SOLD
Sold on 02 Aug 2024 for $3,450,000

143 Pyramid Rock Road
Cowes VIC 3922

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Floor area: 108m2
Land area: 633900m2
Sold By
Alex Scott & Staff Cowes
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Property Details for 143 Pyramid Rock Rd, Cowes

Building Type
Rural
Floor Size
108m2
Land Size
633900m2
Local Government
Bass Coast
Lot/Plan
2/PS417541

Last Listing description (September 2024)

This property presents an excellent opportunity to secure a beautiful farm adjoining a residential Zone close to Cowes and everything that Phillip Island has to offer.

First time offered in 80 years the property features a four-bedroom home with views across the Islands farmland plus a fully self-contained two bedroom Cottage.
The main home features four bedrooms, a master bedroom with ensuite and built-in robes, a big country style kitchen with a light filled family room plus a second large living room with an open fire. The home has sweeping rural views of the Islands farmland towards Ventnor. A newer two-bedroom cottage designed for visiting family and friends has open plan living and kitchen, plus two generous bedrooms and bathroom. The house yard has a 3-car garage and an adjoining three bay machinery shed.

The property has additional excellent shedding, with 4 large hayshed's, two large machinery sheds plus workshop, and stock shelters. There is also a not active herringbone milking shed complete with very good all weather stock handling facilities. A central laneway system with frontage to Ventnor Road and Pyramid Rock Road services the entire property. A whole farm plan with more than twenty paddocks across the 156 acres are easily accessible on the all-weather gravel laneway system.

The property has 3 phase power, town water plus 4 dams and a fully reticulated stock watering system with drinking troughs in each of the main paddocks. This has been a much-loved family farm that grows an abundance of grass backed by a first-class fertiliser history.

This is a premium rural holding, asking under $22,500 per acre ($55,222 per Hectare) this Property represents outstanding Phillip Island farmland value. Call Alex Scott & Staff on 5952 2633 to arrange a private inspection.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property History for 143 Pyramid Rock Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$3,450,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $3,450,000
  • 08 May 2024
    Listed for Sale Not Disclosed
  • 05 Oct 2023
    Listed for Sale CONTACT AGENT
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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, 228 properties were sold in the past 12 months in Cowes.

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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.