CCBR Business Review

16 P R O P E R T Y N E W S TALK Agency relocates to Wyong Business Park The fast growing digital advertising agency TALK Agency has relocated from Tuggerah Business Park to Wyong Business Park on Pacific High opposite Wyong Golf Course taking 437sqm of space that will give them space to grow even more. Wyong Business Park is at the centre of the Central Coast Northern Growth Corridor identified in the Central Coast Growth Plan 2036, which runs from Warnervale to Tuggerah with the Pacific Highway running right through it.. TALK is just one of many businesses taking up space in this new 8.26 hec- tare Park being developed by Gibbens Group. TALK are located in one build- ing along with Glee Coffee Roasters, Central Life Christian Church, Patched and Pieced, Training Wheels and Evolve Performing Arts dance studio Wyong Business Park will be home to the new ING Australia call centre now under construction (See Page 7). Other major tenants include Donaldson Australia, whose Global Headquarters are located nearby, Simply Storage and Sparkle Pool Interiors. Sydney buyer outbids for Wyoming child care centre Some 15 registered bidders turned up for the auction of a Department of Housing community centre at 90 Maidens Brush Road, Wyoming on 4th July. In the end it got down to three bidders, all from Sydney, who bid the price up to $1,362,000 - $462,000 over the reserve. The property on a 1,992 sqm site area comprised a 360 sqm childcare centre had DA Approval for a 45 child childcare centre. R2 zoned site with a surplus land area allowing for compatible uses incl. medical centre, residential, land subdivision (mini- mum lot size 550sqm), townhouse devel- opment or home business (STCA). Selling agent was Anthony Scarcella from LJ Hooker Commercial Central Coast LEASINGS Café adjoining ATO Building leased The café in the heritage listed building on the corner of Mann Street and Georgiana Terrace, Gosford and adjoining the ATO building has been leased to Ooomph Australia Pty Ltd Trading as Bouffant, a Central Coast bakery. The property had been leased to the operators of Jimmy G’s which closed at the end of 2019. Terms of lease for the 118 sqm space is 5 years with 5 year option at a rental of $50,000 per annum including Outgoings plus GST Daniel Mason from Chapman & Frazer Commercial Real Estate negotiated the lease. Charmhaven industrial unit leased Coastline Concreting has leased a 163sqm industrial unit at 3 Fairmile Close, Charmhaven. Unit 12 of 163sqm unit is part of a com- plex of 12 units built in 2019. Terms of lease are 2 years with 1 year option at a rental of $26,000 per annum plus Outgoings and GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. Logistics company leased in Tuggerah Business Park Wagner Logistics has leased a 156sqm industrial unit at 3 Fleet Close, Tuggerah Business Park. Terms of lease are 1 year with 1 year option at a rental of $25,000 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. Tobacco and gifts retailer leases at The Entrance A tobacco and gifts retailer has leased a 45sqm retail shop at 30 The Entrance Road, The Entrance. Terms of lease are 5 years with 5 year option at a rental of $18,000 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. Restaurant leased at The Entrance A fully equipped restaurant, once known as The Old Bank Café at 115 The Entrance Road, The Entrance has been leased for 2 years with no option. Terms of lease for the 95sqm premises is $58,000 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. Homewares retailer leases at Long Jetty A homewares retailer has leased a 167sqm retail shop at 266 The Entrance Road, Long Jetty. Terms of lease are 3 years with 3 year option at a rental of $46,800 per annum including Outgoings plus GST. Ben Purdue from Raine & Horne Commercial negotiated the lease. CENTRAL COAST BUSINESS REVIEW AUGUST 2020

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