40 Chillingworth Road, Cowes VIC 3922

Property Details: • Type: House

• Bedrooms: 4 • Bathrooms: 3

Description: What an outstanding beachside location only 200m from the safe swimming West Cowes beach and just minutes from the popular Red Rocks Beach, Phillip Island's coastal reserve, and the Red Rocks golf club, this double-storey beachside property presents a rare, highly sought and versatile opportunity. Currently utilised as a much-loved holiday home, this solid four-bedroom residence is ready for its next chapter whether that be a stylish renovation to create the ultimate coastal escape, or a multi-unit development site (STCA) to capitalise on the generous 1,228sqm title allotment (approx. 20.34m x 60.35m). Step inside and discover a versatile floorplan with plenty of scope to add value: Downstairs: large bunkroom or family retreat, double garage currently serving as a games room, shower, laundry, and powder room. Upstairs: four bedrooms (three with BIRs), master with updated ensuite, central main bathroom, open-plan living and dining, plus an updated spacious kitchen featuring an Asko dishwasher, Miele oven, and Chef electric cooktop. The north-facing balcony captures filtered bay views and summer sea breezes, the perfect place to unwind and entertain after a day on the beach. Additional highlights include split-system heating/cooling, a spacious backyard ideal for children and pets, and two thirds perimeter fencing. With its solid construction, prime location, and development potential, this property represents an outstanding opportunity for families, future renovators, investors, or developers seeking to secure a premium slice of Phillip Island.