7 Paltarra StreetThe Gap QLD 4061
Property Details for 7 Paltarra St, The Gap
7 Paltarra St, The Gap is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 263m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in June 2013.
Last Listing description (June 2013)
RESERVE SLASHED DON'T MISS OUT
This rare stand alone opportunity in The Gap is not to be missed. Well appointed along the quiet Paltarra Street this high quality commercial/residential property is truly unique to the market. It includes the following attractive attributes over two levels:
Commercial:
* Two (2) Exclusive car parks
* Includes reception area & 2 offices
* Small storage area with external roller door access
* Kitchenette & both Male & Female amenities
Residential:
* 105sqm* GFA First floor residential space
* Two (2) Exclusive car parks
* Includes 2 bedrooms both with built-ins
* Modern Kitchen & Bathroom
* Separate Living/Dining Area
* Balcony on front of property with leafy outlook
The property is currently fully leased on a periodic basis offering a holding income for the prospective purchaser. This is an unbelievable opportunity for the astute owner occupier / investor to acquire a quality stand alone asset just 11km* from Brisbane's CBD.
For a copy of the Information Memorandum or to arrange for an inspection please contact Elliott O'Shea of Raine & Horne Commercial.
Property History for 7 Paltarra St, The Gap, QLD 4061
- 29 Jun 2013Sold for $460,000
- 06 Nov 2012Listed for Sale OFFERS OVER $520,000
- 06 May 2010Listed for Rent - Price not available
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0About 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 6,789 properties. Over the last 5 years, Houses in The Gap have seen a 80.79% increase in median value, while Units have seen a 79.86% increase. As at 31 October 2024:
- The median value for Houses in The Gap is $1,291,632 while the median value for Units is $969,697.
- Houses have a median rent of $770 while Units have a median rent of $680.
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