Aspen Group to Sell Controversial 48 Hectare Dromana Site

PERTH-based developer Aspen Group has quietly listed for sale a controversial 48 hectare Mornington Peninsula property it acquired as a “green wedge” zoned site two years ago and had rezoned.
 
The Dromana property at 143 Nepean Highway, is a resort development site and will be sold with a permit for an 80-room hotel, a function centre, winery, restaurant, golf driving range and 472-site caravan and camping ground.

Despite the rezoning, Aspen is not expected to recover all of the $6 million it is speculated to have paid for the Dromana tourist accommodation site in 2007.