3/22-24 Sinclair Street, Gosford NSW 2250

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3/22-24 Sinclair Street, Gosford NSW 2250

$480,000 ~ $520,000

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$480k - $504k Transparent Transparent Listing Based on an openly advertised listing price.

Villa 2 Beds 1 Bath 2 Cars

Listed: 4 days ago

Updated: 2 hours ago

Overview

This solidly built two-bedroom villa presents a compelling opportunity for renovators, first home buyers, or investors looking to add value through a considered renovation.

Its brick construction forms a sturdy foundation, promising durability and the chance to enhance the property to modern standards according to your own vision. Situated directly opposite Gosford Hospital and within a short walk to the train station, the location offers exceptional convenience for healthcare professionals, commuters, or those seeking an accessible urban lifestyle.

The villa features two generously sized bedrooms, including a main bedroom fitted with built-in wardrobes, which offers practical storage solutions. This layout supports comfortable living with options for singles, couples, or small families.

Strata-approved funds have been allocated for a bathroom upgrade, a valuable benefit that reduces the upfront cost and effort for improvements in this essential area. This, combined with the low-maintenance nature of the villa, makes it a sensible investment to improve rental appeal or personal enjoyment.

The financials reinforce the potential: current rent is approximately $450 per week with scope to increase to $600 post-renovation. Quarterly strata levies are reasonable at $1098.76 for a complex of eight units built in 1976, complemented by council and water rates reflective of the established community.

Overall, the property’s prime position and solid construction provide a platform for value growth in a well-connected location – ideal for those ready to capitalize on a well-located home or investment with scope for personalization.

Local Market Insights

In Gosford, Quiet Listings observed 7 new villas entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $649,286. The property type mix of listed properties is predominantly Houses at 43%, followed by apartments (19%), and commercial properties (15%). The most active agency for villas in the Gosford area is currently Domain Property Group, representing 43% of new listings, followed by McGrath Estate Agents with 29%. 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.