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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Gosford NSW 2250
New Listings (last 30 days)
46
Average price
$1,213,323
Lowest price
$500,000
Highest price
$5,000,000
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60 Carlton Road, HOLGATE NSW 2250
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24 Kendall Street, Gosford NSW 2250

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Search Band
$1M - $1.1M Medium Confidence Calculated based on our search observations.
House 4 beds 2 baths 1 car 763 m²
Listed: 54 days ago
Updated: 15 days ago
Overview

Resting on a substantial 763 sqm parcel just on the edge of Gosford’s central business district, this unique property is a compelling prospect for investors, builders, and developers seeking both immediate income and future growth potential.

The existing structure accommodates dual tenancies currently generating a holding income of $730 per week, presenting a sound financial foundation while exploring options to enhance or redevelop the site.

Flexibility is a standout feature, with R1 General Residential zoning that permits a variety of residential uses such as an upscale dual-occupancy project, luxury townhouses or units, or a spacious family residence, all subject to council approval. The zoning parameters include a potential 1.5:1 floor space ratio and a 12-meter building height, which offers scope for a boutique apartment block or taller development through collaboration with adjacent properties.

Location advantages significantly enhance the appeal, with the site situated just a short 350-meter walk to Gosford train station and 500 meters from Gosford Hospital, providing convenient access to transport and essential services. This proximity to key infrastructure and anticipated urban revitalisation initiatives positions the property well within a burgeoning growth corridor.

  • Prime central location ensuring accessibility and lifestyle convenience
  • Substantial land size offering diverse development possibilities
  • Existing income stream mitigating holding costs
  • Zoning provisions conducive to a range of residential developments
  • Benefiting from the ongoing transformation and investment in the Gosford precinct

This property offers versatility for investors seeking to capitalise on capital growth, developers looking for a substantial development canvas, or owner-occupiers interested in an adaptable site close to urban amenities. It represents an opportunity to participate in Gosford’s evolving landscape with a residence or project that can be tailored to meet contemporary lifestyle and investment objectives.

Local Market Insights

In Gosford, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,213,323. The property type mix of listed properties is predominantly Houses at 66%, followed by apartments (11%), and units (6%). The most active agency for houses in the Gosford area is currently McGrath Estate Agents, representing 37% of new listings, followed by George Brand Real Estate with 26%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.