50 Powell StreetBowen QLD 4805
Property Details for 50 Powell St, Bowen
Last Listing description (July 2025)
Exceptional Mixed-Use Property with Multiple Income Streams in Bowen's Prime CBD. This unique mixed-use site offers incredible potential for the savvy investor, with four separate tenancy opportunities on one property. Currently, the property includes three prominent shopfronts on Powell Street and a spacious private residence at the rear. The residence at the rear is vacant, providing the new owner with the option to either move in or generate additional rental income from a fourth tenancy.
Commercial and retail space is in high demand in Bowen, and with few available options for incoming tenants, this property is a solid investment that promises long-term returns. Situated on a generous 1,141m² parcel of land, the property offers ample tenant parking at the rear and additional shed space for residents. The property is zoned Major Centre according to the local council town plan, presenting exciting future development opportunities. All shop fitouts belong to tenants.
INCOME DETAILS:
Rental Return: $1,600 per month
Lease Details: 12 months with Expiry 4th August, 2025 (with one-year option)
Shop Two – Hooked on Hair
Rental Return: $1,080 per month
Shop Three – Clothing Store
Rental Return: $470 per month
Tenancy Four – Rear Residence
Currently Vacant
Rental Appraisal: $500 per week
Total Potential Income: $5,316 per month / $63,792 per annum
OUTGOINGS:
Rates: $4,464 per half year
Insurance: $4,330 per annum
* The outgoings are not part of any of the tenant leases.
What a rare investment opportunity. This mixed-use property, located in the heart of Bowen's bustling CBD, offers an exceptional opportunity for both immediate and long-term investment. Don’t miss your chance to secure this versatile property—contact us today for more information.
* Please note that the property may be subject to GST.
Property History for 50 Powell St, Bowen, QLD 4805
- 11 Oct 2025Listed for Rent $585 / week
- 04 Jul 2025Sold for $550,000
- 08 Apr 2025Listed for Sale $625,000 PLUS GST (If Applicable)
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0About 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 6,582 properties. Over the last 5 years, Houses in Bowen have seen a 91.60% increase in median value, while Units have seen a 70.94% increase. As at 30 November 2025:
- The median value for Houses in Bowen is $505,455 while the median value for Units is $412,683.
- Houses have a median rent of $593 while Units have a median rent of $450.
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