Positioned on the vibrant fringe of the Gosford CBD, this outstanding 763sqm landholding presents a rare, multi-faceted opportunity for savvy investors, builders, and developers. Currently returning $730 per week across dual tenancies, the property provides immediate holding income while you finalise plans to unlock its true potential.
Boasting flexible R1 General Residential zoning, the site is ideal for an upmarket dual-occupancy development, luxury townhouses/units, or a substantial grand family residence (STCA). Capitalise on Gosford's ongoing transformation with a premium block just moments from local transport, health precincts, and lifestyle amenities.
Key Features:
- Prime Central Location: 350m to Gosford station, 500m to Gosford Hospital
- Flexible R1 Zoning: Premium General Residential zoning offering exceptional scope for residential development (STCA). Potential 1.5:1 building ratio and 12m possible height limits allows for a boutique apartment block or combine with neighbors and reach a possible 7 stories as like next door)
- Immediate Holding Income: Dual-tenancy generating $730 per week in passing rent.
- Generous Parcel: Substantial 763sqm (approx.) landholding with broad development versatility (approx. dimensions 15.24m x 50.29m)
- Capital Growth Hotspot: The Gosford precinct is benefiting from the NSW Government's Gosford City Centre revitalisation, the Gosford Hospital redevelopment, and a growing government, health and education presence drawing tenants and future residents to the CBD core. This is a high-exposure footprint in a market still early in its transformation.
Whether your strategy is build now or bank and hold, 24 Kendall Street gives you a rare combination: a genuine development canvas with the income to carry it.
For further information or to arrange an inspection, please contact, Andrew Quilkey 0421 200 330 or Jessica Warren 0483 228 944
