OFF MARKET

50/52 Gap Road
The Gap NT 0870

Bedrooms: 9
Bathrooms: 3
Car spaces: 6
Floor area: 400m2
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Property Details for 50/52 Gap Rd, The Gap

50/52 Gap Rd, The Gap is a 9 bedroom, 3 bathroom House with 6 parking spaces. The property has a floor size of 400m2.

Building Type
House
Floor Size
400m2
Local Government
Alice Springs

Last Listing description (January 2013)

PRIME DEVELOPMENT SITE A RARE FIND
48,50 AND 52 GAP ROAD IS IDEALLY LOCATED ON THE SOUTHERN ARTERIAL ACCESS TO ALICE SPRINGS CBD ENJOYING CLOSE PROXIMITY TO THE HOSPITAL,TOURIST ACCOMMODATION, MEDICAL CLINICS AND TRAEGAR PARK AND SURROUNDING SPORTING FACILITIES. THE THREE ALLOTMENTS ALL HAVE TC(TOURISM COMMERCIAL)ZONING WHICH PERMITS ALL OF THESE USES TO MAXIMISE THE DEVELOPMENT POTENTIAL HERE. CURRENT RETURN ON INVESTMENT EXCEEDS THE NATIONAL AVERAGE. FOR FULL DETAILS PLEASE CALL IANNE HAYNES ON 0407 864 656

Property History for 50/52 Gap Rd, The Gap, NT 0870

A timeline of how this property has performed in the market
  • 31 Jan 2013
    Listed for Sale EXPRESSIONS OF INTEREST

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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, 40 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.