Introducing "Silver Waters", located in a tightly held and exclusive pocket of Cowes, this iconic Hamptons inspired triple level home of approximately 40 squares, has been admired by many - and is now presented to market. It really is one of a kind, as height restrictions on Phillip Island no longer allow homes to be built with this incredible height!
Currently run as a lucrative Bed & Breakfast, it would also be ideal as a private residence offering the ultimate in coastal lifestyle.
This impressive property is convenient to local shops, schools, restaurants, sporting facilities and is only 350 metres from the pristine north facing swimming beach. Within an easy drive to all of Phillip Island's tourist attractions, including the Phillip Island Grand Prix Circuit, Penguin Parade, Churchill Island, wineries, and some of the best surf beaches in Victoria.
A grand entrance is a welcoming introduction to the property which offers an abundance of light filled entertaining space and boasts five spacious bedrooms, 4 with their own ensuites. There is separate dining and entertaining areas for guests, and a kitchen and other living spaces that can effectively be used for private living. An office and a generous separate laundry is ideal for those wishing to continue running as an accommodation venue. The whole second level of the home is currently used as the private residence.
From upper balconies, you are treated to glimpses of the bay and a true north aspect overlooking the resort style outdoor spaces - incorporating a solar heated, salt chlorinated inground pool, spa, and Mediterranean courtyard.
Located on just over a quarter acre approx. allotment (1046sqm) of low maintenance grounds, with a double garage, additional storage / wine cellar, and ample car spacing to accommodate an additional 5 cars for family or guests.
Other features include: -
CCTV Security System (8 cameras)
Multiple split system heating and cooling units throughout
Plantation shutters
Skylights in bathrooms
Automatic sprinkler and Irrigation system
Foxtel connected to all levels
Outdoor hot/cold shower
A full inventory of furniture (optional) is available upon request, and the Bed & Breakfast has its own website and brochures - making it business ready!
This triple level home was purpose built for avid entertainers and will most certainly impress on inspection.
For Sale by "Expressions Of Interest" - Offers closing 12/09/2021 (Unless Sold Prior)
This property for sale in Cowes is proudly presented by Ray White Real Estate Phillip Island.
