3 Watt StreetGosford NSW 2250
Property Details for 3 Watt St, Gosford
Last Listing description (June 2022)
The property is centrally located on Watt Street in the middle of Gosford CBD. The site is positioned just near the Australia Post site on the corner of Erina Street East and Watt Street, directly opposite the Imperial Shopping Centre.
We are pleased to offer 3 Watt Street, Gosford for sale by Public Auction with the auction to be held at 10.30am on Thursday, 23rd June 2022.
The property consists of a freestanding commercial building, split into three strata title lots, offering a combined floor area of 366sqm, plus on-site parking for ten (10) vehicles. The property offers a total land area of approx. 531sqm.
This solid, brick construction building is designed with two ground floor lots / shops, split by a staircase that leads to the first floor office space, with each space offering their own amenities.
The two ground floor shops are under lease and currently returning $26,000 per annum gross + GST. With the Leases being short term, the property offers great versatility to hold as an investment, buy to occupy, or buy with holding income while you plan a redevelopment.
Property History for 3 Watt St, Gosford, NSW 2250
- 23 May 2022Listed for Sale Public Auction on 23rd June 2022
- 07 Jul 2016Listed for Sale $1,120,000
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0About Gosford 2250
The size of Gosford is approximately 3.4 square kilometres. There are 18 parks, covering nearly 31.2% of the total area. The population of Gosford in 2016 was 3499 people. By 2021 the population was 4873 showing a population growth of 39.3% in the area during that time. The predominant age group in Gosford is 20-29 years. Households in Gosford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gosford work in a professional occupation.In 2021, 32.50% of the homes in Gosford were owner-occupied compared with 26.90% in 2016.
Gosford has 5,329 properties. Over the last 5 years, Houses in Gosford have seen a 14.98% increase in median value, while Units have seen a 18.57% increase. As at 31 August 2026:
- The median value for Houses in Gosford is $963,050 while the median value for Units is $628,005.
- Houses have a median rent of $650 while Units have a median rent of $630.
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