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Overview
46 Donnison Street
This property presents a significant opportunity for developers, builders, and investors seeking a prime development site with substantial potential, subject to council approval (STCA). The land is zoned R1 and boasts an impressive frontage of over 18.2 meters on a generous 626 square meter block, offering ample space for a variety of development possibilities.
Strategically located on the high side of Donnison Street, the site benefits from an advantageous position that enhances its appeal. It is conveniently situated just moments away from the Gosford Central Business District, providing easy access to a range of amenities, shopping, dining, and entertainment options. Additionally, the property is close to the Gosford train station, facilitating straightforward commuting and connectivity to surrounding areas. The nearby Gosford Hospital further adds to the location's desirability, making it an ideal spot for future residential or mixed-use development.
The site is governed by the Central Coast Council Local Environmental Plan (LEP), which permits a Floor Space Ratio (FSR) of 2:1, allowing for substantial building density. The permissible building height is up to 18 meters, enabling the construction of multi-level structures that can maximize the use of the land. The property also falls within the Low-Medium Density Residential (LMR) zoning, which supports a range of residential development types while maintaining a balanced neighborhood character.
Investors and developers have the option to either retain and renovate existing structures or pursue new developments to create multiple income streams. This flexibility makes the property suitable for a variety of projects, including townhouses, villas, or apartment complexes, subject to council approval. The combination of location, zoning, and land size positions this site as a valuable asset in the Central Coast property market.
Overall, 46 Donnison Street offers a rare chance to acquire a well-located development site with strong growth potential. Its proximity to key infrastructure and amenities, coupled with favorable zoning and building regulations, makes it an attractive proposition for those looking to capitalize on the expanding Central Coast region.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West Gosford NSW 2250
Market Insights for West Gosford NSW 2250
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