2/27 George StreetThe Gap QLD 4825
Property Details for 2/27 George St, The Gap
2/27 George St, The Gap is a 4 bedroom, 2 bathroom Unit with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom Unit sold in The Gap in the last 12 months.
Last Listing description (April 2026)
Presenting an outstanding investment property featuring two separate 2-bedroom units on one freehold title a high-yield opportunity for savvy investors.
Both units have been thoughtfully renovated to maximise rental return, providing low-maintenance income from day one:
- One unit has been recently updated, and the second was renovated at the end of 2025, including new flooring, fresh internal paint, plus external and roof painting.
- All major maintenance and repair works have been completed, offering a true turnkey investment with no immediate capital outlay required.
Currently generating $665 per week in combined rental income, this represents an impressive ~11% return on investment based on the asking price of $309,000 an exceptional yield for the area.
The property is leased to stable, ongoing tenants who wish to remain, providing continuity of income and minimal vacancy risk.
Professionally managed by the expert team at City and Country Realty, this property delivers a genuinely hands-off, passive income stream with minimal risk.
Additional highlights include:
- Large, fully fenced backyards ideal for pets and appealing to renters
- Generous outdoor space rarely found in comparable investment properties
- Well-maintained improvements throughout for peace of mind
With all major works completed and strong rental demand in place, this is a genuine set-and-forget investment. An incoming owner can simply enjoy reliable cash flow from settlement.
This is a rare opportunity to secure a dual-income property with exceptional yield in a proven rental market.
Dont miss this opportunitycontact City & Country Realty today! Kieran Tully 0416 177 001or Rachael Wilson 0467 076 756
Property Code: 5744
Property History for 2/27 George St, The Gap, QLD 4825
- 12 Apr 2026Sold for $309,777
- 16 Feb 2026Listed for Sale UNDER CONTRACT
- 07 May 2025Listed for Rent $360 / week
Recent sales nearby
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0About The Gap 4825
The size of The Gap is approximately 0.7 square kilometres. There are 3 parks, covering nearly 21.3% of the total area. The population of The Gap in 2016 was 818 people. By 2021 the population was 817 showing a population decline of 0.1% in the area during that time. The predominant age group in The Gap is 20-29 years. Households in The Gap are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Gap work in a trades occupation.In 2021, 38.30% of the homes in The Gap were owner-occupied compared with 38.40% in 2016.
The Gap has 553 properties. Over the last 5 years, Houses in The Gap have seen a 10.01% increase in median value, while Units have seen a -28.76% decrease. As at 30 April 2026:
- The median value for Houses in The Gap is $277,014 while the median value for Units is $238,990.
- Houses have a median rent of $510 while Units have a median rent of $310.
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