171 Dromana Parade

Safety Beach VIC 3936

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

Well-appointed kitchen with large oven, dishwasher and pantry

Ducted heating throughout

Split-system cooling

Large laundry with excellent storage

Extensive internal storage throughout

Large rear shed

Outside, the expansive backyard provides an immediate appreciation of the scale and versatility of this outstanding landholding.

Located within easy walking distance of the foreshore and positioned close to Martha Cove Marina, Safety Beach Sailing Club, local cafs, shopping, schools, golf courses and the Mornington Peninsula Freeway, the property combines an enviable coastal lifestyle with exceptional long-term development potential.

Development Highlights - Developer Information Pack Available Upon Request

Expansive 1,821m (approx.) allotment

Existing residence providing holding income

Approved Cultural Heritage Management Plan

Independent heritage advice supporting current development proposal*

Feature & Level Survey previously done

Flexible settlement terms available

Outstanding coastal location approximately 250 metres to Safety Beach foreshore

Whether your intention is to develop immediately, landbank for the future or secure a substantial coastal property with exceptional upside, this is a rare opportunity to acquire one of Safety Beach's most compelling development sites.

- Information of Memorandum available

* Purchasers should make and rely upon their own enquiries regarding planning, development potential and statutory approvals. All information prepared in good faith, purchasers are responsible for their own due diligence.