2 Luke Close,
West Gosford, NSW 2250
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Commercial Collective - NEWCASTLE
10 Newcomen StreetNEWCASTLE, NSW 2300
2 Luke Close
West Gosford, NSW 2250
Map of 2 Luke Close
Strategic investment opportunity with development potential
Currently leased to two occupants, the property generates an annual income of $88,930.20 before GST. Compromising an expansive 4,046sqm* site, with rear access via Luke Close and direct access to Manns Road, it flaunts 49 meters* of street frontage, holding significant development potential. Don't miss the chance to own these well-balanced and diversified assets, strategically positioned for both immediate returns and future growth.
Key features include:
- Total income $561,806.47 per annum plus GST
- 4,046sqm* site
- Investment asset with significant upside
- Development and reposition opportunity
*Approximately
Key features include:
- Total income $561,806.47 per annum plus GST
- 4,046sqm* site
- Investment asset with significant upside
- Development and reposition opportunity
*Approximately
West Gosford, 2250 demographic data
The median household income for West Gosford is $1,169, 44% lower than Greater Sydney's household income of $2,077. West Gosford has an older age profile compared to the rest of Greater Sydney (median age 44 vs 37). Property ownership data shows 39% of property owners in West Gosford have a mortgage.
1,602
Population
$1,169 per week
Median household income
44 years
Median age
Renters
Most residents
Families
Most households
Commercial Collective - NEWCASTLE10 Newcomen Street
NEWCASTLE, NSW 2300
NEWCASTLE, NSW 2300
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