OFF MARKET

8 Kraegen Street
The Gap NT 0870

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 130m2
Land area: 889m2
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Last updated 11 Nov 2024
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Property Details for 8 Kraegen St, The Gap

8 Kraegen St, The Gap is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 889m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Year Built
1975
Floor Size
130m2
Land Size
889m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 2348/OP 001327

Last Listing description (September 2013)

Reduced To SELL!!
This three bedroom property is ideal for a young couple wanting to get into the market at a realistic price or investors wanting to grow and develop their portfolio.
Earning great returns, this three bedroom house has room for the children plus plenty of room in the large backyard for the keen gardener to put their personal touch on.

Upon entry you are welcomed with a roomy open plan living area with the warmth of an open fire place for those winter nights. The well-equipped centralised kitchen offers good bench, drawer and cupboard space. The massive 2nd living area/master bedroom has enough room for the adult's privacy or the children's play area or even cinema room.
All three bedrooms are carpeted and there is also built in robes in 2nd living/4th bedroom.
Outside the small paved entertaining area creates a peaceful setting with fantastic range view and is overlooking the backyard which is full of potential. The new owner's imagination can go wild with amount of space this backyard offers. With plenty of room to build a new patio area or even a pool or shed!
Being fully fenced, the front and rear yards offer privacy and security and is complete with a garden shed and a chook run.
Currently leased at $480p/w until 20th August 2013, with the potential to earn a 6% return on your investment.
Call Lindsay for an appointment today
Additional feature/s - Built-In Wardrobes.

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Property History for 8 Kraegen St, The Gap, NT 0870

A timeline of how this property has performed in the market
Last Sold
$360,000
17 Oct 2013
Listed for Rent
$480/w
11 Aug 2012
  • 17 Oct 2013
    Sold for $360,000
  • 13 Mar 2013
    Listed for Sale REDUCED $360,000
  • 15 Jul 2012
    Listed for Rent $480 / week
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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.

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