5/134-138 Thompson Avenue, Cowes, VIC 3922 | Commercial for rent | OnTheHouse
 
FOR RENT
$3,167 pm

5/134-138 Thompson Avenue
Cowes VIC 3922

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 120m2
Land area: 120m2
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Unbeatable Exposure in the Heart of Phillip Island

Position your business in the absolute center of Cowes' primary commercial precinct. This versatile 120 m² retail or office space offers exceptional visibility on Thompson Avenue, capturing a steady stream of local residents and the massive seasonal influx of holidaymakers. Situated in a high-exposure zone with heavy pedestrian foot traffic, this property is perfectly suited for retail, professional suites, or a boutique commercial hub.
This premium main street position ensures maximum street exposure to drive customers to your door. The property includes two dedicated car parks at the rear entrance, which is perfect for secure staff parking or seamless stock loading. Inside, the clean and highly adaptable footprint is complemented by a functional stairwell that provides excellent additional storage space, allowing you to maximize your main floor plan. A private, fully equipped on-site toilet facility completes this highly practical commercial package. Secure a substantial, premium main-street presence today at a highly competitive rental rate.

Property Details for 5/134-138 Thompson Ave, Cowes

Building Type
Commercial
Floor Size
120m2
Land Size
120m2
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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 8,469 properties. Over the last 5 years, Houses in Cowes have seen a -5.10% decrease in median value, while Units have seen a -3.99% decrease. As at 31 August 2026:

  • The median value for Houses in Cowes is $713,253 while the median value for Units is $499,704.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 104 properties listed for sale, and 20 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 276 properties were sold in the past 12 months in Cowes.

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Melanie Calabrese (Buitenhuis)
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Barry Plant Phillip Island
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