27 Pier Street, Dromana, VIC 3936 sold on 29 January 2025 | OnTheHouse
SOLD
Sold on 29 Jan 2025 for $850,000

27 Pier Street
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 96m2
Land area: 100m2
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Property Details for 27 Pier St, Dromana

Building Type
Commercial
Floor Size
96m2
Land Size
100m2

Last Listing description (January 2025)

Nestled just 150 meters away from the picturesque Dromana Pier and bustling beach foreshore, this commercial shopfront offers an unbeatable location for your venture. Spanning approximately 100m2, this prime space is situated in the vibrant centre of Dromana's commercial district, ensuring maximum exposure and foot traffic.

With the ability to develop three storeys, you have the flexibility to expand and grow your business to its full potential. What sets this shopfront apart is its strategic positioning directly across from the popular IGA supermarket. This means that your business will benefit from the constant flow of customers in search of groceries and other essentials.

Imagine the possibilities - whether you're opening a trendy cafe, a boutique clothing store, or a professional service, this shopfront offers the perfect canvas for your vision. Capture the attention of both locals and tourists alike, ensuring a steady stream of customers year-round.

Walk in Freezer, Walk in Coolroom and Extraction Canopy already in place.

Contact us today to secure this prime spot and turn your dreams into reality!

NB: Sale is subject to GST (Vacant Possession)

Property History for 27 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$850,000
29 Jan 2025
Listed for Rent
11 May 2021
  • 29 Jan 2025
    Sold for $850,000
  • 01 Feb 2024
    Listed for Sale Contact Agent
  • 05 Mar 2021
    Listed for Rent - Price not available
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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 6,008 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 6 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 251 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Sam Austen
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GRANGER Estate Agents
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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.