39 Codrington Street, Dromana, Vic 3936

bedrooms 5
bathrooms 2
parkingSpaces 1
|House
$1,350,000 - $1,450,000
$1,350,000 - $1,450,000
Published on: 17 Apr 2026
Last updated on: 02 Jun 2026
39 Codrington Street, Dromana, Vic 3936
39 Codrington Street, Dromana, Vic 3936
39 Codrington Street, Dromana, Vic 3936
+26
39 Codrington Street, Dromana, Vic 3936
  • 26
  • 1
Property ID: 150920324
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CHARACTER, SPACE & LIFESTYLE - BAY VIEW DEVELOPMENT POTENTIAL

39 Codrington Street, Dromana, Vic 3936
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.
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Property Details

Basic Info

Property Type
House
Listing Status
On Market
Parking Spaces
1
Land Size
951.00 m2
Rooms
5 bedroom(s), 2 bathroom(s)
Address
39 Codrington Street, Dromana, Vic 3936

Floorplans and tours

Floorplan
Video

Agent price guide

Elke Remscheid
Elke Remscheid
Ryan Oswald
Ryan Oswald
349 - 351 Point Nepean Road, Dromana, Vic 3936
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Email enquiry to YPA Dromana - DROMANA

Elke Remscheid
Elke Remscheid
Ryan Oswald
Ryan Oswald
349 - 351 Point Nepean Road, Dromana, Vic 3936
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      Property ID: 150920324

      Original Property ID: 150920324
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