SOLD
Sold on 10 Jul 2024 for $490,000

2/134-138 Thompson Avenue
Cowes VIC 3922

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1459m2
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Property Details for 2/134-138 Thompson Ave, Cowes

Building Type
Commercial
Land Size
1459m2
Local Government
Bass Coast
Lot/Plan
7/PS332657

Last Listing description (August 2024)

This is a rare opportunity for the avid investor! Zoned for mixed use, you have the flexibility to run your business, use as your permanent residence and would also make an ideal holiday rental property - the options are endless!

The property has recently been fully renovated and features two car parks at the rear of the building. The bedrooms can easily be converted into consulting rooms, while the dining/living area is perfect for a boardroom or reception area.

Situated on the first floor, just across the road from Woolworths and within an easy stroll to the beach, cafes, restaurants, and retail shops, this prime location offers unmatched convenience. Don't miss out on this versatile and strategically located property!

If you're an investor, our specialised rental department are here to assist in the management of your future investment. If you would like a current rental appraisal on this property, please get in contact today!

Property History for 2/134-138 Thompson Ave, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$490,000
10 Jul 2024
Listed for Rent
$8.22k/w
23 Jan 2023
  • 10 Jul 2024
    Sold for $490,000
  • 28 Jun 2024
    Listed for Sale Not Disclosed
  • 04 Jul 2022
    Listed for Rent - Price not available
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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, 228 properties were sold in the past 12 months in Cowes.

Suburb Insights for Cowes 3922

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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 for any loss or damage arising in connection with the data and information contained in this publication.