SOLD
Sold on 10 Oct 2023 for $1,210,000

40 Gap Road
The Gap NT 0870

Bedrooms: 1
Bathrooms: 2
Car spaces: 12
Floor area: 108m2
Land area: 969m2
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Property Details for 40 Gap Rd, The Gap

40 Gap Rd, The Gap is a 1 bedroom, 2 bathroom House with 12 parking spaces. The property has a land size of 969m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom House sold in The Gap in the last 12 months.

Building Type
House
Floor Size
108m2
Land Size
969m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 1352/A 000165

Last Listing description (August 2022)

A rare chance to acquire an affordable commercial opportunity with multiple options.

Previously a Training & Martial Arts Centre & The Framing Place.


Situated on Alice Springs original southern arterial access with service road access to enable excellent parking and accessability to maximise the full potential of the Tourism Commercial Zoning.

The choice for the future is in your hands.

There are two main buildings with dual access to full height.

Disabled facilities, split system airconditioners, kitchenette, multiple & versatile spaces for a myriad of uses.

Very well maintained with substantial solar power.

All external surfaces are fully sealed.

Surrounded by both new development and existing establishments including:

The ABC, Hospital, medical services including Congress, major sporting facilities, Acquatic Centre, Motels and multiple medium to high density accommodation.

Move in and get down to business.

Call Ianne to inspect 0407 864 656

Zoning: Tourism Commercial

Land Area: 980 sq metres

Council Rates: $5170.93

Property History for 40 Gap Rd, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$1,210,000
10 Oct 2023
  • 10 Oct 2023
    Sold for $1,210,000
  • 29 Jul 2021
    Sold for $880,000
  • 15 Jun 2020
    Listed for Sale $850,000
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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 969 properties. Over the last 5 years, Houses in The Gap have seen a 7.11% increase in median value, while Units have seen a 7.26% increase. As at 31 July 2024:

  • The median value for Houses in The Gap is $424,025 while the median value for Units is $284,323.
  • Houses have a median rent of $470 while Units have a median rent of $400.
There are currently 9 properties listed for sale, and 6 properties listed for rent in The gap on OnTheHouse. According to CoreLogic's data, 44 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.