If you are looking for a development that is ready to go then look no further that this prime parcel of land in the ever popular suburb of Dromana. Situated within 400m to the beach and close to parks, shops and public transport is this fantastic block of approx 1012m2. Plans and permits have been approved for 3 Townhouses ranging in size from 255m2 to 279m2 so you could start asap, or renovated the existing 4 bedroom Character home and return the property to its’ past glory. With potential bay views from the 2nd story of the development and positioned in the most sought after area of Dromana this is an investment not to be missed. Currently tenanted on a month to month basis of $350pw there is an immediate return available. With interest rates at record low levels and the real estate market on the Peninsula at an all time high and no signs of a slowed now is the time to act and secure your slice of heaven, call Darrin now for your inspection.