26 Cowlishaw St, Bowen Hills is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 574m2 and floor size of 294m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
An instant income generator for a savvy owner-occupier, this converted Queenslander is configured to provide five self-contained flats, complete with easycare modern updates. On the border of Newstead, the premier address is walking distance to Gasworks Plaza, Homemakers Centre, parks, bus stops, Bowen Hills Station and a multitude of restaurants.
The double storey layout incorporates three residences on the ground floor and a further two on the top level, with all offering individual entrances. There's huge potential for you to live comfortably upstairs and benefit financially from renting the others.
In a prominent hillside position, with elevated urban outlooks and low maintenance gardens, it's an ideal freehold property in a highly sought-after inner-city suburb.
High occupancy rate, currently drawing $1,565 per week rental (Unit 5 currently owner occupier). Opportunity to earn $2,360-$2,610 if all units were leased at the current market rate.
One and two bedroom flats with combined living/dining areas
Serviced by practical kitchens, tidy bathrooms, shared laundries
Largest apartment beautifully renovated with quality inclusions
Traditional high ceilings, polished timber floors, VJ lining boards
Opens onto undercover entertaining deck with treetop views
Well equipped kitchen with stone island bench for casual meals
Thoughtfully considered floorplan with study to work from home
Unit 4 & 5 have bathrooms appointed with bath and shower recess
Air conditioning, ceiling fans, good ventilation and natural light
Entertaining terrace and shaded sitting areas, double garage
Endless options, reside in one, earn income by renting out all
Near cafes, fitness centres, bars and beautiful riverside walkways
From here, it is a short distance to James Street, Fortitude Valley and Howard Smith Wharves lifestyle precincts. District schools include coveted New Farm State and Fortitude Valley State Secondary College.
This is a ready-made live-in investment opportunity that you cannot afford to miss.
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 4,062 properties. Over the last 5 years, Houses in Bowen Hills have seen a -60.70% decrease in median value, while Units have seen a 26.14% increase. As at 31 October 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.