12/10 Williams Street, Bowen, QLD 4805 | Unit for sale | OnTheHouse
 
FOR SALE
$430,000

12/10 Williams Street
Bowen QLD 4805

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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A Great Price Point with a 6% Gross Rental Yield

Currently returning approximately $480 per week, this modern two-bedroom townhouse offers an approximate 6.02% gross rental yield at the asking price of $430,000, with potential for future rental growth.
For investors looking for an affordable entry point into the Bowen property market, this property offers an appealing combination of established rental income, a strong gross yield and future potential.
Leased to an excellent, well-presented tenant who has cared for the property, this townhouse offers an established rental from day one. The tenancy is currently on a periodic agreement at approximately $480 per week, generating around $24,960 in gross rental income annually and providing an immediate income stream for the next owner.
There is also potential for future rental growth in line with market conditions, providing an opportunity to increase the property's income over time.
The numbers at a glance:
Asking price: $430,000
Current rent: Approx. $480 per week
Gross annual rental income: Approx. $24,960
Gross rental yield: Approx. 6.02%
Lease: Periodic
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Property Details for 12/10 Williams St, Bowen

12/10 Williams St, Bowen is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 113m2. The place is currently for sale with LJ Hooker Bowen.

Building Type
Unit
Floor Size
113m2
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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 6,645 properties. Over the last 5 years, Houses in Bowen have seen a 94.57% increase in median value, while Units have seen a 54.06% increase. As at 31 August 2026:

  • The median value for Houses in Bowen is $557,318 while the median value for Units is $413,005.
  • Houses have a median rent of $620 while Units have a median rent of $460.
There are currently 172 properties listed for sale, and 30 properties listed for rent in Bowen on OnTheHouse. According to Cotality's data, 325 properties were sold in the past 12 months in Bowen.

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Kayla Smith
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LJ Hooker Bowen
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