FOR SALE
$150,000 + SAV

4/75 Chapel Street
Cowes VIC 3922

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PLANT BASED & PLASTIC FREE CAFE

Make a difference when you purchase this well-run and popular 100% plant-based and plastic-free cafe. This innovative and fully equipped business is ready for you to take it to the next level.
Island Wholefoods is located in the busy town of Cowes, just a short stroll off the main street and conveniently next to a busy supermarket.
Opening in 2015 they are a one-of-a-kind business in the area, specialising in vegan breakfast, lunch, and treats. With the potential to expand thanks to quality recipes for in-house sauces that fly off the shelf when in stock.
With an established website already in place you'll receive all domain rights and take over sound social media accounts with vested followers and interaction.
Island Wholefoods is a local favourite with a great reputation and strong support from the community. Plus the indoor and outdoor seating options make this venue appropriate for year-round business.
The current lease is in place until March 2027 and will be transferred to the lucky purchaser.
Features
Establish since 2015
Close to the main street
Established website with domain
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Property Details for 4/75 Chapel St, 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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