Back 1 & 2/27 George Street
Off Market

1 & 2/27 George Street

The Gap QLD 4825

4
2
4
809 m²
Unit
Last sold for $309,777
Kieran TullyKieran Tully, last sold this property on 11 April 2026 after 54 days on market.

Overview

Exceptional Dual-Unit Investment Opportunity – 27 George Street, The Gap QLD

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. Don’t miss this opportunity—contact City & Country Realty today! Kieran Tully 0416 177 001or Rachael Wilson 0467 076 756 Property Code: 5744

Features

4 bedrooms
2 bathrooms
4 carspaces
4 carport spaces
809 m² lot size
Unit

Estimated Value

We need at least 3 similar 4 bedroom units sold in The Gap over the last 12 months.

Property history for 1 & 2/27 George Street

2026
Sold
$309,777
11 Apr 2026 by Kieran Tully, of City and Country Realty

Happy sellers in The Gap

80%
80% of sellers in The Gap reported that their sale price either exceeded or met their price expectations.

The Gap stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in The Gap over the last 12 months.

Local market activity for 4 bedroom units in The Gap

In the last 12 months, 1 four-bedroom unit similar to 1 & 2/27 George Street, have been sold.

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