SOLD
Sold on 02 Aug 2024 for $2,200,000

50A George Street
Bowen QLD 4805

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 6944m2
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Sold By
Errol Bartkowski
Premium Property Qld
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Property Details for 50a George St, Bowen

Building Type
Commercial
Land Size
6944m2
Local Government
Whitsunday Regional
Lot/Plan
3/B66145

Last Listing description (September 2024)

Discover the ultimate opportunity to propel this Storage Unit business to new heights with this well established and bulk stores property situated in the Whitsunday Region, Bowen. Prepare to be enthralled by the opportunity that awaits within spacious facility, spanning an impressive 6,944 square meters of prime real estate located within walking distance of the CBD.

There are 109 storage units with a number of configurations plus the A frame Shed which has the ability to store 20 plus items including larger boats and caravans
The Boat Shed storage units have operated successfully over a lengthy period of time and enjoys pretty much 100% occupancy.

The complex is easily run with a live in onsite Manager and all of the necessary security facilities together with Solar Power.

The business is showing great financial returns over the last 20 years of successful operation.

Within this exceptional infrastructure, you'll discover an abundance of room for storage, warehousing and beyond. The soaring ceilings and expansive loading bays effortlessly facilitate the smooth movement of goods in and out of the premises, ensuring seamless operations and maximizing efficiency. Furthermore, the robust construction of this property instills unwavering confidence in the longevity and profitability of your investment.

Time is of the essence, and this remarkable opportunity won't wait forever. Seize the chance to propel your own business to new heights by contacting us today to arrange a personal viewing. Witness firsthand the myriad of possibilities and uncover the hidden gems that lie within this extraordinary property. Don't delay, as the key to your business next chapter awaits within the walls of this remarkable establishment.

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Property History for 50a George St, Bowen, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$2,200,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $2,200,000
  • 20 Jun 2024
    Listed for Sale Whitsunday Self Storage Facility
  • 19 May 2023
    Listed for Sale $2,750,000
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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 6,616 properties. Over the last 5 years, Houses in Bowen have seen a 60.00% increase in median value, while Units have seen a 110.09% increase. As at 30 September 2024:

  • The median value for Houses in Bowen is $411,691 while the median value for Units is $331,217.
  • Houses have a median rent of $550 while Units have a median rent of $410.
There are currently 158 properties listed for sale, and 19 properties listed for rent in Bowen on OnTheHouse. According to CoreLogic's data, 397 properties were sold in the past 12 months in Bowen.

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