OFF MARKET

2 Herbert Street
Bowen QLD 4805

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 951m2
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Last updated 16 Sep 2024
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Property Details for 2 Herbert St, Bowen

2 Herbert St, Bowen is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 951m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last transferred in May 2018.

Building Type
House
Year Built
2010
Floor Size
138m2
Land Size
951m2
Local Government
Whitsunday Regional
Lot/Plan
1/RP720845

Last Listing description (June 2018)

Former 'Harbour Masters' house situated on the corner of Santa Barbara Parade and Herbert Street (main Street) and overlooking Bowen's re-designed front beach and surrounds, this high set residential/office combo on 951m2 corner block boasts magnificent ocean views across the bay. It contains a 3 bedroom home plus office complex comprising of 2 main offices and reception area. The home needs some renovation.
This unique block is zoned special purpose and a development application has been lodged for 20 motel units, licenced hotel with outdoor dining area and ancillary uses with 21 on-grade parking spaces. Properties of this position and potential don't come along too often and I see this as the best special purpose site not only here but anywhere in North Qld. The view will definitely sell the potential this property has.
Priced to sell at $850,000 (subject to DA if required)

Don't miss this once in a lifetime opportunity to invest in a great position.

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Property History for 2 Herbert St, Bowen, QLD 4805

A timeline of how this property has performed in the market
Last Transferred
$336,000
11 May 2018
Listed for Rent
$150/w
29 Mar 2017
  • 11 May 2018
    Transferred for $336,000
  • 10 Nov 2016
    Listed for Rent $250 / week
  • 03 Jun 2016
    Listed for Rent $150 / 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 176 properties listed for sale, and 20 properties listed for rent in Bowen on OnTheHouse. According to CoreLogic's data, 382 properties were sold in the past 12 months in Bowen.

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