ERINA Investor buys Platinum office suite An investor has bought Suite 3.29 in the Platinum Building, 4 Ilya Avenue, Erina paying $390,000 (GST not applicable). The 51sqm suite was bought with a short term lease in place. Brad Rogers from RWC Central Coast negotiated the sale.   TUGGERAH Investor buys Tuggerah warehouse unit off-market with 5.68% yield A local investor has bought Unit 1, 42-44 Gavenlock Road, Tuggerah paying $1,630,000 (GST not applicable). The 440sqm unit is le...

In economics, a bail out culture occurs when poorly performing organisations are kept afloat by large injections of public money. Economist Thomas Sowell once quipped: “Bailouts are like potato chips: You can't stop with just one.” That’s because the bail out, in averting a financial crisis, removes the incentive for immediate reform.  And this makes another bail out inevitable. This is where Central Coast Council finds itself. After the 2021 financial crisis, C...

When Melissa and Gary Marshall acquired the Signarama Tuggerah business in 2019 they made a commitment to move to sustainable signage systems with eco-friendly practices in their printing processes and using environmentally friendly materials for signage. Their aim was to create signage that minimises its impact on the environment. This initiative and the decision to buy the most up to date technology in the industry has played a pivotal role in boosting their revenue by 25%. They have gain...

The HIA has conferred Life Membership to Umina Beach builder Craig Smythe from Adbuild Constructions in recognition of his service to the residential construction industry over the last 35 plus years. He becomes only the third HIA Hunter member to receive this prestigious award. In 1999 Mr Smythe became a member of HIA, and very quickly became involved with HIA events on the Central Coast.  It was at these events that his enthusiasm for the diversity of issues the industry faces was fi...

Mid March saw popular local radio station Star 104.5 celebrate their 20th anniversary with a cocktail party at Kooindah Waters Resort with 250 guests that included clients, staff and partners. Hosted by breakfast announcer Gina Jeffreys and Programme Director Shayne Sinclair the event saw Nova Entertainment, owner of Star 104.5, CEO Peter Charlton congratulate Paul Moltzen and staff for their outstanding success over twenty years.  Other top executives from Nova Entertainment included; ...