3 Eva Lane, Cowes VIC 3922

Set moments from the sand, this thoughtfully designed coastal retreat balances lifestyle, income, and flexibility in a way few properties can. Generating approximately $65,000 per year in Airbnb bookings, it offers buyers a high-yield investment without sacrificing personal use. You can enjoy the home whenever you wish, then simply reopen the calendar and let it earn for you while you're away.

Whether you're dreaming of a family beach escape, a private weekend sanctuary, or a holiday property that continues to generate strong returns throughout the year, this home delivers the perfect blend of freedom and financial upside. With an established short-stay rental presence and consistently strong guest demand, it is an asset that both works for you and welcomes you.

Homes with this kind of dual appeal rarely come to market.

Why You Will Love It
$65k gross annual income with valued guests and strong seasonal demand

Direct foreshore access to the beach, placing you in one of Cowes' most sought-after pockets

Includes its own private boat mooring, offering direct access to the water and enhancing the home's lifestyle appeal

Option to purchase fully furnished, making it truly turnkey for investors or those wanting an effortless holiday home

Dual-level living with generous separation for families, guests, or rental groups

Light-filled top floor featuring soaring ceilings, open-plan living and dining, and a sun-drenched terrace overlooking the foreshore reserve

Four additional bedrooms downstairs, plus a large multipurpose living zone opening to private garden space

Turnkey short-stay rental infrastructure, with the option to continue existing cleaning and management systems

Low-maintenance block, ideal for investors, families, or those seeking a lock-up-and-leave escape

A short 10 minute walk to all that Cowes has to offer - restaurants, pubs, bars, shopping & more.

This is the kind of coastal property that doesn't just hold its value - it elevates your lifestyle. A beachside home with boating access, personal flexibility, strong income, and the ability to step straight into ownership with everything in place.