Property Report

Sale Properties

• Tumbi industrial complex sold on 11% return

  LJH Commercial

  December 2011
  A local investment consortium has paid $870,000 for a 3-unit industrial complex at 9 Tumbi Creek Road, Tumbi Umbi. The property on a 3,153 sqm lot has three tenants: BBX Management, Thrifty Car Rentals and Arthur’s Gym all on long leases giving a net return of $87,802 per annum plus GST. The property was sold by Ty Blanch of LJH Commercial Central Coast prior to auction.

  
  

• Gosford development site sold

  Citicoast Realty

  December 2011
  A level 1,200sqm lot at 39 William Street, Gosford has sold for $825,000 plus GST. The property, on which stands a vacant 200sqm demountable office building, is zoned B4 Mixed Use City Centre Zone. It is the first time the property has come on the market in forty years. David Tawyer from CitiCoast Realty negotiated the sale.

  
  

• Vacant land in premier Central Coast location

  Ray White Coast Edge

  December 2011
  539 Pacific Highway, Wadalba – a 31,254m² block of vacant land with 2E Zoning located within a newly established, predominately residential precinct. Sold for $1,400,000. Karl Snopek from Ray White Coast Edge negotiated the sale.

  
  

• Brand Group on the move in Erina

  Brand Group

  December 2011
  Property developers and owners, the Brand Group are on the move again in Erina with a number of projects about to get underway in 2012.
  At Fountain Plaza development approval has been granted for extensions at the entry from Central Coast Highway that will provide for an additional tenancy.
  Meanwhile a Development Application is with Council for extensions and refurbishment of Erina Plaza on Central Coast Highway.
  At the same time the Group is moving ahead with plans to develop their property at 200 Central Coast Highway, Erina with a construction value of approximately $10 million.
  This development, with a site area of 2,886sqm and backing onto Karalta Lane, will comprise a ground floor area of 793sqm suitable for restaurants and retail, upper ground floor of 129sqm being car park foyer, Level 1 – 782sqm and Level 2 – 1,168sqm.  Internal car parking will be provided for 81 cars. The development has been designed to be a landmark commercial building which embraces the latest environmental initiatives and cutting edge design principles.

  
  

• Investor buys Platinum Erina suite

  LJH Commercial

  November 2011
  A local investor has paid $250,000 excluding GST for Suite 2.25 (52sqm + 14sqm of balcony) in the Platinum Building at 4 Ilya Avenue, Erina. 
  The Platinum Building was built in 2006.
  Brad Rogers from LJH Commercial Central Coast negotiated the sale.

  
  

• North Gosford investment unit sold

  Citicoast Realty

  November 2011
  Local investors have paid $350,000 (No GST applicable) for an investment property at 30 Glennie Street West, North Gosford. The property on a 442 sqm site comprises a 210sqm concrete tilt-panel warehouse with ground floor reception and mezzanine with 4 carpeted and ducted air-conditioned offices. The property was sold as a tenanted investment showing an approximate net return of 8.5% per annum. The property sold by Craig McMullen of Citicoast Realty.

  
  

• Investor buys in Tuggerah Business Park

  LJH Commercial

  November 2011
  A local investor has paid $395,000 for Unit 1, 19 Reliance Drive, Tuggerah Business Park. The 164 sqm unit includes 84sqm ground floor office space with sub-lease in place and first floor fit-out with kitchen, amenities and private balcony. Ty Blanch from LJH Commercial Central Coast negotiated the sale.

  
  

• Tuggerah landmark property sold on 11% return

  LJH Commercial

  October 2011
  GPF No.4 Pty Ltd (GDI Property Group) has sold their Tuggerah Business Park landmark commercial property realising $8.75 million (No GST going concern). The office/warehouse property at 2 Reliance Drive, Tuggerah comprises 3,529 sqm office space and 3,021 sqm warehouse space on a site approx. 1,325 ha. Built around 1996, the property last changed hands in 2003 for  $7 million. Listing agents Ty Blanch from LJH Commercial Central Coast and Angus Klem from CBRE Newcastle worked closely with David Tawyer of Citicoast Realty to secure the sale to a Sydney investor.

  
  

• Return of 9.67% for Sydney investor on Wyong property

  RCI Group

  October 2011
  A Sydney investor has paid $1.15 million (GST not applicable) for an investment property at 92-96 Pacific Highway, Wyong with a return of 9.67% per annum. The property on a 293 sqm lot comprises 2 street level retail shops and 4 first floor offices and was last traded in 2003. The sale was negotiated by Stephen Moore from RCI Group.

  
  

• Stockland announces sale of Bay Village

  Colliers International

  October 2011
  Stockland has announced plans to sell the Bay Village retail centre on the NSW Central Coast, as part of its strategic portfolio management. The large sub-regional centre was purchased by Stockland in 2000 for $63.9 million and expanded in 2006 at a cost of $112.0 million. It's estimated fully leased net income is $13,612,688. Colliers International has been appointed to manage the sale.

  
  

• Joinery Company buys Tuggerah unit

  LJH Commercial

  September 2011
  A joinery company has purchased Unit 2 at 2 Marklea Close, Tuggerah. Price paid for the 2,016 sqm unit was $375,000 (GST not applicable – Going Concern). Only two units are comprised on the 2 Marklea Close block. Ty Blanch from LJH Commercial Central Coast negotiated the sale.

  
  

• DA lodged for former church site at Terrigal

  September 2011
  Slater Architects has lodged a DA with Gosford Council for the redevelopment of the site formerly occupied by the Anglican Church in Terrigal. The proposed mix use development will be carried out by Sydney property developers E J Cooper & Sons. The 1,461 sqm site is on the corner of Kurrawyba Avenue and Church Street, Terrigal. The development will comprise thirteen apartments on three levels including one penthouse, first floor commercial space and ground floor/basement retail space.
  

  
  

• Somersby manufacturing facility on the market

  Raine & Horne Gosford

  September 2011
  The former Boatspeed manufacturing facility on the corner of Wisemans Ferry Road and Pacific Highway, Somersby has been placed on the market for sale by Tender through agents Jones Lang LaSalle in conjunction with Geoff Tilden at Raine & Horne Gosford.
  The 7,433 sqm property comprises a state-of-the-art 3,159 sqm clear-span factory building with high clearance and office on mezzanine floor. Tenders for the sale close on Thursday, 14th September 2011.

  
  

• Joinery Company buys Tuggerah unit

  LJH Commercial

  September 2011
  A joinery company has purchased Unit 2 at 2 Marklea Close, Tuggerah. Price paid for the 2,016 sqm unit was $375,000 (GST not applicable – Going Concern). Only two units are comprised on the 2 Marklea Close block. Ty Blanch from LJH Commercial Central Coast negotiated the sale

  
  

• Investor buys Kanwal shop

  LJH Commercial

  September 2011
  A Central Coast investor has paid $255,000 (GST not applicable) for Shop 3, 258 Wallarah Road, Kanwal. The 71sqm property is part of a larger strata shopping centre of ten shops located on a major arterial. The property last changed hands in 1999 for $195,000 (source RPData). The sale was negotiated by Ty Blanch and Mark Davies from LJH Commercial Central Coast.

  
  

• Owner occupier buys San Remo shops

  LJH Commercial

  September 2011
  An owner occupier / investor paid $312,000 (GST not applicable) for 3 shops in the San Remo retail strip. Consisting of about 80sqm each, one shop is leased to a Chinese Takeaway with the other two vacant but extensively fitted out. Ty Blanch from LJH Commercial Central Coast negotiated the sale.

  
  

• Investor buys Norah Head commercial property

  LJH Commercial

  August 2011
  A Sydney investor has paid $838,000 (GST not applicable) for Unit 1, 69 Bungary Road, Norah Head. The property, built about 25 years ago, comprises 6 small retail shops of which all except one are leased. The sale was negotiated by Mark Davies from LJH Commercial Central Coast.

  
  

• Investor buys Gosford CBD office

  Citicoast Realty

  August 2011
  A local investor has paid $215,000 (GST not applicable) for Lot 19, 153 Mann Street, Gosford, known as Gosford Central Plaza. The 132sqm ground floor office is leased to B.C.S. Strata on a 5 year lease and sold on an approximate 8.8% net return. Craig McMullen from Citicoast Realty negotiated the sale.

  
  

• Owner occupier buys at North Gosford

  Citicoast Realty

  August 2011
  An owner/occupier has paid $435,000 (GST not applicable) for a freehold industrial property at 23 Wollong Street North Gosford. The property comprises 188sqm mezzanine level offices with air conditioning, tiled reception and high roller door access.  The factory building has a ground floor area of 255 sqm on a level 442 sqm block, built about 10 years ago. The sale was negotiated by Craig McMullen from Citicoast Realty.

  
  

• Sydney lawyer buys Pearl Beach commercial investment

  Chapman & Frazer

  August 2011
  A Sydney lawyer has paid $1.46 million for a cafe and grocery store at 1 Pearl Parade, Pearl Beach showing a return of 8.1% pa. Two secure and established tenants occupy the three shops on 5 year leases plus options with favourable annual rent reviews. Charles Gonzalez from Burgess Rawson Sydney negotiated the sale in conjunction with Rob Wilcox of Chapman & Frazer Real Estate Gosford. Mr Gonzalez reported that the adjoining real estate office occupied by Ray White Real Estate remains for sale as an investment.

  
  

• Coulson’s buy Tuggerah self storage property

  August 2011
  Karis and Gosford Removals and Storage owners, Karen and Chris Coulson, have bought Our Town Self Storage at 8-10 Mildon Road Tuggerah paying $1.7 million. The purchase includes 177 storage sheds plus office facilities etc. covering 2,575sqm on a 5.3 hectare site. The property was built in two stages, the first in 1995 and second in 1997.

  
  

• Bateau Bay investment property sold

  LJH Commercial

  August 2011
  A Sydney investor has paid $685,000 (GST not applicable) for a retail/commercial investment at 209-213 Bateau Bay Road, Bateau Bay. The vendor had held the property, which is about 30 years old, since 1996 having paid $500,000. The sale was negotiated by Mark Davies of LJH Commercial Central Coast.
  

  
  

• Toukley investment property sells

  LJH Commercial

  July 2011
  A local investor has paid $670,000 (GST not applicable) for an investment property at 321 Main Road, Toukley. The property comprises 3 retail shops of about 65 sqm plus 2 x 2-bedroom residential units above. Zoning is 3a Business General. The sale was negotiated by Mark Davies from LJH Commercial Central Coast.

  
  

• Engineering company buys at North Wyong

  LJH Commercial

  July 2011
  A Central Coast engineering company RNG Engineering has paid $970,000 (GST not applicable) for 17 Lucca Road, North Wyong. The 7,781 sqm property has a 41 metre frontage to Lucca Road and depth of 110 metres. Improvements on the property include a 600 sqm free standing colourbond factory building with amenities RNG have relocated from Fountaindale. The sale was negotiated by Mark Davies from LJH Commercial Central Coast.

  
  

• Local investment group buys large Wyoming parcel

  LJH Commercial

  July 2011
  South Australian Hino dealers, Adtrans, has sold their Central Coast land holding at Wyoming after closing the local Hino dealership some years ago. A local investment group has bought the holding which comprises 10 Laycock Street (with extensive exposure to Pacific Highway) and 9 and 13 Cary Street (at the rear) with a total 5,981 sqm. Price paid was $1,650,000 plus GST. The holding is zoned 4(a) Industrial. The sale was negotiated by Brad Rogers from LJH Commercial Central Coast in conjunction with Angus Klem from CBRE Newcastle.

  
  

• Owner occupier buys Avoca restaurant

  LJH Commercial

  July 2011
  Richard and Sylvie Soo have paid $600,000 excluding GST for AllMalay Restaurant property at 172 Avoca Drive, Avoca Beach thus securing their position in Avoca into the future. Shop 4 is a 75sqm shop has been operated by the Soo’s for some years. The sale was negotiated by Brad Rogers of LJH Commercial Central Coast.

  
  

• Sale of Morisset industrial lot

  LJH Commercial

  July 2011
  A 3,356 sqm lot at 9 Kam Close, Morisset has sold for $402,000 plus GST. Zoned 4(2) Industrial General the lot is level and has exposure to Mandalong Road. The sale was negotiated by Mark Davies from LJH Commercial Central Coast in conjunction with Ray White Morisset.

  
  

• North Wyong industrial unit sold

  LJH Commercial

  July 2011
  A local investor has paid $170,000 (GST not applicable) for Unit 7, 9-11 Willowtree Road, North Wyong. The 189 sqm unit is part of a 18 unit complex built about five years ago.
  Mark Davies from LJH Commercial Central Coast negotiated the sale.

  
  

• Local investor buys Avoca Beach property

  LJH Commercial

  June 2011
  A local investor has paid $1.1 million (GST not applicable) for Shops 17 and 18, 172 Avoca Drive, Avoca Beach. Both shops are leased to Avoca Beach Pharmacy on a 5 year + 5 year lease with 5% annual increases on base rental giving the new owner a 7.35% return on investment. The 122 sqm shop are part of a residential / retail complex built about thirty years ago. Brad Rogers from LJH Commercial Central Coast negotiated the sale.

  
  

• Owner occupier for West Gosford industrial unit

  Raine & Horne Gosford

  June 2011
  A local company has paid $380,000 (bought as a going concern) for Unit 2, a 268 sqm industrial unit at 4 Enterprise Close, West Gosford. The unit is part of a four unit concrete tilt slab construction complex built eight years ago. Geoff Tilden from Raine & Horne Gosford negotiated the sale.

  
  

• Investor buys Gosford commercial

  Raine & Horne Gosford

  June 2011
  A local family investor has paid $520,000, GST Not Applicable, for 154 Mann Street, Gosford. The 2-storey commercial/retail building is situated in the middle of the Gosford CBD. The upstairs office space is vacant while the ground floor retail area is leased to The Samaritans returning $31,200 per annum net reflecting a yield of 6%. The property comprises an older style building on a 355 sqm lot. Geoff Tilden from Raine & Horne Gosford negotiated the sale.
  

  
  

• Accountants buy into Tuggerah Business Park

  LJH Commercial

  May 2011
  Tuggerah Business Park is gaining popularity as the accounting profession’s location of choice on the Central Coast. MCS Partners have paid $510,000 plus GST for Unit 1, a 243 sqm office suite in a complex at 5 Colony Close, Tuggerah. The unit, built in 2003, comprises large open office area plus private executive style offices, large boardroom, training area, kitchen, lunchroom and toilets. The sale was negotiated by Ty Blanch and Brad Rogers of LJH Commercial Central Coast.

  
  

• Private developer snaps up Gosford unit block

  Cushman & Wakefield

  May 2011
  A unit block located at 10 Margin Street, Gosford, with substantial refurbishment potential has sold under the hammer for $775,000 - well above the reserve - through Gregory May of Cushman & Wakefield. The elevated three level property was originally built in the 1960s and comprises five 2-bedroom units and garaging. A private developer intends to refurbish the property. The property occupies a site area of approximately 1,360 square metres in close proximity to Gosford TAFE, the railway station and Gosford CBD.  It was sold on behalf of liquidators SV Partners.

  
  

Lease Properties

• Tuggerah industrial unit leased

  LJH Commercial

  December 2011
  Hawk Management Systems Pty Ltd has leased Unit 6, 15-17 Ace Crescent, Tuggerah. Terms of the lease for the 161 sqm unit are 3 years with a 3 year option at a rental of $18,000 per annum plus outgoings and GST. Ty Blanch and Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Imagetec leases in Tuggerah Business Park

  LJH Commercial

  December 2011
  Imagetec Solutions Pty Ltd, importers and distributors of office document management equipment, have leased part of Unit 10, 1 Bounty Close, Tuggerah Business Park. Terms of the lease for the 90sqm area are 3 years with a 3 year option at a rental of $16,000 per annum. Ty Blanch and Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Factory unit leased at Tuggerah Business Park

  LJH Commercial

  December 2011
  CLM Infrastructure Pty Ltd has leased Unit 5, 22 Reliance Drive, Tuggerah Business Park.  This 200m² (approx) unit within a 16-unit complex was built 5 years ago.  Terms of the lease are 1 year with a 1 year option at a rental of $22,000 per annum plus outgoings and GST. Brad Rogers and Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Gosford CBD shop leased

  LJH Commercial

  December 2011
  Pristine Dog Grooming has leased Shop 3a, 344 Mann Street, North Gosford.  This will be Pristine Dog Grooming’s third outlet on the Central Coast adding to their Long Jetty & Toukley shops. Terms of the lease for this 70m² (approx) retail strip shop are 2 years with a 2 year option at a rental of $13,000 per annum including outgoings plus GST. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Tuggerah unit leased

  LJH Commercial

  December 2011
  Dojo-San Pty Ltd has leased Unit 5, 5a Pioneer Avenue, Tuggerah Business Park for use as a warehouse and distribution centre. Terms of the lease for the 372 sqm unit are 3 years with 3 year option at a rental of $24,000 per annum plus outgoings and GST. Ty Blanch and Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Berkeley Vale shops leased

  LJH Commercial

  December 2011
  Killarney Vale Pies and Cakes, a retail and wholesale bakery and cake business has leased Shop 2, 256 Lakedge Avenue, Berkeley Vale. Terms of the lease for the 60 sqm retail shop are 1 year with a 5 year option at a rental of $15,600 per annum plus outgoings and GST.
  Coastwide Therapy Services has leased Shop 1, 152 Lakedge Avenue, Berkeley Vale. Terms of lease for the 60 sqm shop are 2 years with a 2 year option at a rental of $14,400 per annum plus outgoings and GST.
  Ty Blanch and Chris Watson from LJH Commercial Central Coast negotiated both leases.

  
  

• Jeweller leases shop at Point Clare

  LJH Commercial

  December 2011
  

  Manufacturing jeweller, Rainbow’s End, has leased Shop 2, 41 Brisbane Water Drive, Point Clare. Terms of lease for the 66 sqm retail shop are 3 years plus 3 year option at a rental of $12,500 per annum plus outgoings plus GST. Ty Blanch and Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Unique business opportunities in Spiritual Insights Martial Arts Centre

  SIMAC

  December 2011
  Expressions of interest are being sought for the lease of space in a new project at Fountaindale from those interested in alternative and healing therapies.
  Lucky Dragon Property Pty Ltd which trades as The Spiritual Insights Martial Arts Centre (SIMAC) says this is a totally new concept offering only one key type of study, art and business in each specific field/category with long term security of tenure enabling the business value to appreciate and be easily sold as an exit strategy.  Five year terms with five year options are being offered at an affordable all-inclusive rental.
  The proposed Centre comprises not only people, but an entire natural collection of animals, plants and minerals interacting in a beautiful wetland setting over almost fourteen hectares.
  The SIMAC facility will operate over a full week both day and night.  Staff will be employed to oversee SIMAC memberships, book and pro shop sales and fee collection, the cost of which will be included in the rental structure.

  
  

• Out of the ashes rises a smart new building in Erina

  RCI Group

  December 2011
  

  Just before Christmas 2010 a small retail complex in Erina was destroyed by fire and now a year later Karalta Connect at 18 Karalta Road, (corner of Karalta Road and Karalta Lane) is under construction with completion planned for early 2012.
  Designed by EJE Architecture and project and construction managed by Ron Frankel of Charter.pac, the new building is fitted with opulent amenities and has been designed to give business maximum exposure.
  Designed with retailers in mind, the three ground floor tenancies offer floor to ceiling glass, with areas available from 46sqm to 270sqm.
  Twelve first floor tenancies have been designed with small business in mind with spacious suites featuring Receptionist/PA, broadband (NBN ready), boardroom, lift, on-site parking, ducted air-conditioning and multi-function centre.
  For more information on leasing or buying call Stephen Moore, RCI Group on 1431 690 000.

  
  

• Former Gosford call centre leased

  LJH Commercial

  November 2011
  Conveyor manufacturers and mining services company, Ellton Conveyors Pty Ltd, have leased the ground floor level of 280 Mann Street, Gosford (a former Centrelink Call Centre). The 2-level building comprises two 1,400 sqm floor levels fully air-conditioned and fitted out with offices and work desks throughout and lift from a 60 space lock up car park of which Ellton have taken 30 spaces. Lease terms are 5 years with 2 x 5 year options at an average rental over 4 years of  $318 sqm per annum. The lease was negotiated by Rob Willcox of Chapman & Frazer Real Estate.

  
  

• Gosford CBD leasing

  Coastal Property

  November 2011
  Bikram Yoga has leased the first floor of 118A Mann Street, Gosford.
  The 700sqm office space comprises full amenities, extensive fitout and ducted air-conditioning.  Terms of the lease are 5 years with 5 year option at a rental of $80,000 per annum including Outgoings plus GST. Brendan Byrne-Bates from Coastal Property Agents negotiated the lease.

  
  

• Gosford takeaway leased

  Coastal Property

  November 2011
  JC Catering has leased Shop 1, 353 Mann Street, North Gosford. The 26sqm shop which has operated as a takeaway for many years includes outdoor seating and is leased for 3 ½ years with no options at a rental of $14,336 per annum plus outgoings and GST. Brendan Byrne-Bates from Coastal Property Agents negotiated the lease.

  
  

• Laycock Street Wyoming units leased

  Coastal Property

  November 2011
  Three industrial units at 16 Laycock Street, Wyoming have been leased by Brendan Byrne-Bates of Coastal Property Agents. Units 1 and 2, a 00 sqm office and workshop unit has been leased by Born 2 Rock Music Studio for 3 years at a rental of $22,000 per annum including outgoings plus GST. Unit 3 a 00 sqm workshop unit has been leased to Highland Dance Studio for 2 years with 1 year option at a rental of $22,000 per annum including outgoings plus GST. Brendan Byrne-Bates from Coastal Property Agents negotiated the lease.

  
  

• Transport company leases at West Gosford

  Chapman & Frazer

  October 2011
  Transfreight Haulage Pty Ltd has leased Unit 8, 330 Manns Road, West Gosford. Terms of lease for the 233 sqm unit, built some 30 years ago, are 1 year with 2 year option at a rental of $16,500 per annum including Outgoings and GST. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Warehouse leased at Lisarow

  Chapman & Frazer

  October 2011
  A major local company has leased a 873 sqm warehouse building at 27 Awaba Street, Lisarow. The property is part of a large industrial development comprising a number of large metal clad buildings constructed about 35 years ago. Terms of the lease are 1 year with 1 year option at a rental of $52,840 per annum including Outgoings and GST. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Fountaindale industrial unit leased

  LJH Commercial

  October 2011
  Unit 2, 6 Ketch Close, Fountaindale has been leased to a manufacturer for storage and distribution. Terms of the lease for the 255 sqm unit are 2 years with 1 year option at a rental of $22,800 per annum including Outgoings plus GST. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• Berkeley Vale retail shop leased

  LJH Commercial

  October 2011
  Coastwide Therapy Services, a occupational therapy practice, has leased a retail shop at 1, 152 Lakedge Avenue, Berkeley Vale. Terms of the lease for the 64 sqm shop are 2 years with 2 year option at a rental of $14,400 per annum plus Outgoings and GST. The shop is part of a small group of retail strip shops servicing a residential area close to the lake. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• Mechanic leases Tuggerah workshop

  LJH Commercial

  October 2011
  Tuff Tune Performance has leased a 432 sqm mechanical workshop at Unit 3, 99 Gavenlock Road, Tuggerah. Terms of the lease are 3 years with 3 year option at a rental of $33,800 per annum including outgoings plus GST. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• North Wyong commercial property leased

  LJH Commercial

  October 2011
  Brisimwood Pty Ltd has leased Unit 3, 10 Donaldson Street, North Wyong. Terms of the lease for the 330 sqm unit are 5 years with 5 year option at a rental of $31,200 including outgoings plus GST. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• Steel fabricator leases at Tuggerah

  LJH Commercial

  October 2011
  Pacific Steel Fabrication Pty Ltd has leased Unit 7B, Johnson Road, Tuggerah for metal fabrication and associated commercial office and administration. Terms of the lease for the 435 sqm unit are 2 years with 2 year option at a rental of $28,000 per annum including Outgoings plus GST. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• North Gosford factory leased

  Chapman & Frazer

  September 2011
  An excavator company has leased a 266sqm brick factory with a lock-up front yard with a total area of 442 sqm at 25 Kirrawee Road, North Gosford. Terms of the lease are 2 years with 1 year option at a rental of $19,764 per annum plus Outgoings and GST. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Giftware company leases additional space at Somersby

  LJH Commercial

  September 2011
  LaVida Trading Pty Ltd, a wholesale giftware company, has leased additional warehousing space at Unit 10, 54 Gindurra Road, Somersby. Terms of the lease for the 282sqm unit are 6 months with a 6 month option at a rental of $22,560 per annum plus Outgoings and GST. Chris Waters and Mick Eyers from LJH Commercial Central Coast negotiated the lease.

  
  

• Courier leases at Tuggerah Business Park

  LJH Commercial

  September 2011
  Couriers Please Pty Ltd has leased 2 units with a total of 579sqm at 4 Teamster Close, Tuggerah Business Park. Terms of the lease are 1 year with 1 year option at a rental of $40,000 per annum including outgoings plus GST. Chris Waters and Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Solar company leases at Somersby

  LJH Commercial

  September 2011
  Solar PV Pty Ltd has leased 2 industrial units at 19 Kangoo Road, Somersby with a total area of 546sqm for warehousing and distribution purposes. Terms of the lease are 1 year with 1 year option at a rental of $49,178 per annum plus Outgoings and GST. Chris Watson and Mick Eyers from LJH Commercial Central Coast negotiated the lease.

  
  

• Tuggerah unit leased

  LJH Commercial

  September 2011
  Alpha Tubular Motors Pty Ltd has leased Unit 1 at 5 Bounty Close, Tuggerah Business Park. Terms of lease for the 285 sqm unit are 2 years with 1 year option at a rental of $25,000 per annum plus Outgoings and GST. Chris Watson and Ty Blanc from LJH Commercial Central Coast negotiated the lease,
  

  
  

• Fountaindale industrial unit leased

  Raine & Horne Gosford

  August 2011
  Branxton Glass and Aluminium Pty Limited have leased Unit 4, 6 Ketch Close, Fountaindale and will use it as an assembly, storage and distribution facility. Terms of lease for the 305sqm unit are 1 year with 1 year option at a rental of $24,000 per annum including Outgoings plus GST.

  
  

• Fitness business leases at Erina Plaza

  LJH Commercial

  August 2011
  The Cage Australia Pty Ltd, a company specialising in martial arts equipment, supplies and clothing, has leased Shop 4, 210 The Entrance Road, Erina known as Erina Plaza. Terms of lease for the 135sqm shop are 3 years with 3 year option at a rental of $35,000.00 per annum plus Outgoings and GST. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Platinum Erina office leased

  LJH Commercial

  August 2011
  A software development company has leased Suite 3.28 in the West Wing of the Platinum building at Erina. Terms of lease for the 52sqm suite is 3 years with 3 year option with annual CPI increases at a rental of $22,000 per annum plus outgoings and GST. A dedicated car space is included in the lease. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Erina Lifestyle centre attracts Photographer

  LJH Commercial

  August 2011
  Imagine Images has relocated from Erina Heights to Suite 19, 310 The Entrance Road, Erina, known as the Lifestyle building. Terms of lease for the 47 sqm suite is 1 year with 1 year option at a rental of $10,000 per annum plus Outgoings and GST. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Terrigal neighbourhood shop leased

  LJH Commercial

  August 2011
  Scenar Health Australia, a medical technology company specialising in pain management, has leased Shop 1, 14 Bellbird Avenue, Terrigal. Terms of the lease for the 54sqm shop are 3 years with 3 year option at a rental of  $17,400 per annum including outgoings and GST. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Engineering company leases at West Gosford

  LJH Commercial

  August 2011
  Ocean Trenching Technology, an engineering company that services submarine vehicles used for a large underwater trenching contract that has just started in Sydney, has leased 9 Yandina Road, West Gosford. Terms of lease for the property which comprises a 518sqm factory on a 1,394 sqm block is $50,000 per annum plus Outgoings and GST. The lease is for a period of 2 years with 2 x 2 year options. Mick Eyers from LJH Commercial Central Coast negotiated the lease.

  
  

• Somersby industrial unit leased

  LJH Commercial

  August 2011
  A sports car spare parts company has leased Unit 14, 21 Kangoo Road, Somersby for a warehouse and distribution facility. Terms of lease for the 311sqm unit is 3 years with 3 year option at a rental of $27,300 per annum plus outgoings and GST. Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Logistics company leases Lisarow property

  Chapman & Frazer

  August 2011
  A logistics and materials handling company has leased Unit 1, 161 Railway Crescent, Lisarow. The 30 year old 557sqm brick and metal clad factory has been leased for 3 years with 3 year option at a rental of $41,806 including Outgoings plus GST. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Plumber leases in Gosford

  Chapman & Frazer

  August 2011
  A plumbing contractor will set up a depot in Unit 1, 6 Donnison Street, Gosford West after signing a 1 year lease with a 1 year option on the property. Rental is $12,000 per annum including Outgoings and GST. The property comprises a 25-year old 121 sqm brick factory/warehouse with storage yard. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Charity leases at North Gosford

  Chapman & Frazer

  August 2011
  A community charity has leased a 202 sqm brick and besser block factory on a 445sqm block at 18 Wollong Street, North Gosford. Rental is $18,600 per annum including outgoings plus GST. Terms of the lease are 1 year with 2 year option. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Blind company at West Gosford

  Chapman & Frazer

  August 2011
  Kincumber Blinds have leased a 194 sqm industrial unit at 7 Daintree Place, West Gosford. The unit is part of a modern industrial concrete panel and glass facade complex built about 10 years ago. Terms of the lease are 2 years with 1 year option at a rental of $18,137 per annum including GST plus Outgoings. Geoff Broadhurst from Chapman & Frazer Real Estate negotiated the lease.

  
  

• Law firm leases Gosford CBD office suite

  LJH Commercial

  August 2011
  Alpha Lawyers Pty Ltd has leased Suite 7 on Level 2 of 120 Erina Street, Gosford. Terms of the lease for the 70sqm are 3 years with no options at a rental of $11,000 per annum including Outgoings plus GST. Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• North Wyong industrial units leased

  LJH Commercial

  July 2011
  A glass and glazing supply company has leased Unit 1 and 8 Willowtree Road, North Wyong. Terms of the lease for the 166 sqm unit are 3 years plus 3 year option at a rental of $10,080 per annum plus Outgoings and GST. Allcoast Gutter Guard has leased Unit 4 at the same address. Terms of the lease for the 166 sqm unit are 3 years with 3 year option at a rental of $10,080 per annum plus Outgoings and GST. Mark Davies from LJH Commercial Central Coast negotiated the lease.

  
  

• Camping Megastore leases Somersby warehouse

  Chapman & Frazer

  July 2011
  Camping Megastore has leased Unit 5, a 993 sqm warehouse 2 Pile Road Somersby (on the corner with Pacific Highway). Terms of the lease are 3 years with 3 year option at an annual rental of $75,000 per annum plus Outgoings and GST. The unit is part of a larger concrete complex built about ten years ago. The lease was negotiated by Geoff Broadhurst from Chapman & Frazer Real Estate Gosford.

  
  

• Wyong takeaway leased

  LJH Commercial

  July 2011
  A takeaway food store at 108 Pacific Highway, Wyong (corner of Alison Road) has been leased to new operators. Terms of the lease are 3 years with two 5 year options at a rental of $26,000 per annum plus or minus og and gst. Mark Davies from LJH Commercial Central Coast negotiated the lease.

  
  

• Tuggerah Business Park office suite leased

  LJH Commercial

  July 2011
  Financial Management Solutions Pty Ltd have leased Unit 5 at 1 Pioneer Avenue, Tuggerah Business Park. Terms of the lease for the 200 sqm unit are 5 years with 3 year option at a rental of $60,973 per annum plus Outgoings and GST. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• Wesley Mission leases at Tuggerah Business Park

  LJH Commercial

  July 2011
  The Wesley Mission has leased Unit 3, 5 Colony Close, Tuggerah Business Park. Terms of the lease for the 600 sqm unit are 3 years with 3 year option at a rental of $125,000 per annum including Outgoings plus GST. The unit is one of three freestanding commercial units on the site. Chris Watson and Ty Blanch from LJH Commercial Central Coast negotiated the lease.

  
  

• Somersby industrial unit leased

  LJH Commercial

  July 2011
  Undercover Furnishings Pty Ltd have leased Unit 3, 54 Gindurra Road, Somersby. Terms of lease for the 188 sqm unit are 2 years with 2 year option at a rental of $20,727.24 including Outgoings GST not applicable. Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Lifestyle at Erina

  LJH Commercial

  June 2011
  Living On, a recently introduced heated yoga business, has leased Suite 3, a 120sqm suite at 310 The Entrance Road, Erina located on the 1st floor of the Lifestyle Centre. Terms of the lease are 2 years with 2 year option at a rental of $24,000 per annum plus outgoings and GST. Living On compliments the existing Anytime Fitness Centre, Beach Pre-school, Hair & Beauty Central and other lifestyle businesses. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• West Gosford factory unit leased

  LJH Commercial

  June 2011
  Tefco Engineering has leased Unit 26, a 400 sqm factory unit at 13 Gibbens Road, West Gosford. Terms of the lease are one year with a one year option at a rental of $43,000 per annum including outgoings plus GST. Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Financial planners lease at Tuggerah Business Park

  LJH Commercial

  June 2011
  Financial Management Solutions Pty Ltd have leased Unit 5, a 200 sqm ground floor commercial office suite, at 1 Pioneer Avenue, Tuggerah Business Park. Terms of the lease are 5 years with 3 year option at a rental of $60,973.00 plus Outgoings and GST. Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• West Gosford factory unit leased

  Chapman & Frazer

  June 2011
  Fitness Cycling has leased Unit 8, a 141 sqm factory unit at 6 Tathra Street, West Gosford with a frontage to Carnarvon Road. Terms of the lease are 3 years with 4 year option at a rental of $17,550 per annum including outgoings plus GST. Geoff Broadhurst from Chapman & Frazer Real Estate Gosford negotiated the lease.

  
  

• Distribution company leases at Lisarow

  LJH Commercial

  May 2011
  Pack it Industries Pty Ltd have leased a 536 sqm freestanding industrial/ warehouse building on a 4,296 sqm industrial zoned lot at 4 Sunnybank Road, Lisarow. Terms of the lease are 3 years with 3 year option at $50,000 per annum including Outgoings plus GST.
  The property will be used for warehousing and distribution of water tanks and related equipment. Chris Watson from LJH Commercial Central Coast negotiated the lease.

  
  

• Wyoming accountants relocate

  LJH Commercial

  May 2011
  W.I.T.P Accountants have relocated to ground floor premises at Unit 8, 470 Pacific Highway, Wyoming. Terms of the lease for the 90 sqm suite are 3 years with 3 year option at a rental of $25,000 per annum including outgoings plus GST. Chris Watson and Brad Rogers from LJH Commercial Central Coast negotiated the lease.

  
  

• Mechanic leases at Kincumber

  Chapman & Frazer

  May 2011
  An automotive and marine repair business has leased Unit 8, a 135 sqm unit at 6 Kerta Road, Kincumber. Terms of the lease for the unit which includes an external storage area are 5 years with 5 year option at a rental of $19,800 including Outgoings, GST not applicable. The property is of Besser Block construction built in the mid-1970’s. The lease was negotiated by Geoff Broadhurst of Chapman & Frazer Real Estate Gosford.

  
  

• Compass Housing leases at Tuggerah Business Park

  LJH Commercial

  May 2011
  Compass Housing has leased a 270 sqm ground floor suite at H2 Reliance Drive, Tuggerah Business Park. Terms of the lease are 5 years with 5 year option at a rental of $54,000 per annum plus outgoings and GST. Ty Blanch of LJH Commercial Central Coast negotiated the lease.
  

  
  

• Glazing company leases Tuggerah industrial unit

  LJH Commercial

  May 2011
  Architectural glazing company, Atlantic Glass Australia Pty Ltd, has leased a 217sqm industrial unit at 15-17 Ace Crescent, Tuggerah. Terms of the lease for Unit 9 are 2 years with 2 year option at a rental of $16,000 per annum plus Outgoings and GST. Chris Watson and Ty Blanch negotiated the lease.

  
  

• Short lease for furniture manufacturer

  Chapman & Frazer

  May 2011
  A custom furniture manufacturer has taken a 12 month lease with similar option on a 116 sqm factory unit at 1 Hereford Street, Berkeley Vale. Terms of the lease for Unit 6 are 1 year with 1 year option at a rental of $9,350 per annum including Outgoings and GST. The unit is part of a six unit complex of Besser Block construction built about 35 years ago. The lease was negotiated by Geoff Broadhurst of Chapman & Frazer Real Estate Gosford.

  
  

• Invocare leases at Tuggerah

  LJH Commercial

  May 2011
  Invocare Australia which owns and operates funeral homes and crematoria across Australia, has leased an office warehouse at 2 Morton Close, Tuggerah. Terms of the lease are 5 years with 5 year option at a rental of $60,000 per annum plus Outgoings and GST. The property includes a large hardstand area and wash bay at the rear of Unit 1 which is approximately 579sqm in total with high clearance on a 2,515 sqm lot. The lease was negotiated by Ty Blanch and Brad Rogers of LJH Commercial Central Coast.