CCBR Business Review

17 P R O P E R T Y N E W S • Flexible lease terms • Competitive rentals • Excellent parking • Air-conditioning, carpets, kitchenette • Balcony access for East Wing suites • Exposure of Complex to Tuggerah Straight FOR LEASE PROFESSIONAL & SPECIALIST MEDICAL SUITES 152-154 PACIFIC HIGHWAY TUGGERAH Easy Parking, great exposure, well maintained & presented property with well known quality tenants including Trader Vics, BCF & Super Cheap Auto, PRP Radiology, Australian Clinical Labs Pathology, Fullerton Health Medical Centre, Geriatrician; Psychologists, Dentist, Sports & Spinal Physiotherapy, Chiropractor, Cafe & more. Ideal for the Professional, Legal, Financial or Medical Specialist with sizes from 16m2 up to 95m2 suitable to Lease or Purchase. Features include: For further details contact Julie Davies on 0402 779 186 FIRSTLY IT WAS a sawmill – milling hardwood timber that went to the shipbuilding and bridge building, construction and manufacturing across the Coast and into Sydney and played in the early development of the Central Coast. When sawmilling stopped the 22,000sqm property on the corner of Avoca Drive and The Entrance Road at Erina became a BP service station and with a number of large format sheds at the rear went through many lives finally ending up as a storage area for caravans. The site that incorporates the corner blocks, industrial area and a number of old residential homes along Avoca Drive is now being developed by the Stevens Group in 4 Stages. Getting approval from Council has taken several years however Stage 1, comprising a BP service station and artisan food and drink centre, and 2 with 56 storage units ranging in size from 36 sqm to 151sqm are nearing completion. Sales agent for the development, Brett Hunter from DiJones Commercial Central Coast reports that enquiry has been strong with “five buyers for every unit” and all but a few fully leased. These units have sold for an average of $,4000 sqm. Stage 3, a continuation of State 2 will comprise a self storage complex at ground level plus three levels above with unit sizes around 9sqm will see construction start in September this year. The self storage complex will be managed by Stevens Group. Stevens Group Development Manager Strong demand for Stevens Group Sawmill Erina development SALES Undeveloped Somersby industrial lot sells for $533 per sqm An owner buyer has bought a 3,490sqm lot at 9 Somersby Falls Road, Somersby with the intention of building a diesel refueling station. Price paid was $1,860,000 plus GST. The rectangular undeveloped site has a 112 metre frontage to Somersby Falls Road Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale. Sawmill Erina development – corner Avoca Dr and Entrance Road Erina Mackenzie Stevens, said that Stage 4 and what it will comprise is under consideration. Sawmill Erina industrial units CENTRAL COAST BUSINESS REVIEW JUNE 2022