Description

The property is centrally located on Watt Street in the middle of Gosford CBD. The site is positioned just near the Australia Post site on the corner of Erina Street East and Watt Street, directly opposite the Imperial Shopping Centre.

We are pleased to offer 3 Watt Street, Gosford for sale by Public Auction with the auction to be held at 10.30am on Thursday, 23rd June 2022.

The property consists of a freestanding commercial building, split into three strata title lots, offering a combined floor area of 366sqm, plus on-site parking for ten (10) vehicles. The property offers a total land area of approx. 531sqm.

This solid, brick construction building is designed with two ground floor lots / shops, split by a staircase that leads to the first floor office space, with each space offering their own amenities.

The two ground floor shops are under lease and currently returning $26,000 per annum gross + GST. With the Leases being short term, the property offers great versatility to hold as an investment, buy to occupy, or buy with holding income while you plan a redevelopment.