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Overview
28 Payne Road in The Gap offers a rare blend of both a beautifully renovated home and an exceptional land opportunity, set on approximately 1,312 square metres. This property provides a lifestyle of space and privacy increasingly scarce within this sought-after suburb.
The residence itself features thoughtful updates, including polished timber floors, air conditioning, and a quality kitchen fitted with stone benchtops and premium appliances. Living spaces flow organically onto a large covered entertaining deck, promoting seamless indoor-outdoor living and easy access to the generous backyard.
The expansive yard accommodates children, pets, and the potential addition of a pool or further enhancements. Uniquely, this property backs directly onto parkland, affording tranquil leafy views and direct access to open green space, a notable advantage for those valuing nature and outdoor lifestyle.
The location is convenient, with excellent school options nearby, including Payne Road State School and The Gap State High School, as well as proximity to The Gap Village amenities such as supermarkets, cafés, and medical services. Additionally, local parks, walking and cycling tracks, and bus services contribute to the area's appeal, all less than 8 kilometres from Brisbane CBD.
Beyond the immediate home, the substantial land parcel presents development potential, with possibilities for subdivision into lots of about 300 square metres each, subject to council approval. Opportunities extend further with the adjoining property at 30 Payne Road also available, enabling acquisition of over 2,600 square metres combined with extensive frontage onto parkland, creating a significant holding for future development or investment.
For owner-occupiers and investors alike, this property provides a balance of comfortable living today and promising possibilities for tomorrow, anchored by its rare combination of land size, parkland adjacency, and quality renovations in a tightly held suburb.
Local Market Insights
In The Gap, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $1,736,944. The property type mix of listed properties is predominantly Houses at 91%, followed by land (5%), and townhouses (5%). The most active agency for houses in the The Gap area is currently Harcourts, representing 33% of new listings, followed by Belle Property with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.