25 Forrest Cres, Gillen NT 0870

4 bed, 2 bath, pool, 1,120m² | 1973 build, 258m² floor area | Gillen, Alice Springs | FTTP, no overlays This house offers rare site coverage at 23% on a large 1,120m² lot, meaning the buyer secures substantial outdoor space and future extension potential. The inground pool and multiple undercover entertaining areas create a private backyard oasis that is uncommon in this price bracket. The air-conditioned entertainment room functions as a fifth bedroom or office, adding flexibility for a family or home-based business. The property serves best a buyer seeking a turnkey family home with room to grow, or an investor targeting the steady rental demand in Gillen, where 62% of residents are under 40. The main risk is the 1973 build age, which may require near-term roof or plumbing attention despite the evaporative and split system cooling. The 6m roof height and 576m elevation are not structural advantages. The property last transacted in 2006, so any capital gains tax implications for a vendor could compress negotiation room. The opportunity lies in the 1,120m² lot: a buyer could subdivide or add a granny flat in future, though no current approvals exist. Hold this property as a long-term family home or rental, with subdivision as a medium-term value unlock.