46 Coleus Street, Dromana, Vic 3936

With endorsed plans and permits already in place to build two double-storey townhouses, each with its own pool. This prime bayside property offers an exceptional opportunity for developers, builders, or savvy investors.

Adding to the appeal, a demolition permit has also been approved, and the site is ready for the building permit to be issued as soon as a builder is appointed, saving valuable time and streamlining the path to construction.

Set on a generous block with bay views, the existing home has been partially updated with a modernised kitchen and bathrooms. For those not ready to build, there's still potential to renovate further and create a relaxed coastal escape.

Whether you proceed with the approved development or continue enhancing the current home, the location is a standout, just moments from the beach, shops, cafes and all that Dromana has to offer.


- The current sun-drenched home is updated inside with fresh white decor
- Upstairs living/dining and covered balcony, enjoy bay views throughout
- Chic new kitchen with built-in Technika oven and ceramic cooktop
- Main bedroom with robe and ensuite, and 2 bedrooms with robes
- 3 bedrooms, 2 with robes including the main bedroom with new ensuite
- New ground floor shower room and toilet, plus laundry facilities
- Single garage and single carport entrance plus level front garden
- Large back garden with lemon tree, offers space to extend (STCA)
- Plans for 2 double storey homes with 4BRs, 3bath, dual living, and pool
- About 20mins walk to the beach, multiple cafés, shops, and Dromana Hub 
- Close to the Dromana bike tracks and 7 Minutes to Red Hill wineries