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15 Kangerong Avenue, Dromana VIC 3936

$775,000 - $825,000

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

Land 561 m²

Listed: 2 days ago

Overview

This vacant allotment at 15 Kangerong Avenue offers a rare beachside opportunity within just 250 meters of Dromana Beach, an appealing prospect for builders, developers, and investors looking to establish a footprint in one of Mornington Peninsula’s coveted coastal areas.

The property is enhanced by approved plans for a substantial five-bedroom residence, providing a solid foundation for creating a generous coastal home tailored to modern lifestyle expectations. Being a vacant block, it offers flexibility for customization and design, allowing the future owner to capitalize on the scenic and lifestyle benefits of a seaside location.

Its position in proximity to the bustling Dromana Hub ensures convenience, with restaurants, cafés, coastal trails, parks, and public transport all within easy reach. The nearby Mornington Peninsula Freeway facilitates straightforward access for commuters or those seeking to explore the broader region.

This parcel particularly suits those aiming for a permanent beachside residence, a holiday retreat, or those seeking an investment that taps into the growth and desirability of a popular coastal community.

For those considering larger coastal holdings or development potential, the neighboring allotment at 14 Joan Avenue, also comes with proposed plans and is offered separately, presenting an opportunity to secure additional land in this sought-after pocket.

Local Market Insights

In Dromana, Quiet Listings observed 4 new parcels of land entering the market over the last 30 days, unchanged from 4 in the prior period, with an average advertised asking price of $732,500. The property type mix of listed properties is predominantly Houses at 71%, followed by townhouses (12%), and units (8%). The most active agency for land in the Dromana area is currently Belle Property, representing 25% of new listings, followed by Basso Real Estate with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.