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Posted in Property

6.0% return for Sydney investor on Wyoming property

Posted by Edgar Adams on 9 November 2020
A Sydney investor has paid $1,020,000 (GST not applicable) for an investment property at 30 Renwick Street, Wyoming showing a net yield of 6.0% per annum. The property comprises a well established purpose-built 250 sqm medical centre built in the 1980's on a 816 sqm block with two street access and parking and includes 2-bedroom residential unit upstairs. Lease terms are 5 years x 5 years of which 4 years remain on the option at a rental of $61,198,90 net plus GST. The property ha...
Posted in:Property  

Local manufacturer leases Somersby unit

Posted by Edgar Adams on 9 November 2020
A local manufacturer has leased Unit 2, 24 Pile Road, Somersby. Unit 2 is a high clearance warehouse of 560 sqm with upstairs air-conditioned office of 90 sqm with reception, manager's office, open plan space, meeting room, kitchenette and bathroom. is part of a complex of 3 united with excellent neighbouring tenants. Terms of lease were 3 years with 3 year lease at a rental of $77,500 plus Outgoings and GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the le...
Posted in:Property  

WYONG BUSINESS PARK SITE PLAN

Posted by Edgar Adams on 3 August 2020
The fast growing digital advertising agency TALK Agency has relocated from Tuggerah Business Park to Wyong Business Park on Pacific High opposite Wyong Golf Course taking 437sqm of space that will give them space to grow even more. Wyong Business Park is at the centre of the Central Coast Northern Growth Corridor identified in the Central Coast Growth Plan 2036, which runs from Warnervale to Tuggerah with the Pacific Highway running right through it.. TALK is just one of many businesses...
Posted in:Property  

Absolute Waterfront & A Brand New Build 125b Albany Street, Point Frederick

Posted on 9 March 2020
Absolute Waterfront & A Brand New Build 125b Albany Street, Point Frederick
Nestled on the waterfront at Point Frederick is this architecturally designed, brand new home. There are beautiful water views, and the use of opaque windows has provided privacy. The well-appointed kitchen with butler's pantry forms part of the open plan dining and living area, that melds easily with the Alfresco living space. The pebble and glass-beaded swimming pool has internal lighting, there is a water access point and a jetty is potentially permissible (STCA). The master ...
Posted in:Property  

Tony Denny's luxury beachfront penthouse for auction

Posted by Edgar Adams on 3 February 2020
Tony Denny's luxury beachfront penthouse for auction
Terrigal's most prestigious beachfront penthouse will go under the hammer on Saturday 29 February as Central Real's newly completed Elysium development unveils its exclusive luxury penthouse for auction as part of its final release. Tony Denny said "it's a once in a lifetime" opportunity. You just won't find an apartment of this size or location and panoramic water views to the Terrigal haven and right around to Wamberal beach and the lagoon. "We've ...
Posted in:Property  
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