Burgtec signs long lease on new Berkeley Vale factory

SALES

Warnervale Cubbyhole units selling

Jaimy Vetger from DiJones Commercial Central Coast reports the sale of units 40 and 41 in the Cubbyhole development at 2 Warren Road, Warnervale.

With a total area of 62 sqm the units sold for $265,000 plus GST.

Owner Occupier buys 98sqm retail shop A buyer who plans to occupy Shop 1 at 36-38 Showground Road, Gosford opposite Gosford Railway Station has paid $533,000 plus GST for 98sqm cold-shell.

The shop is on the ground floor of residential unit block and adjacent to the Gosford Super Mart convenience store.

Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale.

RMS sells West Gosford block to undisclosed buyer at auction

The NSW Roads and Maritime Services agency has sold a vacant 5 lot triangular shaped property, 3A Debenham Road South, West Gosford, with a total area of 1,929.5sqm.

The site overlooks Central Coast Highway and is zoned 92% B5 (Business Development) and 8% zoned IN1 (General Industrial).

The government owned property was sold at public auction where there were 6 registered bidders: 2 present, 2 online bidders and 2 phone bidders.

The buyer, a local business, paid $1.4 million plus GST however their identity has been withheld.

Karen Aubrey from L J Hooker Commercial Central Coast reported the sale. Central Coast furniture manufacturer Burgtec has signed a 6 year 9 month lease with 2 x 5 year option on Building A at 10 Corella Close, Berkeley Vale.

Building A is of 3,100sqm and forms part of a 5-building complex that has seen tenants Interpod and Innovair relocate their operations to the new site earlier this year

The property has been developed by Power Projects International who will retain the building to the rear of the block.

Brad Rogers from Raine & Horne Commercial Central Coast negotiated the leases on all sites.

Commenting on the development at 30 Apprentice Drive and 10 Corella Close, Mr Rogers said that they have been exciting inclusions to the Berkley Vale landscape.

“The four buildings constitute significant industrial buildings that accommodate the needs for some local manufacturers and has successfully absorbed some of the high level of demand that the Central Coast industrial market has been experiencing,” he said.

“The quality of the businesses committed to the buildings show the extraordinary depth of local manufacturing. Power Projects International, Interpod, Burgtec and Innovair are all successful locally based businesses enjoying growth within the current climate.

LEASINGS

Burgtec signs long lease on new Berkeley Vale factory

Power Projects International development site at Corella Close, Berkeley Vale – Burgtec factory bottom right hand corner

Wyong office space leased An NDIS business has leased a 165sqm office space in The Halton Rivers Business Centre at 34-36 Pacific Highway, Wyong.

Terms of lease for Suite 3 are 1 year with 3 x 1 year options at a rental of $46,00 per annum including Outgoings plus GST.

The lease was negotiated by Ty Blanch and Robert Bose from LJ Hooker Commercial Central Coast Physiotherapist leases Tuggerah industrial unit A physiotherapist has leased a single level office suite with premium fitout of 270sqm in a industrial complex at 8 Teamster Close, Tuggerah Business Park.

Terms of lease for Unit 11 are 3 years with 3 year option at a rental of $41,000 per annum including Outgoings plus GST.

Ty Blanch and Robert Bose from LJ Hooker Commercial Central Coast negotiated the lease.