$1,075,000

4 Bed  •  2 Bath  •  2 Car  •  885m²

Main view of Homely house listing, 222 Henry Parry Drive, North Gosford NSW 2250
Second view of Homely house listing, 222 Henry Parry Drive, North Gosford NSW 2250
Third view of Homely house listing, 222 Henry Parry Drive, North Gosford NSW 2250
+8

Sold

222 Henry Parry Drive, North Gosford NSW 2250

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$1,075,000

  • 4
  • 2
  • 2
  • 885m²

House Sold on Tue 5 Nov, 2024

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

Balcony

builtInRobes

Built-in Robes

petFriendly

Pet-Friendly

Other features

Carpeted, Close to Schools, Close to Shops, Close to Transport

Land details

Area: 885m²
Fourth view of Homely house listing, 222 Henry Parry Drive, North Gosford NSW 2250View more
Fifth view of Homely house listing, 222 Henry Parry Drive, North Gosford NSW 2250View more

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222 Henry Parry Drive, North Gosford NSW 2250
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