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Posted in Property

Long Jetty car yard sells at auction

Posted by Edgar Adams on 11 March 2024
Long Jetty car yard sells at auction
A car yard and mechanics workshop on the corner of The Entrance Road and Venice Street, Long Jetty is about to become a garden nursery. The 790sqm  property, that had been in the same ownership for 50 years, was sold at auction in late 2023 for $1,101,000 (GST not applicable) saw Luv it Landscapes successfully outbid one other bidder that saw the price creep up with 76 bids. In the end it sold $121,000 above the reserve. The property was sold through Brad Rogers from Ray White Co...
Posted in:Property  

Sydney investor buys Somersby industrial unit

Posted by Edgar Adams on 11 March 2024
Sydney investor buys Somersby industrial unit

Industrial equipment supplier Ammermann Group has paid $1,145,000 (GST not applicable) at auction for a 306sqm industrial unit comprising warehouse, showroom and amenities plus 90sqm mezzanine  with air conditioned offices and additional 90sqm storage space.

The auction saw one investor and one owner occupier bidding for the property.

The auction negotiated through Karen  Andrews from Knight Frank
Posted in:Property  

Newsagent leases at East Gosford

Posted by Edgar Adams on 11 March 2024
Newsagent leases at East Gosford
Clover Brothers Pty Ltd, operators of the East Gosford newsagency have leased new premises on the corner of Central Coast Highway and Victoria Street East Gosford (47 Victoria Street). Rent paid for the 332sqm former restaurant is $54,000 plus Outgoings and GST on a 5 year lease with 2 x 5 year options. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the lease. ...
Posted in:Property  

Properties for Sale and Lease

Posted by Edgar Adams on 11 March 2024
COMMERCIAL PROPERTY TO LEASE IN GOSFORD Free standing Office Building / Medical Rooms 350 Mann Street, Gosford Raine & Horne Commercial Central Coast rhcommercial.com.au/centralcoast  Agent Geoff Tilden – Email geoff.tilden@gosford.rh.com.au   COMMERCIAL PROPERTY TO LEASE IN ERINA Suite 17 & 18, Fountain Corporate, Erina Commercialhq commercialhq.com.au Agent Nicole Barr – Email  nikky@commercialhq.com.au   NEW COMMERCIAL PROPERTY TO LEASE IN...
Posted in:Property  

Long Jetty motel property brings $5.1 million.

Posted by Edgar Adams on 6 November 2023
Long Jetty motel property brings $5.1 million.
A Sydney investor has paid $5.1 million for a motel property at 309a The Entrance Road, Long Jetty at an auction in early October that saw ten registered bidders attend. Chris Lamont, Principal at Brand Property The Entrance who conducted the auction said that the buyer plans to refurbish and reestablish the property as a motel which has not operated as such since 2017. Built about 40 years ago and originally known as The Reef Resort Motel the 3,349sqm property is on the corner of The Entra...
Posted in:Property  
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