**For Sale: Prime Accommodation Property in Bowen - $890,000**
Welcome to 8 Herbert Street, Bowen - an exceptional opportunity to own a passive Investment property in one of Queensland's most picturesque coastal towns. This well-located property boasts a generous land area of 784 sqm and a spacious building area of 350 sqm, providing ample room for various business ventures or redevelopment possibilities.
**Property Highlights:**
- **Strategic Location:** Situated in the heart of Bowen, this property enjoys high visibility and foot traffic, making it an ideal spot for Workers Accomodation facility. The stunning beaches and local attractions are just a stone's throw away, drawing both tourists and locals alike.
- **Spacious Layout:** The 350 sqm building features a flexible floor plan that can be adapted to suit your business needs. With multiple rooms and facilities, the space can easily accommodate a range of hospitality services, from accommodations to dining experiences.
- **Land Area:** The expansive 784 sqm land area offers plenty of outdoor space for additional development, outdoor seating, or recreational facilities, allowing you to maximize your investment potential.
- **Investment Potential:**
The property has a great current Lease of 3 years with a further Option of 3 Years with all outgoings paid by the Lessee.
With Bowen's growing popularity as a tourist destination, this property presents a lucrative passive investment opportunity. Whether you're looking to operate a thriving business or develop the site further, the possibilities are endless.
- **Community and Lifestyle:** Bowen is known for its friendly community, stunning beaches, and vibrant local culture. Enjoy the laid-back lifestyle while benefiting from the region's growing tourism sector.
This property is competitively priced at $890,000 with ROI of circa 9% offering an incredible opportunity for savvy investors or entrepreneurs looking to make their mark in the hospitality industry.
Don't miss out on this rare chance to secure a prime piece of real estate in Bowen. For more information or to arrange a viewing, please contact us today!
**Your future starts here at 8 Herbert Street, Bowen!**
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 6,584 properties. Over the last 5 years, Houses in Bowen have seen a 86.97% increase in median value, while Units have seen a 58.12% increase. As at 28 February 2026:
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