SOLD
Sold on 03 Apr 2024 for $635,000

1/87A Horseshoe Bay Road
Bowen QLD 4805

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 210m2
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McCrae Property Group
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Property Details for 1/87a Horseshoe Bay Rd, Bowen

1/87a Horseshoe Bay Rd, Bowen is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 210m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Townhouse sold in Bowen in the last 12 months.

Building Type
Townhouse
Year Built
2005
Floor Size
147m2
Land Size
210m2
Local Government
Whitsunday Regional
Lot/Plan
1/SP173596

Last Listing description (May 2024)

You are just mere steps to the beach and crashing waves on the beach from this wonderful three bedroom fully appointed apartment. A once in a lifetime position at this price is a very rare find. This property is a perfect choice for investors with a solid lease in place returning $550 per week and a lease expiring 24/02/2025. If you are looking for a future weekend getaway, retiree escape from the southern winters or a wonderful investment opportunity. You can sit on your front patio or deck (both available with this property) and see the crystal blue ocean from the privacy of your own residence. There is even private courtyard at the front of the property. This property will offer you the very best of all worlds. You will be immediately taken with the presence of this property.

This position also gives you the added bonus of being just steps from the regular Sunday markets. You can walk over each Sunday and enjoy breakfast and fresh coffee along with being able to gather your farm fresh fruit and vegetables. For people who enjoy a walk or something more brisk, parklands, the golf course and walking tracks & exercise circuit are also just steps away for you to keep your fitness regime up while enjoying ocean views and breezes to keep you cool.

THE FIGURES:

Body Corporate Fees: $2025 (Invoiced quarterly)
Rates: $1600 per half Approx*
Rental Income: $550 per week

Located within a complex of three only townhouses ('The Decks Apartments'), you have privacy assured. A private pool for the exclusive use of the residents is a huge bonus. Three large bedrooms feature on the upper level along with a very roomy second living area that opens onto the private deck. For those who need it, there is also an office nook on the upper level making it very easy to work from home. One large bathroom features on the upper level and a second bathroom is on the bottom floor. Downstairs via the timber internal staircase you find a large open plan living/ dining area that encompasses the kitchen as well.

Each townhouse has its own remote control double garage that is access from the rear of the property as well as onsite visitor parking.

There is so much lifestyle to offer from this dynamic property. Priced to meet the market, this property will not last. Make you enquiries immediately to avoid disappointment.

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Property History for 1/87a Horseshoe Bay Rd, Bowen, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$635,000
03 Apr 2024
Listed for Rent
$350/w
02 Dec 2015
  • 03 Apr 2024
    Sold for $635,000
  • 15 Mar 2024
    Listed for Sale $650,000
  • 22 Jan 2024
    Listed for Rent $550 / week
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About Bowen 4805

The size of Bowen is approximately 1,650.5 square kilometres. It has 27 parks covering nearly 4.2% of total area. The population of Bowen in 2011 was 10,260 people. By 2016 the population was 10,376 showing a population growth of 1.1% in the area during that time. The predominant age group in Bowen is 50-59 years. Households in Bowen are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen work in a labourer occupation. In 2011, 59.1% of the homes in Bowen were owner-occupied compared with 56% in 2016.

Bowen has 6,625 properties. Over the last 5 years, Houses in Bowen have seen a 80.22% increase in median value, while Units have seen a 80.07% increase. As at 31 August 2024:

  • The median value for Houses in Bowen is $411,938 while the median value for Units is $302,080.
  • Houses have a median rent of $550 while Units have a median rent of $400.
There are currently 175 properties listed for sale, and 20 properties listed for rent in Bowen on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Bowen.

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