41 Teddy Bear Lane, Cowes is a 2 bedroom, 1 bathroom House. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Positioned in a quiet and peaceful location in Teddy Bear Lane, only a 10-15 minute walk to the beautiful north facing Red Rocks Beach, and 3.5kms to Thompson Avenue, to access shops, cafes, restaurants and supermarkets is this 2 bedroom classic original beach house.
Situated on a generous 629sqm allotment, backing on to the reserve, this property is ripe for renovation or redevelopment.
Offering 2 bedrooms, one bathroom/laundry, separate toilet, kitchen and living area, the floor plan is simple - yet functional. The outside space has been left natural and not landscaped, requiring very little maintenance apart from a regular mow, and also offers a garden shed to the rear.
The property next door (a 586sqm approx vacant block) is also available for those looking to purchase side by side allotments. Ideal for families, or those wishing to amalgamate the sites and create a larger parcel of land.
This is a unique opportunity to secure one or both of these promising properties!
This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.
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 8,452 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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