39 Stradbroke Avenue

Foreshore property - 1,780 m² on Phillip Island's Golden Mile! Positioned along the tightly held Cowes foreshore, this exceptional 1,780 m² (approx.) landholding presents a rare and compelling opportunity for developers, investors, or those seeking an irreplaceable coastal asset with significant future upside. Opportunities of this scale and location on Phillip Island's Golden Mile are extraordinarily scarce. Key Highlights Exceptional Land Size: A substantial 1,780 m² parcel - rarely available in this blue-chip foreshore precinct Prime Foreshore Position: Directly opposite the beach with ocean access just steps away Existing Dwelling: Comfortable holiday home comprising three generous bedrooms, open-plan kitchen, dining and living zones, plus a covered verandah enjoying ocean views Immediate Use & Income: Live in, holiday in, or lease out while planning future development (STCA) Development & Investment Potential Future Redevelopment Upside: The size and location offer strong potential for multi-dwelling development, townhouses or subdivision (STCA) Holding Income: Generate rental returns to offset holding costs during the planning and approval process Flexible Options: Secure approvals while occupying the home, land bank for future growth, or create a landmark foreshore residence Why This Opportunity Stands Apart With an existing home already in place on an expansive foreshore allotment, this property delivers a rare combination of immediate enjoyment, income potential, and long-term capital growth. Foreshore land of this scale in Cowes is increasingly scarce, making this an outstanding acquisition for astute buyers. Live, develop or invest - the choice is yours. This exceptional property offers multiple pathways for the savvy purchaser to create their vision while embracing everything Phillip Island has to offer. You're not just buying property; you're securing a coastal lifestyle surrounded by Phillip Island's stunning beaches, vibrant cafés, renowned wineries, the iconic Grand Prix Circuit, Churchill Island, the world-famous Penguin Parade, and abundant natural wildlife. An opportunity of this calibre is seldom offered. Act now to secure one of Phillip Island's most significant foreshore development sites. For further information or to arrange a private inspection, please contact Teresa on 0429 398 730.