234 Boundary Road, Dromana

Premium Commercial Development Site (192m2)

Retail Sold - Dromana VIC

Auction Location: Onsite

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.