FOR SALE
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1037 Waterworks Road
The Gap QLD 4061

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 711m2
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Entry level opportunity !

Welcome to 1037 Waterworks Road, The Gap! Set back from the road, this 3-bedroom home offers an exceptional opportunity for first-time buyers or investors seeking an entry-level property in The Gap. Currently tenanted until December 1st, this home offers loads of potential and boasts an ultra-convenient location. With local shops, cafes, parks, and public transport just a stone's throw away, everything you need is right at your doorstep.
Features Include:
• Three spacious bedrooms, each with built-in wardrobes, providing ample storage and comfort for a growing family.
• The original bathroom includes a separate shower, bathtub, and the convenience of a separate toilet.
• The home features an air-conditioned combined lounge and dining area with polished timber floors, creating a welcoming and versatile living space. The large separate kitchen is perfect for family meals and entertaining.
• Practical features include solid hardwood construction, split system air conditioning for year-round comfort, and a separate laundry room plus additional storage space downstairs. A double carport is offered, along with further room for off-street parking for family and guests.
• The 711m² lot offers plenty of space for children and pets to play, as well as room for outdoor entertaining, renovations, or extensions. Despite its main road address, the property remains peaceful and private, with easy access to primary and secondary schools, public transport, parkland, and The Gap Shopping Village.
• Currently rented at $565 per week until December, this property provides immediate rental income and long-term growth potential. Its prime location makes it a smart choice for those looking to enter the property market or expand their investment portfolio.
The Gap is a sought-after suburb known for its family-friendly atmosphere, excellent schools, and close-knit community. Don't miss this wonderful opportunity to invest in a property that combines location, potential, and value. Whether you're looking to take your first step onto the property ladder or expand your investment portfolio, 1037 Waterworks Road is a must-see.

Property Details for 1037 Waterworks Rd, The Gap

1037 Waterworks Rd, The Gap is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 711m2. The place is currently for sale with Ray White The Gap.

Building Type
House
Land Size
711m2

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About The Gap 4061

The size of The Gap is approximately 12.6 square kilometres. It has 31 parks covering nearly 10.8% of total area. The population of The Gap in 2011 was 15,949 people. By 2016 the population was 16,709 showing a population growth of 4.8% in the area during that time. The predominant age group in The Gap is 40-49 years. Households in The Gap are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Gap work in a professional occupation. In 2011, 83.4% of the homes in The Gap were owner-occupied compared with 83% in 2016.

The Gap has 6,805 properties. Over the last 5 years, Houses in The Gap have seen a 81.09% increase in median value, while Units have seen a 83.82% increase. As at 31 August 2024:

  • The median value for Houses in The Gap is $1,257,113 while the median value for Units is $963,030.
  • Houses have a median rent of $768 while Units have a median rent of $698.
There are currently 33 properties listed for sale, and 8 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in The gap.

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James Monaghan
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Ray White The Gap
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