CCBR Business Review

18 P R O P E R T Y N E W S Inovaair, manufacturers of air purifiers, will consolidate their manufacturing activities in the Tuggerah area with the leasing of a 3,000sqm freestanding factory building at 10 Corella Close, Berkeley Vale. Recently completed, Building B is part of industrial complex comprising 3 freestanding industrial buildings Terms of lease are 5 years with a 5 year option. Rental was undisclosed. Brad Rogers from Raine & Horne Commercial Central Coast negotiated the lease. Manufacturer consolidates to new factory at Berkeley Vale LEASINGS Strength and conditioning coach leases at Berkeley Vale Gee Recovery, a sports and recovery rehabilitation specialist has leased a 225 sqm space comprising two industrial units at 7 Tumbi Creek Road, Berkeley Vale. Terms of lease are 1 year with 1 year option at a rental of $52,000 per annum plus Outgoings and GST. Brad Rogers from Raine & Horne Commercial Central Coast negotiated the lease. The Blind Crew expands leases in Aston Road, Erina Window covering specialists, The Blind Crew are expanding their business to include shutter, awnings and automation and have leased a 420sqm industrial unit at 12 Aston Road, Erina. (formerly occupied by Mobility to You). Terms of lease for Unit 2 are 7 years with 5 year option at a rental of $52,000 per annum including Outgoings plus GST. Brad Rogers from Raine & Horne Commercial Central Coast negotiated the lease. Bendigo Bank leases at Platinum for regional office Bendigo Bank has leased suite 2.24 a 50sqm office suite in the West Wing at Platinum Erina for their NSW and ACT Regional Office. Terms of lease are 2 years with 2 year option at a rental of $25,000 per annum plus Outgoings (estimated at $8,000 per annum) plus GST. The lease was negotiated by Steve Skipper from S J Skipper & Associates Pty Ltd. Community First Bank leases at Platinum Erina Community First Bank has relocated from premises at Erina Fair leasing Suite 1.03a, a ground floor shopfront space in the East Wing at Fountain Plaza Erina. Terms of lease for the 69sqm space are 5 years with 5 year option at a rental of $40,000 per annum plus Outgoings and GST The lease was negotiated by Nicole Barr from Commercialhq Stratco leases at Somersby Manufacturers of sheds, garages, patios and carports, Stratco, have leased a 1,978sqm warehouse at 6 Chivers Road, Somersby to service the Central Coast market complementing their Newcastle and Sydney locations. Warehouse 1 is part of a complex of 4 stand along warehouses Terms of lease are 4 years with 3 year option at an undisclosed rental ( Brad Rogers from Raine & Horne Commercial Central Coast negotiated the lease. $370 per sqm for vacant Tuggerah industrial block An owner buyer has paid $1.5 million plus GST for a 4,047 level block at 131 Mooramba Avenue, Tuggerah The site is zoned IN2 light industrial and is located off Lake Road near the Central Coast Regional Sports complex. Ty Blanch and Brett Dowling from LJ Hooker Commercial Central Coast negotiated the sale. Owner occupier buys Erina commercial unit An owner occupier has paid $670,000 plus GST for Unit 13 a 157sqm commercial office space at 40 Karalta Road, Erina. The property comprises 7 offices, separate reception area, meeting room and 3 car spaces. In addition it features a large balcony to the rear of the building and large front windows. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the lease Sydney investor buys Kincumber industrial unit A Sydney investor has paid $670,000 (GST not applicable) for Unit 9, 6 Kerta Road, Kincumber and plans to occupy the property himself in due course. The 145sqm unit with 3 car spaces plus an additional 50sqm adjoining land currently leased with container storage Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the lease. CENTRAL COAST BUSINESS REVIEW JUNE 2022

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