Zoned R1 Medium Density, this 835sqm gently sloping block has development potential for 3 large or 4 smaller townhouses (subject to council approval).

Brilliantly located with easy access to East Gosford shopping village, restaurants, clubs, quality schools, public transport and the M1 motorway, this property is also convenient to Erina Fair shopping mall and Terrigal beach and cafes.

Currently used as a specialist’s consulting rooms, the vendor will continue to lease the property until 31 May 2019 which means a guaranteed rental income of $2,750 per month.

Council rates: $4,127.33 p.a (business use)
Water rates: $870.14 p.a plus usage