134-138 Thompson Avenue

An exceptional opportunity to secure a fully endorsed childcare development site in the thriving coastal township of Cowes. Positioned within a key growth corridor on Phillip Island, this premium offering is ideally suited for developers, investors, and childcare operators seeking a ready-to-deliver project. Property Highlights:-

• Endorsed plans in place for a 119-place childcare centre
• Generous landholding of 2,373sqm* in a prominent location
• Commercial Zoning - flexible and development-friendly
• Designed for a purpose-built, modern childcare facility Strategic Location :-
• Located within close proximity to key local schools including Cowes Primary School and Newhaven College
• Easy access to major retail and commercial hub Cowes Central Shopping Centre
• Surrounded by established residential catchments and growing family population
• Strong local demand for childcare driven by population growth and limited existing supply Investment Appeal:-
• Endorsed plans provide certainty and immediate development capability
• Positioned within a high-demand coastal and lifestyle region
• Significant catchment of young families and working parents
• Ideal for owner-operators, developers, or investors seeking a turnkey childcare project This is a rare chance to secure a premium childcare development site with endorsed plans in one of Victoria's most sought-after regional coastal markets.

Please contact a member of the Harcourts Home & Acreage Development Team to discuss this opportunity or to receive an Information Memorandum (IM). Puneet Wadhawan - 0423535407 Gaz Gill - 0483217099 Interested parties should conduct their due diligence before making any submissions. The information provided is for general guidance only and does not constitute any representation by the vendor or agent. Illustrations or images provided may include digitally enhanced staging. Due Diligence Checklist - http://www.consumer.vic.gov.au/duediligencechecklist Added 10 April, 2026 Property ID: #L40287193 Show More