199-203 Farm StreetKawana QLD 4701
Property Details for 199-203 Farm St, Kawana
Last Listing description (September 2021)
Anchored by Bunnings Group LTD is this prime investment opportunity in the heart of the North Rockhampton Industrial Precinct. Bunnings have occupied the shed since 2011 and have a current term until 2022 with 3 x 5 year options. Bunnings use this facility to accommodate the large number of tradesman that frequent the area allowing them faster access and service than the larger retail Bunnings store located nearby.
The property is improved with two large sheds totaling circa 1,500 sqm on a concrete hardstand area of circa 5,150 sqm.
- Shed 1 - Circa 830 sqm
- Net return of $197,000 per annum
- Tenant pays outgoings
The property also has a further 2,428 sqm of hardstand not leased by Bunnings Group which could be leased separately.
Give me a call to discuss options
Property History for 199-203 Farm St, Kawana, QLD 4701
- 17 Sep 2025Sold for $3,750,000
- 01 Jun 2023Sold for $2,700,000
- 29 Jun 2021Sold for $2,350,000
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0About Kawana 4701
The size of Kawana is approximately 7.6 square kilometres. There are 6 parks, covering nearly 7.8% of the total area. The population of Kawana in 2016 was 4426 people. By 2021 the population was 4434 showing a population growth of 0.2% in the area during that time. The predominant age group in Kawana is 20-29 years. Households in Kawana are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kawana work in a community and personal service occupation.In 2021, 58.90% of the homes in Kawana were owner-occupied compared with 56.90% in 2016.
Kawana has 2,256 properties. Over the last 5 years, Houses in Kawana have seen a 114.60% increase in median value, while Units have seen a 147.54% increase. As at 31 July 2026:
- The median value for Houses in Kawana is $646,717 while the median value for Units is $557,652.
- Houses have a median rent of $580 while Units have a median rent of $420.
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