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234 Boundary Road
Dromana VIC 3936
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Sold on 26 May 2023

234 Boundary Road Dromana VIC 3936

  • Shop & Retail
  • 130 m²
  • Sold

Premium Commercial Development Site (192m2)

  • Rear Access
  • 3 Story Development Potential (STCA)
  • Vibrant Strip of Shops

Open for Inspection Saturday 25th March 11:30am

Pairing a premium commercial holding with lucrative development potential this dynamic opportunity includes a fully-equipped commercial kitchen, adjoining residence and potential to transform the site into three levels of income generating real estate (STCA.). Deeply rooted in the flourishing community of mountain bike trails just moments from the heart of Dromana's coastal township, this site secures unlimited business potential.

Formerly licensed for 52 patrons, the red line extends outdoors encompassing an open-aired space for customers to enjoy the sunshine and vibrant surroundings with the complement of quality hospitality. Equipped as a bar the premises includes a full fit-out with front of house seating, bar, and commercial kitchen comprising ovens, dishwasher, ice-machine and ample bench space adjoining the rear residence.

Extending from a living space two bedrooms share split-system air conditioning and a central bathroom before opening to the rear yard.

Fully operational and awaiting a business-minded investor, the site encourages a vision for future redevelopment (on 192m2) with potential to construct a three storey building comprising two apartments and a refreshed hospitality/retail site at ground level (STCA). The privilege of rear access ensures a private entryway to the existing residence with potential redevelopment redirecting private traffic away from the shop front.

AUCTION

Auction date and time25/03/2023 12:00
Auction location234 Boundary Road, Dromana VIC

Property Highlights

Date Sold26 May 2023
Floor Area130 m²
Land Area192 m²
ParkingAsk Agent
Property ID2018392365
Category
Last updated  30 Mar 2023
Map for 234 Boundary Road Dromana VIC 3936

Property Highlights

Date Sold26 May 2023
Floor Area130 m²
Land Area192 m²
ParkingAsk Agent
Property ID2018392365
Category
Last updated  30 Mar 2023
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