This level 879m2 block, 26m x 33m currently has a 3 bedroom cottage on it returning $280 per week, the land has also been approved to build 2 x 3 bedroom townhouses and 2 x 2 bedroom villa’s which is current until April 2013. Located in the heart of town the property is only a short walking distance to public transport, local shopping centre, restaurants and 5 minutes to Gosford CBD. This property creates a great opportunity for developers or astute investors. Once complete the townhouses have the potential to sell for $350,000 or rent for $380 per week and the Villas have the potential to sell for $300,000 or rent for $330 per week in today’s market. Contact agent for full copy of plans. Agent declares interest.