SOLD
Sold on 21 Dec 2023 for $1,920,000

4 Dignity Crescent
West Gosford NSW 2250

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2681m2
Sold By
Flynn Mcfall
BURGESS RAWSON SYDNEY
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Property Details for 4 Dignity Cres, West Gosford

Building Type
Commercial
Land Size
2681m2
Local Government
Central Coast
Lot/Plan
6/DP240338

Last Listing description (November 2023)

Burgess Rawson is pleased to offer to the market 4 Dignity Crescent, West Gosford NSW for sale via our Investment Portfolio Auction 165.

The property has the following investment highlights:

+ 3 year lease to 2026 plus further option to 2029

+ Greater of 3% or CPI rent reviews, ensuring strong rental growth
+ Landlord friendly net lease, tenant responsible for all usual outgoings including council rates, water rates, insurance and single holding land tax
+ Coastmac Trailers: one of Australia's leading distributors of haulage and storage attachments operating in over 10 locations across Australia
+ Significant 2,654sqm* freehold offering a highly functional 1,014sqm* industrial facility
+ Surrounded by national brands including Total Tools, Domayne, Mitre 10 & Burson Autoparts
+ Easily managed single tenant investment, allowing interstate or overseas ownership
+ West Gosford: Tightly held industrial precinct servicing the Central Coast region
+ Central Coast: thriving region of over 348,930 residents, forecast to grow to 415,355 people by 2036^
+ Net Income: $123,400 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.
^forecast.id.com.au

Property History for 4 Dignity Cres, West Gosford, NSW 2250

A timeline of how this property has performed in the market
Last Sold
$1,920,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $1,920,000
  • 03 Nov 2023
    Listed for Sale Price on Request
  • 01 Oct 2016
    Sold
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About West Gosford 2250

The size of West Gosford is approximately 5.3 square kilometres. It has 21 parks covering nearly 31.2% of total area. The population of West Gosford in 2011 was 1,393 people. By 2016 the population was 1,338 showing a population decline of 3.9% in the area during that time. The predominant age group in West Gosford is 50-59 years. Households in West Gosford are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Gosford work in a professional occupation. In 2011, 44.1% of the homes in West Gosford were owner-occupied compared with 43.5% in 2016.

West Gosford has 1,906 properties. Over the last 5 years, Houses in West Gosford have seen a 70.56% increase in median value, while Units have seen a 34.50% increase. As at 30 September 2024:

  • The median value for Houses in West Gosford is $891,717 while the median value for Units is $574,690.
  • Houses have a median rent of $555 while Units have a median rent of $520.
There are currently 7 properties listed for sale, and 24 properties listed for rent in West gosford on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in West gosford.

Suburb Insights for West Gosford 2250

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.