SOLD
Sold on 23 Nov 2023 for $705,000

3/33 The Concourse
Cowes VIC 3922

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 387m2
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Property Details for 3/33 The Concourse, Cowes

Building Type
Commercial
Land Size
387m2
Local Government
Bass Coast
Lot/Plan
2/PS610769

Last Listing description (November 2023)

This is an incredible opportunity to purchase a large factory including an upstairs office space in the bustling industrial estate in Cowes. This contemporary style factory of approximately 305 square metres total in floor space, comprising a large warehouse area, a toilet with hand basin and a separate kitchen room, is perfect to start your dream business. The ground floor factory space is made from concrete tilt slab and the office suite upstairs is surrounded by glass for natural light made for a perfect working environment. Undercover parking is available under the office and there is also [plenty of open car parking in front of the factory. The total land size approximately 387 square metres. The current renters have a lease in place until January 16th 2024
Secure this property as a fabulous investment or utilise for your own business.

This property for sale in Cowes, is proudly presented to you by Ray White Real Estate Phillip Island.

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Property History for 3/33 The Concourse, Cowes, VIC 3922

A timeline of how this property has performed in the market
Last Sold
$705,000
23 Nov 2023
  • 23 Nov 2023
    Sold for $705,000
  • 10 Nov 2023
    Listed for Sale $680,000 - $719,000
  • 29 Jun 2013
    Sold for $302,500
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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 7,850 properties. Over the last 5 years, Houses in Cowes have seen a 40.14% increase in median value, while Units have seen a 61.84% increase. As at 30 September 2024:

  • The median value for Houses in Cowes is $736,221 while the median value for Units is $570,668.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 107 properties listed for sale, and 18 properties listed for rent in Cowes on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Cowes.

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