Local billionaire property developer and financier, Tony Denny has written to Central Coast Council giving them until April 5th to respond to a Development Application on land within the East Wadalba land release area. The land, comprising 6.7 Ha at 60 -70 Jensen Road, Wadalba is subject to a Development Application for a 84 lot subdivision lodged in early 2022. Mr Denny is acting as Mortgagee-in-Possession in respect of the land and is working with the five owners who were unable to discha...

The WELRA comprises an area of some 143 ha of land with potential for 1,500 homes, originally announced by Wyong Council in 2012 and finally rezoned in December 2020 and becoming effective on 31 July 2021. It included a Wildlife Corridor which through Council’s further review, that eliminated about 300-500 home sites. Following the rezoning the Land Owners took steps to develop their land in accordance with an adopted Development Control Plan and approved Masterplan for the WELRA. How...

A car yard and mechanics workshop on the corner of The Entrance Road and Venice Street, Long Jetty is about to become a garden nursery. The 790sqm  property, that had been in the same ownership for 50 years, was sold at auction in late 2023 for $1,101,000 (GST not applicable) saw Luv it Landscapes successfully outbid one other bidder that saw the price creep up with 76 bids. In the end it sold $121,000 above the reserve. The property was sold through Brad Rogers from Ray White Co...

Clover Brothers Pty Ltd, operators of the East Gosford newsagency have leased new premises on the corner of Central Coast Highway and Victoria Street East Gosford (47 Victoria Street). Rent paid for the 332sqm former restaurant is $54,000 plus Outgoings and GST on a 5 year lease with 2 x 5 year options. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the lease. ...

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