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31 - 39 Palmerston Avenue, Dromana, Vic 3936 For Sale

31 - 39 Palmerston Avenue, Dromana, Vic 3936

$1,375,000 - $1,495,000

Residential Land
Type
1,103 m²
Area

Published on Thursday, September 17, 2026 ( See property details for 31 - 39 Palmerston Avenue, Dromana, Vic 3936)

$1,375,000 - $1,495,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 1,103sqm corner landholding in Dromana offering exceptional development potential and prime coastal proximity.

🏡 Property Highlights

  • Generous 1,103sqm corner landholding with five subdivided lots
  • Versatile Commercial 1 zoning suitable for various development outcomes
  • Potential for mixed-use, commercial, or residential development (STCA)
  • Prime location minutes from beaches, shops, cafes, and scenic attractions
  • Clear, level, and ready-to-build site offering flexible construction options
  • Opportunity to purchase individual lots or the entire site

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Garage
  • Air Conditioning
  • Ensuite
  • Floorboards
  • Internal Laundry

Dromana is a vibrant coastal suburb renowned for its stunning beaches, scenic attractions, and convenient access to shops, cafes, and wineries. Its strategic location offers excellent connectivity to major roads, schools, and recreational parks, making it ideal for both lifestyle and development pursuits. The area boasts a strong community vibe, with a mix of residential and commercial properties, and is perfect for those seeking a relaxed yet accessible coastal lifestyle.

What types of development are possible on this site?
The site offers potential for commercial, mixed-use, and residential developments, subject to council approval and meeting planning requirements.
Is there scope for rezoning the land for residential use?
Yes, there is potential for the site to be rezoned for residential use, subject to council approval (STCA).
What are the benefits of purchasing the entire landholding versus individual lots?
Buying the entire site provides flexibility for larger-scale development or investment, while individual lots offer targeted opportunities for smaller projects or specific uses.
How close is the property to local amenities and attractions?
The property is approximately 2km from the beach and Dromana Hub Shopping Centre, with nearby cafes, schools, and scenic parks, providing a highly accessible and desirable location.
Are there any restrictions or covenants on the land?
Prospective buyers should verify any restrictions or covenants with local council or relevant authorities during their due diligence process.
Are there any existing planning restrictions or zoning overlays that could affect development plans? What are the potential costs associated with rezoning or obtaining development approvals? Are there any easements, covenants, or rights of way registered on the title that could impact construction? Has a recent land survey been conducted to confirm boundaries and lot sizes? Are there any known environmental issues or site contamination concerns? What are the local council's future development plans that could influence the area? Is there any ongoing or planned infrastructure work nearby that could cause disruption? Are there any restrictions on building height, setbacks, or design within the zone? What are the current rates and taxes applicable to the land? Are there any existing structures or improvements on the land that require removal or renovation?

31 - 39 Palmerston Avenue, Dromana, Vic 3936 - More Details

$1,375,000 - $1,495,000

Offering abundant potential, this generous 1,103sqm (approx.) corner landholding comprises 5 subdivided lots ranging from 218sqm to 223sqm, available to purchase individually or as one complete site. Zoned Commercial 1, the property presents a versatile opportunity for developers or owner-builders, with potential for a range of commercial, mixed-use and residential outcomes, subject to meeting Council's planning requirements, including potential for the site to be rezoned for residential use, subject to council approval (STCA).

The site offers scope to establish business premises or pursue a mixed-use development incorporating a residential component, providing flexibility for a variety of future uses.

As well as being minutes to local shops, cafés and reserve, this location is just a short drive to the beach, Dromana Hub, and Collins Road Industrial Estate, distilleries and breweries.

- 1,103sqm (approx.) block, subdivided into 5 lots from 218sqm to 223sqm
- Purchase a single lot or secure the entire landholding
- Great location for a range of business/commercial ventures
- Commercial 1 zoning providing potential for commercial, mixed-use and residential outcomes, subject to planning requirements
- Opportunity to incorporate a residential component within a mixed-use development, STCA
- Around 2km walk to the beautiful beach and Dromana Hub Shopping Centre
- 1.5km to Boundary Rd shops and cafes, plus Hillview Community Reserve
- Close to many Peninsula wineries, golf courses, and scenic attractions
- Minutes to local schools, freeway access, and Arthur's Seat State Park
- Cleared level block providing many construction options STCA

31 Palmerston Avenue | $275,000 - $295,000
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37 Palmerston Avenue | $275,000 - $295,000
39 Palmerston Avenue | $275,000 - $295,000

Disclaimer - Whilst every effort has been made to ensure the accuracy of the information provided, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers should make their own enquiries to verify all information, including land size, building size, floor plans, and zoning.
Type
Residential Land
Area
1,103 m²

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