7/12 Jarrett StreetNorth Gosford NSW 2250
Property Details for 7/12 Jarrett St, North Gosford
Last Listing description (November 2023)
Burgess Rawson is pleased to offer to the market 6 & 7/12 Jarrett Street, North Gosford NSW for sale via our Investment Portfolio Auction 165.
The property has the following investment highlights:
+ 10 & 12 year lease to 2028 plus options to 2038
+ Fixed 3% annual rent increases ensuring long term compounding rental growth
+ Net lease structure with the tenant paying all outgoings including Strata Fees, Property Management and R&Ms.
+ Lease secured by 6 month bank guarantee including outgoings
+ Secure and exclusive underground parking for 4 cars
+ Strategic medical position part of the 'Gosford Private Medical Centre' next to Gosford Private Hospital, Gosford Hospital, Central Coast Heametology, PRP Diagnostic Imaging and much more
+ Gosford: population of 178,000+ people located 75km to Sydney. Healthcare is the largest industry in the Central Coast generating $2.1 billion in 2023
+ Net Income: $113,214 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 5 December 2023
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information.
*Approx
Property History for 7/12 Jarrett St, North Gosford, NSW 2250
- 05 Dec 2023Sold for $1,520,000
- 09 Nov 2023Listed for Sale Contact Agent
- 11 Jun 2019Listed for Sale $920,000 + GST
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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 2,267 properties. Over the last 5 years, Houses in North Gosford have seen a 50.70% increase in median value, while Units have seen a 34.32% increase. As at 31 October 2024:
- The median value for Houses in North Gosford is $898,246 while the median value for Units is $601,772.
- Houses have a median rent of $600 while Units have a median rent of $550.
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