Back 55A George Street
Off Market

55A George Street

Bowen QLD 4805

2023 m²
Land
Last sold for $470,000
Kyli McCraeKyli McCrae, last sold this property on 22 July 2025 after 361 days on market.

Overview

PRIME CDB DEVELOPMENT SITE

With 'Major Centre' zoning, this vacant parcel of land is your blank canvas to establish the mixed use residential/ business premises you desire. Within Bowen's market it is very difficult to secure sites suited to redevelopment. This site offers a prime CBD location, just steps from the beach that has the potential to offer a custom residential and commercial development to capitalise on the increasing demand for both residential and business locations. Being on a corner you enjoy premium visibility as well as easy access for parking, deliveries from trucks and ample space to establish your new business premises. As an added bonus there is on street and centre street parking surrounding this site making it very easy for access. With 2023m2 of land to work with, there is scope to establish your business premises here AND you could explore building a mix use project to include business and residential facilities (STCA). The parcel of land offers a very gentle contour to make your build hassle free. This site is located just two streets back from Bowen's famous front beach precinct. There are a number of exciting new private developments planned for this area in coming years and your new development has the opportunity to be in the middle of all of this action. The block currently has a slight ocean view; with a potential multi story development you may be able to capture wonderful ocean views into the future as well. Be sure to carry out your investigations quickly; vacant land in this location is incredibly rare and will be sure to be snapped up promptly.

Features

2023 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Bowen over the last 12 months, the estimated median property value of 55A George Street is $183.25k.

Median value
$183.25k
Estimated value range
$80k - $470k
Median days on market
52
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bowen. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 55A George Street

2025
Sold
$470,000
Private Sale/Treaty on 22 Jul 2025 by Kyli McCrae, of McCrae Property Group

Happy sellers in Bowen

92%
92% of sellers in Bowen reported that their sale price either exceeded or met their price expectations.

Bowen stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 82 reviews in Bowen over the last 12 months.

Local market activity for land plots in Bowen

In the last 12 months, 8 land plots similar to 55A George Street, have been sold.

This represents a 40% increase in land plots sales when compared to the previous 12 months.

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