Central Coast Business Review November 2020

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November 2020 Published monthly (except January)

O E SS N T H

Caine King Architect Central Coast Council – A disaster that had to happen Central Coast Clinical School and Research Institute to open in mid-2021 Coast’s future to come under Greater Sydney Commission Independent Planning Panel not so “Independent”

NEW SECTION RESIDENTIAL PROPERTY NEWS

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FOR LEASE AND / OR FOR SALE ERINA PROPERTIES ERINA PLAZA 210 CENTRAL COAST HIGHWAY, ERINA

PLATINUM BUILDING 4 ILYA AVENUE, ERINA

SUITE 1.02 – 207 sqm SHOP 12 - 178.1 sqm Currently industrial feel with concrete floors, blackened ceiling and exposed AC and ducting. WC’s, shower, kitchenette to the rear and shared with 2 other tenancies. Full glass façade shop front with parking at the door.

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FOUNTAIN PLAZA, 148 CENTRAL COAST HWY, ERINA

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GOSFORD PROPERTIES

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69 CENTRAL COAST HWY, WEST GOSFORD

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SUITES T 1.4 & T 1.5 – 245 sqm SHOPS 1 & 2 – 426 sqm SHOP 1 – 234 sqm Excellent position at the front of Fountain Plaza / floor to ceiling glass façade / very wide shop front / open plan / customer parking.

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FOUNTAIN PLAZA 148 CENTRAL COAST HIGHWAY, ERINA

Currently the site of Snap Fitness 24 hour gym.

Can continue on as a gym or be converted into retail of office space. WC’s and Showers within / excellent exposure / loads of natural light from the floor to ceiling glass facade. On site parking / minutes to rail and bus / 1 minute to the Imperial Shopping Centre.

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69 CENTRAL COAST HWY, WEST GOSFORD

FOR LEASE - $139,000 pa + OG + GST FOR SALE - $1,704,000 19-21 WATT STREET, GOSFORD

SUITES 9 & 10 – 400 sqm

OFFICE 8 – 279.2 sqm Great suite with excellent natural light located on Level 1 of Fountain Plaza.

Reception / boardroom / meeting rooms / exec offices / open plan work stations for 20 or so staff. Kitchenette / M&F WC’s.

FOR LEASE - $85,000 pa + OG + GST

GROUND FLOOR – 425 sqm A complete radiology / medical practice fit out exists with onsite parking for 8 staff.

Close to CBD and rail - both a 2 min walk.

FOR LEASE – $95,625 pa + OG + GST FOR SALE - $1,600,000

A corporate office with the lot! 3 office suites made up in the following configuration: - 1 x meeting suite with 6 small rooms including open area - 2 x office suites both with perimetre, glass partitioned offices with loads of natural light and internal workstation area.

- Reception and Waiting area - Tea Room / Compactus / Store Room / Access to shower room FOR LEASE - $168,000 pa + OG + GST

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CON T EN TS

DISTRIBUTION GUARANTEED VIA AUSTRALIA POST

Cover story 4

Caine King – CKDS

Keeping it local

Business news 7 Central Coast Council – A disaster that had to happen 8 Central Coast Clinical School and Research Institute to open in in mid2021 9 Coast’s future to come under Greater Sydney Commission 10 Chamberlain wins HMA Awards 10 Star Scientific selected as 2020 S&P Global Platts Global Energy Awards Finalist 11 Independent Planning Panel not so “independent” 12 Marketing Excellence Award to Missing Link 12 Family lawyer sets up at East Gosford 12 Fastrak Fitness – a new fitness training technique at Erina 13 More bank branch closures 13 Cathy Baker launches new lifestyle magazine 14 Bright Avoca star shines over Barcelona 14 Bouddi Foundation for the Arts 2020 Tenth Year

Contact

Read ersh ip

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14 Conservatorium appoints General Manager 15 $2 million Central Coast Conservatorium upgrade update 16 Commercial and industrial property for sale / lease 17 6.0% return for Sydney investor on Wyoming property 17 Denny offloads development sites 19 Pandemic causes huge knock on effect for local property market 20 Changes to Australia’s Migration Programme for Businesses 21 Employer payouts in employment claims increasing 22 Improve your Business Financial Literacy

Regular features 6 Edgar Adams’ Editorial Minister’s patience runs out with Central Coast Council

10 12 14 16 19 20 23

Manufacturing news Business briefs Culture news Property news Residential property report Business tips Funny business

Front cover: Caine King – Photo: Jeff McGarn

Hear Edgar Adams’ business comment 8.10am each Monday.

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Central Coast Business Review Central Coast Business Review is a Registered Trade Mark of Adams Business Publications Pty Ltd P.O. Box 3259, Erina, NSW 2250 Phone: (02) 4367 0733 Fax: (02) 4367 0744 Email: info@ccbusinessreview.com.au Typesetting by Graphic by Design ph (02) 4365 6777 Print & Distribution by Bromley Direct ph 0412 439 773 © Adams Business Publications 1994. All rights reserved.

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COV ER S TORY

Caine King – CKDS – Keeping it local THE KING FAMILY has been on the Central Coast for five generations. As a local business owner with such strong roots on the Coast, Caine King is a passionate and active advocate for our region. The founding director of CKDS, a multi-award-winning architectural firm based in East Gosford and Newcastle, Caine, business partner Stuart Campbell, and their team have designed and facilitated some of the most iconic and applauded buildings, homes and public structures in both regions. On the Central Coast, notable projects include the Central Coast Regional Sporting and Recreation Complex at Tuggerah, Rockpool and Sé luxury apartments in Terrigal and Bonython Tower, Gosford. Recently awarded four architecture awards, including a state award for Verve residential tower in Newcastle, a joint venture project with Sydney firm, Hill Thalis, CKDS has come a long way for a regionally focused practice in business for just thirteen years. So how did the journey evolve? And, in his capacity as UDIA Chair since 2017, what does Caine envisage for the future of our region, a region with enormous potential, but struggling under the weight of politics and still learning to find its identity?

Caine, the youngest of four boys, aspired to be an architect from the age of four. With an entrepreneurial grandmother and both parents as sole traders, running his own business was also likely to be on the cards.

An avid basketballer, he played at state level for the region until the age of thirty-five, making many lifelong friends in the process,

By Phaedra Pym

some later becoming sounding boards when he started his business. Commencing his career in naval architecture, Caine quickly realised this was not the career path he wanted to pursue. “Fundamentally, my heart was in buildings and I realised that halfway through my course. But my family always taught me to finish what you start.” Two years later, he commenced a Bachelor of Architecture at the University

“It was important to us to create a strong brand that would stand alone and be bigger than both of us. I want the Coast to be left with a dependable, consistent firm long after we’re gone because consistency is really important for a region.” of Newcastle, which is where he met fellow architecture student and future business partner, Stuart Campbell. Moving to Sydney after completing his qualifications in 2001, Caine had the privilege of working with two highly esteemed architectural firms: Crone Nation, headed by Barangaroo architect Bob Nation, and Innovarchi, led by directors Ken McBride and Stephanie Smith who trained under renowned architect, Renzo Piano. “A lot of my initial education was high rise and mixed-use developments, including World Square and Zetland with Bob Nation,” said Caine. This experience fuelled his ethos for quality design and cre-

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ated a solid foundation for establishing a business on the Central Coast that would deliver a calibre of architecture normally reserved for the capital cities.

Caine opened the doors to C King Design Studio in Rozelle in 2004. Contracting to a large architectural firm, he designed a number of high-end residential and municipal developments. During this time, he maintained contact with Stuart, who was working in Newcastle, even working on some joint ventures together. A defining moment occurred when Caine was offered a contract to join the firm full time. “That same day, I got the go-ahead to design a house for a family friend in Vaucluse. It was the contract I needed to go out on my own, so I decided to give it a red-hot go.” Caine returned to the Central Coast in 2007. “I was watching what was happening locally and it was upsetting to see people coming in, trying to make a quick buck and leaving behind buildings that weren’t examples of considered architecture.” Back on home soil, Caine’s first client was a well-connected family in local property development circles and the word of mouth referrals took off from there. Later that year, with more work lined up than he could handle on his own, Caine contacted Stuart and the pair decided to join forces. “Bringing on Stuart was a win/win. We complement each other and have the same ethos.”

Together they rebranded the firm to CKDS. “It was important to us to create a strong brand that would stand alone and be bigger than both of us. I want the Coast to be left with a dependable, consistent firm long after we’re

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COV ER S TORY

gone because consistency is really important for a region.” Six months into the partnership and with a growing team, they opened the doors to their office in Newcastle. Today they have a staff of thirty across both offices, including an interior designer and landscape architects, to offer a holistic turnkey service.

All staff are locals to the region in which they work but operate as one cohesive team.

“Culture within the office is really important and our turnover is very low,” said Caine.

“We are a collective and there is no room for arrogance because we work in regions, which is all about relationships. We also have a culture that is open, transparent and collaborative. Our staff are like family. They inspire Stuart and I as much as we inspire them. We couldn’t have achieved what we have without them.” Collaborating with other local businesses is also integral to the way they operate at CKDS. “This was one of the reasons we won the Tuggerah Regional Sports Centre tender, our first big win in the tendering world,” said Caine.

CKDS’ work is split fairly evenly between residential, commercial and institutional/ public infrastructure projects, with the whole team capable of working on mixeduse developments and residential houses.

“We are a concept to keys firm. We’re about being here at the start and making sure we go right through the construction stage, whether it be a high rise, an entire block, as we are currently working in the centre of Newcastle, or a deck extension.”

Sustainability is also at the core of the brand. “How we reduce our footprint is

From left to right: Paul Jones, Geoff Olson, Erik Leypoldt, Josie Hills, Caine King, Alexey Ermolenko, Jacinta Hayter, Harrison Lillis, Rebecca George. Not present: Matthew Taylor, Candice Langdon, Kurt Egan, Catherine Knight, Shirelle Altona, Debbie Pearce. really important and we lead by example, testing concepts before taking them to our clients. This is part of our company philosophy and we have made it a priority to work sustainably in both offices and inspire others how it can be done.” Caine and Stuart are also firm believers in joint ventures, the multi award-winning Verve in Newcastle, being a prime example.

“Collaboration allows you to bring another layer of thought to the region, creating that rigour of design excellence.”

Caine’s role on the UDIA gives him a detailed insight into the politics of why the Central Coast keeps getting left behind. More importantly, it gives him a voice. “You’ve always got to be part of the change, not just sit there and whinge about what others are doing, or not doing,” said Caine who credits Deputy Chair, Chris Smith, Senior Town Planner from ADW Johnson for his knowledge and pas-

sion from a planning perspective. “Chris is as passionate about the Coast as I am.

The fact that he is from planning is really important because a lot of the infrastructure changes we need relate to planning.

And then you’ve got me looking at things from the perspective of urban design and the big picture.” As for what’s happening with council, Caine remains optimistic.

“When you look at the Greater Sydney Commission (GSC) taking over the Coast to drive growth, what they did with Western Sydney Aerotropolis, that didn’t happen overnight but the growth there is exponential – their planning and infrastructure is all happening. Our regional plan has a vision and objectives. We need to advance those thought processes quite quickly with whoever we have – an administrator or whoever it may be – so we set ourselves up for the next fifteen years of delivery and impleCONTINUED ON PAGE 20

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EDITORIAL

Edgar Adams discusses local issues

Minister’s patience runs out with Central Coast Council IT HAS HAPPENED. At 3.30pm on Friday, 30th October the Minister for Local Government suspended Central Coast Council and appointed an interim administrator.

This Council could no longer pay the wages or pay its suppliers and had wracked up a deficit of $84 million (could be more, could be less – who knows?)

This is how it works with government.

But if this Council was a company the Receivers would have been called in and the directors could all be looking at going to gaol for trading while insolvent.

Company directors are responsible for the appointment of the CEO as well as ensuring that the CEO carries out his/her duties in managing the company. In this day and age it should be relatively easy to have reporting systems in place to know any organisation’s financial situation at least weekly and certainly monthly.

So why not with our Central Coast Council?

Elected in September 2017, following the amalgamation of Gosford and Wyong Councils in May 2016, the people of the Central Coast found themselves electing the most incompetent, self serving, politically motivated bunch imaginable.

Almost none had a clue as to their responsibilities to the organisation or to the community. It was all about them and their political ideals.

For some, their sole interest was in promoting their activist ideals.

Meanwhile it took them seven months to find a CEO. Mr Murphy could not be expected to know the personalities of the 15 individuals who would rave and rant at every meeting.

Since elected, this council has seen a parade of senior staff come and go.

Of those four Chief Financial Officers came and went. Is it any wonder no one had any idea of Council’s financial situation from Mr Murphy down or up.

CCBR’s only criticism of Mr Murphy is that he allowed these councillors to take control.

Of course, Mr Murphy as CEO has to be held to account but the person who is totally responsible for the mess that we now have is Mayor Lisa Matthews. You could and should also include the Former Mayor Jane Smith as she was Council’s inaugural Mayor.

Instead, she is blaming Mr Murphy.

The Mayor’s Media Release of 21 October has to be the most hypocritical and childish statement ever written.

Mayor Matthews, Deputy Mayor Smith and the rest of the ALP Councillors are responsible for the mess this council is in.

While all councillors must be held to account we must say that Councillors Best and McLachlan have been raising alarms bells for almost the whole term of the council.

Clr Best did his best to hold the Labor/ CENgreen councillors to account for their unscrupulous handling of the contract with an

aircraft manufacturer to locate at Warnervale Airport. In the end the cost of breaking this contract has been kept confidential but some say it could be around $10 million.

Then there were the scores of complying Development Applications that were knocked back and ended up in the Land and Environment Court. Most were approved and costs were awarded against council.

For the past three years property developers, who are the back bone of the future of our region, have been considered almost criminals by these councillors.

A manufacturer at Somersby, in the industrial estate, has had his $20 million development put on hold for more than two years because one Councillor (who had no authority) insisted that vegetation on the site could not be removed.

And there is more, much more.

But the point is this Council has been so destructive of the region’s economy that it amounts to maladministration.

In just three years they have bought this region to its knees.

It will be very interesting to hear what the Administrator finds out.

Edgar Adams Editor

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BUSINESS NEWS

Central Coast Council – A disaster that had to happen AS CCBR GOES to press Central Coast Council hangs by a thread.

The die was cast when Minister for Local Government, Shelley Hancock was forced to pay workers wages and payments to suppliers amounting to $6.2 million. That was on the 21st October.

At the time the Minister said, “given Council’s abject failure to address the consequences of its own financial mismanagement, the Government has no alternative but to arrange for funds to be paid to meet these urgent expenses.

“It’s hard to think of a more fundamental failing of a Council than to pay its own staff,” Mrs Hancock said.

“The local community is sick of excuses from Council. In the two weeks since Council’s financial dire straits came to light, all Council has done is write letters, issue media releases and set up a finance committee.

“Council reached a new low last night by deciding once again to approach the Government for a bailout at the risk of council staff not being paid.

“To use its own staff as bargaining chips is reprehensible from a governing body that has failed to address its own financial failings.

“There is no question that Council needs to be held responsible for these failures.

Notice of Intention to Suspend Subsequently on the same day the

Minister issued Central Coast Council with a notice of intention to suspend it and appoint an interim administrator.

Under the Local Government Act, the Minister is required to provide the Council with the opportunity to make any submission before making a final determination on suspension.

The Council had seven days to make a submission as to why it should not be suspended and an independent administrator appointed. By law the Minister must consider any submission before making a final decision.

Suspension would apply to the Mayor and councillors. It would not affect council staff and daily operations. An interim administrator would perform the functions of the Mayor and councillors.

It was an eventful day the 21st. Mayor Matthews issued a Media Release publicly announcing that she had lost confidence in the CEO in the wake of revelations about long term, structural problems with the Council’s finances.

“Councillors and the Mayor have been provided with inadequate information about the financial position of Council and discovered the full extent of the problem when it was revealed that Council would struggle to pay its own staff.”

“In light of the long-term problems that have been allowed to grow unchecked within the operational division of Council,

the only course of action now available is to insist on a new CEO to manage the day to day operations,” Mayor Lisa Matthews said.

“It is unforgivable for council staff to be left in a position where they might not be paid and it is unacceptable that the elected Councillors and I were not given information about the precariousness of Council’s finances until yesterday.”

At no point did the Mayor accept any responsibility for a situation which had been deteriorating since they were elected three years ago.

Since being elected in September 2017 Central Coast Council has seen a parade of senior staff pass through its doors.

Four Chief Financial Officers walked out and no one asked why.

A regular meeting of councillors held on 26th October resignations of Liberal Councillors Troy Marquart and Rebecca Gale were accepted.

A hurriedly put together 100-Day Action Plan adopted by Council on the 19th October includes daily monitoring of cash flow, the appointment of a new Chief Financial Officer, who will take up duties sometime in November, and the formation of a Finance Committee. In addition, $40.5 million has been knocked off the capital works programme for 2020-21.

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BUSINESS NEWS

Central Coast Clinical School and Research Institute to open in mid-2021 THE CONSTRUCTION OF the $72.5 million Central Coast Research Institute and University of Newcastle Central Coast Clinical School reached a new milestone recently with the completion of its base-build.

Despite the restraints of COVID19, the construction works have managed to stay both on schedule and within budget, enabling facility to be fully open in mid-2021.

Located at Gosford Hospital, the Clinical School will feature a 100-seat lectorial space, seminar rooms, problem-based learning spaces and breakout areas for students, as well as a library. The building will include three simulation labs, and laboratory settings that will expose students to real-life situations they could expect to experience as public health providers when they entered the workforce.

Commenting on the project University of Newcastle Vice-Chancellor, Professor Alex Zelinsky, said: “Through our partnership with the Central Coast Local Health District, we are establishing a framework for practical application of lessons in local clinical settings, developing high-quality health practitioners who are reflective of the public health needs of the community in which they will work,” Researchers will have access to dedicated and collaborative spaces, including specialist anatomy, histology and molecular laboratories and a microbiological physical containment level 2 – or PC2 – lab fit to carry out world-class research.

Central Coast Research Institute (CCRI) The facility will also host the new Central Coast Research Institute (CCRI) operating

Central Coast Research Institute and University of Newcastle Central Coast Clinical School in the Gosford Hospital precinct, nearing completion as a joint venture between the Central Coast LHD and the University of Newcastle, the Director of the CCRI, Professor Nick Goodwin said, “We know that many people in our community deserve a better care experience and that integrated care is a route towards improving their health care outcomes. We also know that approaches which combine research, innovation, education and knowledge translation help to accelerate the adoption of innovations to achieve such goals.”

“Over the coming years, the Research Institute is committed to supporting better and more integrated models of care to the benefit of all. By breaking down the

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BUSINESS NEWS

Coast’s future to come under Greater Sydney Commission THE CENTRAL COAST will be the focus of a first-of-its-kind strategy, announced by the NSW Government on 22 October 2020, to bring new businesses and jobs to the fast-growing region.

Premier Gladys Berejiklian said the Greater Sydney Commission (GSC), with its strong track record in delivering good local outcomes, would coordinate development and delivery of the Central Coast Strategy.

“I have asked the GSC to bring together key stakeholders on the Central Coast to identify new opportunities for economic and employment growth in the region,” Ms Berejiklian said.

“The NSW Government is committed to providing more jobs on the Central Coast, a region which is expected to grow by 95,250 people between 2016 and 2041.

“The GSC will work closely with Parliamentary Secretary for the Central Coast Adam Crouch and Minister for Jobs and Investment Stuart Ayres to bring together State and Federal agencies, the local council and private sector partners, to identify wider economic and employment opportunities for the region.”

Parliamentary Secretary for the Central Coast and Member for Terrigal Adam Crouch said the Strategy would identify and implement initiatives to cater for future population growth.

“The GSC has an incredible record of success when it comes to enabling local communities to grow and thrive,” Mr Crouch said.

GSC Chief Commissioner Geoff Roberts, Parliamentary Secretary for the Central Coast, Adam Crouch and Premier Gladys Berejiklian “The Central Coast is a unique region and requires unique solutions, and that’s why a team from the GSC will be specially tasked with developing this Strategy.

“The Central Coast absolutely deserves the same focus being applied to economic growth areas like Tech Central, Westmead, Meadowbank and Macquarie Park in Sydney.”

GSC Chief Commissioner Geoff Roberts said collaboration was the best way to deliver great outcomes and new opportuni-

ties for the community and businesses on the Central Coast.

“Nothing improves a person’s life more than a good job, particularly near where they live. We want to deliver more, good, local jobs for the people of the Central Coast,” Mr Roberts said.

“This work will build upon the significant progress already achieved by the NSW Government. We look forward to collaborating with all stakeholders in what will be an inclusive and coordinated process.”

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M A N U FAC T U R I N G N E W S

Chamberlain wins at HMA Awards

Star Scientific selected as 2020 S&P Global Platts Global Energy Awards Finalist

Global Group Chairman, Star Scientific Limited, Andrew Horvath

The Chamberlain Team: Shane McParland, Manufacturing Manager Emmilyn Araneta, Executive Assistant Graeme Sheekey, Head of Operations HAVING TAKEN OUT the Manufacturer of the Year at the 2019 Hunter Manufacturers’ Awards along with Excellence in Sustainable Operations category, West Gosford based Chamberlain Group have almost repeated the performance at the 2020 HMA Awards.

The 2020 Awards have seen the Chamberlain Group walk away with the Excellence in Sustainable Operations Award for the second year with the citation: “Chamberlain have developed and implemented a “sustainability strategy” with goals linked to their successful continuous improvement program.

Their 5-year plan has already provided benefits of reduced energy consumption, less waste, and less use of water and paper. All of these focus areas are reflected in KPI trends published monthly to all employees. By training, and embedding sustainability goals into employee performance reviews, Chamberlain have set a strong foundation for ensuring a sustainable future for their business.”

Commenting on their win, Graeme Sheekey, Head of Operations at Chamberlain Group, said “As a successful company, we found ourselves in a very good position to do the right thing by giving back to our community, looking after the environment and most importantly put plans in place to ensure our company is successful into the future to provide jobs to all of our employees.”

“We created a Policy Statement that spans the entire product life cycle so it is embedded in our Business Strategy: Chamberlain ANZ is committed to placing innovative products into the marketplace that are safe and in compliance with the environmental laws and regulations where we operate, while conserving

resources for future generations.

Chamberlain ANZ drives continuous improvement programs for the environmental sustainability of our products, processes, and services, including energy and water conservation, reduction or recycling of waste materials as resources, prolong product life span and provide effective and convenient equipment recovery solutions.

“The major elements of our program were based on the UN’s 17 Sustainable Development goals in line with making our world more prosperous, inclusive, sustainable and resilient. The elements included creating a strategy and executable long term roadmap, a policy and work instruction that all six sites could follow and align and created KPI’s to me

BERKELEY VALE TECHNOLOGY company, Star Scientific has been named Emerging Technology of the Year category finalist, in the S&P Global Platts Global Energy Awards, an annual program recognising outstanding innovation, leadership and exceptional performance in the energy sector.

Andrew Horvath, Global Group Chairman, Star Scientific Limited said he was proud that an Australian hydrogen research and development company has captured the attention of these prestigious awards, hosted by independent provider of information and benchmark prices for the commodities and energy markets, S&P Global Platts.

Mr Horvath added, “Being named a finalist, chosen from some 300 entries from over 36 countries, is a global recognition of Star Scientific’s achievements and a testimony to the innovation that is the Hydrogen Energy Release Optimizer, or HERO®.

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BUSINESS NEWS

Independent Planning Panel not so “Independent” THE LABOR/CEN CONTROLLED Central Coast Council has shown that the Department of Planning’s Independent Planning Panel is not independent at all.

In late September the IPP announced that they had approved the concept plan and stage one works of the multimilliondollar ‘Gosford Alive’ development, subject to conditions.

The announcement was a political statement.

The Lederer Group Pty Ltd had sought concept approval for the mixed-use development, featuring five towers up to 101m in height, on the 14,194m2 site in Donnison Street, Gosford to be known as ‘Gosford Alive’.

The $345 million development was estimated to create 354 construction and 211 operational jobs once fully complete.

Stage one works, comprising the demolition of the existing buildings, extinguishment of easements and realignment of stormwater and sewer lines, would generate an additional 50-60 construction jobs.

The Department of Planning, Industry & Environment finalised its assessment of the Proposal in August this year and it came to the Commission for determination because of an objection from Central Coast Council and the Community Environment Network (CEN) of which the

former Mayor, now Deputy Mayor, Jane Smith was part-time CEO for 15 years.

Commissioners Chris Wilson (Panel Chair) and Wendy Lewin were appointed to consider the State significant development application and make a determination.

They met with the Applicant, Department, Council and local interest group the Community Environment Network, and conducted an inspection of the proposed site and surrounding area.

Issues raised by Council and in submissions generally included concerns over design, built form, density, car parking, traffic and road infrastructure, environmental impacts and public benefits.

The IPP said, “After weighing all the evidence, the Commission has today (Friday 25 September 2020) determined to approve the concept plan.

While the Commission had a number of residual concerns relating to the bulk and scale of the proposed tower envelopes and their impacts, and the extent of activation proposed on Donnison and Albany Street North, the Commission concluded that with modifications to the proposed envelopes, an appropriate built form outcome could be achieved and residual impacts satisfactorily mitigated.”

The key conditions of consent imposed on the development will reduce the bulk and scale of four of the five towers (excluding Tower 3) to ensure a slenderer future built form, thus: • improving impacts on views from the public domain • increasing the building separation distances • improving solar access within the site, and • improving overshadowing impacts to Donnison Street • Additionally, the height of Towers 1 and 4 have been conditioned to be lower to: • improve the extent of overshadowing on land to the south • ensure a gradation in height from Kibble Park to the ridgeline of Rumbalara Reserve • improve overshadowing to Kibble Park, and • pair Tower 1 at the same height as Tower 2.

The Commission has also conditioned changes to the height of the Albany Street North podium and imposed a requirement for the provision of additional commercial uses to improve street activation.

“These amendments are required to ensure that design excellence … and improved environmental and amenity outcomes can be achieved through future development applications,” the Commission concluded.

CONTINUED FROM PAGE 10

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CENTRAL COAST BUSINESS REVIEW NOVEMBER 2020

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BUSINESS BRIEFS

Marketing Excellence Award for Missing Link

Missing Link Social Media Founder, Perry Henderson Central Coast agency, Missing Link Social Media, has been selected as the ‘ABA100 Winner for Marketing Excellence’ at The Australian Business Awards 2020, and shortlisted as a ‘Finalist’ at this year’s Social Media Marketing Awards, celebrating the best of social and digital campaigns across Australia and New Zealand.

The Australian Business Awards (ABA) program, now in their fifteenth year, provides an opportunity for high-performing organisations which implement world-class business initiatives and develop innovative products and services to be acknowledged and honoured for their achievements both nationally and internationally.

At the Social Media Marketing Awards 2020 awards, Missing Link Social were finalists in the following categories: • Best Social Media Agency of the Year • Best Small Social Media Agency • Best Social Good Campaign

• B est use of Facebook This follows on from last year’s ‘Finalist’ title at the same awards, for ‘Best Small Social Media Agency of the Year.’

Perry Henderson is the Founder of Missing Link Social Media, and as Director and Head of Strategy, leads the team from its Tuggerah base.

The company was founded in 2012, with Perry starting the company from his mother’s apartment in Terrigal when he was just 24 years old. Eight years on, the agency has now fast-tracked to be regarded as one of the country’s top social media agencies, with clients including Central Coast Council, ACCOR, Central Coast Mariners, Thursday Plantation, AAA Auto in Europe and Jim’s Mowing (AU, NZ, CA).

“We are ecstatic with these awards wins, largely to be recognised by the industry and our peers for the incredible work our team puts in and delivers for our clients,” said Perry Henderson.

“2020 has been a hard year for so many, including ourselves. More than half of our clients had to pause their current campaigns at the onset of the pandemic, so as a business we had to innovate our services and we now offer lead nurturing and marketing automation too. We’re fostering a strong culture of innovation, and it’s exciting to be part of it. At Missing Link, we get to do what we each love every day – helping businesses tell their story and grow.”

Some areas of the Central Coast are also eligible for the Regional Sponsored Migration Scheme.

If you have skills and qualifications in demand in Australia, or wish to join an Australian family member, Sam can assist you in finding and applying for the right visa.

Sam also advises and represent clients at the Administrative Appeals Tribunal for reviews against visa cancellations and refusals.

Taperell Rutledge providing legal services to the Central Coast since 1958.

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Fastrak Fitness – a new fitness training technique at Erina

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Family lawyer sets up at East Gosford

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clients to heal, a pathway to a new approach to life including setting boundaries, a chance for clients to refocus and embracing a new sense of self,” Ms Bilson said.

Ms Bilson has 17 years of experience working with at-risk youth, Aboriginal and regional communities, people with disabilities and offenders including working with those in custody.

Jacqui Bilson Jacqui Bilson has opened a practice at East Gosford.

Bilson Law will focus on family law. “I see the family law arena as an opportunity for

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Maurie and Cathy Dobbin have established Fastrak Fitness, the first electro muscle stimulation fitness training studio on the Central Coast at Erina.

While there are over 5,000 EMS studios across Europe there are only a small number in Australia.

“We offer a way for our clients to improve their health and wellbeing through participating in just two twenty minutes sessions a week,” said Mr Dobbin EMS is highly suitable in rehabilitation after injury as specific areas of the body can be targeted and exercises designed to accelerate healing said Mr Dobbin.

A Kincumber resident, Mr Dobbin is an entrepreneur who has founded a number of companies with a focus on leading edge technologies. His biography has been published in Volume 2 of Unsung Business Heroes.

Mrs Dobbin was a registered nurse for over forty years specialising in ICU and midwifery. She founded and managed a nursing agency that employed over 200 nurses serving public and private hospitals.

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BUSINESS BRIEFS

Fastrak is partnered with XBody the world’s leading supplier of EMS technology with their innovative approach enabling classes to follow an on-screen avatar demonstrating the manner in which the exercises are carried out.

Cathy Baker launches new lifestyle magazine

More bank branch closures The Big Four banks continue to desert the Central Coast with a spate of closures over the past few months.

Westpac has closed their Fountain Plaza Erina branch along with branches at The Entrance and Lake Haven.

ANZ has closed its Lake Haven and Woy Woy branches.

In May the CBA closed its branch at The Entrance and in June at Fountain Plaza.

In the late 90s all banks left East Gosford resulting in the community coming together to establish East Gosford & Districts Financial Services Ltd and operate a Bendigo Bank franchise. It has been a huge success and since then this company has opened branches at Lisarow and Kincumber.

In 2004 with the Big Four moving out of Ettalong Beach the community established their own Bendigo Bank franchise.

Following the closure of the last bank in Wyong the community established Wyong Town Financial Services Limited and opened their own Bendigo Bank franchise.

Cathy Baker launching Central Coast Life & Style magazine Cathy Baker from Belle Property Central Coast has launched a new lifestyle magazine Central Coast Life & Style, rebranded from Coastal Lifestyle.

The upmarket, quarterly magazine also recently acquired the website and online audience of Coastal Chic, a successful Central Coast blog with an audience of almost 59,000 followers.

“Having published a quarterly magazine for more than five years, I felt it was time to take my publication to a new level and digitalise it,” Ms Baker said.

With thousands of copies distributed throughout Sydney, Northern Beaches and Central Coast, the publication allows Belle Property to promote its offices discreetly, within a relevant mix of lifestyle features.

“During my many years selling prestige property as Principal of Belle Property Central Coast, I’ve witnessed a trend and evolution unfolding, as forward-thinking businesses transform the area into a lifestyle mecca to rival Byron Bay or Sydney’s Northern Beaches,” Ms Baker said.

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C U LT U R E N E W S

Bright Avoca star shines over Barcelona AVOCA BEACH BASED virtuoso, Yantra de Vilder, whose film “Home A Place of Belonging” has been selected in this year’s Around Films International Film Festival in Barcelona Spain.

Well known in local circles through her creation and orchestration each year of the 5 Lands Walk Opening Ceremony, Dr de Vilder’s fame and recognition is rapidly spreading. To have achieved nomination in the Around Films Festival is one of her proudest global recognitions to date.

“Home A Place of Belonging” is a sitespecific creative work celebrating the land and community of my home on the Central Coast of NSW. At the heart of the project is a celebration of connection and reconciliation, with much of the inspiration drawn from my participation in the 5 Lands Walk, an annual event attracting over 24,000 participants” said Dr. de Vilder “Home A Place of Belonging “ was streamed in a special online event, accompanied by Jane Rutter and a 60 piece Ephemera & Ensemble Choir as the virtual version of the Opening Ceremony of the 2020 5 Lands Walk.

Originally planned as a live audience concert, COVID restrictions led to the film being released as an alternative, the bonus being many more eyes will now enjoy this exceptional performance.

Dr de Vilder’s film has been selected for the specified category of the Around International Film Festival ARFF International // Barcelona Monthly Edition.

ARFF International Editions have dual

John Bell, Founder and Leader, Bouddi Foundation Dr Yantra de Vilder leads the parade at Avoca Beach phases of selection, one monthly, the other annually. Yantra’s beautiful creation is an Official Monthly Selection and is now also under consideration for the ARFF International // Barcelona 2021 Showcase.

Around Films is a network-based film collective which selects the best filmmakers through the annual festival to enhance collective consciousness through the visioners in the world.

Locals wishing to enjoy Yantra’s musical influence are also welcome to drop by her Cape Three Points Studio, 69 Cape Three Points Road Avoca Beach, where a piano has been installed on the driveway for all to showcase their talents.

“We are extremely proud of Yantra , her achievements and her recognition. She is a very special member of the 5 Lands Community” said 5 Lands Walk President, Con Ryan.

Conservatorium appoints General Manager The Central Coast Conservatorium of Music has announced the appointment of Irena Tasevska as General Manager CCCM President, Peter Brandon said that Ms Tasevska would lead the Conservatorium into an exciting future, helping to develop music performance and education on the Central Coast.

Ms Tasevska has over ten years experience in strategic operations, and a track record of success in leadership in complex organisations.

She has previously held roles at University of New South Wales, where she led the Division of Philanthropy during a significant period of growth, and at Opera Australia, where she led the development of the organisation's national program of events.

Irena is passionate about music education and comes from a strong background in music and performing arts. She attended the Sydney Conservatorium High School of Music, then completed a Bachelor of Arts with a Major in Music at the University of Sydney.

Bouddi Foundation for the Arts 2020 Tenth Year

Irena Tasevska President of the CCCM, Peter Brandon, said “Irena had been chosen for the role after a rigorous selection process. Of the many excellent candidates who applied for the position, three were chosen for the final of two interviews and Irena stood out as the strongest candidate. I know that all sectors of the Conservatorium community will make her feel extremely welcome in what will be a very demanding but fulfilling role on our CCCM Management team”.

Wagstaffe Hall was filled with creative and talented young artists over the weekend of August 15 and 16. Offering a taste of the Central Coast’s abundant talent across many genres…dancers, singer/songwriters, painters, photographers, classical pianists, writers and art curators, and even a band, the Little Quirks, it confirmed the reality that our own young home-grown artists are alive and flourishing!

2020 was exceptional in more ways… three inaugural awards: Allen and Unwin creative Writing award… overseen by Patrick Gallagher AM, Chairman of Allen and Unwin publishing; the John and Merran Adams award for a visual artist; and a third to honour the memory of our community’s beloved Narelle Jones.

Joining the regular team of adjudicators were some special guests…Dorian Mode, Erina resident, and a contemporary music expert, Dinah Dysart, author, editor and artmuseum curator; David Elfick, film-maker and director; the top team at ORiGiN music including Philip Mortlock, Kim Ransley and Philip Walker; and Dance expert, Nicky Castle, among others.

John Bell, founder and leader of the BFA commented “This, our tenth year, has clearly established BFA’s reputation and worth in the community, amongst teachers, parents, and especially the young artists themselves.

No one would have forecast auditions with masks, temperature-taking, and social distancing but everyone displayed discipline and nothing was lost in the standard of the performances or the quality of communication between auditioners and their adjudicators.

BFA’s strength has never been greater… with 14 named awards now, and generous growth in donations, it is heart-warming to know we are giving young artists, hope, mentoring, and practical support at a time when the Arts community at-large is struggling.”

The annual Awards Event is planned for November, the format depending on the Covid rules at the time.

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C U LT U R E N E W S

$2 million Central Coast Conservatorium upgrade update

(l to r) Central Coast Conservatorium Artistic Director Patrick Brennan, Vice President Claire Braund, President Peter Brandon and Adam Crouch review plans for the restoration THE CENTRAL COAST Conservatorium of Music welcomed Parliamentary Secretary for the Central Coast and Member for Terrigal, Adam Crouch to look over progress on the $2million upgrade and restoration of its premises at 45 Mann Street last month.

Mr Crouch was impressed with how quickly the work was proceeding and commended the Conservatorium board and management for their excellent oversight of the project.

“When the Premier visited the Central Coast Conservatorium of Music last September, she told everyone to ‘hop to it’, and it’s fantastic to see this $2 million project proceeding so quickly,” Mr Crouch said.

Claire Braund, Chair of the CCCM Premises and Building Committee said the organisation was very pleased with the progress of the work to date - particularly the new, rust and leak free roof and the bonus discovery of some interesting historical artefacts in the ceiling cavity, including some early 20thC Police Gazettes.

Work completed to date includes reroofing of the entire building including guttering, restoration of the sandstone cells in the oldest part of the building, addressing water / mould issues addressed, new skylights, floor coverings, painting, sliding doors and upgraded services and removal of the trees in preparation for the rectifica-

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tion of the sandstone wall.

The next stage will see rectification of the front sandstone wall and wrought iron fence, gates and gas lamp archway, Interior restoration of the old offices on the Northern side of the building and lodging the DA for alterations to the existing building (new foyer entry, new awnings & additions at the front of the building) and additions at the back of the site including new teaching studios and amenities foyer.

Patrick Brennan, Artistic Director with the Conservatorium said the impact on teachers, staff and the wider Conservatorium community would be significant with the addition of new teaching studios, offices and amenities and restoring and retouching the wonderful Robert Knox Hall and other rooms in the 19th Century building.

Image showing the Central Coast Conservatorium on completion of restoration

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FOR AUCTION

PROPERTY OF THE MONTH

WOY WOY - FREEHOLD WAREHOUSE & SHOWROOM

WEST GOSFORD

Approx. 300m2 building on approx. 607m2 land. Internal height approx. 8.2m, 5 car parks inc disabled space, zoned IN1, 3 phase power, roller door, solar panels, air-con & bathrooms.

TO BE AUCTIONED 18/11/20 @11am

3 different options available in the building. Foyer areas on both levels, basement parking & lift access, bathrooms, secure site, public transport close by, zoned B5, high exposure & great signage.

FOR LEASE FROM $32,000 - $107,500 N/PA + GST

CHARMHAVEN – TWO SEPARAYE TITLES TO BE SOLD!

Freehold service station, freehold (8) shopping complex, rear access and excellent parking, massive pacific highway exposure!

TO BE AUCTION 26/11/2020 @11am

FREEHOLD TENANTED INVESTMENT

Total building approx. 680m2. Open plan, separate activity rooms, offices, storage rooms, bathrooms + disabled facilities, change room & kitchen, zoned IN1. Leased to strong tenants.

TO BE AUCTIONED 18/11/20 @11am

FOR SALE ERINA - BUILD YOUR DREAM HOME/ BUSINESS

Approx. 1,108m2 of nett area over 2 levels, 27 car spaces, 6 internal amenities, disabled bathroom, kitchen, roller door, air-con, flexible working areas, IN1 zoning & 3 separate entrances.

FOR SALE CONTACT AGENT

164m2 approx, DA approval mezzanine available, architect design, concrete panel construction, IN1 zoned, great height 6.3m to 7.1m, access & drive around ability.

FOR SALE/LEASE from $410,000 + GST/20,000 G/PA + GST

WEST GOSFORD - OFFICE/SHOWROOM

Freehold service station, freehold (8) shopping complex, rear access and excellent parking, massive pacific highway exposure!

TO BE AUCTION 26/11/2020 @11am

KINCUMBER - FREESTANDING BUILDING

WARNERVALE - BRAND NEW FACTORY UNIT!

FOR LEASE

CHARMHAVEN – TWO SEPARATE TITLES TO BE SOLD!

Prime position! Floor area approx. 122m2. Consist of 3 bedrooms, combined lounge/dining room, kitchen & bathroom/laundry. Close to Erina Fair, Terrigal beach & Gosford CBD. Zoned R2.

FOR SALE CONTACT AGENT

FOR SALE / FOR LEASE

WOY WOY – 3 MODERN SUITES AVAILABLE Excellent position & signage exposure, all approx.

85m2, dedicated parking on-site, amenities, close to café, shopping centre & public transport. Partitioned offices with air-con & carpet throughout.

FOR LEASE FROM $20,000 N/PA + GST

WOY WOY - BULKY GOODS/ SHOWROOM/ RETAIL WEST GOSFORD – 4 INDUSTRIAL UNITS AVAILABLE

50% SOLD! High/wide roller door, truck/container access, kitchen, LED lighting, bathrooms, shower, office, air-con, carpet, natural light, mezzanine, ample car spaces on-site. Total area approx. 265m2.

FOR SALE $565,000 + GST (IF APPLICABLE)

BERKELEY VALE - WAREHOUSE, OFFICE & HARDSTAND! Building has been purpose built with approx. 2,420m2 of quality high clearance (6m to 9m height internally) warehouse/manufacturing space. 5 high/wide roller doors, 2 raised floating loading dock.

FOR SALE $4,950,000 + GST

Visit our website for additional properties and more information centralcoast.ljhcommercial.com.au

Industrial or showroom use (STCA), approx. 500m2 Inc mezz & hardstand. Refurbished amenities inc toilet, shower & kitchen. Double street access, high bay LED lighting, Epoxy floors & street frontage.

FOR LEASE $30,000 N/PA + GST

BERKELEY VALE - HEIGHT, ACCESS & SIZE! This freehold property is zoned IN1 & consists of (approx.) 4,000m2 of high clearance industrial factory/ warehouse space, including large mezzanine areas & quality office space.

FOR LEASE $390,000 G/PA + GST

Suite 401 / 1 Bryant Drive, Tuggerah NSW 2259 87 Mann Street, Gosford NSW 2250

Phone 4353 7700

HUGE EXPOSURE FOR LEASE Suite 3, 36-40 Victoria Street East Gosford

FOR SALE

$4.5 million

FOR LEASE $230,000 p.a + Outgoings + GST

Highly Sought After West Gosford Industrial - With Income

Quality ground floor office - 964m2

• • • • •

• • • • •

6 Gibbens Road, West Gosford

Currently leased to North Shore Timbers 4,214m2 Regular shaped and flat industrial land 2,139m2 (approx) of 1st class industrial building Excellent internal clearance of 8.3m+ throughout �ual � meter wide roller shu�ers with 6m clearance

Brad Rogers 0459 921 122

rhccc.com.au

1/2a Bounty Close, Tuggerah

Quality fit out Numerous meeting rooms and board rooms Large staff kitchen and lounge Welcoming reception High end building with quality neighbouring tenants

Bernie Nash 0418 405 130

Local Knowledge & National Strength

High proole, ground oor, corner position.

Located at main intersection on Central Coast Highway.

Customer car park on site.

1x undercover reserved space for tenant.

122 sqm internal area.

Awning signage area.

Ducted air conditioning, 3 phase power, ceiling, lighting, white walls.

Lee Woodward 0414 877 780 | 02 4323 7606 lee@vcmanagement.com.au www.vcmanagement.com.au

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PROPERT Y

6.0% return for Sydney investor on Wyoming property

SHOP 4/1A LONDON DRIVE, WADALBA FOR LEASE

JOIN McDONALD’S, 7 ELEVEN & ISUZU Rare & hard to secure 114m2 ground floor premises directly behind 7 Eleven & McDonalds in Wadalba.

Near new with sleek modern construction perfect for retail, professional or food & drink uses. Plenty of on grade parking, don’t miss this unique offering available now $36,049.96 + Outgoings + GST.

218 WISEMANS FERRY RD, SOMERSBY FOR LEASE

Modern Somersby Industrial Unit Located just 2 mins from the M1 Sydney Interchange and approx. 10 mins from Gosford CBD. Concrete panel construction with a ground floor area of approx. 180sqm including WC, shower, kitchenette and an area that could simply be enclosed to create a reception/ showroom area (if required).

The carpeted mezzanine office area at the front is approx. 40sqm. The warehouse area has an insulated roof with translucent panel and hi-bay lights, 100 amps, 3 phase power, 4.6 metre wide roller shutter with minimal internal height of 6.4 metres. $26,400pa (GST free) plus outgoings.

4/4 BURNET ROAD WARNERVALE

FOR LEASE

Close to M1 Motorway This well presenting concrete panel industrial unit is within a gated complex. Located within the Warnervale Industrial area that is zoned IN1 General Industrial. A high clearance industrial unit is 9approx. 200sqm. On the ground floor with a 30sqm mezzanine storage area, including a welcoming airconditioned office or showroom area, kitchenette, high and wide roller door and 2 allocated car spaces. $34,500 Per Annum Net + GST. Contact: Mark Davies 0422 442 858 Daniel Mason 0403 889 530 Chris Watson 0402 430 213 Prices shown with * are inclusive of GST.

4325 0208 83 MANN STREET, GOSFORD 2250 www.chapmanfrazer.com.au

A Sydney investor has paid $1,020,000 (GST not applicable) for an investment property at 30 Renwick Street, Wyoming showing a net yield of 6.0% per annum.

The property comprises a well established purpose-built 250 sqm medical centre built in the 1980’s on a 816 sqm block with two street access and parking and includes 2-bedroom residential unit upstairs.

Lease terms are 5 years x 5 years of which 4 years remain on the option at a rental of $61,198,90 net plus GST.

The property had previously traded in January 2014 for $420,000.

Ben Purdue from Raine & Horne Commercial Central Coast who negotiated the sale that the property had been on the market for one week and there was huge enquiry. In the end two parties bid against each other to secure it with contracts exchanged within two days.

Mr Purdue said that there is a solid demand for rental property investments on the Coast.

Denny offloads development sites Former property developer, Tony Denny, has sold off his land bank of development sites in Gosford and Terrigal.

Earlier this year Mr Denny announced

that he was getting out of property development.

Through his development company, Central Real he had successfully completed the development of Marina in Pt Frederick, Scenic, Tony Denny Aqua, Vue and Icon in Gosford and Elysium in Terrigal.

The properties that have been sold are: Oracle at 138-142 Henry Parry Drive and 122-124 Erina Street, Gosford. With a site area of 3,882 sqm and approval for 180 units across two towers. A construction certificate has been issued for minor works on this site and substantial commencement has been achieved.

Sold for $5 million plus GST. Pinnacle at 150 Henry Parry Drive and 7 Watt Street, Gosford. With a site area of 3.965 sqm and approval for 101 residential units and 8 commercial suites. A construction certificate has been issued for minor works on this site and substantial commencement has been achieved.

This site adjoins the Oracle site.

CONTINUED ON PAGE 18 CENTRAL COAST BUSINESS REVIEW NOVEMBER 2020

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PROPERT Y NEWS

Denny offloads development sites

SALES

CONTINUED FROM PAGE 17

Sold for $4 million plus GST. Oracle and Pinnacle were acquired by the same Sydney Developer.

Azure at corner of Kurrawyba Avenue and Church Street, Terrigal. With a site area of 1,243 sqm and approval for 16 luxury apartments plus commercial and retail.

Sold for $6 million plus GST to Sydney property developer Dasco.

Driftwood at Ena Street, Terrigal. With a site area of 1,137 sqm and approval for 5 large townhouses. This property was acquired by a Central Coast builder for $2 million plus GST. Lumiere at 142-144 Albany Street, Point Frederick with a permit for 37 luxury apartments was purchased by a large developer from Sydney for $7.5m + GST Negotiations and currently underway for the sale of Peninsula on the corner of Duke and Albany Streets, Pt Frederick.

Construction had started on Peninsula with the basement being completed.

Development Approval for five towers comprising 101 luxury apartments is attached to this site.

All properties except Driftwood were sold through Sydney agents Cushman & Wakefield while Driftwood was sold through Paul Champion of Raine and Horne Terrigal.

Meanwhile Mr Denny’s Car Museum site at Stockyard Place, West Gosford has sold to local company Borg Manufacturing for $14.5 million.

Tradie buys new Somersby unit A local tradesman has bought Unit 3, 222 Wisemans Ferry Road, Somersby paying $485,000 plus GST. The 170sqm unit with 39 sqm mezzanine office is part of a newly completed office.

Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the sale.

fenced courtyard at the rear.

Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the asle.

LEASINGS

Sydney investor buys into Wyoming Industrial precinct A Sydney investor has bought Shops 3 and 4 at 4 Brooks Avenue, Wyoming.

One shop has been occupied for many years as a retail hobby shop. Each are 135 sqm in size.

Price paid was $530,000 (GST not applicable) Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale.

Logistics company signs long lease for West Gosford unit Logistics company, Able Logistics Solutions has signed a 5 year lease with 5 year option on Unit 7, 4 Merinee Road, West Gosford.

Unit 7 is a high clearance warehouse of approximately 209 sqm with glass frontage, reception area plus upstairs air conditioned office.

Rent paid was $31,300 per annum including Outgoings plus GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the lease.

Owner occupier buys at West Gosford An owner/occupier has bought Unit 6, 290 Manns Road, West Gosford.

The 245sqm factory warehouse unit has recently undergone a full refurbishment and is part of a larger complex built about 40 years ago.

Price paid was $545,000 plus GST. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale Investor buys Somersby unit An investor has paid $339,000 (GST not applicable) for Unit 2, 10 Sailfind Place, Somersby.

The 108 sqm unit comprises 20 sqm mezzanine plus 30 sqm concreted and

Local manufacturer leases Somersby unit A local manufacturer has leased Unit 2, 24 Pile Road, Somersby Unit 2 is a high clearance warehouse of 560 sqm with upstairs air-conditioned office of 90 sqm with reception, manager’s office, open plan space, meeting room, kitchenette and bathroom. is part of a complex of 3 united with excellent neighbouring tenants.

Terms of lease were 3 years with 3 year lease at a rental of $77,500 plus Outgoings and GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the lease.

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Features include: • Flexible lease terms • Competitive rentals • Excellent parking • Air-conditioning, carpets, kitchenette • Balcony access for East Wing suites • Exposure of Complex to Tuggerah Straight

For further details contact Julie Davies on 0402 779 186

Long Jetty boutique bottle shop lease An online liquor wholesaler has leased Shop 9, 314 The Entrance Road, Long Jetty.

Located in the heart of Long Jetty this 65 sqm retail space is on a corner site opposite the Long Jetty Hotel.

Terms of lease are 3 years with no option at a rental of $21,910.90 plus Outgoings and GST. Ben Purdue from Raine & Horne Commercial Central Coast negotiated the lease.

Physiotherapist leases at Long Jetty A physiotherapist who relocated to Australia from the UK five weeks ago has leased Shop 10, 314 The Entrance Road, Long Jetty.

Terms of lease for the 48sqm shop are 1 year with 1 year option at a rental of $19,855 per annum plus Outgoings and GST. Ben Purdue from Raine & Horne Commercial Central Coast negotiated the lease.

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RESIDENTIAL PROPERT Y REPORT

Pandemic causes huge knock on effect for local property market THE CENTRAL COAST housing market is currently experiencing an unexpected post COVID-19 boom, as Sydneysiders continue to migrate north in search of a new home.

By Jess Verrender The change in our rental market is perhaps the most astonishing, as vacancy rates continue to plummet.

With the rate now at below 0.5 per cent, the coast is currently in dire under supply.

Real estate agents say that house hunters are flocking to the region to escape the city or downgrade their current rental property as a result of the coronavirus pandemic.

“People from Sydney who have been working from home during the coronavirus now see living on the Central Coast as viable and much more affordable,” Brand Property Principal Andre Kubecka said.

It is the same story with the first homebuyer market. Brand Property was recently inundated with interest in a little threebedroom 464sqm property for sale in Tumbi Umbi.

14 Brenda Cr. Tumbi Umbi In a week, 65 groups came through the home at 14 Brenda Cr, which is now in cooling off with a sale price of $580,000.

“We received about 190 emails about this property and multiple offers including around ten firm offers, all within about ten per cent of each other,” Mr Kubecka said.

Rod Amos from Ray White Terrigal said that with so much owner occupier interest, the local real estate market has “turned the March COVID property forecast on its head.”

“Auction clearance rates have been the highest ever recorded across the coast and time on market is down to 3-4 weeks, in many cases days,” he said.

“Prices have capitalised since COVID unfolded. 50 per cent of buyers attending open homes are from out of area, and 70 per cent of those (estimated) transacting as buyers are also from out of area.”

8 Gem Road, Pearl Beach Holiday house haven Cathy Baker and her team from Belle Property Central Coast recently had one of their busiest periods ever, selling a year’s worth of private house sales over two winter months, right in the middle of the pandemic.

Ms Baker achieved multiple suburb records including sales in Macmasters Beach, Pretty Beach and a $5.2 million sale in Forresters Beach. She also transacted an eight figure sale that is a Central Coast residential record, however the sale price is unable to be disclosed. The majority of Ms Baker’s sales were holiday houses.

Agent Tim Andrews from LJ Hooker Terrigal said that the prestige weekender market had been ‘extremely solid’, mentioning a Wamberal sale where the buyers had purchased a property as an ‘option’ to get away from the city.

“It’s not only the holiday house market - I suspect there will be an influx of expats looking to come home with all the changes to international travel. We have seen examples of this already,” he said.

Pearl Beach booming McGrath Ettalong agent Dale Bassett recently sold around $14 million worth of Top five disclosed sales on realestate.com for October (to 27th) 29 Green Point Rd, Pearl Beach $5.805m 2 South Scenic Rd, Forresters Beach

$4.25m

354 Scenic Hwy, Terrigal

$3.65m

8 Eulalia Ave, Point Frederick

$3.48m

176 Oak Rd, Matcham

$3.35m

235A Scenic Hwy, Terrigal

$3.35m

Pearl Beach property in just five days.

Mr Bassett was tight-lipped about a big sale at 8 Gem Rd, which is currently in cooling off, however Central Coast Business Review understands that the price exceeds $6 million, which is a Pearl Beach record.

Snapped up by a Sydney entrepreneur, the beachfront home owned by renowned architect Brian Mazlin had not been sold since 1977.

“There is an explosive energy in Pearl Beach at the moment,” Mr Bassett said.

“Most Sydney buyers are looking for secondary homes – their own castle with a resort and separate work space, just an hour from Sydney.”

Just prior to Mr Bassett’s sale on Gem Rd, Stuart Gan from Central Coast Realty set a record at 29 Green Point Rd, Pearl Beach, selling ‘Seascape’ for $5.805 million.

HOT AUCTION IN NORTH AVOCA An original home with one of North Avoca’s best views recently sold under the hammer for $710,000 above reserve at auction.

Sold by Tim Andrews of LJ Hooker Terrigal, the deceased estate at 69 Tramway Rd was purchased by a Sydney couple for $2.31 million.

With the reserve set at $1.6 million (the highest pre auction offer), Mr Andrews said that the auction was extremely competitive.

“We had 14 registered bidders. This is a perfect example of why the auction system is currently working well. We could have easily sold off market for $1.6 million, but we achieved so much more for our vendor with a good marketing campaign.”

The dated brick home on a 1429sqm block includes uninterrupted ocean views from North Avoca out past Avoca headland.

The buyers plan to renovate and rent the property out.

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Caine King – CKDS – Keeping it local CONTINUED FROM PAGE 5

mentation.” Caine believes we also need to stop comparing ourselves to Sydney and Newcastle, be more confident in who we are as a region, become more parochial and implement a strong support local policy.

As for CKDS, their focus over the next five years will be on internal growth, continual improvement and to strengthen the urban fabric and master planning of the Central Coast, working closely with all stakeholders to assist with the implementation and delivery of the regional plan. Having worked with a business coach for the last twelve months has allowed Caine and Stuart to be more focused and structured in business. “We largely ran on intuition before because we were never schooled in business. We now understand you can create red tape for the sake of red tape, so don’t do that. We are still outside the box thinkers, so don’t put ourselves in a box. Our business coach helped us think about how we can make our business work for us in a flexible way and stay focused on what we love: the regions, while continuing to grow.”

As an architect, business owner, long-term local and UDIA Chair, Caine understands the Central Coast and what’s needed. “As a region we need to be very conscious of the quality of design we are left with. Our longterm plan is that we create something as a brand that will stand the test of time so we can see that change through and bring the experience needed to do so. When people use CKDS, they know that we really care about what we design in our backyard.”

Changes to Australia’s Migration Program for Businesses

By Sam Haln, Taperell Rutledge Lawyers, Gosford

The Federal Government has recently announced a range of changes to Australia’s migration program, with the intention of setting up businesses to drive economic recovery out of the COVD-19 pandemic.

Some of the major changes are: New Priority Migration Skilled Occupation List: This is a list of occupations for which the Federal Government will grant an inbound travel exemption (subject to 14 days of selffunded strict quarantine) as well as priority processing for various skilled migration and employer-sponsored work visas. The occupations are: • Chief Executive or Managing Director • Construction Project Manager • Mechanical Engineer • Medical Practitioner (GP, RMO, Psychiatrist, not-elsewhere-classified) • Midwife • Registered Nurse (Aged Care, Critical

Care, Emergency, Medical, Mental Health, Perioperative, not-elsewhere-classified) • Developer Programmer • Software Engineer • Maintenance Planner Boosting Global Talent Independent program (“GTI”) visa intake numbers: The annual intake for GTI has increased from 5,000 (which was quickly filled in 2019-2020) to 15,000 for 2020-2021.

GTI is designed to attract high-achieving internationally-recognised individuals in 7 industry fields to Australia: AgriTech, FinTech, space and advanced manufacturing, energy and mining tech, cybersecurity, and quantum/data science/advanced ICT. As a minimum, applicants must attract a salary greater than the Fair Work High Income Threshold (currently $153,600 per annum).

Complementing the GTI is the Global Talent Employer Sponsor program (“GTES”) for employers who are unable to fill highlyskilled niche positions locally or via other visa programs. It is designed for tech-based roles that do not fit neatly into an occupation under the list of Australian and New Zealand Standard Occupations.

Access to GTI and GTES is complex and it is recommended that you seek advice from an immigration lawyer or registered migration agent.

Please talk to us if you are interested in access to these programs or other visa programs

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Call Edgar Adams now on 0404 472 571 or email: edgaradams@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW NOVEMBER 2020

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BUSINESS TIPS

Employer payouts in employment claims increasing

By Warwick Ryan, Partner, Hicksons Lawyers

FOR MANY YEARS, employment law claims were limited to modest awards of damages – not comparable to the higher awards in personal injuries claims. This has changed in the shadow of a number of cases including: 1. A $65 million class action initiated 2 years ago against a labour hire company; 2. An award to a mid-level accountant of $600,000 for a redundancy mishandled by the employer; and 3. A recent award by the Federal Court of Australia of $5.18m in compensation for an employee dismissed after he made multiple complaints about his employment, including bullying.

In case 3, a former senior employee brought a case against enterprise software company TechnologyOne[1], and the CEO for compensation after he was dismissed for exercising a workplace right.

Orders were made against TechnologyOne. Notably, and of concern to all employ-

ers and managers, the CEO was also held personally liable for his part as the primary decision maker in the dismissal.

The employee, a long-term manager with a track record of securing lucrative deals for the company, made complaints on seven occasions, including complaints he was bullied. After he was summarily dismissed (taking immediate effect), the worker suffered a mental breakdown and was unable to work for a protracted period.

The employee brought a case against his former employer for dismissal in contravention of the Fair Work protections,[2] claiming he was dismissed for: • Exercising his workplace rights to make complaints about his employment, including bullying; • Proposing to bring legal proceedings under a workplace law; and • Having and proposing to exercise a safety net contractual entitlement.

The court had to determine whether the employer’s reason for dismissing the employee was in part because of the exercise of his workplace rights. The onus was on the employer to prove, on the balance of probabilities, that adverse action was not taken for a prohibited reason (that is, the exercising of a workplace right). The court found that TechnologyOne failed to establish this and had therefore breached the Fair Work protections.

This resulted in an award of compensation amount of $5.18 million.

The significant size of the awards against employers in recent years would pose an existential risk for many businesses.

These awards have been for a range of breaches of the legislation(s), including: 1. Class actions for retrospective underpayment; 2. Claims based on adverse action; and 3. Claims that casual employees are permanent employees.

These awards of compensation can be enforced against individual directors and even managers.

What actions should employers take to protect themselves and their business?

Firstly, check your insurance policies.

Directors and Officers Liability and Employment Liability policies are becoming increasingly important in this costly environment.

Even more importantly, focus on: • Responding to complaints about bullying; • Properly managing a disciplinary process involving an employee; and • Getting clarity around your award obligations.

Specialised employment law advice can help reduce the likelihood of a costly award against your business.

A simple telephone call with Warwick Ryan, Workplace Relations Partner at Hicksons, could make all the difference.

Service CENTRAL COAST BUSINESS REVIEW NOVEMBER 2020

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BUSINESS TIPS

MIND YOUR BUSINESS

By Troy Marchant, Director, Adviceco Chartered Accountants

Improve your Business Financial Literacy THERE’S A DIRECT correlation between a business leadership team’s financial literacy, and business success.

Those who can crunch the numbers with technical competency will more easily identify the business strengths and weaknesses that require decisions and actions.

That being said, it is understandable that most business owners are experts in a different field – not in financial management. This amplifies the necessity for accounting software and professional advice: • Accounting software is an absolute necessity of modern business management and will produce real-time and accurate reports. Thanks to

advances in technology, businesses are data rich. Financial literacy helps you to create meaning out of the data.

It is the ‘so what’ factor.

• Curate your team to include Chartered Accountants. Meet with them regu-

larly and ask questions. Anything you don’t understand about your reports is a missed business opportunity.

The three reports you need to run, understand and interrogate on a regular basis are:

Report

Intel

Frequency

Cash flow statement

Bank reconciliation and budget

Weekly

Profit & Loss/Income statement

Where the money is coming from and where it is going

Monthly

Balance sheet or Statement of Financial Position

Company assets, liabilities, net asset position and equity. This will indicate your financial health. For many business owners, the line between business finances and personal finances is a thin one.

Yearly

Financial literacy is not something that can be reserved for the CFO or Accountant, the entire management team needs to be able to interpret financial reports that inform the wider business strategy and leads to aligned and strategic decision-making.

Troy Marchant is hosting a free business workshop on Wednesday 25 November, 5.30pm, Albany Street North, Gosford on how to support your business during and post COVID-19. Places are limited due to COVID safe measures. Register at www.adviceco. com.au/events/

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FUNNY BUSINESS

A lawyer was walking down the street when he saw two cars crashing into each other, rushing over he said, “I saw everything I can take either side!”

Faced with hard times, the company offered a bonus of $100.00 to any employee who could come up with a plan to save money. The bonus went to a young man in accounting who suggested limiting future bonuses to $10.00.

I reversed into a car this morning. I knew it was going to be a really bad day. The driver of the other car was a dwarf. He got out of his car, looked up at me and said, “I am NOT happy!” So I said, “Well, which one ARE you then?” That’s how the fight started.

A business owner tells her friend that she is desperately searching for an accountant.

Her friend asks, “Didn’t your company hire an accountant a short while ago?” The business owner replies, “That’s the accountant I’ve been searching for This guy is walking with his friend, who happens to be a psychologist. He says to this friend, “I’m a walking economy.”

The friend asks, “How so?”

“My hair line is in recession, my stomach is a victim of inflation, and both of these together are putting me into a deep depression!”

A driver was forced to take a day off from work to appear for a minor traffic summons.

He grew increasingly restless as he waited hour after endless hour for his case to be heard.

When his name was called late in the afternoon, he stood before the judge, only to hear that court would be adjourned for the rest of the afternoon and he would have to return the next day.

“What for?!?!?” he snapped at the judge.

His honor, equally irked by a tedious day and sharp query, roared out loud: “Twenty dollars contempt of court! That’s why!”

Then, noticing the man checking his wallet, the judge relented: “That’s all right. You don’t have to pay now.”

The young man replied, “I know. But I’m just seeing if I have enough for two more words.”

Martin had just received his brand new driver’s license.

So the family gets in the car to go for a ride for the first time.

Dad immediately heads for the back seat, directly behind the newly minted driver.

“I’ll bet you’re back there to get a change of scenery after all those months of sitting in the front passenger seat teaching me how to drive,” says the beaming boy to his father.

“Nope,” comes dad’s reply, “I’m gonna sit here and kick the back of your seat as you drive, just like you’ve been doing to me all these years.”

A guy says, “Doctor, Doctor! Help me, I keep thinking I’m getting smaller!”

The Doctor replies, “Well, you’ll just have to be a little patient.”

er-type things for a while, and handed the doctor a bill for $800.

The doctor exclaimed, “This is ridiculous! I don’t even make that much as a doctor!”

The plumber waited for him to finish and quietly said, “Neither did I when I was a doctor.”

Two gas company servicemen, a senior training supervisor and a young apprentice were out checking meters in a suburban neighbourhood. They parked their truck at the end of the street and worked their way to the other end.

At the last house, a woman looking out her kitchen window watched the two men as they checked her gas meter.

Finishing the meter check, the senior supervisor challenged his assistant to a race down the street and back to the truck to prove that an older guy could outrun a younger one.

As they came running up to the truck, they realized the lady from that last house was huffing and puffing right behind them.

They stopped and asked her what was wrong.

Gasping for breath, she replied, “When I see two gas men running as hard as you two were, I figured I’d better run too!”

Quote of the month “To contract new debts is not the way to pay old ones.”

A pipe burst in a doctor’s house. He called a plumber. The plumber arrived, unpacked his tools, did mysterious plumb-

George Washington 1799

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