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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  

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  

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  

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  

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