A rare opportunity to secure a magnificent, elevated property with water views and plenty of potential. Situated in the highly sought Panorama Drive, San Remo with established trees, the property invites an exciting opportunity. Comprising a two-bedroom, one-bathroom and living room house perched on a generous 731 square metres, this allotment provides an established position for those with a vision to create something truly special.
The residence is accompanied by the allure of water views and a serene setting amid established trees, lending itself to a relaxing seaside lifestyle. Whether you're drawn to the potential of renovating the existing dwelling or you envisage constructing a bespoke beachside home (subject to council approval), this property is ripe with promise.
For those with an eye on convenience, the location couldn't be better. A leisurely stroll will take you to the local shopping village whilst enjoying the picturesque outlook over Westernport Bay along the way. Phillip Island Road is within easy reach; a quick drive leads you to the larger, neighbouring towns of Wonthaggi and Cowes, expanding your access to amenities and leisure activities and an easy 90 minutes' drive to Melbourne, keeps you in touch with city life.
This is a truly a unique opportunity, providing a blend of lifestyle and potential that is seldom found. First home buyers can step onto the property ladder and refurbish the home with their own personal touch, while investors and developers will recognise the significant potential that 54 Panorama Drive holds.
Garth Lisle Property Consultants are eagerly awaiting your enquiry. Don't miss the chance to secure this unique property with boundless potential in a coveted San Remo location.
The size of San Remo is approximately 15.3 square kilometres. There are 2 parks, covering nearly 0.5% of the total area. The population of San Remo in 2016 was 1254 people. By 2021 the population was 1700 showing a population growth of 35.6% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation.In 2021, 73.70% of the homes in San Remo were owner-occupied compared with 68.70% in 2016.
San Remo has 2,171 properties. Over the last 5 years, Houses in San Remo have seen a 1.08% increase in median value, while Units have seen a -4.66% decrease. As at 31 May 2026:
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