The Governor

Located only 2km to the Brisbane CBD, The Governor at Bowen Hills – 44 Brookes Street, Bowen Hills QLD

Featuring 40 apartments spread over 10 levels with a mixture of 20 x 1 bedroom apartments and 20 x 2 bedroom apartments, the Governor is an exciting and fresh development that has just entered the Brisbane market. The strategic location that the development resides in is perfect for any investor to utilise the sale-ability of the development. Located extremely close to the Bowen Hill railway and easily accessible via a number of main arterial roads, the development site takes prime advantage of the Bowen Hills location. The development features a modern finish, with retail space on the ground floor. All apartments are residential and boast a north facing aspect.

Offering strong rental yields, solid capital growth, good tax benefits, and a positive cash flow – The Governor at Bowen Hills is a project you can’t afford to miss!

Brisbane Overview

For the June quarter 2013, Brisbane ranked as the third most affordable apartment market in Australia. Quarterly data obtained from the Real Estate Institute of Australia shows that, with a median value of $371,000 Brisbane apartments are currently $77,000 cheaper than the Australian average, and considerably less than Sydney and Melbourne values. Given the strong economic and population growth forecasts for Brisbane it is likely that median values will rise in line with increasing demand. According to the latest data provided by the Real Estate Institute of Australia, Brisbane’s average annual return over the past ten years (11.9%) has outperformed returns achieved in both Sydney (7.4%) and Melbourne (8.9%).

Bowen Hills Overview

Bowen Hills is located less than two kilometres from the Brisbane CBD and is currently undergoing a transformation on a massive scale. The suburb of Bowen Hills was declared one of eighteen important Urban Development Areas in Queensland in March 2008. The designated area within Bowen Hills, covers a total space of more than 100 hectares and is bordered by the major employment node of the Royal Brisbane and Woman’s hospital to the east, the $220 million inner city bypass to the south and Brunswick Street, Fortitude Valley to the north.

Prices start from only $339,000! 

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