Landmark Retail Investment at the Heart of Gosford CBD Offered to the Market | JLL

A rare opportunity to acquire a dominant retail investment at the heart of Gosford’s transforming CBD with substantial development upside. 

JLL Retail Investments and Colliers Retail Middle Markets have been exclusively appointed to market for sale the Imperial Centre Gosford, a strategic 1.55-hectare CBD landholding representing one of New South Wales’s most compelling investment opportunities to have come to market.

Located at the centre of Gosford’s rapidly evolving CBD, the Imperial Centre Gosford presents as both a defensive, convenience-based retail asset and a transformative development opportunity, underpinned by a dominant 6,149 sqm Woolworths supermarket currently trading 31% above the Urbis benchmarks.

JLL’s Head of Retail Investments, Sam Hatcher said: “The first quarter of 2025 recorded the largest start to a year by transaction volume in a decade, exceeding the peak of the market in 2022 by more than a $100 million, totalling over $1.65 billion. This activity reaffirms the confidence in the retail sector as global and local capital sources continue to be attracted to the sector’s attractive fundamentals being large landholdings in key locations underpinned by attractive defensive income streams.” 

“We anticipate strong interest in the Imperial Centre Gosford from a range of global and local capital sources, drawn to the centre’s compelling non-discretionary income stream being anchored by the trade area’s only full-line supermarket, in addition to substantial mixed-use development potential.”

Positioned in Gosford’s evolving CBD where 8,000 new residents are expected to reside by 2046, the centre provides immediate returns while offering significant long-term development opportunities for incoming purchasers,” Mr Hatcher added. 

The Imperial Centre Gosford comprises of a total GLA of 16,769 sqm across a substantial 15,468 sqm CBD landholding, estimated to generate a fully leased net income of $5.04 million. Supported by 555 car spaces and strategically positioned in Gosford’s main retail precinct, the centre benefits from strong connectivity to public transport links including the Gosford Train Station just 200 meters away which services 2.34 million commuters annually, making it the busiest train station in the Central Coast region.

Colliers’ Head of Retail Middle Markets, James Wilson said: “The opportunity to acquire the Imperial Centre Gosford at a considerable discount to replacement cost while securing one of the Central Coast’s strongest performing supermarkets represents exceptional value.”

“High profile national retailers including Best & Less, The Reject Shop, McDonald’s and Priceline will capture the significant retail expenditure growth within the primary sector, which is projected to increase at 4.0% annually to $801 million by 2046.” Mr Wilson said.

The Imperial Centre Gosford benefits from extensive development planning, with concept plans by DKO Architects already drafted for a major mixed-use project featuring 478 residential apartments across multiple towers with ground-floor retail activation.

With over 3,400 units either under construction, approved, or proposed to be built by 2032 in the immediate area, the Imperial Centre is ideally positioned to capitalise on Gosford’s booming population growth.

“With 80% of income derived from non-discretionary retail and current specialty rents sitting 33% below the Urbis Benchmark, the Imperial Centre provides investors with multiple value creation strategies through active management or by capitalising on the site’s substantial long-term development potential,” Mr. Wilson said.

“This is further supported by the catchment’s fast-growing supermarket spend being projected to more than double to $230 million by 2046, an expenditure number which could support three full-line supermarkets and further underpin the centre’s retail dominance.”

The Imperial Centre, Gosford, for sale via an Expressions of Interest campaign closing Wednesday, 2^nd July 2025.