Prime Commercial Freehold Property for Sale in Gosford CBD

Expressions of Interest

2 &/2A Watt Street

Gosford NSW 2250

Offices

FOR SALE

657m2

Nestled in the bustling heart of Gosford CBD, this landmark freehold building presents a unique opportunity for investors and developers. Boasting a strategic location opposite Australia Post and adjacent to the Imperial Shopping Centre, the property features eight retail shops on the ground floor and a modern office suite above. The adjoining vacant land is currently leased for short term parking.

Property Highlights:

Total Land Size: Approximately 1310m²
Net Lettable Area: Approximately 657m²
Retail Space: Eight shops with a combined net lettable area of approximately 493m²
Office Space: First-floor office with a net lettable area of approximately 164m²
Adjoining vacant land leased as carpark.
Holding income generated from retails shops. Office space and car parking
Lease Stability: Secured by several long-term tenants with current leases
Annual Rent Escalation: Ensuring growth in investment returns
Ownership: Freestanding property with Torrens title
Location: Prime position within Gosford CBD, a rapidly developing commercial hub
Development Prospects: Subject to council approval (STCA), with a Floor Space Ratio (FSR, 5:1) and a building height limit of 36m as per NSW planning & environment guidelines
This property is a key asset in a tightly held commercial area, offering both immediate income and the potential for future development. (subject to council approval)

Seize this chance to own a piece of Gosford’s commercial future. For more information and to arrange a viewing, please contact Anthony Scarcella on 0422 375 522.

Disclaimer:
All information contained herewith, including but not limited to the general property description, price, and the address, is provided to us by third parties. We have obtained this information from sources we believe to be reliable however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.