House for sale

7-11 Range Road/23-27 Ormond Street,

North Gosford, NSW

20 20 0
$5,750,000

Seven Houses in one line with DA Approved Plans for Unit Complex

Seven houses for sale generating $140,000 per annum in income.
DA approved plans for 110 Units that can be built in 4 stages.
Excellent Opportunity for for a consortium/superannuation fund or for several partners to collaborate and develop the site- generate income now, develop later.
Possible change of use to an Aged care facility (STCA).
The development could be built in stages,sold off individually etc.
A quick profit could be made here as smaller sites are in demand in this area.
The vendor is highly motivated and will consider allowing some time and possible terms to allow the purchaser to realise the project.
Call today to access the DA documentation.
Last updated: 08:01PM on Apr 3rd 2017
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