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92 Settlement Road, The Gap$1.20m
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92 Settlement Road

The Gap, QLD 4061, Australia
$1.20m
3 bed 1 bath 2 car546 m²

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About this property

A standout opportunity for buyers seeking space, flexibility and exciting future potential, this beautifully updated home is quietly positioned on a service road and set well back from the street. Move-in ready and designed for immediate enjoyment, it also comes complete with approved plans to transform the property into a substantial five-bedroom, three-bathroom residence with two separate living areas. Whether buyers choose to settle in straight away, renovate immediately or expand over time, the flexibility on offer is exceptional. Professionally repainted inside and out, the home feels fresh, light-filled and inviting, with plantation shutters throughout adding a timeless and refined aesthetic. The functional layout offers excellent separation between the living areas and private bedrooms, complemented by versatile lower-level spaces ideal for growing families, teenagers or guests. Upstairs, open-plan living and dining seamlessly connect with the renovated kitchen before flowing effortlessly out to an expansive 11m covered timber entertaining deck that truly needs to be experienced to appreciate. Overlooking the backyard and capturing leafy suburban outlooks, this impressive outdoor space creates a true extension of the home and an exceptional setting for entertaining year-round. The lower level provides excellent separation from the main living areas, featuring internal access to the garage, laundry, an existing second toilet, plumbing provisions and the opportunity to add a future second bathroom. A dedicated study nook, generous storage and a versatile layout incorporating a third bedroom and separate multipurpose living area create the ideal setup for growing families, teenagers, guests or those working from home. Key Features: • Fully approved plans to renovate into a 5 bedroom, 3 bathroom home • Positioned on a quiet service road, set back from the street • Freshly painted interior and exterior - completely move-in ready • Plantation shutters throughout for a modern, refined finish • Light-filled open plan living and dining with timber flooring • Renovated kitchen with excellent storage and functionality • 3 well-sized bedrooms with built-in storage, including a well-designed and finished walk-in robe to the primary bedroom • Versatile downstairs multipurpose room with potential for additional bedroom accommodation • 1.5 bathrooms with opportunity to expand further under approved plans • Split system air-conditioning • Expansive 11m covered timber entertaining deck designed for effortless indoor-outdoor living and year-round entertaining • Dedicated BBQ and outdoor dining zone, creating the perfect setting for relaxed family meals and entertaining with friends • Equipped with solar panels for enhanced energy efficiency • Double lock-up garage with additional workshop and storage space • Fully fenced, family-friendly 546sqm allotment Perfectly positioned within walking distance to The Gap Village Shopping Centre, local schools, parklands and public transport, this is a rare opportunity to secure a home offering immediate comfort, flexible living and significant long-term upside in one of The Gap's most convenient and family-friendly pockets. An exceptional opportunity to enjoy today while unlocking the full potential of an already impressive family home in the future. Contact Simon today to arrange an inspection - 0411 159 878 If the property is being sold without an advertised price, the website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
546 m²
Listed
1 month ago

Repayment calculator

$5,793/month
$2,897 /fortnight
Loan $956,000 at 6.10% over 30 years

Upfront costs

Deposit$239,000
Stamp duty$49,238
Conveyancing (est.)$2,000
Total upfront$290,238
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in The Gap

This 3-bedroom house in The Gap, QLD 4061 sits within reach of public transport, local shops and nearby schools. It is listed 16% below the $1.42m median of 62 comparable houseswithin 5 km.

Schools near The Gap

  • Hilder Road State Schoolprimary · Prep-6 · CoEd
  • Payne Road State Schoolprimary · Prep-6 · CoEd
  • St Peter Chanel Primary Schoolprimary · Prep-6 · CoEd
  • The Gap State Schoolprimary · Prep-6 · CoEd
  • The Gap State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Settlement Rd at Chaprowe Street, stop 37 (bus)348 m away
  • Precision Cuts673 m away
  • Chaprowe Road Park238 m away
  • Tilquin Street Park301 m away
  • David and Barbara Anderson Park359 m away

The Gap at a glance

Full suburb profile
Population
817
Median age
33
Household income
$1,987/wk
Median rent
$255/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

The Gap price trend

Median sold · House 3 bed

Compound growth +8.6% / yr over 4 yrs

$1.26mcurrent median

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Full The Gap market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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