Commercial Industrial Property Report

SALES

Erina factory unit sold
A new strata factory/warehouse at Bay 5, 8 Bonnal Road Erina was sold to an owner occupier for $255,000 excluding GST.
The 118sqm building is zoned 4A and is of brick construction. Citicoast Realty negotiated the sale.

 Gosford unit sold
A ground floor strata unit at Lot 47, 26 Watt Street Gosford was sold for $390,000 excluding GST. Zoned Commercial, the new unit covers 130sqm and was sold by Chapman & Frazer. 

Tuggerah unit sold
Unit 3, 1 Joule Place Tuggerah was sold for $238,000 including GST to a local owner occupier. The 230sqm light factory unit is zoned 4B and is constructed of pre-cast concrete with mezzanine level, high roller door and amenities. The sale was negotiated by  LJ Hooker Commercial.

Sale of Kincumber industrial units
Unit 4, Lots 5 to 8 Cochrane Street Kincumber has been sold for $410,000 excluding GST. Zoned 4A and covering 235sqm, the concrete panel unit will be used for the manufacture, storage and distribution of screen doors. The sale was negotiated by  LJ Hooker Commercial.

Lisarow land and factory brings over $2 million
A 10 year old industrial factory covering 3856sqm on 7345sqm land was sold for $2,185,000 excluding GST. Energy Australia purchased the property at 60 Railway Crescent Lisarow. The sale was negotiated by LJ Hooker Commercial.

LEASING

Charmhaven units leased
Units 4 and 5, 29 Arizona Road Charmhaven have been leased for $22,880 per annum excluding outgoings and including GST.
The industrial factory units are each 144sqm in area. They are new, of concrete slab construction and both have mezzanine levels. They have been leased to CEG Distributors. Tony Myers of Oliver Myers Real Estate negotiated the one year lease.

West Gosford car yard leased
A car yard with office and car wash area at 311 Manns Road West Gosford has been leased for three years with a three year option to Europcar Car Rentals. Zoned 4A, the premises has been leased for $40,000 per annum excluding outgoings and GST.
Tony Myers of Oliver Myers Real Estate negotiated the lease.

North Gosford factories leased
A factory with annex, office and storage yard totaling 1226sqm at 20 Kirrawee Street Gosford has been leased for $40,000 per annum excluding outgoings and GST. The new tenant is Flow Management Australia. The one year lease with one year option was negotiated by Tony Myers of Oliver Myers Real Estate.

A 139sqm factory/showroom at Bay 3, 319 Mann Street Gosford has been leased for $14,000 per annum including outgoings and excluding GST. The 10 year old unit is of tilt concrete panel construction and has been leased to Solarscape Pty Ltd to be used for car window tinting. The one year lease with one year option was negotiated by Citicoast Realty Pty Ltd.

Gosford office spaces leased
Suite 3.01 on  Level 3, 4-6 Watt Street Gosford has been leased for $70,000 per annum excluding outgoings and GST.
The 318sqm commercial office space has been leased for 5 years with a 5 year option to Employers Mutual. 
Suite 3.02 comprising 294sqm of space at the same address has been leased for $65,000 per annum excluding outgoings and GST. The 5 year lease with 5 year option has been taken by the Attorney General’s Department. Both leases were negotiated by Rob Wilcox of Chapman & Frazer.

197sqm of basic office accommodation at 297 Mann Street Gosford has been leased for $25,000 per annum including outgoings and excluding GST for 2 years. Zoned Commercial, the brick building is over 30 years old and has been leased to Venue Advertising Pty Ltd. Citicoast Realty negotiated the lease.

Tuggerah factory bay leased
A factory warehouse at Bay 3, 6 Ace Crescent Tuggerah has been leased for $15,500 per annum including outgoings and excluding GST. The area of the land and metal clad building is 260sqm.
It has been leased for 3 years to Dumar Auto Technics Pty Ltd as a mechanical repair workshop.
Citicoast Realty Pty Ltd negotiated the lease.

West Gosford factory units leased
Bay 3, 10 Enterprise Close West Gosford has been leased for $18,000 per annum including outgoings and excluding GST. The 186sqm factory/showroom with 46sqm mezzanine has been leased for 1 year with a two year option to be used as an automotive workshop.
Bay 4, 10 Enterprise Close West Gosford has been leased for $18,000 per annum including outgoings and excluding GST. The 185sqm factory/showroom with 45sqm mezzanine has been leased for 2 years to Custom Audio Technologies Pty Ltd.
Citicoast Realty negotiated the leases of both Enterprise Close properties.

A small industrial strata unit at 2, 14 Koala Crescent West Gosford has been leased for $25,000 per annum excluding outgoings and GST. The unit is zoned 4A and covers 220sqm. It has been leased to Transfield Services Australia Pty Ltd for 3 years with a 1 year option and will be used for office administration and storage. The lease was negotiated by Chris Watson of LJ Hooker Commercial.

Tuggerah Business Park lease
Unit 2A, 2 Reliance Drive Tuggerah Business Park has been leased for $26,000 per annum excluding outgoings and GST. Zoned 4C, the premises covers 148sqm and is on the ground floor of a two storey office complex. The full fitout includes a boardroom.
The 2 year lease with 2 year option was negotiated by Ty Blanch and Jeremy Ryan of LJ Hooker Commercial.

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