85 Thompson AvenueCowes VIC 3922
Property Details for 85 Thompson Ave, Cowes
85 Thompson Ave, Cowes is a 3 bedroom, 1 bathroom Unit. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (April 2017)
Colliers International is delighted to offer 85-87 Thompson Avenue, Cowes For Private Sale. This is a rare and brilliant opportunity to acquire a large centrally located site that delivers the certainty of a current planning permit for a mixed use development over three levels with basement parking.
Prominently located on Thompson Avenue next door to the Civic Centre between Church Street and Chapel Street, the property benefits from ease of access to all the amenity Cowes and Phillip Island has to offer. The property is within walking distance to The Esplanade which offers beach access to Port Phillip Bay. This combined with convenient access to the main shopping hub of Cowes the property and this location ticks all the boxes.
The current planning permit consists of nine (9) ground floor retail tenancies and two floors of residential apartments with 14 two bedroom apartments and 4 three bedroom apartments.
Zoned Commercial 1
Approval for mixed use development
Prime central location
Dual street frontages
Property History for 85 Thompson Ave, Cowes, VIC 3922
- 19 Jun 2015Listed for Sale Not Disclosed
- 30 Jan 2015Sold for $1,150,000
- 16 Jun 2012Listed for Rent - Price not available
Recent sales nearby
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About Cowes 3922
The size of Cowes is approximately 20.7 square kilometres. It has 20 parks covering nearly 6.7% of 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 8,449 properties. Over the last 5 years, Houses in Cowes have seen a 23.10% increase in median value, while Units have seen a 42.95% increase. As at 31 December 2025:
- The median value for Houses in Cowes is $722,608 while the median value for Units is $561,965.
- Houses have a median rent of $490 while Units have a median rent of $430.
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