Ray White Commercial - Metropolitan Sydney in conjunction with Ray White Bensville & Empire Bay are pleased to present 5 Sinclair Street, Gosford for sale by Auction. This strategic investment property provides the future owner an opportunity to own an entire block of six (6), 2 bedroom units moments to the Gosford Train Station, Hospital and town centre. The units each have generous floor plans, offer a strong return and are predominantly leased by long term, established tenants. Blocks of units offered in one line are a rare commodity, offering the next incumbent the opportunity to take advantage of the steady to medium term income stream while considering a longer term exit strategy including strata subdivision^ or future development potential. ^ Gosford, as the regional capital of NSW's quickly growing Central coast region is strategically located midway between the Sydney and Newcastle CBDs. Additional highlights of the property are outlined below: ● 6 x oversized 2 bedroom units, offered in one line ● 9 lock up garages (7 garages are leased separately) ● Estimated fully leased income of approximately $126,984.00 per annum ● Potential rental uplifts on lease renewals, subject to market ● Long term tenancy profile ● Modern units, each with built ins and modern kitchens ● Individual services to each of the units (separate water, electricity, internet etc) ● Zoned R1 / FSR 1.5 : 1 ● 650m* to Gosford Train Station & town centre This unique investment opportunity is offered for sale by Auction. The Auction will be held on Tuesday, 4 May 2021. The Auction will be held at AuctionWORKS, mezzanine level, 50 Margaret Street, Sydney. For more information, please contact the below selling agents. Samuel Hadgelias Director Ray White Commercial - Metropolitan Sydney 0403 254 675 [email protected] Matthew Kidd Selling Principal Ray White Bensville & Empire Bay 0417 230 732 [email protected]