8/18-24 Payne RoadThe Gap QLD 4061
Property Details for 8/18-24 Payne Rd, The Gap
8/18-24 Payne Rd, The Gap is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 134m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
Downsizers, first home buyers & professional couples are encouraged to inspect this spacious, ground floor apartment within a sought-after and convenient complex. Located in the thriving suburb of The Gap and offering a low-maintenance and contemporary lifestyle, this home will be popular amongst owner occupiers and tenants alike. Be quick to inspect this or contact Sid Mahabal for further information!
Features include:
Stylish monochromatic kitchen with stainless-steel appliances and stone benchtops;
Ground floor apartment with a breezy 45 Sqm courtyard;
Just 8km from the Brisbane CBD with express buses at the end of the street;
Current tenant is paying $520 per week.
18 Payne Road is a contemporary complex with several leisure and fitness opportunities. A sparkling in-ground swimming pool, fully equipped gymnasium, communal BBQ entertainment area, and secure car space are on offer and allow for easy entertaining and relaxation. The apartment itself is situated on the ground floor, inviting nice flow into the generous courtyard. Three generously proportioned bedrooms are on offer, each with built-in storage & carpet. Two bathrooms are available, one with a shower-over-bath combination, perfect for soaking away the stresses of the day.
The centrally-located and modern kitchen includes a stylish monochromatic colour scheme which continues in the bathrooms. Stainless steel appliances, dishwasher, stone benchtops, and breakfast bar all ensure catering in this kitchen is a pleasure. The kitchen adjoins an open-plan living and dining area. Flowing from the open plan living is the courtyard, perfect for entertaining family and friends or simply enjoying a morning cup of coffee.
You will be just 650m walk away from the The Gap Village with supermarkets, cafes, medical facilities, and other amenities. Tenants will appreciate being within the Payne Road State School and The Gap State High School, providing families with excellent local education options. The Gap is known for its active community and there is an abundance of bike and walking trails throughout the suburb, or you can swim at the Enoggera Reservoir. The Brisbane CBD is just over 8km away and is easily accessed by public transport.
Investors and owner occupiers alike will appreciate the position and calibre of this apartment, along with the excellent facilities on offer in the complex. Investors should take note of the strong potential rental return of $575-625 per week and can be rest assured that this location will continue to be popular. This is your opportunity to secure a low-maintenance lifestyle in the heart of The Gap! Inspect this weekend or contact Sid Mahabal to find out more.
Private & secure complex with lift access
Single lock-up car space
Internal laundry
Contemporary stone kitchen benchtops with dishwasher
In-ground pool & gymnasium in complex
Walking distance to local bus stops, cafes, parklands & schools
Property History for 8/18-24 Payne Rd, The Gap, QLD 4061
- 18 May 2023Sold for $615,000
- 08 May 2023Listed for Sale UNDER OFFER !!
- 09 Jun 2021Listed for Rent $510 / week
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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 6,801 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.
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