A fantastic opportunity for homeowners and investors alike, this vacant and near level 420m² (approx.) allotment is superbly positioned in the ever-popular Shearwater Estate in Cowes - one of the most desirable and family-friendly pockets of Cowes.
Whether you're planning a permanent residence, a stylish holiday retreat, or a smart addition to your investment portfolio, this exceptional parcel of land offers the perfect blank canvas to bring your coastal vision to life.
What truly sets this block apart is its enviable position directly opposite a large grassy park. Imagine morning walks with the dog, children playing safely within sight of home, or relaxed afternoons enjoying the open green space just steps from your front door. It's an idyllic setting that captures the very essence of relaxed island living.
Lifestyle and convenience go hand in hand here. The beautiful shoreline at the end of Coughlin Road is just a short, flat stroll away, offering easy access to the beach for swimming, paddleboarding, fishing, or sunset walks along the sand. Golf enthusiasts will appreciate being directly opposite the renowned Phillip Island Golf Club, while everyday essentials are within comfortable walking distance, including the Silverleaves Anerie General, the local Cowes primary school, and the vibrant cafés, restaurants and shops of the Cowes Main Street precinct.
Located on stunning Phillip Island, this property also places you within reach of world-class attractions, scenic coastal trails and a welcoming community atmosphere that makes the island so special. Whether it's weekend escapes or year-round living, you'll be immersed in a lifestyle defined by fresh sea air, open space and natural beauty.
Opportunities to secure quality land in this tightly held estate are increasingly rare. If you've been searching for the ideal block to build your dream coastal home in a premium location, this outstanding offering is sure to impress.
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 8,443 properties. Over the last 5 years, Houses in Cowes have seen a 15.80% increase in median value, while Units have seen a 27.37% increase. As at 28 February 2026:
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