10 Don Street, Bowen, QLD 4805 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$1,395,000

10 Don Street
Bowen QLD 4805

Bedrooms: 2
Bathrooms: 1
Car spaces: 7
Floor area: 75m2
Land area: 9854m2
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ALMIGHTY GREAT OPPORTUNITY!

INCOME INVESTMENT + DEVELOPMENT OPPORTUNITY TO GROW YOUR INVESTMENT
2.4 Acre (9,854 square metres) zoned Low-medium density residential - appropriate for multi unit development.
Currently has 4 solid masonry block rental flats producing good consistent income all from leases. It is located on a trunk road, with 60 metres frontage, connecting the Bruce Highway with the town centre, It has excellent access and manoeuvreability. This site is also an ideal spot for motel also.
The land is improved with a double storey unit block comprising four two bedroom units each with its own balcony and single covered car space. Current total gross rents are $1,250 per week - approx $65,000 per annum. A typical floor plan is provided in the web page. The units are bright and airy and comfortable.
This entire investment has good prospect for upside. Rental growth and development potential are the levers for your success.
Give us a call to arrange an inspection. This is a unique opportunity for building your future.

Property Details for 10 Don St, Bowen

10 Don St, Bowen is a 2 bedroom, 1 bathroom BlockOfUnits with 7 parking spaces. The property has a land size of 9854m2 and floor size of 75m2. The place is currently for sale with Professionals - Bowen.

Building Type
BlockOfUnits
Floor Size
75m2
Land Size
9854m2
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About Bowen 4805

The size of Bowen is approximately 1650.5 square kilometres. There are 27 parks, covering nearly 4.2% of the 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 6,654 properties. Over the last 5 years, Houses in Bowen have seen a 99.41% increase in median value, while Units have seen a 75.52% increase. As at 31 July 2026:

  • The median value for Houses in Bowen is $558,591 while the median value for Units is $425,988.
  • Houses have a median rent of $610 while Units have a median rent of $435.
There are currently 171 properties listed for sale, and 31 properties listed for rent in Bowen on OnTheHouse. According to Cotality's data, 326 properties were sold in the past 12 months in Bowen.

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Brian Sellars
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