1-4,6-7/14 Jarrett Street North Gosford NSW 2250

Strata lots 1 - 4, 6 and 7 of 14 Jarrett Street, North Gosford (the property/offering) provide a unique opportunity for investors, with an eye for future development potential, to acquire on an "inline sale" basis 6 (of 8) strata lots within an existing medical strata complex.

The suites are located adjacent to Gosford Private Hospital and provide for a total of 507* m2 of lettable strata area plus 12 car spaces, allocated at 2 per suite.

The strata complex sits on a large parent corner lot of 2,835* m2. The current improvements are significantly underdeveloped relative to the site's SP2 Infrastructure (Health Services Facility) zoning and Floor Space Ratio (FSR) of 2:1 (5,670* m2 of Gross Floor Area, subject to council approval).

The strata lots offered account for 74.5% of the total strata unit entitlement allowing the successful purchaser the potential opportunity to amalgamate the outstanding lots or jointly develop the parcel later.

The land rich strata lots are offered with leaseback to the existing medical occupiers for approximately 2 years giving time for the successful investor/developers to assess their future options.

14 Jarrett Street is centrally located in a tightly held precinct with a captive pool of medical occupiers attracted to the area resulting in good ongoing demand for small suites on a sale or lease basis.

A well-located opportunity with various exciting pathways to explore. This is one not to be missed.

Key Points

Lots 1 4, 6 and 7, 14 Jarrett Street, North Gosford, NSW 2250
(We specifically note that Lots 5 and 8 do not form part of the sale offering).
Offered strata lots total 507* m2 (building area) or 659* m2 with twelve (12) car spaces included.
Land (Parent Strata Lot): 2,835* m2
Zoning: SP2 Infrastructure (Heath Services Facility) under the provisions of Central Coast LEP 2022.
Development: Floor Space Ratio FSR 2:1 and Height 11.5 metres.
Income: The suites are offered on lease terms up to 2 years in duration with extensions by agreement.

Expression of Interest closing 3pm (AEST) Thursday 29th August 2024.

Contract Exclusive Agents:
Ashham Agencies
208, Level 2, 111 Harrington Street, Sydney NSW 2000
Attention: Andrew Graham
Ph 0412 448 455

*Approximately

**The Strata suites offered represent 6 of 8 lots with a unit entitlement of 74.5%