CCBR Business Review

19 P R O P E R T Y N E W S A company based in the Kuringai Industrial Estate is relocating and has bought Unit 6 at 21 Kangoo Road, Somersby. The unit comprises 285sqm ground floor area with amenities plus a 64sqm mezzanine It is part of a 22 unit complex built about 15 years ago. Price paid was $920,000 (GST not applicable). Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale. Local investor buys Wyong unit A local investor has paid $350,000 (GST not applicable) for a 124sqm unit in a 18 unit factory/warehouse complex at 9-11 Willow Tree Road, North Wyong. Unit 6 was last traded in 2008 for $132,000 (Source: RPData) Mark Davies from Raine & Horne Commercial Central Coast negotiated the sale. Umina Beach retail sold Shop 1, at 311 Trafalgar Avenue, Umina Beach, a 112sqm air conditioned retail space with 20sqm external alfresco area and full size kitchen has sold for $697,500 (GST not applicable). The buyer is the operator of a successful pizza business and will trade as ‘On A Roll’ Pop Up Shop. The 311 Trafalgar Avenue property is a shop top development with street level retail and three residential levels built around 2001. It is directly opposite Aldi and West Street. Mt Kuringai company relocates buys in Somersby CENTRAL COAST BUSINESS REVIEW OCTOBER 2022

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