15b Willshire St, The Gap is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 234m2 and floor size of 120m2.
Positioned privately at the rear of a small complex of just three units, this beautifully presented townhouse offers a rare combination of space, flexibility, and outstanding value. Conveniently located close to the hospital, Traeger Park sporting precinct and local amenities. This property presents an excellent opportunity for both owner-occupiers and investors alike. Currently leased at $650 per week, with the tenancy in place until August 2026 and the tenant keen to extend, it offers immediate income and strong investment appeal. Estimated gross return of 7%.Upstairs, the home features two generous bedrooms, a well-appointed kitchen complete with gas cooking and dishwasher, and a light-filled open plan living and dining area that flows seamlessly onto the balcony - the perfect spot to relax and take in the outlook.Downstairs provides exceptional versatility, offering a large third bedroom, studio or second living area with its own separate entry, bathroom and laundry facilities. Whether you're accommodating guests, working from home, or seeking additional living space, this flexible layout caters to a variety of lifestyles.Outside, the low-maintenance yard is complemented by a spacious entertaining patio, while parking is well catered for with a double carport and an additional designated parking space.Property Highlights:Two bedrooms upstairs plus versatile third bedroom/studio downstairsOpen plan living with balcony and stunning range viewsWell-appointed kitchen with gas cooktop and dishwasherSeparate downstairs living area with bathroom and laundryBalcony and downstairs outdoor entertaining areaDouble carport plus additional parking spaceOnly three units in the complexNo body corporate feesCurrently rented for $650 per weekCouncil rates: $1,991.46 per annumOffering privacy, practicality and an enviable location, this is a fantastic opportunity to secure a comfortable home or a high-yielding investment in a sought-after area.Call Lindsay to find out more and book an inspection.
The size of The Gap is approximately 1.6 square kilometres. There are 7 parks, covering nearly 16.5% of the total area. The population of The Gap in 2016 was 1709 people. By 2021 the population was 1945 showing a population growth of 13.8% in the area during that time. The predominant age group in The Gap is 30-39 years. Households in The Gap are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a professional occupation.In 2021, 34.30% of the homes in The Gap were owner-occupied compared with 38.00% in 2016.
The Gap has 972 properties. Over the last 5 years, Houses in The Gap have seen a 1.00% increase in median value, while Units have seen a 13.47% increase. As at 31 July 2026:
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