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Retail

48 Powell Street Bowen, QLD 4805

Sold on 12 Jun 2023
  • Building: 459m²
  • Land: 1,050m²
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Retail in Bowen

Two Storey Commercial / Residential Investment

  • Building: 459m²
  • Land: 1,050m²

Property comprises:

  • 4 Bedroom Residence (upstairs) 207 m2
  • 180 m2 Retail Space
  • 2 x 36 m2 sheds

The ground floor occupied by Bowen Stationary and Computers on 3 year lease with 2 x 3 year options.

The 4 bedroom apartment upstairs is occupied by long term tenants on continuous 12 month leases.

The building is in good condition with polished timber floors upstairs and a corrugated fibro roof.

The downstairs commercial area and upstairs toilet & bathroom were completely renovated. The balance of the upstairs area has a retro 70's feel.

The downstairs area consists of a concrete interior floors, with a suspended grid ceiling tile. The interior walls are Masonite/fibro. The exterior of the building is concrete, with a veranda that projects over the footpath.

Note that the return as shown is arrived at AFTER deducting rates and insurance.

For further information, contact Stephen Kidd today - 0413 550 474

Building:

459m²

Land:

1,050m² / 0.26 acres

Zone:

Major Centre

Tenancy:

Tenanted

Categories:

Retail, Industrial/Warehouse, Other

48 Powell Street, Bowen, QLD 4805