Media release

Gosford, NSW (27 February 2018) – The property led reformation of NSW regional centre Gosford continues with the release of the state-of-the-art Viciniti residential development at Point Frederick, which is located midway between Sydney and Newcastle.

Marketed by leading Central Coast property firm, Raine & Horne Terrigal-Avoca Beach, Viciniti is a unique boutique block of 24 apartments that are now available for sale off the plan at 46 Frederick St, Point Frederick.

Raine and Horne Terrigal-Avoca Beach principal Brett Hunter said Viciniti will be available for purchase in March with a 14-month turnaround expected, with the apartments ranging in price from $420,000- $1.3 million.

“The broad price range means that Viciniti will appeal to downsizers from the Central Coast, Sydney and Newcastle, investors and first home buyers,” said Mr Hunter.

Point Frederick with its sweeping views of fantastic Brisbane Waters coupled with its proximity to the M1, makes it very popular with local businesspeople and buyers shifting to the Central Coast from Sydney and Newcastle, said Angus Raine, Executive Chairman, Raine & Horne Group.

“Owners in Point Frederick have excellent access to public transport with trains to Sydney and Newcastle within walking distance, while the Central Coast Stadium sporting and entertainment precinct is nearby,” he said.

“Apart from being equidistant from Sydney and Newcastle, Point Frederick is close to the region’s famous holiday getaways such as Avoca Beach, Terrigal and Macmasters Beach.”

Moreover, Gosford is a city shifting into gear, noted Mr Raine, with the $348 million Gosford Hospital revamp underway, and the new ATO building bringing hundreds of new employees to the city.

The Department of Finance, Services and Innovation (DFSI) is constructing a mixed-use building on a portion of the former Gosford Public School site at 20 Mann Street, which expected to bring another 300 jobs to the region[i].

“The NorthConnex linking from the M1 to the M2 in Sydney, which is due for completion in 2019, will reduce commute times to Sydney significantly, and the new tunnel is driving enquiries from Western Sydney residents considering a sea change to the Central Coast,” Mr Raine said.

“Improved infrastructure and the extra jobs delivered by the likes of the ATO and the Department of Finance should help property values in Point Frederick grow over the next 7-10 years.”

To find out more about buying a dream apartment in Viciniti at Point Frederick, contact Raine & Horne Terrigal- Avoca Beach on (02) 4384 1444.

–ENDS–

For further media information contact:

Brett Hunter, Director Raine & Horne Terrigal-Avoca Beach on 0410 630 222

[i] https://www.finance.nsw.gov.au/about-us/media-releases/plans-underway-move-300-public-service-roles-gosford

Boutique apartments puts owners within the vicinity of Sydney and Newcastle