FOR SALE
New Price - $695,000 - $$749,000

22 Panorama Avenue
Sunset Strip VIC 3922

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 150m2
Land area: 749m2
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Five bedroom holiday home - nest or invest!

Perfect family with dual living, holiday home or investment property, comprising of five bedrooms, two kitchens, two dining/living areas all on a large corner block of 749m2. The property also includes a 6.1kw solar system of 24 panels, making it eco-friendly and energy-efficient. There is a large fully fenced back yard, with enough room for a granny flat (STCA) and plenty of areas for parking in the front yard for your caravan, boat or extra vehicles. Currently being rented as a short term rental.
Centrally located on Phillip Island in the popular area of Sunset Strip, near the Phillip Island Adventure Resort, it's an easy drive to Smiths Beach, Phillip Island Grand Prix Circuit, Newhaven College and Cowes shopping centre. With scenic walking and biking paths taking you past the Koala reserve and into Cowes, it's a perfect location to enjoy the best of Phillip Island.
Built in 2003, this spacious house features two separate dwellings in a split level design. With the upstairs area boasting three bedrooms, all with built-in robes, bathroom, separate laundry and toilet on its own level. Internal stairs take you to an open plan kitchen, dining and lounge area with a wood fired heater conveniently placed in the heart of the home to keep the family warm in those cooler months and also has an airconditioner for the summer period. The kitchen has a free standing electric stove, range hood and overhead cupboards with a small breakfast bar adjoining the dining area. Glass sliding doors flow out to a large covered balcony where you can enjoy a BBQ and drinks with family and friends or simply relax and take in the island views.
Downstairs is a separate two bedroom unit which features an open plan kitchen, dining and living area and a bathroom with a shower, toilet and vanity. This unit would be ideal to rent out for additional income while you live upstairs or for elderly parents or older adult children not able to get into the rental market.
Phillip Island has many beatuiful beaches and attractions such as the famous Penguin Parade and The Nobbies where you can explore winding boardwalks which boast spectular cliftop views and beyond to Seal Rocks where Australia's largest fur seal colony live. Thousands of tourists flock to the Island every year to enjoy surfing, boating, fishing, cruises, cafes and wineries. From May to November the island plays host to the annual whale migration where the community celebrates with the yearly Whale Festival.
With dual living options, a ground floor unit, and the potential for holiday rentals, this property offers versatility and convenience (Currently being rented as an air BNB holiday home)Contact Teresa on 0429 398730 today to schedule a viewing.
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Property Details for 22 Panorama Ave, Sunset Strip

22 Panorama Ave, Sunset Strip is a 5 bedroom, 2 bathroom House. The property has a land size of 749m2 and floor size of 150m2. The place is currently for sale with Eview Group - Australia.

Building Type
House
Floor Size
150m2
Land Size
749m2

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About Sunset Strip 3922

The size of Sunset Strip is approximately 0.4 square kilometres. It has 1 park covering nearly 2.8% of total area. The population of Sunset Strip in 2011 was 339 people. By 2016 the population was 441 showing a population growth of 30.1% in the area during that time. The predominant age group in Sunset Strip is 0-9 years. Households in Sunset Strip are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sunset Strip work in a trades occupation. In 2011, 69% of the homes in Sunset Strip were owner-occupied compared with 61.7% in 2016.

Sunset Strip has 390 properties. Over the last 5 years, Houses in Sunset Strip have seen a 45.88% increase in median value. As at 31 August 2024:

  • The median value for Houses in Sunset Strip is $788,958 while the median value for Units is $705,482.
  • Houses have a median rent of $450.
There are currently 4 properties listed for sale, and 1 property listed for rent in Sunset strip on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Sunset strip.

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Teresa Young
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Leanne Poulton
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Eview Group - Australia
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.