2025-26 CENTRAL COAST INVESTMENT PROSPECTUS 13 The Central Coast, and Gosford in particular, has seen unprecedented investment in recent years as confidence grows in the region’s future. To facilitate the growth of Gosford over the next 30 years the NSW State Government provided a $42.5 million grant to Central Coast Council to undertake a comprehensive upgrade of the water and sewer network across the CBD. This project will be completed in late 2025. Major Sydney property developers and builders including: John Singleton Group, ALAND, Urban Property, Ace Property Development and Alceon Group are now investing significantly in Gosford. In addition Central Coast based property developers who, over many years have had confidence in the region, have invested significantly in the region. They include: Stevens Group who are one of Australia’s leading private and diversified property development companies. Founded in 1982 Stevens has delivered over 250 quality landmark developments throughout New South Wales and many on the Central Coast. The Brand Group has been a long-term investor in the region, in particular the transformation of Erina retail precinct. Registered Club, Mingara Leisure Group has established the Mingara Precinct at Tumbi Umbi and is one of the leading clubs in the region. In late 2024 Mingara opened Encore by Mingara, a 5-storey $24 million hotel adjacent to their club facilities. Gosford RSL Club in 2024 opened a new $32 million clubhouse building at the Gateway to Gosford. Who’s Investing John Singleton Group Architect’s visualisation of John Singleton Group’s proposed motel at East Gosford Well known Australian advertising executive, entrepreneur, and media personality, John Singleton has been a significant investor and developer on the Central Coast for many years. Through the John Singleton Group he has identified opportunities and in recent years has invested in residential, office, and hospitality developments and ventures. In 2006 he acquired the upmarket boutique hotel Bells at Killcare and transformed it and its restaurant into an iconic luxury dining and accommodation destination. At the same time, he developed Pretty Beach House nearby, investing over $16 million in both properties. Today both are recognised nationally and internationally having received numerous awards for excellence. In 2016 he sold these properties to long time managers Karina and Brian Barry and continue to be the Central Coast’s leading luxury tourism destinations. In 2018 he opened Saddles at Mount White that is recognised as ‘one of the world’s most beautiful restaurants’ (Conde Nast Traveler). He subsequently acquired the adjacent nursery property creating a 28-hectare precinct on which he plans to build a 20room luxury hotel, to be known as Grand Saddles Lodge, with restaurant, piano bar and day spar and has engaged builders Cowyn Building Group for the project. Mr Singleton was the first major investor to see the opportunities that Gosford offered and in 2017 developed the $35 million Bonython Tower of 14-storeys that comprises 56 boutique residential units and 2 luxury penthouses and two levels of commercial spaces as well as the Railway Hotel. This was the first high-rise building to be built in Gosford. Following completion on Bonython Tower he developed Ravello Residences comprising 40 luxury apartments on the Gosford Waterfront, a $23 million investment. In 2019 he acquired the Elanora Hotel in East Gosford and carried out substantial renovations. In January 2024 his John Singleton Group submitted a Development Application for a 3-storey 60 room motel to cost $32 million on a site adjacent to the hotel with upgraded bott shop and extensions of dining space. Currently the John Singleton Group and property developer Alceon have announced a joint venture to build 16 luxury residences on a waterfront site at Cariline Bay near Gosford.. Stevens Group Visualisation of Stevens Group proposed Halloran Service Centre (Warnervale) Over the past 30 years the locally owned Stevens Group has invested substantially across the Central Coast developing residential subdivisions, commercial and industrial developments.
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