PROPERTY SALES & LEASES in MAY 2024

Allied health professional buys East Gosford commercial cottage

A speech pathology business has purchased a free standing commercially zoned cottage at 6 Wells Street, East Gosford.

The property had been held by the previous owner for over 24 years.

It comprises 144sqm cottage on a 538sqm lot close within the East Gosford retail precinct.

Price paid was $850,000 (GST not applicable).

Brad Rogers and Michael Hanson from Ray White Commercial Central Coast negotiated the sale.

OOO

GOSFORD

Education provider leases in Gosford

Novus College, an education provider with a Campus in Sydney has leased Shop 5 at 131 Henry Parry Drive, Gosford (known as Park Plaza).

Terms of lease for the 106sqm premises are 2 years with no option at a rental of $52,000 per annum including Outgoings plus GST.

Michael Hanson and Brad Rogers from Ray White Commercial Central Coast negotiated the lease.

OOO

Food shop leased at San Remo

Shop 2 at 45 Liamena Avenue, San Remo as been leased to a takeway food shop operator.

Terms of lease for the 70sqm shop are 3 years with no option at a rental of $33,800 per annum plus Outgoings and GST.

Michael Hanson and Brad Rogers negotiated the lease.

OOOO

Fitness centre leases at The Entrance

Plus Fitness 24/7 has leased a 550sqm office/retail space at 26 Torrens Avenue, The Entrance.

Terms of lease are 5 years with 5 year option at a rental of $120,000 per annum including Outgoings plus GST.

Ben Purdue from LJ Hooker Commercial Terrigal negotiated the lease.

OOOO

Builder leases office on Tuggerah Straight

Builder, GJ Gardner Homes Central Coast has leased a 293sqm retail/office space at 168 Pacific Highway, Tuggerah.

Terms of lease are 5 years with 5 year option at a rental of $50,000 per annum including Outgoings plus GST.

Ben Purdue from LJ Hooker Commercial negotiated the lease.

OOOO

Master Builders Association leases Tuggerah Business Park unit

The Central Coast branch of the Master Builders Association has leased Unit 1 at 22 Reliance Drive, Tuggerah Business Park.

Terms of lease for the 361sqm unit are 2 years with 2 year option at a rental of $48,000 per annum including Outgoings plus GST.

Mark Davies and Brad Rogers from Ray White Commercial Central Coast negotiated the lease.

OOO

Wholesaler leases in Tuggerah Business Park

A wholesale hospitality business has leased Unit 3 at 4 Reliance Drive, Tuggerah Business Park.

Located at the rear of a small boutique development the unit comprises a total area of 806sqm

Terms of lease are 2 years with 2 year option at a rental of $105,300 including Outgoings plus GST.

Brad Rogers and Mark Davies from Ray White Commercial Central Coast negotiated the lease.

OOO

Community support company leases in Tuggerah Business Park

Community support company, Support Central Co, has leased Unit 3, 8 Pioneer Avenue, Tuggerah Business Park.

Terms of lease for the 175sqm unit are 1 year with 2 year option at a rental of $34,000 per annum

Brett Dowling and Ty Blanch from Knight Frank Central Coast negotiated the lease.

OOO

Beverage company buys unit in North Wyong estate

A local bitters and liqueur business has purchased Unit 12 at 9-11 Willow Tree Road, Wyong paying $420,000 plus GST.

The 117sqm unit is part of a multi-unit complex built about 15 years ago.

Ty Blanch and Brett Dowling from Knight Frank Central Coast negotiated the sale of the property.

Food business leases Wyong shop

A fully fitted out food shop in a commercial complex at 142 Pacific Highway, Wyong has been leased to a new operator.

Terms lease for the 144 sqm shop are 2 years with 2 year lease at a rental of $20,000 per annum plus Outgoings and GST

Brett Dowling and Ty Blanch from Knight Frank Central Coast negotiated the lease.

OOO

RSL LifeCare leases freestanding Wyong building

RSL LifeCare has leased a freestanding brick building at 31 Hely Street in the heart of Wyong Town Centre

Built about 40 years ago 253sqm building on a 1,012sqm lot comprises 12 office/meeting rooms, fully equipped kitchen and amenities with ducted air conditioning.

Zoning is E2 Commercial Centre.

RSL LIfeCare will establish a RSL Veterans Wellbeing Centre after securing $1.7 million in funding from the Australian Government.

Terms of lease are 5 years with 5 year option at a rental of $75,000 per annum plus Outgoings and GST.

Wayne Ballard from DIJones Commercial negotiated the lease.