22 Gosford Road, Broadmeadow, NSW 2292

EOI - Closing Wednesday 5th August At 5pm

House
Type
24
Bedrooms
12
Bathrooms
12
Parkings
1,245 m²
Area

Last updated on Thursday, June 11, 2026 ( See property details for 22 Gosford Road, Broadmeadow, NSW 2292)

EOI - Closing Wednesday 5th August At 5pm

Joel Soldado Director | Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, meticulously maintained 12-apartment complex on a substantial 1,245sqm double block in Newcastle's prime growth corridor, offering immediate income and future development potential.

🏡 Property Highlights

  • Rare large-scale investment opportunity with 12 fully leased apartments
  • Significant long-term holding with over 37 years of ownership history
  • Potential for strategic renovations to increase rental income
  • Possibility to strata and sell individual apartments for immediate upside
  • Located within Newcastle's transformative growth corridor with future development potential
  • Strong current income stream of $277,000 per annum

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Garage
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Home Office / Study Nook
  • Extra Storage (Shed/Linen)

Broadmeadow is a vibrant suburb experiencing significant growth, with excellent transport links, proximity to Newcastle's key attractions, and a strategic location within a major urban development corridor. It offers a mix of established amenities, future infrastructure projects, and a strong community vibe, making it an ideal area for both investment and lifestyle. The suburb's proximity to Newcastle Racecourse, Broadmeadow Station, and upcoming urban precincts positions it as a highly desirable location for investors and residents alike.

What is the current rental income and occupancy status of the apartments?
The property is fully leased with a current annual income of $277,000, reflecting strong cash flow from the existing tenants.
Are there any development restrictions or zoning considerations for future redevelopment?
The property is situated within a significant growth corridor with potential for higher-density redevelopment, subject to council approval and planning regulations.
What are the maintenance and condition of the apartments?
The apartments have been meticulously maintained over decades, reflecting genuine pride of ownership and ensuring a high standard of presentation.
Is there potential to strata the apartments and sell individually?
Yes, there is potential to strata and sell each apartment separately for immediate upside, subject to council approval and relevant regulations.
What are the nearby amenities and transport options?
The property is conveniently located near Broadmeadow Station (600m), Newcastle Racecourse (100m), and other key amenities including schools, entertainment precincts, and beaches within a few kilometres.
Are there any existing planning or development approvals in place for future redevelopment or subdivision? What are the potential costs associated with strata subdivision or renovation works? Are there any easements, covenants, or zoning restrictions affecting the property? Has a recent survey been conducted to confirm boundary lines and land size? Are there any known structural issues or defects with the apartments? What are the council rates, land tax, and other ongoing costs? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming planning or infrastructure projects that could impact the property? What are the terms and conditions of the current lease agreements? Are there any strata or community management fees applicable to the apartments?

22 Gosford Road, Broadmeadow, NSW 2292 - More Details

EOI - Closing Wednesday 5th August At 5pm

Type
House
Bedrooms
24
Bathrooms
12
Parkings
12
Area
1,245 m²

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