SOLD
Sold on 30 Nov 2023 for $140,000

9 Grantham Street
Bowen QLD 4805

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 45m2
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Sold By
Kyli Mccrae
McCrae Property Group
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Property Details for Lot 20/9 Grantham St, Bowen

Lot 20/9 Grantham St, Bowen is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 45m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Bowen in the last 12 months.

Building Type
Unit
Land Size
45m2
Local Government
Whitsunday Regional
Lot/Plan
20/SP241783

Last Listing description (January 2024)

Studio apartment at Bowen's beautiful Horseshoe Bay that you can use when you are on holidays. What a treat for the investment portfolio. Unit 20 is a top level apartment at the rear of the complex. This unit has a lovely outlook over the garden and pool, a rear entrance car parking area and a lovely quiet position within the Skyview complex. Inside the unit you are fully self contained with a private bathroom, kitchenette, wardrobe and a spacious bedroom/ living area. The whole complex is presented immaculately which creates a lovely environment for its guests. From this location you are just one minute walk and you are standing on the white sands of Horseshoe Bay. Sunday's are a wonderful day here with the markets just a few minutes stroll down the road, you can gather arts and crafts, the freshest fruit and veg and grab a fresh coffee and some brekky while you are there.

This apartment is part of the onsite holiday management pool and enjoys regular and strong returns. This is a wonderful return on your investment with the bonus of being able to use the unit yourselves from time to time if you want to have a holiday break in Bowen.

Costs are as follows:

Body Corp Fees: Approx $1259 per quarter
Rates: Approx $1686 per half year
Income: Approx $2000 net per month (two years figures available upon request)

A unique addition to any investment portfolio, a great option for super fund purchasers. This is a very easy set and forget investment that will continue to provide passive income for years to come. Be sure to inspect this and investigate this property further.

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Property History for Lot 20/9 Grantham St, Bowen, QLD 4805

A timeline of how this property has performed in the market
Last Sold
$140,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $140,000
  • 03 Aug 2023
    Listed for Sale $150,000
  • 28 Feb 2022
    Sold for $130,000

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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 6,627 properties. Over the last 5 years, Houses in Bowen have seen a 78.11% increase in median value, while Units have seen a 79.47% increase. As at 31 October 2024:

  • The median value for Houses in Bowen is $421,889 while the median value for Units is $346,559.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 167 properties listed for sale, and 22 properties listed for rent in Bowen on OnTheHouse. According to CoreLogic's data, 395 properties were sold in the past 12 months in Bowen.

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