SOLD
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Sold on 05 Nov 2024 for $1,075,000

222 Henry Parry Drive
North Gosford NSW 2250

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 885m2
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Property Details for 222 Henry Parry Dr, North Gosford

222 Henry Parry Dr, North Gosford is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 885m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in North Gosford in the last 12 months.

Building Type
House
Land Size
885m2

Last Listing description (November 2024)

Situated on the high side of the road and directly opposite the North Gosford Private Hospital, this DA-approved development site offers two exciting options:

41 Unit Boarding House
23 Unit Boarding House

Property Highlights:
Land Size: 885m²
Estimated Rental Income: $350 per unit per week
41 Units: Potential gross income of $746,200 per annum
23 Units: Potential gross income of $418,600 per annum
High Demand Area: Located opposite North Gosford Private Hospital

Current Rental Return
Unit 1 $385 Per Week
Unit 2 $385 Per Week

Proximity to Amenities:
Gosford Train Station: Approximately 1.5 km
Gosford Hospital: Approximately 2 km
Gosford Waterfront: Approximately 2.5 km

Development Potential:
This site is perfect for investors looking to capitalize on the booming rental market in North Gosford. The proximity to major medical facilities and transport links ensures high demand and strong rental returns.

Also, here is an excellent video of the next door, a 40 Bed…similar finished product on:

https://drive.google.com/file/d/1FOia9sfJawC3usfl_mhFCJKPQRr8aZIy/view

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations!

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Property History for 222 Henry Parry Dr, North Gosford, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$1,075,000
05 Nov 2024
  • 29 Oct 2024
    Sold for $1,075,000
  • 02 Jul 2024
    Listed for Sale $1,075,000
  • 06 Sep 2021
    Sold for $1,300,000
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About North Gosford 2250

The size of North Gosford is approximately 1.9 square kilometres. It has 8 parks covering nearly 31.1% of total area. The population of North Gosford in 2011 was 3,500 people. By 2016 the population was 3,696 showing a population growth of 5.6% in the area during that time. The predominant age group in North Gosford is 50-59 years. Households in North Gosford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Gosford work in a professional occupation. In 2011, 54.5% of the homes in North Gosford were owner-occupied compared with 51% in 2016.

North Gosford has 2,285 properties. Over the last 5 years, Houses in North Gosford have seen a 51.59% increase in median value, while Units have seen a 31.30% increase. As at 30 November 2024:

  • The median value for Houses in North Gosford is $901,661 while the median value for Units is $591,045.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 4 properties listed for rent in North gosford on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in North gosford.

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