Located in the highly sought-after peninsula of East Gosford, sits this boutique DA approved development site that offers an elevated, corner position nearby the waterfront and centralised location, that is within close proximity to the freeway as well as the bustling Gosford and East Gosford CBD.
Offering a corner position along York and Albany street, the development potential is unrivalled, pre-approved for construction of a 5-level residential building is in place, with a configuration comprising of 13 possible apartments, broken down into a roof top 4-bedroom penthouse, 4 x 1 bedroom apartments and 8 x 2 bedroom apartments. This thoughtful layout allows for 24 secure, underground car spots, a well-considered special design throughout and excellent architectural plans in place that bring forth a vibrant lifestyle offering and contemporary appeal.
Undoubtedly attractive for commuters or investors alike, this exciting development offers a potential rental income of over $7,100 per week in an area already experiencing a soaring demand for residential occupancy that is only set to grow further.
- DA approved development site in elevated, central location
- Corner position along York and Albany street with potential water views
- Potential rental return of $7,100 per week
- Architectural and contemporary design with high efficiency finishes
- Configuration consisting of 13 apartments, those being; 1 x 4 bedroom penthouse, 4 x 1-bedroom apartments and 8 x 2 bedroom apartments
- Secure underground car parking for 24 vehicles
- Close proximity to local schools, the freeway, restaurants and shopping precincts
For sale by way of Private Treaty
For more details, please email agent