Brand Group completes West Gosford industrial complex with all units sold
Completed toward the end of 2023, the Brand Group’s Racecourse Industrial Centre at 9 Blackett Street, West Gosford (behind Gosford Racecourse) has seen all 39 units sold prior to completion.
The Blackett Street site comprises a total of 1.607 hectares with the developed site occupying 8,813sqm
Indicating the demand for industrial units marketing for the project commenced in early 2022 and most were sold off-the-plan within six months.
Unit sizes range from 41 – 57 sqm with the largest from 110 – 144 sqm the majority being the smaller sizes and sold for around $4,400.00 per sqm.
Buyers included SMSFs for the smaller units, owner occupiers and investors for the larger units. Almost half the units sold to Sydney and local investors and SMSFs and a third to Owner Occupiers.
Tags:Property News |