689 Waterworks RoadThe Gap QLD 4061
Property Details for 689 Waterworks Rd, The Gap
689 Waterworks Rd, The Gap is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 1037m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (May 2023)
Small and easy to do inner-city development sites are nearly impossible to come by, but this one’s a ripper. Sitting on a level corner block, all the hard work has been done with a development approval in place to subdivide into two good size and easy to build blocks – perfect for the unbeatable value for money project home.
Situated in a family friendly locale close to parks and sought after schools, this run-down Queenslander on a whopping big 1037m2 has approval to subdivide into 2 x lots (448m2 & 589m2). Sure to excite those looking for their next deal, it is the perfect city fringe project that centre's around a leafy green location and a quick fast buck.
You'll love the endearing charm and charisma of the existing 1930’s broad gabled Queenslander. Brimming with all those period features that make these properties so very popular, the home enjoys big rooms, high ceilings, two good size bedrooms plus sleepout and a traditional archway to separate the lounge and dining. With a myriad of options, there is scope to renovate the existing house or remove it from the block.
Set on a near level corner block with two street frontages, make the most of this large parcel of land just 7km from the Brisbane CBD. With a development approval in place, turn one block into two and turn soil straight away.
For more information or to request the survey plan and BCC development approval conditions, contact Peter D’Arcy on 0412 738 009.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 689 Waterworks Rd, The Gap, QLD 4061
- 11 Nov 2021Listed for Rent $400 / week
- 26 Mar 2021Sold for $905,000
- 17 Sep 2020Listed for Sale For Sale
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0About The Gap 4061
The size of The Gap is approximately 12.6 square kilometres. There are 31 parks, covering nearly 10.8% of the total area. The population of The Gap in 2016 was 16692 people. By 2021 the population was 17318 showing a population growth of 3.8% in the area during that time. The predominant age group in The Gap is 10-19 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 2021, 83.60% of the homes in The Gap were owner-occupied compared with 83.00% in 2016.
The Gap has 6,806 properties. Over the last 5 years, Houses in The Gap have seen a 71.77% increase in median value, while Units have seen a 131.07% increase. As at 30 April 2026:
- The median value for Houses in The Gap is $1,469,997 while the median value for Units is $1,231,568.
- Houses have a median rent of $820 while Units have a median rent of $725.
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