10 Don Street, Bowen, Qld 4805

$1,395,000

Block Of Units
Type
2
Bedrooms
1
Bathrooms
7
Parkings
9,854 m²
Area

Published on Thursday, August 27, 2026 ( See property details for 10 Don Street, Bowen, Qld 4805)

$1,395,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment property on a large, developable block with solid rental income and significant future growth potential in Bowen, QLD.

🏡 Property Highlights

  • Income-generating property with four solid masonry rental flats
  • Zoned Low-medium density residential suitable for multi-unit development
  • Prime 2.4-acre (9,854 sqm) site with excellent road frontage and access
  • Current gross rental income of approximately $65,000 per annum
  • Potential for rental growth and future development opportunities
  • Strategically located on a trunk road connecting Bruce Highway to Bowen town centre

✨ Key Features

  • Balcony
  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Ensuite
  • Internal Laundry

Bowen is a vibrant coastal town renowned for its stunning beaches, relaxed lifestyle, and growing community. The area offers excellent access to major transport routes, making it ideal for both residents and investors. With a strong local economy and development prospects, Bowen presents a promising opportunity for future growth. The town features a range of amenities, outdoor activities, and a welcoming atmosphere, making it a desirable location for living and investing.

What is the current rental income and potential for growth?
The property currently generates approximately $65,000 per annum in gross rental income, with prospects for rental growth as the area develops.
What are the development opportunities for this site?
The 2.4-acre site is zoned Low-medium density residential, suitable for multi-unit development, including potential for a motel or other residential projects.
Are there any restrictions or approvals needed for development?
Development will require compliance with local zoning regulations and planning approvals, which should be verified with Bowen City Council.
What is the condition of the existing units?
The current units are solid masonry block structures, bright, airy, and comfortable, providing reliable rental income.
Is there scope for future rental or value addition?
Yes, there is good potential for rental growth and value addition through development or upgrades to the existing units.
Are there any existing planning or zoning restrictions that could limit development options? What are the costs associated with obtaining necessary development approvals? Are there any easements, covenants, or restrictions on the land that could affect future use? Has the property been assessed for flood or bushfire risks? Are there any upcoming infrastructure projects or planning changes in Bowen that could impact the property?

10 Don Street, Bowen, Qld 4805 - More Details

$1,395,000

INCOME INVESTMENT + DEVELOPMENT OPPORTUNITY TO GROW YOUR INVESTMENT

2.4 Acre (9,854 square metres) zoned Low-medium density residential - appropriate for multi unit development.

Currently has 4 solid masonry block rental flats producing good consistent income all from leases. It is located on a trunk road, with 60 metres frontage, connecting the Bruce Highway with the town centre, It has excellent access and manoeuvreability. This site is also an ideal spot for motel also.

The land is improved with a double storey unit block comprising four two bedroom units each with its own balcony and single covered car space. Current total gross rents are $1,250 per week - approx $65,000 per annum. A typical floor plan is provided in the web page. The units are bright and airy and comfortable.

This entire investment has good prospect for upside. Rental growth and development potential are the levers for your success.

Give us a call to arrange an inspection. This is a unique opportunity for building your future.

Type
Block Of Units
Bedrooms
2
Bathrooms
1
Parkings
7
Area
9,854 m²
House Size
75 m²

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