2/221 Settlement Road, Cowes, VIC 3922 | Commercial for sale | OnTheHouse
 
FOR SALE
$240,000

2/221 Settlement Road
Cowes VIC 3922

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Betty’s Glass – Established Glass, Glazing, Locksmithing & Security Business | Phillip Island

This profitable and long-standing glazing and security business has been successfully operating since 2002, building a strong reputation and loyal customer base across the Phillip Island region.
The business services both residential and commercial clients, offering a diverse range of products and services including the supply and installation of aluminium and timber windows, balustrades, handrails, pool fencing, mirrors, shower screens, splashbacks, glass replacements, security doors and fly screens, together with key cutting and locksmith services.
The current team includes a full-time glazier and experienced fabricators, providing a solid operational foundation for the incoming owner. The business operates from a leased, fully equipped premises featuring a large workshop, office, showroom and onsite parking for staff and customers.
With an established local presence, loyal clientele and repeat commercial work, the business benefits from consistent demand and a diverse customer base.
A key feature of this opportunity is the ability for an incoming owner to take a more hands-off management approach, with experienced staff and established systems already in place to support the day-to-day operations. The current owners are retiring, presenting an exciting opportunity for a new owner to take the reins of a well-established business without the need to be heavily involved in its daily operations.
All vehicles, tools and plant and equipment are included in the sale, providing a genuine turnkey opportunity with the infrastructure, staff and systems already in place. The business is well-positioned to provide a smooth transition and offers scope for a new owner to build on its established foundations.
This is an ideal opportunity for an experienced operator, investor or motivated buyer seeking to acquire a well-established and respected local business, with genuine income, an established team and further potential for growth and expansion.
Contact us today for a confidential discussion and further information.

Property Details for 2/221 Settlement Rd, Cowes

Building Type
Commercial
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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 8,447 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 99 properties listed for sale, and 29 properties listed for rent in Cowes on OnTheHouse. According to Cotality's data, 273 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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