362 Settlement Road, Cowes VIC 3922

Positioned on a generous approx 820sqm block, this charming 4-bedroom, 2-bathroom home is a fantastic investment opportunity with endless potential. Whether you're looking for a permanent residence, holiday retreat, or future development site (STCA), this property ticks all the boxes.

From the moment you step inside, you'll be captivated by the character and warmth of the open-plan kitchen, dining, and living area, featuring soaring high ceilings, abundant natural light, and a cozy wood fire. The north-facing deck, accessible from the living space, is perfect for entertaining, with half of it covered for year-round enjoyment. The fully equipped kitchen boasts a breakfast bar, electric cooktop, and dishwasher, making it both stylish and functional. Three spacious bedrooms include built-in robes, while the fourth bedroom offers versatility—easily converted into a second living area if desired. The home features two bathrooms, one complete with a bathtub for added convenience.

Additional features include a split system for year-round comfort, a ceiling fan, and a separate laundry.

The location is superb, just 700 metres from the beach, allowing you to enjoy the stunning coastline within a short stroll. The Cowes boat ramp is only 950 metres away, perfect for boating and fishing enthusiasts, while Thompson Avenue, with its array of shops, cafes, and restaurants, is just 1.5 kilometres from your doorstep.

Outside, the expansive backyard offers incredible potential. With the home positioned at the front of the block, there’s ample room to add a granny flat, a large shed, or explore subdivision options (STCA). This is an exceptional opportunity in a sought-after location—contact us today to arrange an inspection!