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5 Norman Drive, Cowes$529,000

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5 Norman Drive

Cowes, VIC 3922, Australia

$529,000

720 m²

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About this property

Perfectly positioned just moments from the superb north facing beach in Cowes, this great sized allotment of approximately 720 square metres offers an exceptional opportunity to secure a prime piece of real estate. Level and well proportioned, the block presents excellent potential for future development including the possibility of subdivision (STCA). Whether you're looking to build your dream coastal retreat or explore investment prospects, this fabulous block of land is ideally located in one of Cowes' most sought after pockets. Opportunities like this are rare - act now to secure a blue chip block just a short stroll from the beach and boat ramp as well as being within easy access to the Cowes shopping precinct. This property for sale in Cowes is proudly presented to you by Ray White Real Estate Phillip Island.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 720 m²
Listed: 3 months ago

Repayment calculator

$2,565/month

$1,282 /fortnight

Loan $423,200 at 6.10% over 30 years

Upfront costs

Deposit$105,800

Stamp duty$26,810

Conveyancing (est.)$2,000

Total upfront$134,610

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Neighbourhood

Living in Cowes

This land in Cowes, VIC 3922 sits within reach of public transport, local shops and nearby schools. It is listed 27% below the $720,000 median of 72 comparable landswithin 5 km.

Schools near Cowes

Cowes Primary Schoolprimary · Prep-6 · CoEd
Our Lady Star of the Sea Catholic Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Anderson Rd/Church St (bus) — 148 m away
Cowes General Store — 693 m away
Seaberry Creek Park — 684 m away
Willoughby Park — 705 m away
Unnamed — 815 m away

Cowes at a glance

Full suburb profile

Population: 6,593
Median age: 55
Household income: $1,026/wk
Median rent: $331/wk
Median mortgage: $1,550/mo

Source: ABS Census.

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