Sydney based packaging company has leased Unit 1 of 720sqm at 35 Somersby Falls Road, Somersby.

Terms of lease are 2 years with 1 year option at a rental of $123,000 per annum including Outgoings plus GST.

The lease was negotiated by Michael Hanson and Mark Davies from Ray White Commercial Central Coast

Completed toward the end of 2023, the Brand Group’s Racecourse Industrial Centre at 9 Blackett Street, West Gosford (behind Gosford Racecourse) has seen all 39 units sold prior to completion. The Blackett Street site comprises a total of 1.607 hectares with the developed site occupying 8,813sqm Indicating the demand for industrial units marketing for the project commenced in early 2022 and most were sold off-the-plan within six months. Unit sizes range from 41 – 57 sqm with the...

Construction has started on the FORTIS industrial development that will see 82 industrial units built over a 3.11 Ha site at 13 Jusfrute Drive, West Gosford. Comprised in seven separate buildings over the site behind the West Gosford Shopping Centre the development saw all units sold off-the-plan through DiJones Commercial following a marketing campaign during 2023. Unit sizes range from 35sqm to 146sqm Prices range from $4,100 per sqm to $5,400 per sqm. Commenting on the demand for small...

Acquired by Newcastle property developer Winarch Capital in July 2021, Warner Business Park, the 89-hectare industrial block at 671-811 Hue Hue Road and 225 Sparks Road Jilliby is the largest industrial and business development site on the Central Coast, and it has been a sell-out. Winarch acquired the site with Development Approval for an industrial sub-division to be developed in 4 stages comprising 69 lots. Sales Agent for the project, Colliers Newcastle’s Ben Curran told CCBR that...

The latest land values on the Central Coast issued in late January by the NSW Valuer General reveal that Industrial land values have increased by 46.1% between 1 July 2021 and I July 2022. Acknowledging the opening of the NorthConnex linking the M1 Motorway and shortening of travel times from the region into Sydney metropolitan area the VG attributes the rise in values to permanent migration and business relocations.   The land value trends for properties over the period were: Proper...