FOR SALE
$1,100,000

23 Shorland Way
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1331m2
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Unique Opportunity in Cowes Industrial Estate

One of the last remaining blocks in the sought-after Cowes Industrial Estate! This 1331sqm prime piece of land offers an exceptional investment opportunity with council-endorsed plans already in place.
Offering 1331m2 space with approved plans for 20 modern storage units.
Unit Sizes: Ranging from 47.37m² to 29.59m²
This block presents a fantastic chance to capitalise on a high-demand area with the drafting and council ground work already done.
Whether you're an investor seeking an opportunity or a developer ready to build, this is a rare find in a thriving location.

Property Details for 23 Shorland Way, Cowes

Building Type
Commercial
Land Size
1331m2

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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 7,914 properties. Over the last 5 years, Houses in Cowes have seen a 39.38% increase in median value, while Units have seen a 51.12% increase. As at 30 November 2024:

  • The median value for Houses in Cowes is $741,824 while the median value for Units is $561,544.
  • Houses have a median rent of $480 while Units have a median rent of $440.
There are currently 120 properties listed for sale, and 7 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 229 properties were sold in the past 12 months in Cowes.

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Alfie Brown
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OBrien Real Estate Judith Wright
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