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20 Happy Valley Drive
SUNSET STRIP Victoria 3922

Fixed Date Sale $490,000 - $535,000
Search Price: $490,000
3
Bed
1
Bath
Property Type: House
Last Updated: 19 Jan 2026
Overview

Offers Closing 16/02/2026 at 5:00pmPositioned in a quiet pocket of Sunset Strip, 20 Happy Valley Drive presents an exceptional opportunity for investors and renovators seeking strong value add potential in a highly desirable coastal setting.Set on a generous allotment, this three bedroom one bathroom residence offers a solid foundation with ample scope to renovate, modernise or reimagine subject to council approval. The practical floor plan is easy to work with, making it ideal for a cosmetic refresh or a more substantial renovation to enhance rental appeal or future resale value.The central living area features a charming wood fireplace, capturing the warmth and character of a classic beach house and making it perfect for cosy winter weekends by the coast. Original features throughout add personality and provide an excellent base for those wanting to preserve the home's relaxed seaside charm while improving comfort and functionality.Outside, the spacious yard offers versatility for outdoor entertaining, future improvements or potential extension, with the added convenience of a garden shed for storing tools or beach equipment.Enjoying a peaceful location while remaining close to local beaches and Phillip Island's popular attractions, the property is well suited to long term leasing, holiday accommodation, or future redevelopment subject to council approval.This is a rare opportunity to secure a property with genuine coastal character, solid investment credentials, and clear upside in one of Phillip Island's most sought after locations.Photo ID is required at all open for inspections.This Cowes property is proudly presented by Ray White Real Estate Phillip Island.

Location
20 Happy Valley Drive
SUNSET STRIP Victoria 3922 T
Market Insights for Sunset Strip Victoria 3922
New Listings (last 30 days)
8
Average price
$1,038,500
Lowest price
$349,000
Highest price
$2,950,000
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