Land/Development
CONTACT AGENT
Alex Scott and Staff and Castran are privileged to offer 150 Thompson Avenue, Cowes, which is located on one of Regional Victoria’s most sought-after retail strips, for sale by way of a Public Auction on Saturday, 14th December, at 2pm.
150 Thompson Ave offers an exceptional opportunity for developers, investors, and land bankers to secure a prime site in a region experiencing significant growth. With Phillip Island’s popularity continuing to rise as both a residential and holiday destination, this property is ideal for immediate development (STCA) or long-term land banking.
• Positioned on high-exposure Thompson Avenue with a land area of approximately 1819m² and a substantial 20.1m frontage
• Surrounded by national operators such as Coles, Woolworths, Aldi, IGA, BP, and Mobil
• Phillip Island attracts 1.38 million visitors annually, including 1.178 million overnight stays, contributing $838 million in expenditure
• The Isle of Wight Hotel redevelopment, including 160 hotel rooms, F&B facilities, and a wellness centre, is projected to boost the local economy by $55-76 million annually
• Cowes is currently hosting Channel Nine’s ‘The Block’ for its 20th season, with the refurbishment/development of 9 residential homes
• Planning permit in place for a mixed-use project featuring 9 townhouses, 7 apartments, and 1 retail space
• Short-term lease providing holding income while you develop your plans
To arrange a private viewing or to request a Contract / Section 32, please contact exclusive selling agent Greg Price 0419 337 441 and Lachlan Castran 0475 000 888.
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