FOR SALE
$1,300,000 - $1,350,000

11 Findlay Street
Cowes VIC 3922

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1006m2
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Prime Opportunity in the Heart of Cowes!

This expansive 1006sqm block, is perfectly positioned just 250 meters from the breathtaking north-facing beach and serene Erehwon Point park, offers a rare opportunity to secure a highly coveted location in Cowes. Nestled within this sought-after setting is an original 1950s brick home, full of character and brimming with potential-an ideal blank canvas for renovation or redevelopment.
The residence features two generously sized living areas, perfect for hosting family gatherings or simply relaxing in comfort. With three well-proportioned bedrooms, there's plenty of space to accommodate family and guests. The single bathroom retains its vintage beachside charm, while the kitchen, equipped with practical laminate countertops and an upright electric oven, is ready for you to modernize into your dream cooking space.
Outside, a garden shed provide ample storage and workspace, while the split system heating and cooling ensure year-round comfort. A combination of floorboards and carpeting throughout the home creates a warm, welcoming atmosphere.
Whether you're looking to subdivide, develop, or renovate, this property holds incredible potential (subject to council approval). There are plans and permits available for a luxury/prestige 4 townhouse development. The unbeatable location offers easy access to the town center, just a short stroll away, where you'll find an array of cafes, restaurants, shopping, and essential services. Plus, you're only a 10-15 minute drive from major tourist attractions such as the Grand Prix Circuit, Penguin Parade, Churchill Island, and local wineries.
Seize this unique chance to create something special in one of Cowes' most desirable locations. Whether you choose to restore the charm of the existing home or embark on a new development, the possibilities here are endless, offering the promise of both lifestyle and investment appeal.
Proudly presented by Ray White Real Estate Phillip Island, this is your opportunity to secure an exceptional piece of Cowes.
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Property Details for 11 Findlay St, Cowes

11 Findlay St, Cowes is a 3 bedroom, 1 bathroom House. The property has a land size of 1006m2. The place is currently for sale with Ray White Phillip Island.

Building Type
House
Land Size
1006m2

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About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. It has 20 parks covering nearly 6.7% of total area. The population of Cowes in 2011 was 4,053 people. By 2016 the population was 4,832 showing a population growth of 19.2% in the area during that time. The predominant age group in Cowes is 60-69 years. Households in Cowes are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cowes work in a trades occupation. In 2011, 63.7% of the homes in Cowes were owner-occupied compared with 65.4% in 2016.

Cowes has 7,914 properties. Over the last 5 years, Houses in Cowes have seen a 39.38% increase in median value, while Units have seen a 51.12% increase. As at 30 November 2024:

  • The median value for Houses in Cowes is $741,824 while the median value for Units is $561,544.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 121 properties listed for sale, and 7 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Cowes.

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