The fallen West Coast star spent more than an hour at the Lexus Centre, speaking to his former Eagles coach Mick Malthouse.
The AFL banned Cousins from top-level football this year after his well-publicised drug problems.
But he could make his comeback at some point this season through a lower league.
Malthouse, now Collingwood's coach, also met with Cousins last month in Melbourne.
He strongly denied the Magpies were in the process of trying to recruit the Brownlow Medallist and former Eagles captain.
"Ben's here at the moment, I'm obviously meeting with Ben to have a chat, that's as far as that goes," Malthouse said on Friday.
"That's no indicator whatsoever that Collingwood will be recruiting Ben Cousins, so he's got his year to serve.
"What Ben does after that, I hope he does get back into football."
When asked about Cousins' health, Malthouse quickly changed the topic, saying: "we play North Melbourne this week."
Cousins declined to go into any detail when asked for comment after his meeting with Malthouse.
"I'm not talking to the media at the moment, I'm just enjoying a nice day in Melbourne," Cousins said.
Asked if he was any closer to playing, Cousins replied "ah, I don't think so."
But Cousins looked healthy and cheerful and said he was keeping fit.
"I'm feeling good, fresh," he said.
"I'm always doing something, keep the body ticking over."
