Over a hectare of land at the Northern Gateway to Gosford City Centre
Ray White Commercial and Ray White Projects & Developments are pleased to present 76-78 Hills Street, 393-397 Mann Street, 372-374 Mann Street, and 35-37 Dwyer Street, North Gosford for sale via Auction.
Elevated within the hills of North Gosford (the Eastern site is the highest point of the City Centre with CBD and water views), this rare residential development site with northerly aspect is located at the gateway to Gosford City, and represents a rare opportunity to secure nine lots across two large parcels of raw land suitable for high density residential development (STCA).
The site is conveniently located within a key development hub at the termination of the City Centre, and is less than 1km* from Gosford Station. Within the immediate vicinity, several residential developments are currently underway, with the area having been identified as a low-density residential area primed for redevelopment to accommodate the growing population of the Central Coast. The site benefits from level access to both Gosford and Wyoming Shopping centres.
Surrounded by well-regarded community infrastructure including schools, hospitals, sports facilities, ovals and parks, North Gosford also possesses excellent public transport services and road network connectivity, with direct access to Sydney to the South, and Newcastle to the North.
Proximity to local amenities:
• Gosford Private Hospital - 500m*
• Gosford Hospital - 600m*
• Gosford Hospital - Newcastle University Medical School - 600m*
• Gosford Station - 1km*
• Central Coast Stadium - 1.5km*
• Gosford High School - 450m*
• Gosford CBD - 1km*
• Gosford Golf Club - 650m*
• Erina Fair - 5.2km*
• Terrigal Beach - 10km*
With a site area of approximately 10,470.4 sqm* (excluding area nominated for future road widening), the land is zoned B4 - Mixed Use, and R1 - General Residential, with three applicable Floor Space Ratios, 2.25:1, 2.75:1, and 4:1, and two applicable building height limits, 18m and 36m. The site is currently occupied by seven residential houses and two commercial tenancies. Eight of the nine lots are currently income producing, with total gross rental income of approx. $143,333 p.a.*
Features of the property:
• Approx. 10,470.4sqm* of land
• B4 - Mixed Use zoning with a 2.75:1 FSR and 18m height limit
• B4 - Mixed Use zoning with a 4:1 FSR and 36m height limit
• R1 - General Residential zoning with a 2.25:1 FSR and 18m height limit
• Highly convenient location 1km from Gosford Station, at the gateway to the City Centre
The site is being sold via Auction, to be held on Tuesday 31st May 2022 at 10:30am.
*all figures are approximate
Should you wish to discuss this site further, please do not hesitate to contact us on the details provided below:
SCOTT STEPHENS
Director
Ray White Commercial Sydney North
M: 0409 960 006
Ph: 02 9969 1500
E: scott.stephens@raywhite.com
TIM ABBOTT
Director
Ray White Projects Lower North Shore
M: 0425 285 833
Ph: 02 9969 1500
E: tim.abbott@raywhite.com
DAVID TOCKAR
Site Sales Executive
Ray White Lower North Shore
M: 0402 021 638
Ph: 02 9969 1500
E: david.tockar@raywhite.com
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