Posted in Property

A local owner occupier has bought Unit 6, 6 Kerta Road, Kincumber. Price paid was $785,000 (GST not applicable) for the 182sqm unit. Anthony Scarcella from Belle Property Commercial negotiated the sale.

A local business owner has purchased Unit 1. 6 Hereford Street, Berkeley Vale paying $4,050,000 (GST not applicable). The unit comprises 2,618sqm warehouse with office space and amenities including kitchenette plus 820sqm super-awning and hardstand. The property is currently leased...

Anytime Fitness has leased Unit 6 of 1,543 sqm at 184-186 Pacific Highway, Tuggerah. Terms of lease are 10 years with 10-year option at an undisclosed rental. The unit is part of a recently developed complex comprising 6 units including...

inLIFE Wellness Pilates Studio has leased a 290sqm space on the 1st floor of 29-37 George Street, Woy Woy. Terms of lease are 5 years with 5 year option at a rental of $62,000 including Outgoings and GST. Karen Aubrey...

A window and door manufacturer has leased Unit 10 at 16 Stockyard Place, West Gosford. The unit comprises 148sqm warehouse area plus 66sqm mezzanine office and showroom area. Terms of lease are 2 years with no option at a rental...

A Central Coast manufacturer has purchased Unit 19, 218 Wisemans Ferry Road, Somersby paying $930,000 (GST not applicable). The unit comprises 257sqm ground floor area plus 44sqm mezzanine office and amenities. The unit as part of a 19 unit complex...

A local investor has purchased Unit 2, 22 Reliance Drive, Tuggerah Business Park paying $690,000 (GST not applicable). The 240sqm unit comprises 190sqm ground floor space with additional well appointed office and showroom areas. The property returns $42,000 gross per...

A local construction company has paid $2.1 million plus GST at auction for a vacant industrial property at 10 Dignity Crescent, West Gosford. The property comprises  651sqm building including warehouse spread over four units with office and amenities on a...

Construction of FORTIS, the largest industrial precinct in West Gosford comprising 82 units in seven buildings has been completed. Located at 13 Jusfrute Drive businesses have started moving in. The development brings the largest collection of industrial and commercial strata...

Ty Blanch Licensee in Charge at Knight Frank Central Coast reviews the commercial property market over the past year. He notes the widening gap between rental sales and prices and says there is strong interest in retail property from investors.