17 PROPERTY NEWS Accelerating success. 18 Donaldson St & 3 Willow Tree Rd, Wyong Ben Curran 0401 208 088 colliers.com.au/p-AUS66028301 Returning $234,000* net pa (plus GST) Long standing tenant Site area 6,012m²* GLA 1,261m²* *Approx. Strategic corner position with future development upside Freestanding investment opportunity - New 10 year lease secured Auction Mick Hanson 0420 307 216 Auction 19 June at 10:30am Ground Floor, 18 Honeysuckle Drive, Newcastle of $35,000 per annum plus Outgoings and GST Listing agent was Knight Frank Central Coast. Ben Purdue from LJ Hooker Commercial negotiated the lease. A Erina mechanic specialising in European vehicles has leased 735sqm of space including ground floor office and warehouse at 197 The Entrance Road, Erina to expand their business. The property of timber construction was completed in 2024.Terms of lease are 5 years with 5 year option at an undisclosed rental. Brad Rogers from RWC Commercial negotiated the lease Erina mechanic expands – leases new premises Sydney investor buys retail in Niagara Park shopping centre A Sydney investor has bought shops 7 and 9 in the Niagara Park shopping village, 16 Washington Avenue, Niagara Park paying $571,000 (GST not applicable). The 144sqm retail space is leased to Cake & Plate – Dessert Bar and Retail Emporium on a 5 year lease expiring October 2027 with 3 year option at a rental of $34,611 plus Outgoings and GST. The property last sold in April 2023 for $495,000 (Source: RPData). Ben Purdue from LJ Hooker Commercial negotiated the sale. Car wholesaler leases at Tuggerah A used car wholesaler has leased Unit 6 and 57-59 Gavenlock Road, Tuggerah. Terms of lease for the 158sqm unit are 3 years with 3 year option at a rental Pilates business leases at Wamberal Liberty Pilates has leased a 45sqm shop at 82 Ocean View Drive, Wamberal. Terms of lease are 3 years with 3 year option at a rental of $45,000 per annum plus Outgoings and GST. Michael Flood from DiJones Commercial Central Coast negotiated the lease. Landscaping company leases at Somersby A landscaping company has leased Unit 12 of 60sqm in the Zreicon development at 4 Triennium Road, Somersby. The unit part of a unique multi-level industrial development comprising 19 ground floor units and 14 upper floor units in the Somersby Industrial Estate. Terms of lease are 2 years with 1 year option at a rental of $15,000 per annum plus Outgoings and GST Tom Bore from LJ Hooker Commercial negotiated the lease CENTRAL COAST BUSINESS REVIEW JUNE 2025
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