120 Priest Circuit, Gray, NT 0830 | House for sale | OnTheHouse
 
FOR SALE
$299,000

120 Priest Circuit
Gray NT 0830

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Land area: 880m2
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A Blank Canvas with Big Potential

If you've been looking for a property where you can take on a major project and create a home to suit your own plans, 120 Priest Circuit offers an opportunity to start with an existing two-storey structure on a generous 880m² block.
Following fire damage, the home has been stripped back to its frame, with the seller already undertaking substantial work to remove damaged sections and assess what remains.
Engineers have inspected the property and new plans have been drafted, with documentation available to interested buyers looking to understand the scope of the project.
Rather than purchasing an older home and working around an existing interior, this property gives the next owner the opportunity to plan the internal layout and finishes from the ground up, working with the existing structure and relevant engineering requirements.
Outside, several established improvements remain, including a large covered entertaining area with bathroom facilities and a BBQ space.
The inground concrete swimming pool is also in place, although it requires cleaning and a new lining before it can be brought back into use.
A separate shed, storeroom and side shade house provide additional utility, while the front carport and large sliding entrance gate are already established.
There is still plenty of work ahead. Further rubbish removal, general cleanup and securing the property against vandalism will be required, along with the substantial building works needed to complete the home.
For the right buyer, this is an opportunity to take an existing property with considerable groundwork already undertaken and see the project through to completion.
Located in the established Palmerston suburb of Gray, with schools, shops and everyday amenities nearby, 120 Priest Circuit offers a sizeable suburban block and a genuine renovation opportunity.
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Property Details for 120 Priest Cct, Gray

120 Priest Cct, Gray is a 3 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 880m2. The place is currently for sale with Call 2 View Real Estate .

Building Type
House
Land Size
880m2
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About Gray 0830

The size of Gray is approximately 1.5 square kilometres. There are 10 parks, covering nearly 14.7% of the total area. The population of Gray in 2016 was 3288 people. By 2021 the population was 3142 showing a population decline of 4.4% in the area during that time. The predominant age group in Gray is 0-9 years. Households in Gray are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gray work in a trades occupation.In 2021, 46.60% of the homes in Gray were owner-occupied compared with 46.40% in 2016.

Gray has 1,473 properties. Over the last 5 years, Houses in Gray have seen a 61.47% increase in median value, while Units have seen a 37.14% increase. As at 30 September 2026:

  • The median value for Houses in Gray is $599,955 while the median value for Units is $393,206.
  • Houses have a median rent of $620 while Units have a median rent of $540.
There are currently 8 properties listed for sale, and 6 properties listed for rent in Gray on OnTheHouse. According to Cotality's data, 107 properties were sold in the past 12 months in Gray.

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Troy Sheehan
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