SOLD
Sold on 24 Nov 2023 for $220,000

38/50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 156m2
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Property Details for 38/50 South Tce, The Gap

38/50 South Tce, The Gap is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1976. The property has a land size of 156m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Townhouse sold in The Gap in the last 12 months.

Building Type
Townhouse
Year Built
1976
Floor Size
96m2
Land Size
156m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/A 000649

Last Listing description (December 2023)

Positioned in an attractive and popular gated complex designed for your safety and convenience, this 2-bedroom, 1-bathroom townhouse is priced to sell.

Of solid brick construction, this two-storey townhouse is ready for some love and attention and screams potential!

Upstairs, you will find two good-sized bedrooms with the bathroom situated between. The second bedroom has built-in robes whilst the main bedroom has a walk-in robe plus its own private balcony with lovely views over the river and ranges, the perfect place to relax and soak up the views and fresh air.

Downstairs is an open living design with a kitchen and ample space to relax in the lounge room at the front of the townhouse. Under the stairs is a generous storage space whilst off the kitchen there is a tidy laundry and a convenient extra toilet before you are led outside to a neat and private courtyard, a great place to unwind with a BBQ.

Just off the courtyard is your own covered carport as well as space for your visitors to park.

This property is priced to sell and ready for someone to build its value and make it shine.

It will not last long at this price.

Call now to arrange a viewing before it snapped up.

Council Rates: $1,949.05 p.a.
Currently not rented

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Property History for 38/50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$220,000
24 Nov 2023
  • 24 Nov 2023
    Sold for $220,000
  • 12 Apr 2023
    Listed for Sale Offers over $240,000
  • 10 Mar 1999
    Sold for $112,000

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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 953 properties. Over the last 5 years, Houses in The Gap have seen a -3.28% decrease in median value, while Units have seen a -13.72% decrease. As at 30 September 2024:

  • The median value for Houses in The Gap is $419,251 while the median value for Units is $261,809.
  • Houses have a median rent of $485 while Units have a median rent of $430.
There are currently 6 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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LJ Hooker Alice Springs
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