Positioned in a peaceful cul de sac just one street back from the beach, this unique and solidly constructed double storey property presents an outstanding opportunity for investors, extended families or owner occupiers seeking additional income. With two fully self contained residences on one title and a current rental return of $950 per week, the property is the perfect addition to any investors growing property portfolio. Enjoy breathtaking views of Kings Beach and across to Bona Bay on Gloucester Island from multiple levels of the home. Located only moments from beach access, the property combines lifestyle, flexibility and strong investment fundamentals in one highly desirable package. The primary residence is a spacious three bedroom, two level home featuring polished timber floors, a quality 2 pac kitchen with granite benchtops and a light filled open plan living area. The air conditioned lounge, dining and kitchen areas flow seamlessly onto a covered tiled veranda capturing magnificent ocean views. The main bedroom also enjoys stunning water views, a built in wardrobe and air conditioning. Upstairs features the main bathroom and a second air conditioned bedroom, whilst the lower level includes a third air conditioned bedroom, second bathroom, laundry, entrance foyer and a large high clearance double lock up garage with substantial storage space. On the lower level, the fully self-contained secondary residence offers excellent independent living or rental potential. Featuring two bedrooms including an air conditioned main bedroom, this residence boasts a sunken air conditioned lounge that opens onto a private courtyard and rear garden with tranquil bay views. Durable treated slate flooring throughout ensures low maintenance living. Designed for complete independence, both residences benefit from their own electricity accounts, car accommodation and waste collection services. This thoughtful separation enhances rental appeal and provides maximum flexibility for owners and tenants alike. Whether you're looking to expand your investment portfolio, accommodate multi generational living or secure a coastal property with a strong income stream, this versatile residence delivers on every front. Property Highlights: * Two fully self-contained residences on one title * Current rental return of $950 per week with rental increases due July 2026 * Spectacular ocean and bay views from all levels * Quiet cul-de-sac location one street from the beach * Creek and beach access at the end of the street * Separate utilities, NBN, access and parking for each residence * Ideal for investors, extended families or owner occupiers seeking additional income Don't delay, contact the realestate PROFESSIONALS today to arrange an inspection of this unique property as soon as your are able.
RealistIQ deal score
Strong value signal
91
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 14 Casuarina Street, Bowen before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $1,205,000 - $2,043,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,624,000
Market price guide$874,000
$1,205,000$2,043,000
Before you inspect, check what similar properties actually sold for.