24 Iris Street

Dromana VIC 3936

Positioned in one of Dromana's most desirable hillside locations, this beautifully renovated property presents an outstanding opportunity for investors seeking a high-performing holiday rental or Airbnb asset on the Mornington Peninsula.Set on a generous 604sqm (approx.) allotment, the home combines modern style, flexible accommodation, and breathtaking bay views-key ingredients for attracting year-round holidaymakers and maximising rental returns. Offering four spacious bedrooms, two contemporary bathrooms, and parking for up to three vehicles, the property comfortably accommodates families, groups, and weekend getaway guests.The light-filled upper level showcases sweeping views across the bay, creating a memorable coastal experience that guests actively seek when booking premium Peninsula accommodation. The home's fresh renovation means there's nothing to spend, allowing investors to immediately capitalise on the strong demand for short-stay accommodation in this highly sought-after beachside destination.Outside, the expansive backyard offers exciting opportunities to further enhance guest appeal. With ample space for a future pool, outdoor entertaining zone, or luxury lifestyle additions (STCA), there is significant potential to increase both occupancy rates and nightly returns. A substantial rear shed adds valuable flexibility for storage, recreation equipment, or future lifestyle enhancements.Located just minutes from Dromana's beaches, cafs, wineries, and Peninsula attractions, this is an investment that delivers both lifestyle appeal and strong income potential. Whether you're looking to expand your property portfolio, secure a premium holiday home with earning capacity, or enter the lucrative short-stay accommodation market, this exceptional property ticks all the boxes.A rare opportunity to secure a turnkey coastal investment with stunning bay views, future upside, and proven guest appeal in one of the Mornington Peninsula's most popular holiday destinations.