FOR SALE
$995,000

407 Settlement Road
Cowes VIC 3922

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 648m2
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COASTAL LIFESTYLE BLISS

Beautifully presented and low maintenance is this single level 4-bedroom home situated in the ever-popular Seagrove Estate, full of natural light the home offers stylish, contemporary with easy-care living in mind. Located in a family friendly location, the residence effortlessly fulfils the lifestyle demands of the modern family whilst being only a short 800m stroll to the safe north facing bay beaches of Cowes and Anderson boat ramp.
Catering for all occasions the fluid layout incorporates a magnificent central kitchen highlighting a great space for conversation whilst preparing a meal, 900mm gas cooktop/oven and built in pantry and overlooks the dining and living area. A decked undercover alfresco area flows seamlessly from the main living providing outdoor dining and entertaining boasting landscaped and mature treed tiered gardens with feature arbor swing the perfect place to relax and unwind and enjoy complete privacy whilst still allowing space for potential side access and extra storage if required.
A separate 2nd living area and master bedroom suite featuring a walk-in robe and full ensuite are separated from the main bedroom area where you are afforded the main bathroom featuring separate shower and bath as well as a further 3 generous sized bedrooms all with Built in Robes. A 2 car double remote garage gives you direct access through a fully equipped laundry and straight through to the main home.
** Currently being utilised as an Air BnB this home is earning approx. $80,000 per annum and currently has over 300 reviews putting it in the top-ranking homes in Phillip Island and the Bass Coast for holiday accommodation.
Don't miss your opportunity to secure your dream lifestyle within short distances to all town's amenities including parks and reserves, schools, beaches, shops and town restaurants and cafes.
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Property Details for 407 Settlement Rd, Cowes

407 Settlement Rd, Cowes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 648m2. The place is currently for sale with OBrien Real Estate Judith Wright.

Building Type
House
Land Size
648m2

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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 7,906 properties. Over the last 5 years, Houses in Cowes have seen a 37.23% increase in median value, while Units have seen a 51.42% increase. As at 31 October 2024:

  • The median value for Houses in Cowes is $725,515 while the median value for Units is $553,448.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 119 properties listed for sale, and 13 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Cowes.

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Michael Wilkinson
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OBrien Real Estate Judith Wright
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