110 Memorial Avenue, Gillen NT 0870

4-bed family house with pool | 940m² fully fenced block | dual living zones plus study | secure auto-gate and enclosed carport This property occupies a rare intersection of space and configuration. The 337m² build on a 940m² lot with a separate study, dual living zones, and a main bedroom ensuite with easy-access shower positions it as a strong option for families needing both separation and flexibility. The inground pool, secure auto-gate, and enclosed carport with auto door reduce the post-purchase spend on lifestyle and security upgrades, which is uncommon at this price point in Alice Springs. It serves best a buyer who wants a ready-to-occupy family home with low ongoing fit-out costs and a rental yield above 6% if held. The primary risk is the lack of comparable sales and ownership history, meaning the buyer carries more uncertainty on exit timing and price floor. The suburb’s -10.6% growth trend works against short-term capital gain, so this is a hold property, not a flip. On the opportunity side, the 36% site coverage leaves room for future subdivision or a granny flat, subject to council approval. Solar panels, NBN, and evaporative cooling lower holding costs. Buy this to live in or rent out for yield, not for speculative appreciation.