2a/209-213 Settlement Rd, Cowes is a 4 bedroom, 2 bathroom Unit with 1 parking spaces.
Properties offering this level of flexibility are incredibly hard to find. Each spacious 125m residence features two generous private balconies (approx. 50m each) with desirable north or south aspects, creating bright, airy spaces ideal for relaxing or entertaining. The south-facing balcony is already under roof, presenting an excellent opportunity to extend the internal living area (STCA).
Whether you choose to live in one and generate rental income from the other, lease both as a smart investment, combine them into one expansive residence, or explore the potential to subdivide into two separate titles (STCA) to further enhance value, the possibilities here are truly exceptional. A rare opportunity to secure space, lifestyle, and future potential all in one.
Extremely rare to find a property with so many options available. Even each properties has two balconies, north or south facing to add all the extra space you could require. Live in one while renting the other out, or rent both. Just so many options or just adapt to have the whole area on one title.
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 8,430 properties. Over the last 5 years, Houses in Cowes have seen a 4.05% increase in median value, while Units have seen a 15.10% increase. As at 31 May 2026:
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