3 Devon Avenue
Cowes, VIC 3922

Overview

Rare Development Opportunity on 1,041sqm (approx.)

Situated in one of Cowes' most sought-after coastal areas, this remarkable 1,041sqm (approx.) parcel of land offers a rare opportunity to acquire a substantial piece of real estate just moments from the beach. The existing three-bedroom dwelling on the property is in need of demolition, allowing the new owner to focus on the land's potential for redevelopment, investment, or the construction of a custom coastal residence or multi-dwelling project (subject to council approval).

The generous dimensions of the block provide exceptional flexibility for future development plans, offering ample space to design and build a premium new home, multiple townhouses, or a thoughtfully planned coastal development that aligns with the strong demand for quality properties in this desirable location. Large land parcels like this, especially so close to the beach, are becoming increasingly rare, making this an outstanding opportunity for developers, builders, or buyers looking to capitalize on the long-term growth and appeal of Phillip Island.

The lifestyle available here is equally attractive, with the pristine sands of Cowes beach located less than a one-minute walk from your doorstep, perfect for morning strolls, swimming, or simply enjoying the relaxed coastal atmosphere that makes this area so appealing. The vibrant shopping precinct of Thompson Avenue is just a three-minute drive away, featuring a variety of cafés, restaurants, boutique shops, supermarkets, and essential amenities, ensuring convenience while maintaining a tranquil beachside environment.

Whether you are looking to develop, invest, or secure a premium landholding in a prime coastal location, this is a truly unique offering that combines size, location, and limitless potential in one of Phillip Island's most desirable areas.

Location