Cowes Plaza, 209-213 Settlement Road, Cowes, Vic 3922

Jones Real Estate is privileged to present for your consideration, four (4) prime retail shops and one (1) fully fitted office, all separately titled & offering exceptional presence within the 'Cowes Plaza' - a remarkable standalone plaza in central Cowes, Philip Island.

Shop 4, 5, 6, 7 and 9, 209-213 Settlement Road, Cowes is For Sale via Private Online Auction on Wednesday 9th October 2024 at 3pm (AEDT). All auction attendees must be registered with the Jones Real Estate team in order to participate.

Key highlights of this opportunity include:

-	Cowes Plaza occupies an expansive 2,528sqm* landholding, equipped with 35 private car spaces for the premises and 8 public car spaces - accessed via Settlement Road.

-	Internal building areas range from 75sqm* - 120sqm*. Shop 4, 5, 6 and 7 are all complemented by a north facing facade & prominent signage of 'Cowes Plaza', allowing for high visibility to passing vehicle traffic.

-	All individually titled, Shop 4, 5, 6 and 7 are street fronting retail assets. Ideally suited to medical, retail and professional services. Shop 9 is a fully fitted premises and is well suited for medical/consulting or office use. Shop 9 is available for immediate occupancy.

-	Internal pedestrian walkways provide seamless connectivity from the entrance point to rear car park, safeguarded with 24/7 CCTV security systems in operation.

-	With 1.38 million visitors annually, including 1.178 million overnight stays, generating an impressive $838 million in expenditure, Phillip Island is a thriving destination perfect for commercial investment^.

-	The Isle of Wight Hotel redevelopment including 160 hotel rooms together with F&B facilities and state of the art wellness centre is expected to boost the local economy by $55-76m* per annum.

-	Cowes will be subject to a major tourism boost this year, with the popular coastal town playing host to Channel Nine's 'The Block ', televising its 20th season of the hit tv series. With nine homes nestled on 1.011 hectares, this prime location promises to further enhance the rapidly evolving coastal destination.

*Approx.
^Destination Phillip Island Annual Report FY23

For further information regarding the opportunity, please contact the exclusive selling agents.


Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.