Phillip Island’s Isle of Wight Pub Site Listed For Sale

CB Richard Ellis agents Paul O’Connell and Scott Callow are marketing the property for outright sale or as a joint venture opportunity. Sources speculate the waterfront block could fetch between $9 million – $10 million.

Up the street, at 119-135 Thompson Avenue, Woolworths is redeveloping the Boomerang Caravan Park as a $20 million shopping centre with 14 specialty stores. However a relatively new project in Cowes – the All Seasons Phillip Island Eco Resort at 2128 Phillip Island Road– was recently listed for sale after going into receivership.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of