240-242 Thompson Avenue, Cowes, VIC 3922 | Commercial for rent | OnTheHouse
 
FOR RENT
$3,600 per month

240-242 Thompson Avenue
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 219m2
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Available From
Wednesday 25 February 2026
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Iconic Cowes Space – Perfect for a Gallery, Studio, or Creative Venture with adjoining cafe

Everyone knows Mingara Gallery! Positioned as the first thing visitors see when entering Cowes, this iconic and highly visible space offers unbeatable exposure in a true destination location, making it a rare opportunity for a creative or commercial venture.
The property features a bright, open-plan interior flooded with natural light, creating a welcoming and versatile environment ideal for a gallery, studio, or boutique retail space. Its layout encourages creativity while remaining flexible enough for a range of commercial uses. STCA
Key features include:
-Landmark, high-profile location at the main entry to Cowes
-Light-filled, open gallery / studio space with excellent street visibility
-Suitable for gallery, creative studio, retail, or mixed-use concepts
-Basic café facilities and a small galley area
-Private back office / storage
-Small private courtyard for outdoor display or cafe seating
-Private on-site parking
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Property Details for 240-242 Thompson Ave, Cowes

Building Type
Commercial
Floor Size
219m2
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About Cowes 3922

The size of Cowes is approximately 20.7 square kilometres. There are 20 parks, covering nearly 6.7% of the total area. The population of Cowes in 2016 was 4839 people. By 2021 the population was 6593 showing a population growth of 36.2% 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 2021, 68.40% of the homes in Cowes were owner-occupied compared with 65.40% in 2016.

Cowes has 8,450 properties. Over the last 5 years, Houses in Cowes have seen a -0.54% decrease in median value, while Units have seen a 5.68% increase. As at 31 July 2026:

  • The median value for Houses in Cowes is $729,301 while the median value for Units is $528,310.
  • Houses have a median rent of $510 while Units have a median rent of $450.
There are currently 100 properties listed for sale, and 32 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 269 properties were sold in the past 12 months in Cowes.

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Barry Plant Phillip Island & San Remo
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Barry Plant Phillip Island
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