22 Telegraph Terrace, The Gap NT 0870

22 Telegraph Terrace, The Gap NT 0870
4 bed house | 919mยฒ lot | ducted cooling | 17% building coverage | off-market listing This property presents a rare buying opportunity in The Gap for its low building coverage of 17% on a 919mยฒ lot, leaving substantial room for future expansion or landscaping. The combination of ducted cooling, secure parking for six vehicles, a workshop, and a study makes it a strong candidate for a family needing space and flexibility. Its priority enrolment for Gillen Primary School adds practical appeal for buyers with children. The primary risk is the conflicting bedroom count and off-market status, which may indicate inconsistent marketing or a motivated seller. The absence of recent sales history and a low EER of 0.0 mean you should factor in potential energy upgrade costs. However, the price reduction to $559,000 positions it competitively against nearby comparables. Hold this property as a long-term family home or consider subdividing the generous lot for capital gain.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 22 Telegraph Terrace, The Gap NT 0870
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Market Insight:

The Gap presents as an affordable entry point into the Alice Springs region, characterised by a young, professional demographic with high household incomes. Demand is primarily driven by childless couples and owner-occupiers, with a notable recent increase in owner-occupied housing. The market exhibits solid price growth, supported by consistent sales activity, though broader regional data indicates low transaction volumes which may signal limited liquidity as a key constraint.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

919mยฒ

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