SOLD
Sold on 08 Jul 2024 for $360,000

13 Telegraph Terrace
The Gap NT 0870

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 888m2
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Sold By
Nutrien Harcourts Alice Springs
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Property Details for 13 Telegraph Tce, The Gap

13 Telegraph Tce, The Gap is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 888m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in The Gap in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
105m2
Land Size
888m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 1689/A 000214

Last Listing description (July 2024)

Unlock the potential of this unique development opportunity in a prime location, close to both the hospital and the CBD. Spanning 873m2, this property presents an unparalleled chance to capitalise on the current approved plans, valid until September 2024.

The existing 3 Bedroom 1 Bathroom house is liveable but could do with some renovations to bring it up to date.

This property comes with ready-to-go, council-approved plans for an exciting project of 4 units, each designed with 2 bedrooms and 2 bathrooms, blending comfort with convenience.

Zoned for Medium Residential (MR), this site is not only poised for a significant investment return but also offers the promise of creating a sought-after living space in an area known for its access to key urban amenities.

Don't miss this rare opportunity to build and own a modern unit complex that is situated close to the Alice Springs Hospital and CBD.

Whether you're an investor looking to expand your portfolio or a developer eager to make a mark on the local housing landscape, this property offers the foundation for a profitable venture. Dive into a project with the groundwork already laid out for you and transform this space into a coveted residential ensemble.
Contact us now to explore this exceptional development opportunity further.

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Property History for 13 Telegraph Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$360,000
08 Jul 2024
Listed for Rent
$380/w
17 Sep 2008
  • 08 Jul 2024
    Sold for $360,000
  • 01 Mar 2024
    Listed for Sale $369,000
  • 13 May 2023
    Listed for Sale Sold
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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 970 properties. Over the last 5 years, Houses in The Gap have seen a 8.37% increase in median value, while Units have seen a -6.64% decrease. As at 30 November 2024:

  • The median value for Houses in The Gap is $398,254 while the median value for Units is $252,981.
  • Houses have a median rent of $485 while Units have a median rent of $415.
There are currently 8 properties listed for sale, and 3 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in The gap.

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