5 Sinclair StreetGosford NSW 2250
Property Details for 5 Sinclair St, Gosford
5 Sinclair St, Gosford is a 12 bedroom, 6 bathroom Unit with 9 parking spaces. The property has a land size of 816m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Ray White Commercial - Metropolitan Sydney in conjunction with Ray White Bensville & Empire Bay are pleased to present 5 Sinclair Street, Gosford for sale by Auction.
This strategic investment property provides the future owner an opportunity to own an entire block of six (6), 2 bedroom units moments to the Gosford Train Station, Hospital and town centre.
The units each have generous floor plans, offer a strong return and are predominantly leased by long term, established tenants. Blocks of units offered in one line are a rare commodity, offering the next incumbent the opportunity to take advantage of the steady to medium term income stream while considering a longer term exit strategy including strata subdivision^ or future development potential. ^
Gosford, as the regional capital of NSW's quickly growing Central coast region is strategically located midway between the Sydney and Newcastle CBDs.
Additional highlights of the property are outlined below:
● 6 x oversized 2 bedroom units, offered in one line
● 9 lock up garages (7 garages are leased separately)
● Estimated fully leased income of approximately $126,984.00 per annum
● Potential rental uplifts on lease renewals, subject to market
● Long term tenancy profile
● Modern units, each with built ins and modern kitchens
● Individual services to each of the units (separate water, electricity, internet etc)
● Zoned R1 / FSR 1.5 : 1
● 650m* to Gosford Train Station & town centre
This unique investment opportunity is offered for sale by Auction. The Auction will be held on Tuesday, 4 May 2021. The Auction will be held at auctionWORKS, mezzanine level, 50 Margaret Street, Sydney.
^STCS
*approx
For more information, please contact the below selling agents.
Samuel Hadgelias
Director
Ray White Commercial - Metropolitan Sydney
0403 254 675
shadgelias@raywhite.com
Matthew Kidd
Selling Principal
Ray White Bensville & Empire Bay
0417 230 732
matthew.kidd@raywhite.com
Property History for 5 Sinclair St, Gosford, NSW 2250
- 23 Apr 2021Sold for $2,000,000
- 31 Mar 2021Listed for Sale Auction
- 10 Sep 2020Listed for Rent - Price not available
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About Gosford 2250
The size of Gosford is approximately 3.4 square kilometres. It has 18 parks covering nearly 31.2% of total area. The population of Gosford in 2011 was 3,391 people. By 2016 the population was 3,498 showing a population growth of 3.2% in the area during that time. The predominant age group in Gosford is 20-29 years. Households in Gosford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gosford work in a professional occupation. In 2011, 29.8% of the homes in Gosford were owner-occupied compared with 26.9% in 2016.
Gosford has 4,543 properties.
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