Are you looking for a safe, secure investment that will give you a decent return - well then, this might be worth you looking into.
The Bakery building in Bowraville is a solid shop with lockup yard in a great position in the main street and is the only one in the town.
The tenant has been in the building for over twenty years and has a three year option in their lease . The gross return is around the 4.5% with the tenant covering the majority of the outgoings.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
The size of Bowraville is approximately 27.0 square kilometres. There are 3 parks, covering nearly 17.3% of the total area. The population of Bowraville in 2016 was 1122 people. By 2021 the population was 1157 showing a population growth of 3.1% in the area during that time. The predominant age group in Bowraville is 50-59 years. Households in Bowraville are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bowraville work in a community and personal service occupation.In 2021, 70.50% of the homes in Bowraville were owner-occupied compared with 65.90% in 2016.
Bowraville has 614 properties. Over the last 5 years, Houses in Bowraville have seen a 51.27% increase in median value. As at 31 July 2026:
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