23b McRae Avenue, Cowes, Vic 3922

$465,000

Residential Land
Type
417 m²
Area

Last updated on Sunday, May 17, 2026 ( See property details for 23b McRae Avenue, Cowes, Vic 3922)

$465,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to build your dream coastal home on a prime 417m² parcel of land in Cowes, with approved plans and direct access to the beach.

🏡 Property Highlights

  • Prime vacant land in a highly sought-after Cowes location
  • Last remaining allotment in a quiet court setting
  • Direct private walking track to north-facing bay beach
  • Potential for bay views from a second-storey build (STCA)
  • Approved plans available through Colden Homes
  • Close proximity to central Cowes with amenities and attractions

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Build-in Robes
  • Outdoor Area
  • Secure Parking
  • Pet-Friendly
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Fly Screens

Cowes is a vibrant seaside township renowned for its stunning beaches, lively cafes, and scenic coastal walks. The area offers a relaxed lifestyle with easy access to local shops, restaurants, and outdoor activities. Its proximity to the water makes it ideal for beach lovers and holidaymakers alike. The community is friendly and welcoming, with a strong focus on outdoor living and coastal recreation. This location provides the perfect balance of tranquility and convenience, making it a highly desirable place to build your dream home or holiday retreat.

Can I build a second storey on this land to enjoy bay views?
Yes, a second-storey build (STCA) has the potential to offer stunning bay views from your new home.
Are there approved plans available for this property?
Yes, the property comes with approved plans through Colden Homes, which can be discussed further with the agent.
What amenities are accessible within walking distance?
The property is within easy walking distance to cafes, restaurants, shopping, supermarkets, and other amenities in central Cowes.
Is there direct beach access from this property?
Yes, a private walking track leads directly to Cowes’ north-facing bay beach, perfect for beach walks and sunsets.
What are the potential uses for this land?
This land is suitable for building a permanent residence, holiday retreat, or investment property.
Are there any additional costs or fees associated with building on this land, such as council development charges or easements? Has the land been surveyed recently, and are there any zoning restrictions or easements that could affect building plans? Are there any known flood or bushfire risks in this area that could impact development or insurance? Is the land title clear, and are there any existing covenants or restrictions? Are there any upcoming planning or development proposals in the vicinity that could affect the area’s character or value? What are the council requirements for building a second storey, and are there any height restrictions? Is there any existing infrastructure, such as water, sewer, and electricity connections, available on the site? Are there any strata or community title considerations, or is this freehold land? What are the potential costs for site preparation and landscaping? Are there any noise, neighbour, or local environmental issues to be aware of in this quiet court location?

23b McRae Avenue, Cowes, Vic 3922 - More Details

$465,000

Its Addressed:


23B McCrae Avenue, Cowes presents an exceptional opportunity to secure a prime parcel of land in one of Phillip Island’s most sought-after locations. Set on approximately 417m², this rare vacant allotment offers the perfect canvas to build your dream coastal home in a peaceful and highly desirable setting.


Positioned in a quiet court location, this block is the last remaining vacant allotment in the street, making it an incredibly unique opportunity for buyers looking to secure premium land close to the water.


A standout feature of this property is the private walking track leading directly to Cowes’ stunning north-facing bay beach, allowing you to embrace the ultimate coastal lifestyle with morning walks, beach days and breathtaking sunsets only moments from your doorstep.


The location also provides easy walking access to central Cowes, where you can enjoy cafés, restaurants, shopping, supermarkets and everything this vibrant seaside township has to offer.


With the potential for bay views from a second-storey build (STCA), this block offers exciting possibilities to design and create the perfect home tailored to your lifestyle.


Adding even more value, the property comes with approved plans through local builder Colden Homes. For more information regarding the plans and how the home was designed to sit on the block, please get in contact.


Whether you are looking to build your forever home, holiday retreat or investment property, this is a rare chance to secure premium land in an iconic beachside location.


An amazing opportunity in a prime position — build your dream home and enjoy the best of Phillip Island living.


For more Real Estate in Cowes contact your Area Specialist.



Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Type
Residential Land
Area
417 m²

Price guide

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