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Investment Highlights

  • Full window frontage for maximum exposure and natural light.
  • Located among established businesses in a high-traffic area.
  • Includes separate office/kitchenettes and private toilet facilities.
  • Popular destination for both locals and tourists.

Executive Summary

The property at 2/17 The Esplanade in Cowes, VIC, is a 4-storey retail tenancy comprising approximately 896.42 m². The property features full window frontage and is located along the Cowes foreshore within a busy commercial precinct, surrounded by a diverse mix of established businesses, including restaurants, salons, and specialty retailers.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 2
  • 914 SF
  • Retail
  • $421,393 ($461.04/SF)
  • -
Sale Type Investment
Description
Positioned along the vibrant Cowes foreshore, this modern retail shopfront offers approximately 100m² of versatile space, providing an exceptional opportunity for businesses seeking a high-visibility location in a popular coastal destination. The tenancy features a spacious open-plan shop floor, complemented by a separate office/kitchenette and a private toilet for convenience.

The property boasts full window frontage, ensuring excellent natural light and strong street presence. Surrounded by a diverse mix of established businesses, including restaurants, salons, and specialty retailers, this location benefits from consistent foot traffic from both locals and holidaymakers.
Sale Notes
Secure a rare freehold commercial property right on the bustling Cowes foreshore. This well-located shop at 2/17 The Esplanade enjoys exceptional foot traffic and beachfront views, making it a standout asset in one of Phillip Island's most sought-after retail strips.

Currently tenanted, it offers immediate, reliable rental income with minimal management required. With strong demand for commercial spaces in this vibrant coastal town, this property presents a solid, long-term investment.

Don't miss the chance to own a prime piece of Cowes real estate with proven returns. Contact us today for details.
Unit Unit Size Condo Use Price NOI
Unit 2 914 SF Retail $421,393 ($461.04/SF) -

Unit 2

Unit Size
914 SF
Condo Use
Retail
Price
$421,393 ($461.04/SF)
NOI
-

Unit 2

Unit Size 914 SF
Condo Use Retail
Price $421,393 ($461.04/SF)
NOI -
Sale Type Investment
Description
Positioned along the vibrant Cowes foreshore, this modern retail shopfront offers approximately 100m&#178; of versatile space, providing an exceptional opportunity for businesses seeking a high-visibility location in a popular coastal destination. The tenancy features a spacious open-plan shop floor, complemented by a separate office/kitchenette and a private toilet for convenience.<br> <br> The property boasts full window frontage, ensuring excellent natural light and strong street presence. Surrounded by a diverse mix of established businesses, including restaurants, salons, and specialty retailers, this location benefits from consistent foot traffic from both locals and holidaymakers.</li></ul>
Sale Notes
Secure a rare freehold commercial property right on the bustling Cowes foreshore. This well-located shop at 2/17 The Esplanade enjoys exceptional foot traffic and beachfront views, making it a standout asset in one of Phillip Island&#39;s most sought-after retail strips.<br> <br> Currently tenanted, it offers immediate, reliable rental income with minimal management required. With strong demand for commercial spaces in this vibrant coastal town, this property presents a solid, long-term investment.<br> <br> Don&#39;t miss the chance to own a prime piece of Cowes real estate with proven returns. Contact us today for details.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 9,644 SF
Property Type Retail (Condo)
Building Class C
Floors 4
Typical Floor Size 9,644 SF
Lot Size 0.24 AC

Amenities

  • Corner Lot
  • Restaurant
  • Signage
  • Air Conditioning
  • Balcony
  • Listing ID: 39881987

  • Date on Market: 3/24/2026

  • Last Updated:

  • Address: 17 The Esplanade, Cowes, VIC 3922

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