Supremely situated within the Golden Circle of Cowes just 420 metres (approx) from the Cosmopolitan Cafe Strip and central business district of Cowes and just 500 metres (approx) from the Golden Sands of Cowes’ main beach lies a wonderful opportunity to purchase property right in the heart of Cowes.
Situated on a well sized allotment of some 685 square metres the property’s position remains supreme with its potential for development (STCA) and likelihood of water views that should remain unimpeded – ‘an essential rule to follow when buying Coastal Property’.
This property provides for a single bedroom dwelling with a functional kitchen and seperate living zone. An elegant bathroom becomes a semi-ensuite to the bedroom.
With its proximity to the CBD, opportunities to develop and invest on this well sized allotment are available (STCA) and will also provide for possible water views from a second proposed level.
Alternatively, the property could provide as your ideal Island Getaway with its existing dwelling providing as your ‘home away from home’ on beautiful Phillip Island.
The dwelling is currently leased with an excellent tenant providing return of $9k (approx) p.a.
Please contact the agent for further detail.