211-213 West Street, Umina Beach NSW 2257

(This property is being advertised for genuine Expressions of Interest closing at 5.00pm 13th May 2016 if not sold prior.)

Seize this fabulous opportunity to secure the freehold and redevelop the premier, mixed use development site on the prime commercial strip in the heart of thriving Umina Beach which is located on the NSW Central Coast, in Gosford Shire only 1 to 1.5 Hours North of Sydney!
This is superb, main street positioning in the heart of the booming beachside suburb of Umina Beach, which has experienced exceptional capital growth and surging residential demand over recent years, as well as burgeoning local commerce stemming from major retail investment in town centre by 5 of the major national brands and dramatic infrastructure investments by Gosford Council.
The resultant improvement in life style and local amenities has transformed the area into one of the most sought after and beautiful sea side locations in NSW to live, work, raise families & invest. This has had the follow on effect of increasing custom and business in the town centre exponentially! Needless to say this dramatic upturn has brought with it sustained double digit capital growth with demand for residential units far outstripping supply, a trend which is predicted to continue as long as the current undersupply of housing remains throughout Sydney.
This is a superb opportunity to secure a blue chip 898m2 (B2 Zoned) Mixed business/residential development site in the heart of Umina enjoying unparalleled exposure when approaching from the north along the main street. A redevelopment consisting of ground floor commercial with strata units above (subject entirely to council approval on height and F.S.R variations) could potentially achieve water views from upper levels.