$2,500,000
182, 184 and 186 Gertrude Street, North Gosford NSW 2250
Other
933
Block size: 1808 m² approx.
Three R1 Zoned Parcels Adjacent to Desirable Medical Precincts
Rarely does the chance arise to secure 1,808sqm of prime R1 General Residential land with existing rental income and significant potential development upside in the heart of the sought after medical precinct of North Gosford.
Three blocks, each boasting an existing dwelling, two of which are currently tenanted and enjoying consistent returns, available to be either sold in one line or separately.
The existing owners have recently submitted a development proposal to Central Coast Council for 39 units across the three blocks, saving the incoming developer significant time, effort and expense in preparing a submission. The proposed development has taken into account the needs of the area to create an elegant and appealing concept at a price point perfectly suited to the local marketplace.
Those looking for a more passive investment will still find exceptional upside in securing one or all of the blocks for land banking purposes, enjoying comfortable rental returns while awaiting future capital growth in a rapidly growing area.
The site is ideally located almost equidistant from Gosford Hospital, North Gosford Private Hospital and Gosford CBD & train station, as well as being surrounded by a plethora of specialist medical practices and associated businesses which have proven to be a key driver of interest, demand and growth in the area.
Whether you are searching for a prime potential development site, set and forget investment properties in a growing location, or even an ideal home site close to employment opportunities and transport, we're confident you'll find what you're looking for with 182, 184 & 186 Gertrude Street, North Gosford.
"We have obtained all information from sources we believe to be reliable, however, we cannot confirm its accuracy. Prospective buyers are advised to carry out their own investigations."
In conjunction with Ray White Commercial Central Coast:
Bradley Rogers
0459 921 122
brad.rogers@raywhite.com
Three blocks, each boasting an existing dwelling, two of which are currently tenanted and enjoying consistent returns, available to be either sold in one line or separately.
The existing owners have recently submitted a development proposal to Central Coast Council for 39 units across the three blocks, saving the incoming developer significant time, effort and expense in preparing a submission. The proposed development has taken into account the needs of the area to create an elegant and appealing concept at a price point perfectly suited to the local marketplace.
Those looking for a more passive investment will still find exceptional upside in securing one or all of the blocks for land banking purposes, enjoying comfortable rental returns while awaiting future capital growth in a rapidly growing area.
The site is ideally located almost equidistant from Gosford Hospital, North Gosford Private Hospital and Gosford CBD & train station, as well as being surrounded by a plethora of specialist medical practices and associated businesses which have proven to be a key driver of interest, demand and growth in the area.
Whether you are searching for a prime potential development site, set and forget investment properties in a growing location, or even an ideal home site close to employment opportunities and transport, we're confident you'll find what you're looking for with 182, 184 & 186 Gertrude Street, North Gosford.
"We have obtained all information from sources we believe to be reliable, however, we cannot confirm its accuracy. Prospective buyers are advised to carry out their own investigations."
In conjunction with Ray White Commercial Central Coast:
Bradley Rogers
0459 921 122
brad.rogers@raywhite.com
Inspections
No open inspections scheduled.
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Contact Lachlan Macdonald to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
9
Bathrooms:
3
Garage Spaces:
3
Property type:
Other
Block Size:
1808 m²*
Other Details
Maps and area information
Block information
Block size: 1808m² (approx)
No block information available
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Property history
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SummaryMedian sales
Average Age
37 years
Population
3,986
Listing ID: 182333484. This listing has been viewed 7 times. It was first displayed on 28/02/2024 and last updated on 11/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.