Back 85A Powell St
Off Market

85A Powell St

Bowen QLD 4805

6
2
3
1012 m²
Block of units
Last sold for $690,000
Kyli McCraeKyli McCrae, last sold this property on 05 October 2025 after 228 days on market.

Overview

NEWLY RENOVATED DUPLEX PAIR - CENTRAL LOCATION!

Rarely do you find a DUPLEX pair in the Bowen market, and you will NEVER find them where they have gone through a full renovation. This DUPLEX pair offers two unique units on one block. The front unit offers two bedrooms, and one bathroom, and the rear unit offers a very unique four-bedroom, one-bathroom configuration. This complex is on one title and offers a revenue stream of $880 per week for the pair. This is a $45,760 annual return. The return on investment here is very appealing. This property offers you a very low-maintenance investment opportunity where the returns will take care of the complex for you. Bowen has a very high rental demand and very low vacancy rates, you can be assured of easy passive income from this property. Over the last couple of years, the Seller has completely transformed the complex with a beautiful renovation. Both of the units now feature new bathrooms and new kitchens with new appliances, all new flooring throughout, fresh paintwork inside and out, new decorative cladding features on the exterior, garden re-design, fencing, and updates to electrical and plumbing where required. Both units are fully air-conditioned and each has its own private fenced yards and lawn lockers as well as onsite parking with each unit. The rear unit has a huge fully fenced yard ideal for tenants with pets and kids. THE FIGURES: Rates: $6,007 per annum Insurance: $3,200 per annum RENTAL INCOME - Unit One: $395 per week with a lease expiring 15/09/2025 Unit Two: $485 per week with a lease expiring 24/10/2025 From this address, you are just steps away from Bowen's CBD, beaches and parks. This is an extremely rare opportunity and will be highly desirable amongst investors. Don't delay your enquiries, this property will be snapped up fast.

Features

6 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
1012 m² lot size
Block of units

Estimated Value

We need at least 3 similar 6 bedroom block of units sold in Bowen over the last 12 months.

Property history for 85A Powell St

2025
Sold
$690,000
05 Oct 2025 by Kyli McCrae, of McCrae Property Group
2023
Rented
Undisclosed
Leased on 14 Mar 2023 by McCrae Property Group
2016
Sold
$165,000
Private Sale/Treaty on 09 Jun 2016 by Vicki Beath, of Real Estate For Sale

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 6 bedroom block of units in Bowen

In the last 12 months, 1 six-bedroom block of units similar to 85A Powell St, have been sold.

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