ALAND secures development approved Gosford site
Busy Sydney developers, ALAND, has secured one of Gosford’s most sought-after mixed-use sites, which sold with development approval for two towers.
The 5656 sqm site at 108-118 Mann Street originally launched to the market at The Archibald in 2019, with development approval for a dual tower build comprising 289 apartments, along with a ground floor pub, level 28 sky bar, 167 hotel suites and a range of hotel amenity including an infinity pool, gym and conference hall.
Render of the proposed dual tower project at 108-118 Mann St, Gosford. Credit: Colliers
ALAND CEO George Tadrosse confirmed the deal was done via an expression of interest process run by Colliers International which closed at the end of March.
“It’s a sensational site right in the heart of Gosford, which is increasingly being seen as a key regional location,” he said.
“We’re delighted to have secured the property and look forward to taking the plans for the project forward to deliver a fantastic new addition to the Gosford skyline. Subject to planning, we are looking at launching the project sales in spring and starting construction this year.”
Render inside one of the proposed apartments at 108-118 Mann St, Gosford. Credit: Colliers
The Gosford property is one of the CBD's last remaining consolidated sites, with street frontages to Mann, Donnison and Baker Streets.
Located close to Gosford’s waterfront, the site is also well-connected to key amenities like the Gosford Train Station, Gosford TAFE and the Central Coast Stadium.
The site was demolished in preparation for construction, with the site placed on the market earlier this year.
Aerial shot of the site's location and proximity to key amenity. Credit: Colliers
Tadrosse said his team will now review the project but expects work to begin quickly.
“We have an opportunity to make a significant contribution to the city, and we’re excited to get this project underway,” he added.
ALAND recently launched their $800 million master-planned precinct in Merrylands, in Sydney’s west.
There has already been strong demand for the first stage of the project, with the prime 2.5-hectare site, located adjacent to the Merrylands train station, set to deliver 365 apartments across three buildings, up to 20 storeys in height.
The Gladstone Village is a rare offering for Merrylands and one of the last remaining pockets along Sydney’s rail network to be developed.
