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Brand Group completes West Gosford industrial complex with all units sold

Posted by Edgar Adams on 7 February 2024
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.

Author:Edgar Adams
Tags:Property News

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