Unmissable Opportunity in Gosford's Revitalised Heart
Grab a rare and exceptional opportunity to snap up a prime development site in the rapidly transforming Gosford City Centre. This cracker corner position property, boasting an expansive 1241 sqm, is strategically located to capitalise on Gosford's significant growth trajectory and ambitious revitalisation plans. With its B4 Mixed Use zoning, this site presents a multitude of development options, promising substantial returns for astute investors and developers.
Key Property Highlights:
• Generous Land Size: A substantial 1241 sqm parcel, offering ample space for a landmark development.
• Prominent Corner Position: Dual street frontages of 45m to Beane Street and 28m to Hills Street ensure maximum visibility and accessibility, enhancing design flexibility and future tenant appeal.
• Flexible B4 Mixed Use Zoning: This highly sought-after zoning permits a diverse range of uses including Boarding Houses, Commercial Premises, Residential, and Hotel or Motel Accommodation. This flexibility allows for a tailored development approach to meet market demands and maximise profitability.(STCA)
• Exceptional Development Potential: Current zoning benefit from an impressive floor space ratio (FSR) of 5:1, (STCA) enabling the construction of a significant multi-storey development.
Strategic Location: Enjoy unparalleled proximity to essential amenities and transport hubs:
Gosford Station: Just 600m away, providing seamless connectivity for residents and businesses.
Gosford Hospital: A mere 700m, ensuring convenience for medical professionals and patients.
Gosford University: Also 700m, attracting a vibrant student and academic population.
Immediate Income Stream: The property currently operates as a health and medical centre, providing a valuable holding income during the development application and planning phases.
Flexible Settlement Terms: A long settlement option is available, offering developers crucial time for due diligence, planning, and securing necessary approvals.
Gosford is undergoing an unprecedented transformation, emerging as a key economic and residential hub on the Central Coast, with the city consistently identified as a property hotspot. The Gosford City Centre Revitalisation plan is actively shaping a vibrant, connected, and prosperous future, making this the opportune moment to invest in its burgeoning landscape.
This is more than just a development site; it's an invitation to shape Gosford's skyline and contribute to its exciting future. Whether your vision is for a modern residential complex, a bustling commercial hub, a state-of-the-art medical facility, or a vibrant hotel, this property provides the canvas for your ambition.
Don't miss this chance to secure a foothold in one of NSW's most promising growth corridors.
For Sale by Public Auction.
Auction Room - Mezzanine Level
50 Margaret Street, Sydney NSW 2000
Contact Micheal Green for further details and to register your interest.
