Stradbally Cove is a small coastal inlet situated approximately 6 miles northeast of Dungarvan and 18 miles west of the Waterford Harbour Estuary. It provides an offshore anchorage outside a secluded and scenic bay.

The cove offers an exposed anchorage only in settled conditions as the inlet gradually shoals to its mouth. This means that boats have to anchor well outside and are completely exposed to the prevailing winds and swell. Access is straightforward as, apart from an outlying rock that lies a good distance away, it has unimpeded access.