Posted in Property

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...

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...

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...

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...

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 ...