OFF MARKET

25 Willshire Street
The Gap NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1874m2
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Property Details for 25 Willshire St, The Gap

Building Type
Commercial
Land Size
1874m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 1725/A 000214

Last Listing description (April 2016)

Ever wanted to operate your own bar, a hostel, short term accommodation or a commercial kitchen? Well now is the time to grab the bull by the horns, get your hands dirty and make some money.
Located in the heart of the Alice Springs, with solid tourism numbers and plenty of work opportunities, the freehold premises at 25 Willshire Street presents endless possibilities. Let your imagination and determination be the driving force behind your new adventure.
Among the many features of this establishment are:

Capacity to house up to 160 guests with ensuite room?s, bunk rooms plus self-contained accommodation
Commercial kitchen, secondary communal kitchen for accommodation
Bar area, beer garden, communal garden, swimming pool
Guest and large commercial laundry
Modern, funky colours and d cor
Liquor license available (subject to approval)
These premises are well known within the Alice Springs community, having been a hive of social activity for young and old alike. Wouldn?t it be marvellous to see such an icon brought back to it?s former glory?

Property History for 25 Willshire St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$380,000
02 Mar 1999
Listed for Rent
$3.83k/w
01 Oct 2015
  • 03 Sep 2015
    Listed for Sale Priced to Sell $1,200,000
  • 13 May 2015
    Listed for Sale Not Disclosed
  • 13 May 2015
    Listed for Rent - Price not available
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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.

Suburb Insights for The Gap 0870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.