Landmark 2,693sqm* Development Site | Gosford Health Precinct & Growth Corridor
Description
CBRE is pleased to offer to the market 15–21 Ormond Street, North Gosford NSW, a landmark development site for sale via Expression of Interest.
The property has the following key investment highlights:
+ Substantial 2,693sqm* landholding with approximately 61 metres of prominent street frontage to Ormond Street, providing an expansive and highly flexible development canvas
+ R1 General Residential zoning with a maximum building height of 12m and FSR of 1.5:1, permitting a range of residential built forms including multi-dwelling housing, residential flat buildings, manor houses and shop top housing, STCA
+ Flexible alternate use potential under R1 zoning including medical centres, childcare centres, allied health facilities, group homes and seniors housing, STCA — ideally suited to the surrounding health and medical precinct
+Minimum 550sqm lot size supports Torrens title subdivision into multiple lots, providing developers with optionality across staged delivery or land sub-division strategies
+ Immediately adjacent to Gosford Private Hospital and within moments of Gosford Public Hospital — currently subject to a $348 million government-funded redevelopment — positioning the site at the epicentre of the Central Coast’s premier health precinct
+ University of Newcastle Central Coast Health Campus on the doorstep, generating sustained and growing demand for medical consulting suites, allied health services, specialist accommodation and student housing
+ Walking distance to Gosford Train Station (approx. 1km*), the Imperial Centre (Woolworths, McDonald’s, BWS), Gosford High School, ANZ Bank, Westpac and Chemist Warehouse
+ Direct rail access to Sydney CBD — approximately 90 minutes to Central Station — underpinning strong seachange and investor demand from Sydney’s higher entry point market
+ Significant development momentum in the immediate precinct: Archibald by Aland ($375 million, 327 apartments) and Urban Property Group’s Central Coast Quarter ($247 million, 394 apartments + 152-key hotel) anchoring Gosford’s transformation
+ Over $500 million in residential investment delivered in the North Gosford corridor since 2014, with 1,500+ new dwellings completed or underway between Faunce Street and Dwyer Street
+ NSW Government fast-tracking a major rezoning of Gosford City Centre across 283 hectares targeting 1,900 new homes, with public exhibition due in 2026 — providing planning certainty and further uplift potential for the surrounding precinct
+ Rental vacancy rate below 1%* across the Central Coast region with available stock approximately 18% below the five-year average, underpinning acute housing undersupply
+ Central Coast LGA: a booming NSW economy with a GRP of $20.8B* and a population of 354,803, forecast to grow 14.5% to 412,502 by 2046² — with 32,500 new homes required to meet projected demand
+ Gosford: economic and administrative hub of the Central Coast serving a regional population of 182,000+, underpinned by accelerating government infrastructure investment and urban renewal
To be sold via Expressions of Interest closing 3pm AEST Friday 4 September 2026.
Please contact the exclusively appointed sales team for more information.
North Gosford, NSW
15-21 Ormond Street
For Sale by Expression of Interest
This property is part of Portfolio 185
Price: Contact Agent