Mortgagee in Possession – Boutique Development Opportunity in the exclusive suburb of Point Frederick
*** EOI is closed - Offers under consideration ***
On behalf of the Mortgagee in Possession, The Savills Property Insolvency & Turnaround Services Team along with the Savills NSW Metropolitan and Regional Sales team are pleased to exclusively offer 3-5 Lynn Avenue, Point Frederick to the market for sale by way of Expressions of Interest.
This boutique development site sits on a large 1,878sq m* block with a DA approval for a Seven (7) story, Twenty (20) unit residential dwelling with scenic water views. The adjoining cottage on 3 Lynn Avenue, has 167sq m* living space plus a courtyard of 38sq m*.
Being less than 150m from the luxurious Brisbane Waters bay, the site is surrounded by an abundance of restaurants, eateries an abundance of restaurants, cafes and eateries Being only a short walk to the Gosford CBD, Gosford Stadium as well as a brief 150m* walk to the Bay and Gosford Sailing Club – making this tightly held development opportunity one not to be missed.
The site is within close proximity to Gosford's medical ‘hub’, with both Gosford Hospital and Gosford Private Hospital being in close vicinity, benefiting from all the amenities Gosford has to offer.
For further information please contact the agents below.
*Approx.
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