18 CONTINUED ON PAGE 19 PROPERTY NEWS A company associated with Sydney property developers Bathla Group, who acquired the former Marketown Shopping Centre site now known as Kibbleplex, from the Lederer Group in 2022, are reported to have appointed a design team of Plus Architecture, Architecture AND, and CHROFI to transform the site now known as Gosford Alive. The project, would revitalise almost a full city block in Gosford’s civic centre, and deliver 650 homes, 5,000sqm of retail and commercial space plus a mix of public and communal spaces at the ground level over 5.8 hectares. The design team was chosen after a design excellence competition, with CHROFI designed the civic plaza, ground plane and tower 1; Plus Architecture designing residential towers 2 and 3 and contributing to the masterplan; Architecture AND designed residential towers 4 and 5; and Arcadia worked across the masterplan and provided landscape consultancy services. The 1.4-hectare development will include an activated public realm will extend from Kibble Park through the site to enhance the pedestrian experience. The design excellence competition was managed by Urbis, on behalf of Universal Property Group, while the jury was chaired by Government Architect NSW. The submission of a State Significant Development Application is anticipated for late 2024. Kibbleplex owner’s plans for revised Gosford Alive development Kwikstore Self Storage Facility Opens in West Gosford A local investor has recently completed development of a 67 Unit Self Storage Facility in West Gosford. The 1,852 sqm site located at 7 Grieve Rd, was purchased in April 2022 for $1,410m plus GST. Taking just over 2 years to gain their final Occupation Certificate, the newly developed site has 11 different sized units for commercial and residential usage. In addition, it also has spaces for cars, camper trailers and vans. Kwikstore Self Storage uses technology which allows users to sign up online and access their unit immediately, creating a seamless sign up and access process. Kwikstore is now open with up to 50% off the normal monthly letting fee for the first 30 renters. Lederer Group’s proposed Gosford Alive development proposed in early 2016 CBRE lists shovel ready residential subdivision at Hamlyn Terrace Agents CBRE have listed a 72,520sqm residential subdivision site with DA and SWC approval for 88 lots with further potential to subdivide a 10,000sqm super-lot into 26 lots at 94 Sparks Road, Hamlyn Terrace. The gently sloping site has a frontage to Sparks Road of 201 metres and is being marketed as shovel-ready. It will be sold by way of Expression of Interest with offers closing by Thursday 5th September 2024 at 4.00pm. For more information contact Nick Young 0412 345 678 Tuggerah development almost sold out With almost all units sold off-the-plan a industrial warehouse development at 57-59 Gavenlock Road, Tuggerah currently under construction is proving to be the best indicator that the commercial precinct continues to be a sought after location. The project which consists of 22 industrial warehouse units ranging in size from 114sqm to 317sqm and seen 19 of the 22 units either sold or being retained by the developer. Pricing for the remaining units starts at $513,000 + GST. Commenting on the current market conditions exclusive sales agent for the project, Brett Hunter said, “after a slow start (due to the higher interest rate environment and contracting economy), sales have now started to pick up, with only 3 units remaining and a healthy mix of owner occupiers and investors from both Sydney and the Central Coast. Completion of the build is expected MidSeptember. The project is being built by Sydney based CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2024
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