48 Gap RoadThe Gap NT 0870
Property Details for 48 Gap Rd, The Gap
48 Gap Rd, The Gap is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 974m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2024)
48 Gap Road represents an excellent opportunity for an entrepreneur looking to acquire a well located property fronting Gap Road, suitable for redevelopment or refurbishment.
The property occupies 980 Square metres of land zoned TC (Tourist Commercial) being suited to a number of commercial uses including a community centre, child care centre, medical clinic, multiple dwellings, offices and others subject to approval by the town planning authority.
The property has existing improvements which could quite easily be utilised for a number of these uses although requiring minor refurbishment. The improvements consist of a three bedroom residence together with a large lock-up garage on the rear of the property and a separate storage shed. The dwelling is serviced with split system reverse cycle air conditioners.
The property is very reasonably priced at $385,000 and vacant possession is available immediately.
Property History for 48 Gap Rd, The Gap, NT 0870
- 16 May 2023Listed for Sale Sold
- 10 Jun 2022Sold for $415,000
- 14 Jan 2022Listed for Sale $415,000
Recent sales nearby
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0About The Gap 0870
The size of The Gap is approximately 1.6 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of The Gap in 2016 was 1709 people. By 2021 the population was 1945 showing a population growth of 13.8% in the area during that time. The predominant age group in The Gap is 30-39 years. Households in The Gap are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in The Gap work in a professional occupation.In 2021, 34.30% of the homes in The Gap were owner-occupied compared with 38.00% in 2016.
The Gap has 970 properties. Over the last 5 years, Houses in The Gap have seen a 9.79% increase in median value, while Units have seen a 15.67% increase. As at 30 November 2025:
- The median value for Houses in The Gap is $433,104 while the median value for Units is $305,394.
- Houses have a median rent of $495 while Units have a median rent of $410.
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