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For sale

3 Devon Avenue,
Cowes 3922, Victoria

1,041m² land size
Land

$779,000

Property Price Statement

Property details

Prime Beachside Development Opportunity

An outstanding opportunity awaits in a highly desirable pocket of Cowes, where an impressive 1,041sqm (approx.) allotment offers exceptional scope for redevelopment in a location just moments from the beach.

Currently occupying the site is an existing three-bedroom residence requiring demolition, providing a clear opportunity for buyers to unlock the full potential of this substantial landholding. With its generous dimensions and enviable coastal position, the property lends itself to a variety of future possibilities, from the construction of a luxurious new beachside residence through to a multi-dwelling or townhouse development (STCA).

For developers, builders and investors, the combination of land size and location is particularly compelling. Opportunities to secure more than 1,000sqm so close to the Cowes foreshore are increasingly difficult to find, offering the chance to create a quality development that takes full advantage of the continued appeal of Phillip Island's thriving coastal market.

The location further enhances the property's potential, with the beach less than a one-minute walk away, allowing you to enjoy morning strolls along the shoreline, summer swims and the relaxed coastal lifestyle Cowes is renowned for. Thompson Avenue's bustling shopping and dining precinct is also only a few minutes' drive away, placing cafés, restaurants, supermarkets, boutique shopping and everyday conveniences within easy reach.

Whether your vision is to develop, build a premium coastal residence or secure a substantial parcel of land for the future, this exceptional property represents a rare opportunity to acquire a significant landholding in one of Cowes' most desirable beachside locations.

With its impressive proportions, outstanding position and exciting possibilities, this is an opportunity with enormous potential in the heart of Phillip Island.

This property in Cowes is proudly presented for sale through Ray White Real Estate Phillip Island.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Inspections

Explore the area

School catchments

  • Cowes Primary School Primary Prep-6 Government 1.7km
  • Our Lady Star of the Sea Catholic Primary School Primary Prep-6 Catholic 2.8km
  • Newhaven College Combined Prep-12 Independent 5.7km
  • Phillip Island Village School Primary Prep-6 Independent 6.6km
  • Somers Primary School Primary Prep-6 Government 8.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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