7/61 Gap Road, The Gap NT 0870

2-bedroom unit in The Gap | 2137m² lot with 3 car spaces | renovated 2014 | solar hot water & reverse-cycle air | Alice Springs council catchment. This unit offers a rare configuration advantage: a full 2137m² lot with three car spaces in a suburb where most units sit on small strata blocks. The 2014 refurbishment is now a decade old but the stainless steel kitchen and reverse-cycle air remain functional, and the solar hot water reduces ongoing costs. The property is best suited to an investor seeking a low-maintenance holding in a school catchment area, or a first buyer wanting a secure, fenced yard without house-sized upkeep. The primary risk is the valuation gap-current asking sits well above the $240k–$280k estimated range-and the 2014 sale at $325k suggests the market has not recovered to that peak. The lot size offers subdivision potential, but Alice Springs zoning and council appetite for infill are uncertain. An opportunity exists to negotiate below asking using the Domain midpoint as leverage. Hold this for rental income at $455/week midpoint; do not expect capital growth without a zoning change.