988 Waterworks RoadThe Gap QLD 4061
Property Details for 988 Waterworks Rd, The Gap
Last Listing description (November 2018)
Rare retail investment seamlessly adjoins Coles/Aldi anchored 'The Gap Village' Shopping Centre
Neighbours Commonwealth Bank, McDonald s, Liquorland, Subway, Bank of QLD, medical centre & others
Prime main road position 10 km from Brisbane CBD
Fixed annual rent increases
Substantial 1,002 sqm site
Tenants comprise: Cafe Tara just renewed 6 year lease plus options to 2029, Complete Smile established dental practice leased to July 2024, Ray White Real Estate leased to 2023 plus options to 2028
Net Income: $181,009 pa + GST (Including Land Tax)
Auction: Tues 11 September 2018 at 11am AEST
Venue: Doltone House Hyde Park, 181 Elizabeth Street, Sydney
Property History for 988 Waterworks Rd, The Gap, QLD 4061
- 11 Sep 2018Sold for $2,840,000
- 09 Aug 2018Listed for Sale Auction 11/09/18
- 15 Apr 2016Listed for Rent - Price not available
Recent sales nearby
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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 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 6,801 properties. Over the last 5 years, Houses in The Gap have seen a 88.73% increase in median value, while Units have seen a 116.61% increase. As at 31 January 2026:
- The median value for Houses in The Gap is $1,445,309 while the median value for Units is $1,112,896.
- Houses have a median rent of $800 while Units have a median rent of $700.
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