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Cowes Plaza 209-213 Settlement Rd 1,335 SF of Retail Space Available in Cowes, VIC 3922
Highlights
- Prominent street frontage delivering strong pedestrian and vehicular exposure.
- Shared amenities within Cowes Plaza and 35 shared customer/staff parking spaces.
- Positioned in the vibrant Cowes Plaza retail precinct.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 7 | 1,335 SF | 1-10 Years | $23.02 /SF/YR $1.92 /SF/MO $30,723 /YR $2,560 /MO | Full Service |
Ground, Ste 7
Secure a prominent position in the heart of Cowes with this street-facing retail tenancy located within the well-established Cowes Plaza complex. Spanning approximately 124 m², this versatile property features an open-plan configuration with a separate rear room of approximately 20 m², ideal for storage, staff amenities, or back-of-house operations. Designed for flexibility, the property offers dual access points, making it easy to adapt to a variety of layouts. Businesses considering hospitality will appreciate access to a grease trap, while other operators can capitalize on the high-profile street presence that ensures strong vehicle and pedestrian exposure. Benefit from shared Plaza amenities for staff and customers, and take advantage of 35 on-site parking spaces, enhancing overall accessibility. This tenancy is ideally suited for retail, professional services, or food-based operators (STCA) seeking a central location in Cowes’ busiest commercial hub.
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Fully Carpeted
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,335 SF | Gross Leasable Area | 15,651 SF |
| Property Type | Retail | Parking Ratio | 2.24/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 1,335 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 15,651 SF |
| Parking Ratio | 2.24/1,000 SF |
About the Property
209-213 Settlement Road, Cowes VIC 3922 is the Cowes Plaza retail center located in the township core of Phillip Island. The property comprises approximately 1,454 m² of enclosed floor area. The surrounding complex incorporates a diverse tenant mix, facilitating reciprocal trade benefits. Public transport options are available within 282 meters along Thompson Avenue, and the site is supported by structured car parking to the rear of the complex.
- Security System
- Signage
Presented by
Cowes Plaza | 209-213 Settlement Rd
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