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803 Waterworks Road
The Gap QLD 4061

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 402m2
Land area: 764m2
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Exceptional Dual-Purpose Investment Opportunity at The Gap

Presenting a unique opportunity to acquire a dual-purpose property via expression of interest at 803 Waterworks Road, The Gap. This distinctive site accommodates both residential living and sports and recreational facilities, offering a significant investment prospect. The commercial sector of this property is currently generating $65,000 annually with a stable tenancy for the next 5 years, while the residential part has an income of $31,200 per year, culminating in a total income of $97,200 per annum.
Property Highlights or Property Features:
• Dual-purpose property with commercial and residential components.
• Commercial income: $65,000 p.a. with 5 years remaining on the lease.
• Residential rental: $31,200 p.a. with 9 months remaining on the lease
• Prominent location with exceptional visibility and signage opportunities.
Location and Facility Benefits:
This property is ideally situated adjacent to Ashgrove Golf Course, providing serene views and a lush environment. Being on the main thoroughfare of Waterworks Road, it benefits from high traffic and excellent exposure, ideal for both the residential and commercial aspects of the property.
Accessibility and Surrounding Amenities:
The location on Waterworks Road ensures easy access to transportation links, making it highly accessible to Brisbane CBD and surrounding suburbs. Nearby amenities include local shops, cafes, and recreational facilities, enhancing the attractiveness for potential residential tenants and commercial business operations.
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Property Details for 803 Waterworks Rd, The Gap

Building Type
Commercial
Floor Size
402m2
Land Size
764m2

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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 6,803 properties.

    There are currently 33 properties listed for sale, and 13 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in The gap.

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    Franz Stapelberg
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    Nicolas Milner
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