29 Memorial Avenue, Gillen NT 0870

3 bed family house | 891sqm Gillen block | three car spaces | established Alice Springs suburb This property presents a rare configuration advantage in Gillen’s active market, where the combination of three bedrooms, two bathrooms, and three dedicated car spaces on an 891sqm lot gives buyers genuine positional leverage. The land size alone offers subdivision potential or future extension headroom that smaller blocks nearby cannot match, and the single-story layout suits downsizers or families seeking accessible living without stairs. It serves buyers who value practical space over cosmetic perfection, and who understand that in a market with 29–31 active listings, a house with this land-to-structure ratio holds stronger resale logic than nearby two-bedroom comparables. The primary risk is that the 2021 sale price remains undisclosed, making it impossible to gauge vendor cost base or negotiate with full transparency. Combined with no available data on renovations, zoning restrictions, or interior condition, buyers must budget for potential capital expenditure beyond the $495,000 asking price. The 2013 sale at $450,000 suggests moderate long-term appreciation, but without recent comparable sales on Memorial Avenue, pricing feels aspirational. The opportunity lies in leveraging the land component-hold for subdivision or development if zoning permits, otherwise use the three-car parking as a rental differentiator in a market where off-street parking is scarce.