Lot 2/84 Pembrey Loop, Cowes, VIC, 3922

Bargain Buy! Easter Sale!

Land
Type

Published on Tuesday, April 07, 2026 ( See property details for Lot 2/84 Pembrey Loop, Cowes, VIC, 3922)

$279,000

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Affordable, versatile land parcels in a prime coastal location on Phillip Island, perfect for building your dream home or investment.

🏡 Property Highlights

  • Prime location within the sought-after Shoalhaven Estate on Phillip Island
  • Affordable land options with low deposits starting at $10,000
  • Close proximity to beaches, local amenities, and iconic attractions
  • Versatile blocks suitable for first homes, downsizers, or family retreats
  • Range of house and land packages available, potentially eligible for grants
  • Short walk to Red Rocks Beach and Yellow Sand Beach

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Pet-Friendly
  • Low-Maintenance Yard
  • Secure Parking
  • Outdoor Area
  • Ensuite
  • Built-in Robes
  • Home Office / Study
  • Ceiling Fans

Phillip Island offers a vibrant coastal community renowned for its stunning beaches, iconic wildlife experiences, scenic walking trails, and family-friendly attractions. The area boasts a relaxed lifestyle with easy access to local amenities, renowned events like the Penguin Parade and Grand Prix, and a peaceful environment away from city hustle. Perfect for families, retirees, and investors seeking a seaside haven with excellent lifestyle amenities.

What are the potential uses for these land blocks?
These versatile land parcels are suitable for building your first home, downsizing, or creating a family retreat, with options for house and land packages.
Are there any government grants available for buyers?
Yes, buyers may be eligible for the First Home Owners Grant or First Home Guarantee, which allows for a 5% deposit.
What is the proximity to beaches and local amenities?
The land is just over a 20-minute walk to Red Rocks Beach and Yellow Sand Beach, with quick drives to local shops, cafes, and attractions like the Penguin Parade.
Can I purchase a house and land package separately?
Yes, land and house and land packages are sold separately; please contact the agent for more details.
What are the settlement options?
Settlement can be arranged within 30, 60, or 90 days, with deposits as low as $10,000.
Are there any additional costs or fees not included in the listed price or deposits? Have the land parcels been surveyed and approved for building? Are there any zoning restrictions or easements affecting these lots? Is there any ongoing or planned development nearby that could impact the area? What are the flood or bushfire risks associated with these land parcels? Are there any strata or community title considerations for these land blocks? Is the land connected to essential services such as water, electricity, and sewerage? Are there any restrictions on the type of structures or designs allowed on these lots? Has the land been tested for soil stability and suitability for construction? Are there any planned infrastructure projects or roadworks in the vicinity that could affect access or value?

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