FOR SALE
$275,000

5/63 Gap Road
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 163m2
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RENOVATED UNIT!!!

This unit is perfect for the first home buyer or an astute investor.
Located close to the C.B.D, hospital, sporting facilities, The Gapview Hotel and convenience stores.
The unit is double brick, has a dedicated carport and a good sized rear courtyard with a garden shed.
As you enter into the open plan living/dining/kitchen area you will be delighted with the tasteful tiling underfoot.
The kitchen has been renovated and features electric cooking, pantry and ample bench and storage.
Down the hallway you will find 2 bedrooms of good size with built in robes that are serviced by a renovated bathroom. The bedrooms have split-systems and ceiling fans for climate control. There are also security screens on the windows.
The laundry is also been renovated with great storage and access to the rear yard.
Currently rented out at $400 per week which is a return of 7%. Lease is in place til October 2024.
This unit is solid and neat as a pin, to book a viewing please phone Gloria on 0459 932 370.

Property Details for 5/63 Gap Rd, The Gap

5/63 Gap Rd, The Gap is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 163m2. The place is currently for sale with Alice Springs Realty.

Building Type
Unit
Land Size
163m2

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About The Gap 0870

The size of The Gap is approximately 1.6 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of The Gap in 2011 was 1,692 people. By 2016 the population was 1,716 showing a population growth of 1.4% in the area during that time. The predominant age group in The Gap is 30-39 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 2011, 39.2% of the homes in The Gap were owner-occupied compared with 38% in 2016.

The Gap has 952 properties. Over the last 5 years, Houses in The Gap have seen a 7.55% increase in median value, while Units have seen a -3.61% decrease. As at 31 October 2024:

  • The median value for Houses in The Gap is $414,456 while the median value for Units is $263,225.
  • Houses have a median rent of $490 while Units have a median rent of $430.
There are currently 8 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in The gap.

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Gloria Wright
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Toni Rowan
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Alice Springs Realty
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