Description:
* Blue Chip tenants on a 3 year x 3 x 3 year options. Started 1/04/2014 . $65,000 + GST per year in rent
* Rock solid investment
OUTGOINGS Paid by owner
Rates: $4700 per year
Insurance:$3200 per year
10.02 % Gross Return
8.78 % Net Return..
Location:
Bowen is situated in the northern region of the Whitsundays on the shores of Edgecumbe Bay, just 40 minutes' drive north from Airlie Beach. It's a picturesque seaside town that offers a beachcomber's paradise with eight award-winning, palm-fringed beaches to explore. Plus there's the reef, beach and estuary fishing. With a daily average of eight hours of sunshine all through the year, it can also lay claim to having Australia's best climate.
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 6,579 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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