1/89 Powell Street, Bowen, QLD 4805 | Unit for sale | OnTheHouse
 
FOR SALE
$320,000

1/89 Powell Street
Bowen QLD 4805

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 119m2
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CENTRALLY LOCATED RENOVATED UNIT

Modern, fresh and inviting solid masonry block unit located within a very neat and tidy complex of four units in total. Located within an easy walk of both the CBD and the beach, this property is ideally suited to both the investor market as well as people looking for a low maintenance and affordable place to call home. Currently this property is rented for $375 per week with a lease expiring 10/08/2026. There is instant income for investors that make this property a very easy assets to add to your portfolio. The owners have completed a renovation here a few years ago to include fresh paintwork, new kitchen with stone bench tops, updated bathroom as well as upgrades to the laundry with the additional of new storage cabinetry and new tiled flooring throughout. There is a single carport attached to the unit on one side and a small courtyard space on the other side of the property. The unit presents exceptionally well with no maintenance required. The whole complex has also recently had a new roof fitted.
THE FIGURES:
Body Corp fees: $868.75 per quarter
Rates: $2082 per half year approx
Rental Return: $375 per week
Lease Expiry Date: 10/08/2026
Be sure to add this property to your favourites, this property will impress upon your personal viewing.

Property Details for 1/89 Powell St, Bowen

1/89 Powell St, Bowen is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 119m2. The place is currently for sale with McCrae Property Group Pty LTd.

Building Type
Unit
Land Size
119m2
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About Bowen 4805

The size of Bowen is approximately 1650.5 square kilometres. It has 27 parks covering nearly 4.2% of total area. The population of Bowen in 2016 was 10377 people. By 2021 the population was 11205 showing a population growth of 8.0% in the area during that time. The predominant age group in Bowen is 60-69 years. Households in Bowen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bowen work in a labourer occupation.In 2021, 58.00% of the homes in Bowen were owner-occupied compared with 56.00% in 2016.

Bowen has 6,581 properties. Over the last 5 years, Houses in Bowen have seen a 99.89% increase in median value, while Units have seen a 62.33% increase. As at 30 April 2026:

  • The median value for Houses in Bowen is $516,265 while the median value for Units is $415,063.
  • Houses have a median rent of $600 while Units have a median rent of $420.
There are currently 146 properties listed for sale, and 18 properties listed for rent in Bowen on OnTheHouse. According to Cotality's data, 369 properties were sold in the past 12 months in Bowen.

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Kyli McCrae
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McCrae Property Group Pty LTd
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