FOR SALE
$250,000 Plus Stock

27 Thompson Avenue
Cowes VIC 3922

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ESTABLISHED FOOTWEAR BUSINESS

Sitting in the center of the Cowes main street is this long-established and well-run business that is being offered for the first time.
Join the hustle and bustle of Cowes and step into a new role as your own boss, taking on an opportunity to change your lifestyle.
Not just shoes have been servicing our community for 23 years and is frequented by locals and tourists.
Currently trading 7 days and run by a husband and wife duo that have poured their heart into what they do.
Not just shoes trade in quality known brands of men's, women and children's footwear along with accessories.
This business has the potential to continue expanding and a long-term lease is available to the approved buyer.
Features
Established since 2001
Main street location
Long term lease available
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Property Details for 27 Thompson Ave, Cowes

Building Type
Commercial

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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 7,906 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 119 properties listed for sale, and 13 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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