Houses in Dromana is $1,050,608 while the median value for Units is $823,135.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 7 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 240 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.