56 Standley Cres, Gillen NT 0870

3 bed, 2 bath, 2 car | 917-931m² block | Alice Springs | long-held, unrenovated | dual living zones This house sits on a substantial 917-931m² block in Gillen, a suburb where land size is the primary scarcity. The floor area of 144-279m², with only 30% building coverage, means the property offers genuine expansion or subdivision potential, not just interior space. The dual living areas with an open fireplace and ducted heating and cooling give it year-round functionality in Alice Springs climate, and the master suite with walk-in robe and ensuite is a rare configuration for a property in this price bracket. It suits a buyer who values land depth over cosmetic finish, or an investor targeting the $715pw rental range with room to add value through renovation. The property’s last sale in 2013 and unchanged condition present both risk and opportunity. The buyer assumes deferred maintenance on a decade-old interior, particularly the kitchen and bathrooms, which will require capital outlay to achieve top-of-market rent or resale. However, the absence of bushfire, flood, or heritage overlays removes planning friction, and the NBN Fibre to the Node is adequate for remote work. The double carport and garage/workshop add practical utility. This is a hold-and-improve proposition: buy for the land, renovate selectively for equity, and rent or occupy with a 5-7 year horizon.