OFF MARKET

205 Settlement Road
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1226m2
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Last updated 10 Mar 2025
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Property Details for 205 Settlement Rd, Cowes

205 Settlement Rd, Cowes is a 0 bedroom, 0 bathroom House. The property has a land size of 1226m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Land Size
1226m2
Local Government
Bass Coast
Lot/Plan
2/LP97258

Last Listing description (February 2025)

Discover the Extra-Large Gem! Approx. 1249M2 of Untapped Potential Next to the commercial artery road in Phillip Island, Cows!Investors and Developers seize this rare chance to create your next high-yield commercial masterpiece in the heart of Cowes on Phillip Island. Strategically positioned adjacent to the exclusive IGA supermarket, this sprawling plot is your gateway to an influx of foot and car traffic, drawing both locals and tourists.Important: Advertised open inspection timeslots may be cancelled without prior notification. All pre-registered potential buyers will be informed or organise a private inspection if this happens. If you are interested and keen on attending an open inspection advertised, please book your appointment or SMS or WhatsApp to 0452611234 confirming your attendance.Location, Location, Location! Situated at the bustling intersection of Thompson Avenue and Settlement Road, your project will capture the attention of the dynamic Phillip Island community. From the renowned Penguin Parades to the adrenaline-pumping Grand Prix Circuit races, this area is the epicenter of activity.Limitless Possibilities Await! Envision a thriving restaurant and bar, a much-needed childcare centre, a bustling pharmacy, or even an exciting tourist attraction activity center the options are vast (subject to STCA). Craft your masterpiece amid the vibrant surroundings. Unlock Multi-Unit Potential! Calling all Multi-Unit Developers! With STCA, this land presents a golden opportunity for 4-5 Townhouse projects. Create a modern community that complements the island's charm while reaping substantial rewards.Key Location Highlights: Direct adjacency to the popular IGA Supermarket and Liquor Store.Thriving section of Settlement Road, hub of Phillip Island commerce.Proximity to iconic Penguin Parades and Wildlife Parks.Easy access to Grand Prix Circuit races and exhilarating go-karting.Surfer's paradise with nearby Surfing, Boating, and Sailing destinations.Explore Coastal Helicopter Flights for breathtaking views.Connect with nature at Seal Rock and Koala Sanctuaries.Indulge your taste buds at the tantalizing Chocolate Factory.Take Action Today! Don't miss this extraordinary chance to shape your vision in a location bursting with opportunities. Register your interest now and secure your private inspection. Call us today at 0452611234 to arrange a one-on-one discussion and on-site tour.Your Canvas Awaits - Create, Build, Prosper!Disclaimer: We have in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate but accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements in this document. Prospect purchasers should make their own inquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 205 Settlement Rd, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$605,000
27 Dec 2019
  • 28 Oct 2024
    Listed for Sale $995,000 - $1,060,000
  • 27 Dec 2019
    Sold for $605,000
  • 03 Jun 2019
    Listed for Sale $590,000
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About 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.
There are currently 105 properties listed for sale, and 25 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Cowes.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.