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Overview
24 Iris Street, Dromana
Positioned in one of Dromana's most desirable hillside locations, this beautifully renovated property offers an exceptional opportunity for investors seeking a high-performing holiday rental or Airbnb asset on the Mornington Peninsula.
Set on a generous 604 square meter allotment, the home combines modern style with flexible accommodation and breathtaking bay views, which are key ingredients for attracting year-round holidaymakers and maximizing rental returns.
The property features four spacious bedrooms, two contemporary bathrooms, and parking for up to three vehicles, comfortably accommodating families, groups, and weekend getaway guests.
The light-filled upper level showcases sweeping views across the bay, creating a memorable coastal experience that guests actively seek when booking premium Peninsula accommodation. The fresh renovation means there is nothing to spend, allowing investors to immediately capitalize on the strong demand for short-stay accommodation in this highly sought-after beachside destination.
Outside, the expansive backyard offers exciting opportunities to further enhance guest appeal. There is ample space for a future pool, outdoor entertaining zone, or luxury lifestyle additions (subject to council approval), providing significant potential to increase both occupancy rates and nightly returns. A substantial rear shed adds valuable flexibility for storage, recreational equipment, or future lifestyle enhancements.
Located just minutes from Dromana's beaches, cafés, wineries, and Peninsula attractions, this investment delivers both lifestyle appeal and strong income potential. Whether expanding a property portfolio, securing a premium holiday home with earning capacity, or entering the lucrative short-stay accommodation market, this exceptional property ticks all the boxes.
This is a rare opportunity to secure a turnkey coastal investment with stunning bay views, future upside, and proven guest appeal in one of the Mornington Peninsula's most popular holiday destinations.
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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Dromana VIC 3936
Market Insights for Dromana VIC 3936
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