Cowes

FOR SALE Contact Agent
  • Property ID: 61428710
  • Bedrooms: 12
  • Bathrooms: 8
  • Property type: APARTMENT
  • Building size: 650.00 Metres²
  • Garage: 3
  • Carport: 8
  • Listing type: FOR SALE

Investors Dream; Own three apartments for $85/ week*

Cowes Apartments, Phillip Island - the unique opportunity to buy an established passive investment property or turn it into an easily run, more lucrative holiday accommodation business in Number 1 holiday and weekenders destination in Victoria.

Within walking distance to the beach and shops these high quality finished, huge apartments occupy the entire first (top) floor of the modern building. The apartments are offered tenanted (permanent), or vacant possession if preferred as a higher income generating holiday rental business, which can easily be run by local agents. The apartments can be modified and/ or furnished if required.

2 x 245 sqm units, one with 6 bedrooms, 3 bathrooms, separate toilet, separate laundry, large games room, separate theatre room, open plan huge kitchen, dining and sitting area. The other 6 bedrooms, 3 bathrooms, separate toilet, separate laundry, rumpus room, and open plan huge kitchen, dining and sitting area. Both have large balconies.

2 x 124 sqm units, each with 1 bedroom, 1 bathroom, powder room, laundry, formal dining room/ office or 2nd bedroom, large kitchen and dining, front balcony and rear alfresco area. One title " 2 separately accessed and fitted apartments

All units have ducted cooling and heating, LUG and private, secure entrances with intercom and CCTV.

* Calculation Based on Deposit 10%, Interest 5.50%, and current rent yield 4.65%, excluding depreciation schedules and other tax benefits. Body Corp only $1000 p.a. ea.

Walking
Car Wash
0.03km
0.4 mins
Bendigo Bank (Bank)
0.04km
0.6 mins
Cleanskin Kitchenware and Cookery School (School)
0.06km
0.8 mins
Fuel
0.07km
1 mins
Veterinary
0.09km
1.3 mins
Island Relish (Cafe)
0.1km
1.4 mins
Caltex (Fuel)
0.2km
2.8 mins
Jessies Pizza (Fast Food)
0.25km
3.5 mins
Subway (Fast Food)
0.32km
4.4 mins
Commonwealth Bank (Bank)
0.33km
4.6 mins
La Porchetta (Restaurant)
0.63km
8.8 mins
Youki's Japanese Take Away (Fast Food)
0.64km
8.9 mins
Grossard Court Home (Hospital)
0.66km
9.2 mins
Gullivers Eatery (Restaurant)
0.67km
9.3 mins
Waterboy Cafe (Cafe)
0.68km
9.5 mins
Church (Place Of Worship)
0.7km
9.7 mins
Cowes Police Station (Police)
0.74km
10.3 mins
Hospital
0.75km
10.4 mins
Roasa's Piazza (Restaurant)
0.76km
10.6 mins
Pino's (Restaurant)
0.77km
10.7 mins
Island Oasis (Fast Food)
0.78km
10.8 mins
Chinos (Fast Food)
0.8km
11.1 mins
Pink penguin fish and chips (Fast Food)
0.81km
11.3 mins
Priceline Pharmacy (Pharmacy)
0.82km
11.4 mins
YMCA GYM (Place Of Worship)
0.83km
11.5 mins
Jeronimos Pizza (Restaurant)
0.84km
11.7 mins
Burger Edge (Fast Food)
0.85km
11.8 mins
Aztex (Restaurant)
0.86km
12 mins
Restaurant
0.87km
12.1 mins
Isola Di Capri (Restaurant)
0.88km
12.2 mins
Coffee Shop (Cafe)
0.89km
12.4 mins
Cowes General Store (Fast Food)
1.1km
15.3 mins
Bedrock Family Restaurant (Restaurant)
1.3km
18.1 mins