Where charm meets comfort in this delightful cedar cottage. Build in approx. 1992, situated on a generous allotment spanning approx. 666m2, this property is nestled in a peaceful residential area of Dromana, just a short drive away from the beach, shopping facilities, and all the wonders the Mornington Peninsula has to offer. Unlock an investment, renovation, and development opportunity all in one! This property provides steady rental income, and the possibility of expansion, renovation or subdivision (STCA)—capitalizing on the growing demand in the area. As you step inside, you'll be greeted by the inviting open plan living space adorned with a vaulted timber ceiling and feature timber floors. The atmosphere is perfectly controlled with a split air conditioner for those warm summer days and a classic pot belly heater to keep you cozy during the cooler months. The high bench top kitchen boasts a gas cooking stove and seamlessly serves the living and dining area, making it an ideal space for entertaining guests or enjoying family meals. Offering ample accommodation, this home features three bedrooms, including a master bedroom that enjoys the luxury of a full en-suite bathroom. The rest of the family is well taken care of with a second bathroom available. A separate laundry adds convenience to your daily routine, and a full-length covered front porch provides a tranquil spot to relax and enjoy the outdoors. The large rear yard will provide plenty of room for activities and garden. Security and privacy are assured as the property is fully fenced, and your vehicles will find shelter in the double carport. Features: - Charming cedar cottage on a spacious allotment of approximately 666m2 - Quiet residential area in Dromana, close to the beach, shopping, and Mornington Peninsula attractions - Open plan living with vaulted timber ceiling and feature timber floors - Split air conditioner and classic pot belly gas heater for year-round comfort - High bench top kitchen with gas cooking stove, serving the living/dining area - Three bedrooms including a master with full en-suite, plus a second bathroom - Separate laundry and full-length covered front porch - Fully fenced property with a double carport Investment Opportunity: It presents a great opportunity for investors looking for an income-generating property. Renovation Opportunity: With its charming features and solid structure, this cedar cottage offers potential for renovation and customisation according to your personal style and preferences. Unleash your creativity and transform this property into your dream home. Development Opportunity (Subject to Council Approval): The generous allotment and favourable location present a potential development opportunity (STCA). Explore the possibility of expanding or subdividing the land to maximize its potential and capitalise on the growing demand in the area.