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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

27b McRae Avenue
Cowes, VIC 3922

$465,000

Listed Date: 17th Jun 2026
Last Updated: 19th Jun 2026
Overview

27b McRae Avenue, Cowes VIC 3922

27B McCrae Avenue, Cowes offers a rare and exceptional opportunity to acquire a prime parcel of vacant land in one of Phillip Island's most desirable locations. This unique allotment spans approximately 417 square meters, providing an ideal canvas for constructing a dream coastal residence in a tranquil and sought-after setting.

Situated in a peaceful court location, this block is the last remaining vacant lot on the street, presenting an exclusive chance for buyers seeking premium land close to the water. A notable feature of this property is the private walking track that leads directly to Cowes' beautiful north-facing bay beach, enabling residents to enjoy an enviable coastal lifestyle with easy access to morning walks, beach outings, and stunning sunsets just moments from home.

The property benefits from convenient walking distance to central Cowes, where a vibrant array of cafes, restaurants, shopping venues, supermarkets, and other amenities enrich the seaside township experience. The block offers exciting potential for bay views from a second-storey build, subject to council approval, allowing for a custom-designed home tailored to individual lifestyle preferences.

Adding further value, the land comes with approved plans from a local builder, providing a helpful starting point for prospective owners interested in how the home was designed to complement the block. Whether the intention is to build a forever home, a holiday retreat, or an investment property, this opportunity to secure premium land in an iconic beachside location is truly rare.

This is an outstanding chance to create a bespoke home and embrace the best of Phillip Island living in a prime position. Prospective purchasers are encouraged to undertake their own due diligence to verify all details, ensuring confidence in this exceptional offering.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
27b McRae Avenue
Cowes VIC 3922
Market Insights for Cowes VIC 3922
New Listings (last 30 days)
7
Average price
$573,143
Lowest price
$440,000
Highest price
$750,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.