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39 Codrington Street

Dromana, VIC 3936, Australia
$1.35m
5 bed 2 bath 1 car951m²

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Area Price Guide
$1.27m$1.43m

Indicative price guide range

🏘️
92
Comparable
📊
$1.10m
Area median
⚖️
+23%
vs median
📐
$1,420
Per m²
📏
951 m²
Land
🗓️
1 week ago
Listed

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About this property

Set in the heart of leafy Old Dromana, this gorgeous and spacious weatherboard home offers an exceptional lifestyle opportunity just moments from everything that makes this location so sought after. Within easy walking distance to Dromana Park, the Visitor Information Centre, the Community Hall and of course, the beach. You can leave the car at home and simply enjoy the surroundings. Occasionally used by the owners and successfully operating as an AirBnB, the property presents a versatile opportunity for permanent living, holiday use or investment. FEATURING: Generous and flexible floorplan with expansive indoor & outdoor living Five well-sized bedrooms, including a large master bedroom at the front with ensuite and walk-in robe Family bathroom with spa bath, shower & separate toilet servicing the remaining bedrooms Modern kitchen with stainless steel appliances, island bench & breakfast bar Timber floorboards through the main living areas and master bedroom Carpeted secondary bedrooms for added comfort Ducted heating & evaporative cooling Open Fireplace Huge outdoor decking area for entertaining family and friends plus extra fire pit area Timber shed & Cubby house Ample storage throughout the home Proven AirBnB success, offering immediate income potential Potential bay views from a future double-storey development Potential for a 3-unit site (STCA) Permanent Rental estimate based on the current market approx. $775 - $825 per week Combining timeless character with modern comfort and outstanding future potential, this is a rare opportunity to secure a substantial home in one of Dromana's most tightly held pockets. Whether you are looking to move in, invest, holiday there or explore development options, this property offers flexibility, lifestyle and long-term value. INSPECT AS ADVERTISED OR BY APPOINTMENT Disclaimer: *All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice. **Photo ID is required at all Open Homes. View our complete privacy policy at: ypa.au/privacy

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $6,545/month
    $3,272 /fortnight
    Loan $1,080,000 at 6.10% over 30 years

    Upfront costs

    Deposit$270,000
    Stamp duty$74,250
    Conveyancing (est.)$2,000
    Total upfront$346,250
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    1
    Land Area
    951m²
    Listed
    1 week ago

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