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.
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 7,907 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:
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