1/16 Taylor StreetBowen Hills QLD 4006
Property Details for 1/16 Taylor St, Bowen Hills
Last Listing description (August 2023)
Strong yielding investment property that benefits from a continuous 13.5 year occupation by a single tenant.
Situated on a busy corner location the industrial unit offers superb signage. The unit has a take away food cafe use and benefits from the main road exposure.
The investment offers strong returns and stable income for up to 10 years with a new 5 + 5 year lease.
Characteristics include;
$55,092 excl of GST net income p.a.
Industrial Cafe and Takeaway
Lease commencement 1st July, 2023
No evidence of flooding since 1st constructed
Substantial street frontage, Taylor St & Hudson Rd
Generous signage & visibility
Main arterial road frontage
Exclusive use parking
2.5km (approx) from proposed Olympic Stadium
6km (approx) Brisbane CBD
9km (approx) from proposed Brisbane Olympic Stadium
Opportunities to purchase fully leased Brisbane located investments with secure income and a reliable, stable tenant are difficult to source in the host City - Olympics 2032.
Expressions of Interest Available
Pro Forma Sale Contract Available
Executed Lease Available
Income and Outgoings Available
Exclusive Agent
Argus Commercial
Sam Higgins 0439 034 045
Property History for 1/16 Taylor St, Bowen Hills, QLD 4006
- 21 May 2024Sold for $850,000
- 14 Aug 2023Listed for Sale New 5 plus 5 Year Lease
- 11 May 2022Listed for Sale Auction Fully Leased Investment If Not Sold Prior to Auction
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0About Bowen Hills 4006
The size of Bowen Hills is approximately 1.7 square kilometres. It has 2 parks covering nearly 4.2% of total area. The population of Bowen Hills in 2011 was 1,744 people. By 2016 the population was 3,214 showing a population growth of 84.3% in the area during that time. The predominant age group in Bowen Hills is 20-29 years. Households in Bowen Hills are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bowen Hills work in a professional occupation. In 2011, 25.6% of the homes in Bowen Hills were owner-occupied compared with 17.5% in 2016.
Bowen Hills has 4,094 properties. Over the last 5 years, Houses in Bowen Hills have seen a -20.94% decrease in median value, while Units have seen a 22.18% increase. As at 31 July 2024:
- The median value for Houses in Bowen Hills is $855,025 while the median value for Units is $540,268.
- Houses have a median rent of $573 while Units have a median rent of $600.
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