272 Settlement Rd, Cowes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 6132m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Cowes in the last 12 months.
Positioned on a generous 660sqm* allotment with a prized north-facing rear yard, this beautifully elevated 3-bedroom beach house delivers the ultimate in low-maintenance coastal living. Whether you're searching for a permanent residence, investment property, beachside escape or future development opportunity (STCA), this home offers undeniable lifestyle appeal.
Upon entering, you'll be greeted by a full-width wrap-around veranda that leads into the heart of the home a spacious open-plan living and dining area filled with natural light. The modern classic kitchen features electric cooking and ample storage. Three generously sized bedrooms, including the master with a walk-in robe, offer comfortable living. The other two bedrooms come with built-in robes. The home also includes an immaculate bathroom, separate toilet, and a neat laundry.
Step outside to the raised and covered deck that overlooks the lush, expansive north-facing rear gardenperfect for outdoor entertaining or simply relaxing in privacy. With room for renovation or the potential to rebuild (STCA), this property presents numerous opportunities, whether as an investment, permanent residence, beachside getaway, or development project.
Additional features include reverse cycle air conditioning, roller blinds, a carport, and a lock-up garage for added convenience. The location is second to nonejust a short walk to Thompson Avenue's charming strip of shops, cafes, and eateries, major supermarkets, beautiful beaches, picnic spots by the foreshore, the yacht club, and the primary school. Sports enthusiasts will appreciate being moments away from the recreation reserve, tennis club, bowls club, and two golf clubsPhillip Island Golf Club and Cowes Golf Club.
With easy access to the Mornington Peninsula via the Westernport Ferry and only minutes from iconic tourist hotspots, and zoned within Bass Coast Secondary College, this home is an ideal lifestyle choice.
Currently leased and returning a generous annual income of $27,635.64, this is not only a fantastic lifestyle choice but also a smart investment opportunity.
SOLD!!
Approx.*
Should you require further information regarding this property, please contact Colin Rounds – 0419 015 879
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 2016 was 4839 people. By 2021 the population was 6593 showing a population growth of 36.2% 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 2021, 68.40% of the homes in Cowes were owner-occupied compared with 65.40% in 2016.
Cowes has 8,449 properties. Over the last 5 years, Houses in Cowes have seen a 23.10% increase in median value, while Units have seen a 42.95% increase. As at 31 December 2025:
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