3 Devon Avenue, Cowes VIC 3922

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.