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 7,907 properties. Over the last 5 years, Houses in Cowes have seen a 37.23% increase in median value, while Units have seen a 51.42% increase. As at 31 October 2024:

  • The median value for Houses in Cowes is $725,515 while the median value for Units is $553,448.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 115 properties listed for sale, and 13 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 224 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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