Investment Overview:
The security property comprises an older-style fibro-clad and corrugated iron roof dwelling, with a total area of 656m2. The property is zoned "B6: Enterprise Corridor" by the SEPP (Precincts-Regional) 2021. The Director of the borrowing company owns the adjacent site at 7 Young Street, West Gosford, and had purchased this property to amalgamate the site for future development.
The subject property is in
an established industrial area of West Gosford, located approximately 83km
north of the Sydney CBD. The property is situated just north of Central
Coast Highway opposite a predominantly light industrial locale. Other notable
landmarks within proximity are Gosford Station 1.5kms, Gosford Hospital 2kms,
and Imperial Centre Gosford 2kms.
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