9/209-213 Settlement Road Cowes, VIC 3922

Positioned within the well established Cowes Plaza, Shop 9 at 209-213 Settlement Road offers investors the opportunity to secure a quality retail asset in the heart of the vibrant Cowes commercial precinct.

The property comprises approximately 75 square metres of internal floor area and is securely leased to a new tenant on a 2 x 3 year lease, delivering reliable income and long term investment security.

Cowes Plaza is a proven retail destination anchored by established businesses including Bendigo Bank alongside other popular local and national retailers. The centre benefits from strong main road exposure, consistent pedestrian traffic and convenient rear customer parking making it a highly desirable location for business.

Situated in the centre of Phillip Island's primary commercial hub, the property is surrounded by cafes, restaurants, retail stores and essential services, ensuring consistent tenant demand and long term occupancy stability. Cowes continues to experience strong visitor numbers and population growth, further underpinning retail performance in the area.

Investment highlights:

* Prime retail position within Cowes Plaza

* Approx 75 sqm lettable area

* Secure 2 x 3 year lease to established tenant

*Strong surrounding tenant mix including Bendigo Bank

* High exposure location within Cowes' main retail strip

* Ample rear customer parking

* Attractive 6% yield

*Located in the tightly held Phillip Island retail market

This is a rare opportunity to acquire a well positioned retail investment in one of Victoria's most popular coastal destinations, offering both immediate income and long term growth potential.