A local developer has purchased a 3,7762sq m parcel of land in North Gosford with a previous DA approval from KPMG in their capacity as receivers and managers of the vendor, for an undisclosed sum.
Located at 5-13A Ormond Street, North Gosford, the previously DA approved development site sits on a large 3,762sq m* block of land in the heart of bustling North Gosford. The site had partial excavation complete – allowing for a ‘development ready’ start.
With easy access to the Sydney CBD, being only 1km* from Gosford train station with central station less than a 90 minute* journey, the site is located in a medical hub, being in close proximity to Gosford Private Hospital & Gosford Hospital and just a short drive to Gosford town centre.
The deal was negotiated by Nick Lower and Selin Ince of Savills who said “There’s a growing demand for boutique development opportunities throughout the central coast, with strong levels of migration being seen from young professionals relocating from Sydney.”
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