Set on a corner position and only minutes to the superb Red Rocks beach is this charming tri- level home with loads of appeal. Situated within a short stroll to either Red Rocks or Ventnor beaches and a quick drive into the vibrant main street and popular surf beaches, this home is perfectly positioned. The lower level introduces an impressive entryway, a versatile study/second living area, a bedroom, a bathroom combined laundry and a generously sized triple garage space which is currently set up as a fabulous games room. The middle level unfolds with a spacious bedroom that can easily serve as a children's retreat. The top level of this residence comprises another bedroom, a well-appointed bathroom, and a delightful living area featuring a central kitchen. The living space seamlessly extends to a fabulous north-facing deck, creating an inviting setting for any occasion. This huge elevated deck, nestled amidst the trees, offers a tranquil escape with its leafy surroundings, native gardens, and stunning bird life that surrounds. If you're considering an investment, this property boasts ten (10) years of success on Airbnb, providing the potential for both personal enjoyment and substantial financial returns. The Cowes boat ramp is only a few minutes drive for boating enthusiasts while the bus stop for transport to the Phillip Island Grand Prix Circuit is just across the road. Additional features include; a combustion heater, polished timber floors, reverse cycle heating and cooling, a huge fully fenced rear yard with gate access, dual driveways providing plenty of room for parking and lovely landscaping. This property for sale in Cowes, is proudly presented to you by Ray White Real Estate Phillip Island.