105 Bowen St, Roma is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom Unit sold in Roma in the last 12 months.
- 4 x 2 bedroom units (fully furnished)
- NOT strata titled
- NO body corporate fees
Fully Information Memorandum available by request.
This impressive double story block consists of four x two bedroom units, each boasting their own laundry, and private patio/balcony. Occupying 800 sqm of land, this property presents a remarkable opportunity as a low maintenance, excellent rental yield investment. Its proximity to local amenities including both schools, hospital and parks adds to its appeal.
Meticulously renovated with generous floorplans, creating a sense of timeless elegance and high-end finishes catering to professional tenants, ensuring both style and functionality in every detail.
Key Features:
- Four x two bedroom units each with excellent sized built in bedrooms and open plan living areas boasting a modern, white kitchen at the centre of its entertainment space between the living and dining
- Modern bathrooms with toilet, vanity and showers. Downstairs units have laundry facilities in that space
- Split systems air conditioning throughout each unit (both bedrooms plus the living area)
- Two x two six metre carports with concrete driveway access
- Low maintenance lawn and garden areas surrounding the complex, including separate grassed areas to the rear of units 2 and 4
- Each unit is fully furnished with an inventory list available on request
Approximately yielding a gross rental income of $104,000 pa with projected operating costs of $9,760, the approximate net yield of $95,000 pa places this property at the forefront of solid investments. The rental surge driven by Roma's expanding population and persistent undersupply of rental stock indicates a trend unlikely to wane.
What sets 105 Bowen Street apart is its commitment to design and deluxe with high-end finishes, impressively low outgoings, proven factual rents with room to grow, while boasting the lowest running costs on the market, with bare-bones maintenance and no body corporate fees, providing the best net return.
Contact Morgan Rowbotham to arrange an inspection on 0419 850 369 or for an information memorandum, email - morgan.rowbotham@raywhite.com
The size of Roma is approximately 78 square kilometres. It has 14 parks covering nearly 1.9% of total area. The population of Roma in 2011 was 6,905 people. By 2016 the population was 6,826 showing a population decline of 1.1% in the area during that time. The predominant age group in Roma is 0-9 years. Households in Roma are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Roma work in a trades occupation. In 2011, 57.2% of the homes in Roma were owner-occupied compared with 52.4% in 2016.
Roma has 4,109 properties. Over the last 5 years, Houses in Roma have seen a 41.68% increase in median value, while Units have seen a 21.28% increase. As at 31 July 2024:
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