$1,250,000 - $1,290,000
4 Bed • 2 Bath • 2 Car • 885m²
New
222 Henry Parry Drive, North Gosford NSW 2250
$1,250,000 - $1,290,000
- 4Bed
- 2Bath
- 2 Car
- 885m²
House for sale
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What's around Henry Parry Drive
House description
“DA Approved Boarding House Development - Prime Development Opportunity”
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!
Property features
Balcony
Built-in Robes
Pet-Friendly
Other features
Carpeted, Close to Schools, Close to Shops, Close to TransportLand details
What's around Henry Parry Drive
Inspection times
Contact the real estate agent
David Roy
Domain Property Group
Send an enquiry
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