3 May 2023
Brisbane Water Legacy has appointed CBRE to market Lot 2 of their Masons Parade, Point Frederick property which comprises a 100% freehold interest in Part 51-57 Masons Parade, Point Frederick.
The funds released from this sale will assist in financing the redevelopment of the remainder of the site (see below).
Known as Lot 2, the property offers investors and developers a large-scale redevelopment opportunity (STCA) with a favourable leaseback in place.
The property is zoned B4 Mixed...
3 May 2023
Gary and Vickey Taylor who operate Burbank House & Garden Centre at Erina Heights have opened a new garden centre at Mt White adjacent to John Singleton’s Saddles Restaurant.
Located in a building built by the John Singleton Group The business is Managed by Donna Galea. The garden centre and restaurant form part of Mr Singleton’s vision for the 10-hectare Mt White precinct that will eventually include a luxury boutique hotel.
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3 May 2023
A report by Adele Ferguson in the Sydney Morning Herald of 21 April that the NSW workers compensation scheme outfit icare (Insurance and Care NSW) is over a billion dollars in the red and is asking the new State Government to approve a premium hike of 33% should be a major concern to every employer in the state.
The issue was first brought to light in November last year by the SMH but ignored by the Liberal Treasurer and Finance Minister.
It says NSW Treasury has raised concerns about the f...
3 May 2023
Acquired by Newcastle property developer Winarch Capital in July 2021, Warner Business Park, the 89-hectare industrial block at 671-811 Hue Hue Road and 225 Sparks Road Jilliby is the largest industrial and business development site on the Central Coast, and it has been a sell-out.
Winarch acquired the site with Development Approval for an industrial sub-division to be developed in 4 stages comprising 69 lots.
Sales Agent for the project, Colliers Newcastle’s Ben Curran told CCBR that...
3 May 2023
Two articles in this issue of CCBR highlight the region’s chronic need for industrial zoned land which is aggravated by Council’s reluctance to get the message and support developers trying to bring land to market.
Our article on Page 17 – Warner Business Park hot property followed by a report on the recent Valuer General’s new land valuations on Page 20 – Industrial land values jump 46% in 12 months, should be all the evidence that Council needs to change their...
