7/16 Shorland WayCowes VIC 3922
Property Details for 7/16 Shorland Way, Cowes
Last Listing description (February 2025)
An exceptional investment opportunity now available! This fully furnished, secure, and flexible space is being sold as a going concern with a 3-year + further option of 2 years lease already in place. Situated in a prime location at 7/16 Shorland Way, Cowes, this property offers a solid return for investors seeking a hassle-free, income-producing asset in a growing area.
Features;
- Fully Leased Investment: Secure 3 year + further option of 2 years lease in place with a reliable tenant, providing steady rental income.
- Total area 76 sqm approx. (58sqm ground floor area, 18sqm mezzanine)
- High security, remote-operated gated facility
- Self-contained space with quality furniture, widescreen and kitchenette appliance fit out Included.
- Fully appointed private ensuite
- Stunning 2 pack urethane satin concrete sealer
- 4m high electric roller and separate personal entry door
- Workshop water taps
- NBN connectivity
- Loft-designed mezzanine level
- Fob-activated alarm and phone-accessible system
- Communal short term and 12-hour on-site parking options in addition to all-day off-site parking opportunities
- Council kerbside waste collection
- Versatile with multiple power points, digital TV aerial, and attic ladder
- High bay LED lighting and mezzanine forklift access gate
Work:
- Ideal for extended commercial, business and office operations
- Business equipment & stock storage
- NBN
- Tradie base, tool, equipment, and supplies hub
Rest:
- Relax and reflect on your day
- Watch your favourite streaming services on the mounted UHD smart TV widescreen including wireless connectivity.
- Tinker and admire your prized possessions & projects
- Take time out and enjoy lunch with a cold drink
- Chill out on the loft armchairs or take a midday kick back on the convertible arm chairs.
Play:
- Organise meetups pre or post recreation
- Store and prepare for track race days
- Ideal for car, bike, camping, boating, jet skiing, and golfing enthusiasts
- Get creative in your personal art studio
Store:
- Highly secure gated facility with motion sensor lighting and alarmed access to your space.
- Maximize storage options with height and access attributes
- Free up space at your business or home
- Safely store tools, equipment, and valuables.
Location:
- Situated in the well-established industrial precinct of Cowes
- Short distance to commercial precinct, racetrack, and go-kart track
- Convenient to childcare, schools, reserves, and waterways
Investment Opportunity Awaits With a secure tenant in place, this property offers a solid, low-maintenance investment with consistent returns. Dont miss your chance to own a property with strong rental potential and excellent future growth in a sought-after location.
Property History for 7/16 Shorland Way, Cowes, VIC 3922
- 04 Oct 2024Listed for Sale $369,000
- 14 Jun 2024Listed for Rent $16,560 / year
- 22 Nov 2023Listed for Rent $17,000 / month
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0About Cowes 3922
The size of Cowes is approximately 20.7 square kilometres. It has 20 parks covering nearly 6.7% of total area. The population of Cowes in 2011 was 4,053 people. By 2016 the population was 4,832 showing a population growth of 19.2% in the area during that time. The predominant age group in Cowes is 60-69 years. Households in Cowes are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cowes work in a trades occupation. In 2011, 63.7% of the homes in Cowes were owner-occupied compared with 65.4% in 2016.
Cowes has 7,922 properties. Over the last 5 years, Houses in Cowes have seen a 37.73% increase in median value, while Units have seen a 37.77% increase. As at 28 February 2025:
- The median value for Houses in Cowes is $740,992 while the median value for Units is $528,617.
- Houses have a median rent of $480 while Units have a median rent of $430.
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