OFF MARKET

40/50 South Terrace
The Gap NT 0870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 158m2
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Property Details for 40/50 South Tce, The Gap

40/50 South Tce, The Gap is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1980. The property has a land size of 158m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Townhouse
Year Built
1980
Floor Size
83m2
Land Size
158m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 3786/A 000649

Last Listing description (December 2021)

Feel safe and relaxed in this highly secured townhouse. Enjoy the lovely spacious feel of this two storey open plan living, with split system air-conditioning throughout, for all year round comfort.

Love cooking? ... create endless dishes with our gas hotplate and electric oven whilst enjoying a pleasant view of the tranquil private courtyard. This features a raised garden and a built-in seating area.

Upstairs you will find two spacious carpeted bedrooms. The master bedroom with walk in robe has access via a sliding glass door to its own private balcony, which overlooks the treetops through to the Ranges. The second bedroom boasts built in robes and study area.

The bright bathroom includes a shower, vanity and toilet. A second toilet is located downstairs for that added convenience.

Take time to relax and entertain with guests or just enjoy the peace and quiet in the safe surrounds of this gated complex, close to town, with private undercover parking.

This unit is located in such a way that it seems to have the convenience of its undercover carpark right next to gate accessing the private courtyard yet nestled in with brick fencing providing front yard privacy. On top of that there is also a bbq area at its doorstep.

Great for an investment or own your own home. This property must be seen to be appreciated. Call Marion now for your private inspection. You won't be disappointed.

By appointment only!

Lot No: 3786 Area Under Title: 158m2 Leased to: 23 July 2021 @ $440 per week Body Corp: $930.45 per Council Rates: $1697.72 pa

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Property History for 40/50 South Tce, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$290,000
13 Aug 2021
Listed for Rent
$440/w
10 Jan 2020
  • 13 Aug 2021
    Sold for $290,000
  • 21 Feb 2021
    Listed for Sale $299,000
  • 09 Dec 2019
    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, 41 properties were sold in the past 12 months in The gap.

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