19 PROPERTY NEWS Mark Davies 0422 442 858 Central Coast 7-8/23 Amsterdam Circuit, Wyong For Sale | Price Reduced Commercial Central Coast rhc.com.au/centralcoast •Zoned E3 Productivity Support •Off Street Common Parking •Gated and Secured Complex •Concrete Sealed Yard Area Developer buys West Gosford residential site A developer has paid $1,050,000 (GST not applicable) for a 656 sqm residential block with currently leased knock-down cottage thereon. The property was last traded in 2016 for $450,000 (Source: RPData) Brett Hunter from DiJones Commercial Central Coast negotiated the sale. Owner occupier buys Tuggerah unit A local owner occupier has purchased Unit 7 at 22 Reliance Drive, Tuggerah Business Park. The 255sq unit is part of a 16 unit complex built in 2006 Price paid was $803,000 including GST. Ben Purdue from LJ Hooker Commercial Terrigal negotiated the sale. A local investor has paid $6,820,000 including GST for two adjoining properties at 5 and 7 Bonnal Road, Erina comprising 5 units all with vacant possession. 5 Bonnal Road was built in 1974 and 7 Bonnal Road was built in 1985 by a Sydney builder who retained ownership until now. The two buildings comprise 1,994sqm on a 3,706sqm site. The sale was negotiated by Ben Purdue from LJ Hooker Commercial Terrigal who said that the new owner would be leasing up all units in a tight Erina market. Investor buys vacant Erina industrial complex Investors buy in Tuggerah Business Park complex Two investors have each bought an industrial warehouse unit in 12 Reliance Drive complex at Tuggerah Business Park developed in 2021. Until 14 of 144sqm + 70sqm Mezzanine sold for $686,000 (GST not applicable) Unit 15 of 144 sqm sold for $576,000 (GST not applicable) The sales were negotiated by Brett Hunter and Rick O’Toole from DiJones Commercial Central Coast. Sydney business buys Somersby industrial A Sydney retail chain has purchased 150 Somersby Falls Road, Somersby with plans to extensively renovate and use as warehousing and distribution centre for their operations. The 1,375 sqm property with an industrial building that is incomplete with plumbing, drainage, electrical, partial external walls, driveway and parking area yet to be completed, had been on the market for 123 days. Ben Purdue from LJ Hooker Commercial Terrigal negotiated the sale CENTRAL COAST BUSINESS REVIEW SEPTEMBER 2023
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