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Print Post Approved – PP100001854
Vol 28 August 2018
Published monthly (except January)
Page 8 Edgar Adams’ Editorial Confidence driving Gosford
Pinnacle buying up in Gosford KYLIE & STEVE Crowds flock to opening of Chocolate Factory ROGERS StHilliers looking to develop hotel on Gosford site Safe Travel Solutions Central Coast to Sydney Fast Ferries – NRMA advances to the case
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CON T EN TS
Read ersh ip
20,00 0 Cover story 4 Steve and Kylie Rogers – Safe Travel Solutions
Business news 7 Pinnacle buying up in Gosford 9 StHilliers looking to develop hotel in Gosford 11 Crowds flock to Chocolate Factory opening 12 Koolewong Marina a first class boating destination 13 Win for Personalised Favours at Bridal Industry Awards 13 Red carpet out for Ettalong Beach visitors 14 PKF expands presence to Central Coast 14 Changes at Robertson & Robertson 13 Aubrey Brown Lawyers opens Erina Office 15 Oddfish Media appoints Digital Marketing Director 15 New owner for Interline Guttering Services after 40 years 15 NEXUS Smart Hub welcomes new businesses 16 Travel – Mysteries in the desert 1 Great buzz for Makers and Technology Festival
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17 Central Coast to Sydney Fast Ferries – NRMA advances the case 18 Wide investor interest in Lisarow industrial property 19 COMMERCIAL AND INDUSTRIAL PROPERTIES FOR SALE / LEASE 20 Investor buys Somersby industrial property on 8.88% return 21 Development company leases in Erina 22 Residential Prestige Property Report 23 Are suspicions of misconduct enough evidence to terminate in the workplace? – The Fair Work Commission thinks no 23 Getting back to business 24 The case to reduce Payroll Tax 25 New Ai Group report on energy crisis – “From worse to bad”
Regular features 8 Edgar Adams’ Editorial
Confidence driving Gosford
14 Business briefs 18 Property news 27 Residential prestige property report 24 Business tips 26 Funny business 27 BUSINESS SERVICES DIRECTORY
Front cover: Kylie & Steve Rogers – Photo: Jeff McGarn
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COV ER S TORY
Steve and Kylie Rogers – Safe Travel Solutions Protecting precious cargo for more than 25 years The 2017 Counts of Australian Businesses report released by the Australian Bureau of Statistics revealed that of the 22,480 businesses in our region, micro and small businesses represent the largest group by a long shot. They are the backbone of our economy. A prime example is the subject of this month’s cover feature. Owned and operated by husband and wife team, Steve and Kylie Rogers since 1992, the small business, has had to be continually adapted and reinvented in order to stay relevant and survive. Today, only a very small percentage of turnover is derived from the business’ original focus –child safety restraint fitting. While the Rogers are still the preferred local RMS authorised fitters of baby and child safety restraints on the Central Coast, the business has evolved with the times to include all vehicle occupant safety needs, including the fastest growing consumer group for the business today, people living with a disability. Steve and Kylie’s story is one of resilience, determination, integrity and a strong commitment to serving the local community. Safe Travel Solutions began its life as a baby restraint fitting station run by the NRMA in Gosford in 1986 before being purchased privately and operating as Child Safe Central Coast, a hire and fitting service. The original owner sold the business to Kylie’s father, Barry in 1990, who subsequently renamed the business, Child Safe Gosford & Wyong, and expanded the ser-
vice offering to include the sale of car seats and cargo barriers. The plan was for Steve to join his father-in-law in the business to learn the ropes and eventually buy it from him. However things moved much faster than anticipated. Barry was diagnosed with Leukemia and Steve and Kylie stepped in while he underwent treatment, eventually buying the business from Barry when he retired in 1993. After more than ten years with Myer/ Grace Bros, Steve said it was like “being thrown in the deep end”. But the couple was committed to making it work and they set their minds to learning everything they could about the fitting of safety restraints and running a business. The intention from the start was to work together to create a small, successful family business but, like any small business owner would know, the journey can be fraught with challenges. “Money was extremely tight back then,” said Kylie. “If you don’t micromanage the finances in the early years in small business you will go belly-up very quickly.” Steve did the books every weekend (and still does). He said, “I never had to wait for the accountant to tell me how we are tracking.” Keeping a tight rein on the finances allowed the couple to take advantage of specials offered by the manufacturers, which in turn, increased their sales. Furthermore, their main road location at the time and reputation for unmatched service allowed the Rogers to pay off their business loan quickly and employ a small, stable team of part-time staff who they trained to become author-
By Phaedra Pym
ised fitters. A strong point of difference for the Rogers and their staff is that they have always taken the time, when fitting car seats, to demonstrate the safety features and fitting process to their clients, even if the product was purchased elsewhere. “Competitors come and go, but they’re not specialist fitters,” said Kylie. “The larger retailers offer ridiculous prices but end up shooting themselves in the foot because it’s unsustainable. What we do is sustainable to the point where we can run this business with just the two of us if need be.” As an increasing number of people began turning to the Internet to purchase a child car seat at prices the Rogers couldn’t compete with, sales dropped significantly. This signalled a need to think outside the square and consider what other products and services they could offer. When Steve discovered that there was nobody on the Central Coast capable of (or interested in) installing windows and extra seating in commercial vans, he travelled to and from Sydney over a 12-month period to learn how to do it through his supplier. Steve had already developed an excellent rapport with many local car dealerships, so when they learned about Steve’s new service offerings, they began sending all of this type of work, in addition to all the “tricky seatbelt jobs”, his way. Whenever Steve was asked, ‘Can you do xyz?’ he would learn how to do it. Before long, word spread from dealership to dealership about the broad scope of Steve and Kylie’s service offering. They have also earned great trust
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COV ER S TORY
in the industry by always owning up to any mistakes and fixing them immediately. The trade side of the business is important to them. As Steve said, “I think small business should always support small business.” However this side of the business has also suffered in more recent years, due to an increasing number of car manufacturers offering modifications as optional extras. So it was back to the drawing board to see what else they could do. Steve and Kylie’s service offering further diversified after a local disability organisation approached Steve to see if he could help them with the installation of wheel chair lifters and other modifications specifically designed for the safe transportation of people living with a disability. Once again, Steve saw this as an opportunity and learned how to do it, travelling to Newcastle to work with an expert fitter there. “Going to Newcastle is like crossing some kind of border,” said Steve. “People are happy to pay more. The Coast is a hard market.” These days people travel from Newcastle, Sydney and beyond for Steve’s expertise. ”Whatever the customer wants and needs, we can do,” said Steve. “And nobody else on the Coast seems to want to do what we do.” Kylie added, “Our business does well because Steve is in the workshop. People get referred to Steve. As business today becomes less personal, people appreciate that it’s as personalised as ever when they come to us.” The move into disability retrofits triggered a rebrand of the business in 2005 to Safe
Steve and Kylie Rogers in their Safe Travel Solutions showroom Travel Solutions to reflect the fact that they look after the safety of all vehicle occupants. The rebrand closely coincided with a move to new, larger premises, which they now own outright. Today, most of Steve’s work is workshop-based and he has built relationships with a network of specialist service providers, including engineers, upholsterers and welders, to assist him as required.
“If you give, it will come back to you.” The fitting of child seats only represents about two per cent of their turnover today, however Steve and Kylie remain as committed as ever to their role as the Coast’s
number one RMS accredited fitters. Both are extremely passionate about the protection of “precious cargo”, as they call any vehicle occupant, and dedicate a lot of time to educating members of the public about vehicle occupant safety. Much of this work, including baby and child restraint fitting for foster carers – “the unsung heroes of the Coast”, as Steve calls them – is done free of charge. “If you give, it will come back to you,” said Steve. “I feel that message is lost on the younger generation.” Steve and Kylie have no plans to grow their team. “We don’t have a five-year plan but we’re content where we are right now,” said Steve who describes what he does as his hobby. “I’ve got my garden at home and I’ve got the people I look after here. What more could I want?”
CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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BUSINESS NEWS
Pinnacle buying up in Gosford
Merindah Apartments at 21-33 Mann Street, Gosford overlooking Brisbane Water SYDNEY BUILDER AND developer Pinnacle Constructions has recently acquired three major development sites in Gosford with plans to move ahead with developing them in the short term. With excavations complete and foundation now being laid for their Merindah Apartments project in Mann Street, Gosford, Pinnacle Constructions report that another crane will be seen on the Gosford skyline in the next month when construction moves into the next phase. Merindah is a 140 apartment development over 15 levels with three levels of basement car parking and featuring a podium garden with fantastic water views for the use of residents. Currently Pinnacle are fitting out a display suite at 33 Mann Street which will be completed by mid-August and will be the base for the company’s future marketing.
Meanwhile, over the past three months the Sydney based builder has added three high profile Gosford properties to its portfolio of development sites that will give it a pipeline of work for the next five years worth over $500 million. Pinnacle Founder and Director, Joe Bechara said that Gosford offers some of the best water views and lifestyle opportunities in the state and the State Government now backing its revitalisation the city’s future is ensured. “This has given us the confidence to invest and make the Coast our future,” said Mr Bechara. Mr Bechara’s buying spree has netted him some of the most talked about properties in Gosford. Henry Parry Drive, Gosford. Formerly the old Gosford Quarry site and in more recent years known as ‘the hole in the ground’ this site has the potential to be
one of the most sought after developments with uninterrupted views of Brisbane Water when completed. The over 2,000 sqm site with Development Approval for 100 apartments was acquired by Pinnacle in June with the project to be marketed and re launched in the last quarter of 2018 subject to a final design review of the project with its stakeholders and Council. Mr Bechara said that cleaning of the site and all overgrown vegetation is currently underway and said that “we are genuinely excited and committed to this development John Whiteway Drive, Gosford This property is right on the top of the hill overlooking all of Brisbane Water and Gosford and comprises some 9,500 sqm. It was acquired with a current DA for 180 units but Pinnacle has lodged a new DA which it believes is more commercially viable.
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EDITORIAL
Edgar Adams discusses local issues
Confidence driving Gosford fruit cakes that got themselves elected to LAST MONTH CENTRAL COAST Council Council a year ago and have done nothvoted to oppose the Gosford City SEPP ing but play politics to the whole region’s which will take all developments over $10 detriment ever since. This lot are here for million out of their hands. Can someone another two years! who lives in the real world tell them that it Meanwhile the previous McKinna/ is all over. Anderson Gosford Council created the Over the past six months the Minister foundation for investment in Gosford for Planning, the Department of Planning and now Minister Roberts has taken over. and the Central Coast Coordinator General Confidence in Gosford City is becoming and their staff have gone through the most infectious. Read our story this month about extensive consultative process asking peoJoe Bechera a Sydney builder who has just ple what they want for Gosford City as well acquired three development properties as having the Government Architect come because he has the confidence to invest up with a plan to revitalise Gosford. here. He adds to all the construction now At the same time the Minister has underway thanks to John Singleton and announced that the Government will invest Tony Denny both of whom have started $42 million in infrastructure in Gosford something that Central Coast Council can’t City plus $10 million on improving the stop. Its called Confidence. streetscape and Kibble and Leagues Club With NorthConnex opening up next year Park. Add to that over half a billion dollars there is a lot of enquiry coming from busiinvested in a new Gosford Hospital, Car Park ness and investors who see the opportuniand Medical Research Institute as well as ties and are looking at coming to the Coast. the government agency that anchor the Trouble is there is no industrial land of any new commercial building which StHilliers size ready to go. This can be sheeted home is finishing off in Gosford and the Tax Office to past councils – Gosford and Wyong – and in the space of four years we now have who have played ducks and drakes for a City on the move. Incidentally StHilliers the past ten years and more and discourare about to put in a DA for a residential aged developers from opening up land for development on their site and are talking employment purposes. to a hotel operator about a hotel as well. Somersby Industrial Estate is a case Also the Minister has appointed the man in point. While this Council opposes an who has very successfully overseen the expansion of Somersby there is a huge area revitalisation of Newcastle to oversee the that has all sorts of constraints on it. Some Revitalisation of Gosford. land parcels are subject to AM Infrastructure And no one can stop it, in particular the Murrays_Erina-tamworth ad_small_update.pdf 1 2/17/15 10:24
Levies placed on the land when it was zoned industrial in the early 1970s that now amount to three times the actual market value. Other lots have a so called ‘endangered species’ called Somersby Mint Bush on them and there are Aboriginal drawings on others. The question that has to be asked about Somersby is, “is this an industrial area or is it a botanical garden”? It is that ludicrous. And there is another question, “how did the calculation of the Infrastructure Contributions get to the amount they have”? At the same time we have an opportunity to develop the Warnervale Airport but this has been turned into a political football by the Labor Party who is mindlessly chasing votes and listening to the lies being put out by the activists. 747s never ever could land at Warnervale it is an impossibility. The whole point of all this is that it should be an absolute top priority of this Council to ensure that good well-paying jobs are created here in the region by the private sector so that people don’t have to spend four hours plus a day getting to work in Sydney. Edgar Adams Editor
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BUSINESS NEWS
St Hilliers looking to develop hotel on Gosford site ST HILLIERS EXECUTIVE Chairman Tim Casey doesn’t like losing, or the word can’t, and he has established a team on the Central Coast capably led by Ben Taylor and James Galvin, who share his vision to deliver results. Results that in this instance will resuscitate a flagging city precinct, providing the catalyst for regeneration and further growth. Speaking at a recent address to his teams across the country, he praised the people who brought to fruition the company’s commitment to working on projects that mattered, reinforcing his personal obligation to the Central Coast and their flagship Gosford development - Central Coast Quarter. “We are looking at Government led regional and provincial development opportunities, particularly in growth markets. And in sites that are larger and lend themselves to staged developments,” he said. “We are focusing on developments where the outcome is important, where communities will prosper, be reinvigorated or reinvented, as a result of the projects which we work on. Those where our partners aren’t just driven by the dollar. “Government authorities make good bedfellows because they reflect this same sense of community purpose. And so we continue to strengthen our ties with government clients, reflected in our projects across the defence, health and education portfolios. For St Hilliers, that means constantly adapting to the market and in the construction space, it means organic growth based on servicing key clients. It means development opportunities driven by mixed use
St Hilliers Gosford development at 32 Mann Street ‘topped out’ on May 25. Completion is planned for late 2018 developments – a blend of retail, hospitality and commercial tenants. “We are currently exploring the opportunity to include a hotel in the Central Coast Quarter development, along with commercial space,” he said. “The residential market is somewhat quiet and rather than hold up the project and wait for the inevitable cycle to resurrect itself, we are actively talking to a number of recognised brands who view Gosford and the Central Coast in the same positive light as we do. “We understand that there has been little accommodation of this nature added to this part of the Coast in nearly three decades and this itself presents an opportunity that we are exploring.
Tim Casey, Executive Chairman, St Hilliers “We have recently opened a significant development in Penrith, with Quest as the key partner and obviously that provides a good starting point for discussion.” St Hilliers has also reached terms with a significant government service provider for a large part of the 32 Mann St building and is in active discussions with a number of government departments. Meanwhile 1,500sqm of space is presently available for a commercial tenant.
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BUSINESS NEWS
Crowds flock to Chocolate and Nougat Factory for opening ALL HE DID was put it out there on Facebook and tell the world that the grand opening of his new Chocolate Factory at West Gosford would be opening on the weekend in late July and the people just turned up – 7,000 of them over two days! In one weekend Andrew Yiasemides’ has created an iconic tourist attraction for the Central Coast with Factory Tours, Chocolate Workshops including Junior Workshops for kids, a European style Café Patisserie, a Retail Store selling every type of top quality chocolate and confectionary that equals any in the world including those he makes in the Chocolate Factory. The world-renowned producer of Australian made confectionary products; Bon Bon Fine Chocolate, Nougat Limar and The Sydney Marshmallow Co in Jusfrute Drive, West Gosford couldn’t believe how successful this new addition to his business would be. “It was amazing. There was a queue stretching back to the shopping centre before we opened,” Mr Yiasemides told CCBR. “And it continued all day Saturday and Sunday.” “I want this to be a place where you can feel like a kid again, escape reality and indulge in the sweeter things in life. The Factory will bring a new place to meet up for a coffee, spend quality family time together and learn about the wonderful world of chocolate,” he said. Mr Yiasemides relocated his factory to West Gosford in 2008 but Bon Bon Fine Chocolate was born in Double Bay in Sydney in 1982, as an exclusive boutique supplier of handmade chocolates. Bon Bon was loved by many customers, with one of them Mr Yiasemides, eventually becoming the owner, taking over the business in 2002. Since then Bon Bon has had stores in the Queen Victoria Building and The Strand, including a cafe. Unable to find the perfect Nougat for his shops Mr Yiasemides learned how to make it in his home kitchen and create the perfect Nougat. When it was finally introduced to the public through Bon Bon Fine Chocolate shops it was quickly picked up by Food writer and critic Mr John Newton who said Andrew’s Nougat was the best Australian Nougat he’d ever tried. He named this delicious product “Nougat Limar” and its popularity was instant. It is now available Australia wide, exported to New Zealand, USA, Canada, Europe, Asia. A few years ago, as Sydney retail rentals continued to sky rocket Mr Yiasemides closed his shops and concentrated on manufacturing but he had the dream to turn his West Gosford factory into a new Bon Bon Fine Chocolate shop, the only one in Australia.
Chocolate Shop at The Factory He achieved that with the opening of The Factory last month. “There’s never been an interactive chocolate experience quite like this on the Coast, in Sydney or even in Australia,” enthused Mr Yiasemides. “Central Coast locals and tourists alike can visit The Factory to experience something new, so much of life is now on screen, people live vicariously through tv shows. The Factory offers a place for people to live in real-life and enjoy good old-fashioned fun feeling as he did so many years ago when he embarked on his journey in chocolate “Like a kid in a candy Store”. From exploring new products in the shop, to catching up with friends in the cafe, The Factory isn’t just about making chocolate, it’s about making memories.” With one of the most exclusive ranges of hand-made
Andrew Yiasemides chocolates in the country, The Factory retail store is a trove of indulgence, and with a gourmet patisserie, professional baristas, activities and experiences, The Factory is set to become a must-stop destination for travellers and tourists
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BUSINESS NEWS
Koolewong Marina a first class boating destination THE KOOLEWONG MARINA opened to a fanfare of fireworks and entertainment in early 2017 and in the eighteen months since the $5 million investment by owners Symantha Suprain and Les Binkin has been well and truly justified they say. The 50-berth marina has set a high standard for Brisbane Water to become a major boating destination outside Sydney and the Hawkesbury. The boating industry has a high economic impact and Koolewong with its sheltered location is becoming very popular with local boat owners as well as visitors who are now being attracted to the Coast. Marina Manager Jeff Webber said that boats from several prestigious boating clubs in Sydney, Pittwater and Port Stevens have visited the Marina in the past twelve months and taken advantage of the hotel style facilities offered. “Brisbane Water is a big area with a lot of areas for boat owners to explore. It is a tourist attraction in its own right and is underutilised from that perspective,” said Mr Weber. Mr Webber said that more boat owners are seeing the advantages of berthing at the marina, particularly in respect to security. “We offer after hours security, CCTV monitoring and controlled pier access,” he said. And there are all the other facilities that include fresh potable water, pump-out facilities, 3-phase shore power, boat management and maintenance along with the Boathouse Bar and Restaurant with
Koolewong Marina at Murphys Bay, Koolewong panoramic views of Brisbane Water. D’Aprix Marine Services offer a wide range of maintenance services and are now based at Koolewong. International Boat Brokerage owned by Bob Tuckwell is based at the Koolewong Marina leasing one of the commercial office suites available in the Boathouse. Since opening Koolewong Marina has been awarded the Clean Marina and Fish Friendly Marina award. The International
“Clean Marina Program” is a voluntary, incentive-based education program that encourages best practice of environmental management within the industry. Equally a “Fish Friendly Marinas” award require operational plans and procedures ensuring the marina is free from marine pests; providing beneficial outcomes and habitat for native fish1 The bottom line is to assist the marina industry in their endeavours to protect inland and coastal waterways
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CENTRAL COAST BUSINESS REVIEW AUGUST 2018
BUSINESS NEWS
Win for Personalised Favours at Bridal Industry Awards CENTRAL COAST WEDDING and special occasion online marketplace, Personalised Favours, has taken out the coveted Designer of Dreams award at the ninth annual Australian Bridal Industry Awards (ABIA) held on the Gold Coast last month. Winner of the ‘Best Bonbonniere’ four years running, Personalised Favours was eligible for a National Designer of Dreams nomination due to being voted as a finalist by its customers for the fifth year in a row. To be nominated in this category, a business must also achieve an average rating of 98% or above with its customers. More than 3,700 businesses were rated by 102,293 newlyweds over the past four years, with just over 300 finalists making the cut. Personalised Favours Founder and Joint Managing Director, Melissa Wilkinson, said she was thrilled to receive this national award as a result of customer satisfaction. “It shows that we are excelling in the four pillars of perfection on which the award is based – Quality of Product, Quality of Service, Attitude of Staff and Value for Money – with all of these being areas we pride ourselves on and strive for continual improvement. “Knowing that we are going above and beyond to keep our customers happy is a credit to our talented and hardworking team and we’re especially excited to accept this prestigious award.” Joint Managing Director Matthew MosseRobinson said “Receiving the ABIA award is testament to the strong focus we place on providing every one of our customers the best possible experience,” Matthew said. “Being an online business, we have invested heavily in training and recruiting
staff who are the right fit, to ensure we consistently offer first-rate customer service and we’ve made significant investments in technology – even designing our own purpose-built software -- to ensure we meet and exceed our customer expectations. “We are always on the lookout for new and innovative ways to stay ahead of the game and make experiences across our online marketplaces more convenient, user-friendly and positive for all of our customers.” The Australian wedding market consists of an estimated 40,000 businesses, making it challenging for couples to determine which vendors will be right for their wedding day.
Personalised Favours Joint Managing Directors Melissa Wilkinson and Matthew Mosse-Robinson with John O’Meara ABIA Chairman (c )
Red carpet out for Ettalong Beach visitors
Peninsula Tourism Partners founders, Wolfgang Zichy, Kim Cole and Steve Brooks Taking tourism promotion on the Central Coast into their own hands businesses at Ettalong Beach expect an influx of visitors in September when the Studebaker Car Club makes its third visit to the Coast as part of an entertainment packed weekend. Hosted by Ettalong Diggers Club and Peninsula Tourism Partners the ‘Show and Shine’ event will feature some 40 vintage Studebaker cars. In conjunction with the car show Sunday 9th September will be Red Carpet Day. Participating business will be offering discounts and special services and buskers will be lining the streets providing music around the town. Tourism Administrator at Ettalong Diggers, Kim Cole, said, “We want to create a festival air about the town. Unfortunately we won’t be seeing any visitors from the Northern Beaches of Sydney as the Ettalong – Palm Beach Ferry hasn’t been running since May and with the dredging not even started we have to do what we can to get customers into Ettalong Beach and showcase the wonderfully eclectic businesses for locals and visitors to discover” “We are looking to make this an even
bigger event next year by inviting other car clubs. Including vintage, Porsche and Mazda.” Set up last year Peninsular Tourism Partners comprises Bill Jackson CEO Ettalong Diggers Club, Kim Cole Tourism and Visitor Information Centre Administrator, Steve Brooks Managing Director of ACCOM and Wolgang Zichy owner of Café Republik Mr Zichy said, “we are on our own in respect to tourism promotion so some of are getting on with it by doing something that hasn’t been done before. Our Peninsula Dollar promotion last year was a good start.” Peninsula Dollars – Platinum edition has just been launched. Book accommodation with Accom Holidays and Short Term Stays and receive nine exclusive discounts and special offers from participating businesses. “The Peninsula Tourism partners have no financial budget just passion for the region in which they live and work. The group aim to showcase to not only Australia but to the world what a wonderful holiday destination Ettalong Beach and Peninsula truly is,” said Ms Cole. CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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BUSINESS BRIEFS
further expand their product range to their current database of customers. Graham and Scott McMullen of Argyle Estates Business Brokers listed this business in early April, sold it by mid May and settled in early July, commenting the enquiry rate for this quality business was staggering. The Rossello family have taken a Lease on the premises for 9 years with a commencement rent of $78,000 p.a. + GST plus outgoings and with a first right of refusal to purchase the freehold property if it were to come onto the market.
John Swaine, Daniel Smith and Steve Meyn PKF expands its presence to Central Coast Global accounting and business advisory firm, PKF, has announced that Erina firm Smith Swaine Chartered Accountants has joined the PKF family and will be known from 1 July as PKF Central Coast. PKF is a group of like-minded, independent firms focused on providing quality service to decision makers in business. Steve Meyn, Managing Director of PKF Sydney and Newcastle said that “the addition of the Central Coast firm will strengthen PKF’s NSW presence and offer a real alternative for Central Coast businesses.” Daniel Smith, who founded Smith Swaine in 2013 said, “joining PKF gives us the ability to access a wider and deeper pool of expertise to meet the demands of our clients. Our clients will continue to enjoy the personalised local service we have always offered, but also benefit from access to international resources, experts in specialist areas and high quality global connections.” Both Daniel Smith and John Swaine will continue in their roles as Directors of the firm. PKF operates across a number of core areas including: business advisory, audit
Aubrey Brown Lawyers opens Erina office and assurance, tax consulting, corporate finance, business recovery & insolvency, and wealth management and is known for its innovative approach to client service. Nationally PKF Australia is a Top 10 Accounting firm with 80 partners and over 750 staff throughout Australia, while PKF International consists of over 400 offices in 150 countries. New owner for Interline Guttering Services The Sky family have sold Interline Central Coast Guttering Services that is run from their large factory at Tindal Road, Tuggerah. Established for over 40 years this business has been in the same hands all of this time. The sale was to retire Laurie and Gloria Sky. The business, with its multimillion dollar turnover is renowned for its quality products and have the machinery to produce their own profiles (Interline) that are widely used throughout the building industry including with all of the project builders. The purchasers are builders John Rossello with his son also John. John was looking for a business that had good systems in place where they could
Local People - Local Knowledge Local Service - Global Solutions For all your business insurance requirements
Phone: 4355 9999
Peter Kernan Aubrey Brown Lawyers has announced that Peter Kernan has joined its practice and at the same time, has opened an office in Erina which he will head up. Mr Kernan is an Accredited Specialist in Property Law and is a very experienced, highly regarded lawyer who has been practising on the Central Coast for over 25 years. Managing Director of Aubrey Brown Lawyers, Anna Cruckshank commented “the addition of Peter Kernan to our practice
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Fax: 4355 9977 www.abcentralcoast.com.au Unit 4/3 Pioneer Ave. PO Box 3009, Tuggerah NSW 2259
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CENTRAL COAST BUSINESS REVIEW AUGUST 2018
bodyfuel cafe 7/1 Pioneer Avenue, Tuggerah Business Park 43510834
BUSINESS BRIEFS
has allowed us to expand our services to the southern areas of the Central Coast, by opening a conveniently located office at Erina. It makes our expertise and our specialist lawyers available to clients in the Erina, Gosford and Peninsula areas, with clients now having the option to see any of our lawyers at Tuggerah or Erina”. With the addition of Peter Kernan and his staff, Aubrey Brown Lawyers now has 16 lawyers, and 25 paralegals and support staff, dedicated to working with the Central Coast businesses and residents on all of their legal needs.
Most recently he has been working with Carsales and the Mediamotive suite of online products. These include carsales. com.au, caravancampingsales.com.au, boatsales.com.au, bikesales.com.au, farmmachinerysales.com.au, and trucksales.com.au. He was NSW State Manager with Carsales for the past three years. Commenting on the appointment Oddfish Media Director Darren Fischer said, “Alex brings strong leadership and industry knowledge to the Oddfish Media Team and we look forward to him having a major contribution to the ongoing success to our client base.”
Oddfish Media appoints Digital Marketing Director
Changes at Robertson & Robertson
Scott Robertson Alex Mallett Advertising agency Oddfish Media have announced the appointment of Alex Mallett to the newly created position of Digital Marketing Director. Mr Mallett comes to the agency with many years of media experience across digital, radio, database management.
Independent property consultants Robertson & Robertson have announced that CEO Geoff Solomon will move to a part time role with the group and will become Company Secretary. Mr Solomon has been CEO for the past five years. Scott Robertson who specialises in hotel, motel and licensed premises valuations, has
assumed the role of Executive Chairman. He has worked for the group for 26 years. The changes took effect from 1 July 2018. NEXUS Smart hub welcomes new businesses Paragon Insurance Solutions have leased a 3-person office on a 12 month lease at the NEXUS Smart Hub. Kerri Day has established Paragon Insurance Solutions three years ago after working as an insurance professional for twelve years. Through her professional connection with licensee Oracle Group (Australia) Pty Ltd Paragon Insurance Solutions have access to over 120 different insurance providers. RM Accounting & Financial Services have leased a one-person office on a 12 month lease at NEXUS Smart Hub. After working as an accountant with a Wester Sydney firm Rochelle Massih established RM Accounting & Financial Services five years ago in Sydney and has recently relocated to the Central Coast taking an office at NEXUS.
ses Wanted Quality Businesmobile home villages, parks, Including caravan ustries. turing & service ind fac nu ma s, motel e. nc rie Over 37 years expe
STATES ARGYLE43E32 6555 Ph: 02 et.au argyle@terrigal.n
CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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TOURISM
Mysteries in the desert
THE NAZCA LINES in Peru remain one of history’s most fascinating mysteries. Over 10,000 lines drawn in the desert form 800 figures, in straight lines, triangles, trapezoids and many in the shape of birds and animals. These images are so large that they are only visible from high in the air, with some being over 20km in length and 5 metres wide. They were first noticed by plane in the 1920’s. The mystery remains as to who designed and constructed them, but more importantly how did they manage such accuracy 2000 years ago? Over the years there have been many theories with one of the more famous being that of the Swiss Erich Von Daniken who believed that the Nazca Lines were landing strips for extra-terrestrial aircraft. His idea was depicted in Hollywood movie “Chariots of the Gods”. Others believe that they mark underground water flows within the desert. The most credible theory is that of the German archaeologist, astronomer and mathematician Maria Reiche. She analysed how such huge-scale figures were created with highly sophisticated mathematical precision. Her theory is that the lines have an astrological significance with the figures being in the shape of star constellations during the solstices. The Nazca desert is one of the worlds driest places and Dr Reiche believed that the Nazca civilisation could possibly forecast the weather 10 to 15 years in advance and therefore plant their crops at the right time before the very infrequent rain. In 1946 Reiche moved to the Nazca desert to study and map the area. She swept and uncovered many more lines and drawings and due to the harsh environment eventually went blind. Reiche contributed to the Nazca lines becoming a World Heritage site in 1994. I was fortunate enough to meet her several times in the 1980’s before her death on 8th June 1998 at age 95. Please contact Amigos Travel 1300 264 467 if you would like to visit The Nazca Lines. CENTRAL COAST BUSINESS REVIEW AUGUST 2018
M A N U FAC T U R I N G N E W S
Great buzz for Makers and Technology Festival
An Air Boat manufactured in Australia by the Varley Group THE SECOND GREATER Hunter Makers and Technology Festival promises to be bigger and better than ever. The (Greater Hunter includes Central Coast and Mid-North Coast) Opening Friday 21st September for business visitors and for everyone on Saturday 22nd September this Festival is open to manufacturers from the Central Coast, MidNorth Coast as well as the Hunter regions. The Festival is being organised by Australian Industry Group (Ai Group) in conjunction with local manufacturing and technology companies, start-ups, incubators, researchers and students as well as teachers and innovators from the University of Newcastle, TAFE NSW and leading STEM high schools. Ai Group Regional Manager, Adrian Price, said, “With an expected 70 exhibitors, the Festival is a showcase of the achievements of our technology community which crosses educational, business and generational divides. It shows the region as both a current and future Engineering and Technology Region of Excellence which has exceptional talents, skills and knowledge of national and international standing. We are a significant region of engineering and technology excellence.” This year Ai Group is pleased to announce that the Makers and Technology Festival will be joined by the Hunter Electric Vehicle Show from the University of Newcastle. On show will be an expected 50 electric bikes, experimental cars and commercial electric cars. “The Makers Festival was a natural fit of the EV Show because we both showcase established companies, emerging companies and students with a common theme of technology and engineering,” said Emeritus
Professor Tim Roberts. Ai Group has been particularly grateful for financial and ongoing support from a cross section of manufacturing, Government and educational establishments who are: Platinum Supporter - Ai Group, Gold Supporters - Newcastle City Council, AGL and the NSW Government, Silver Supporters - Kings Engineering (in its 95th year), Varley Group (in its 132nd year, University of Newcastle, the Hunter Electric Vehicle Festival, Molycop (in its centenary year). www.makersfestival.com.au
Get results! ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au
BUSINESS NEWS
Central Coast to Sydney Fast Ferries – NRMA advances the case IN DECEMBER 2017, Australia’s largest member organisation announced it would acquire the Manly Fast Ferry company in a move that demonstrates its public commitment to becoming one of Australia’s largest providers of transport and tourism services. Chairman Tim Trumper said the NRMA was committed to investing in more transport solutions in a bid to ease the burden on road networks. “This significant acquisition sends a clear message that while our history was around the automobile, our future represents this and much more.” “Manly Fast Ferry made the Manly precinct instantly accessible to the rest of Sydney via a comfortable 18-minute journey, and the benefits to tourism and the local economy are evident throughout the Northern Beaches. Providing these benefits and opportunities to Greater Sydney and major coastal centres is a key priority for the NRMA,” said Mr Trumper. In July 2018, the NRMA released Blue Highways – a highly detailed report presenting a future vision of what ferry services in and outside of Sydney Harbour could look like. The report extensively covers the opportunities to expand and improve ferry services and states that “Outside Sydney Harbour, there are several areas that have been identified for further investigation that would benefit from ferry services to support commuters, visitors and tourists, including the Central Coast, which would benefit from a fast ferry service to the Sydney CBD.” The NRMA envisages ferries playing a greater role in supporting the overall transport task.
Kate O’Grady
Michelle Meares
Manly Fast Ferry’s Ocean Adventurer on Sydney Harbour The report notes that during the past two decades, several proposals to establish a ferry service between the Central Coast and Sydney have been pursued, however none have progressed to the point of securing funds or regulatory approvals – despite this, benefits previously proposed still exist. The establishment of a fast ferry service would support commuters, tourists and visitors while complementing existing transport by providing a third Central Coast–Sydney corridor. Feasibility study Significantly, the report recommends that, “Detailed analysis be undertaken to determine the likely viability of establish-
ing a fast ferry service between the Central Coast and Sydney, including investigation into travel time, capacity, reliability, infrastructure provision, service quality, efficiency and economic impact. Support from Gosford Erina Chamber of Commerce Gosford Erina Chamber of Commerce President Rod Dever and Director Edgar Adams, aware that the NRMA had acquired the Manly Fast Ferry service and had indicated that they would be considering advocating for ‘out of Sydney Harbour’ services, met with the NRMA early in 2018 to offer the Chamber’s support for a Gosford– Sydney fast ferry service.
We have relocated our Central Coast office to Suite 3.30, Platinum Building (West Wing), 4 Ilya Avenue, Erina. Our Central Coast lawyers Kate O'Grady, Michelle Meares and Matthew Weston, work with over 20 family lawyers from our other offices in Sydney, Parramatta, Norwest and Canberra. Watts McCray provides special expertise to assist parties in all family law matters, whether those matters involve complex property, parenting, spouse maintenance, child support or relocation issues. Our team includes: • • •
15 Accredited Family Law Specialists 4 Trained & Accredited Family Law Mediators (3 being former Registrars of the Family Court) 2 Trained and Accredited Family Law Arbitrators
With the years of experience and expertise our team brings to each family law problem, we can advise the best strategy for your family law matter. Whether that strategy is through a collaborative process or by mediation, arbitration or litigation, we can assist you in securing the best outcome. Matthew Weston
Phone: (02) 4365 4700 mail@wattsmccray.com.au www.wattsmccray.com.au www.divorce.com.au
Facilitating Change
You’re in expert hands
Watts McCray is recognised as one of the leading family law firms in Australia and we are pleased to continue to bring that expertise to the Central Coast community.
Place your trust in Australia’s leading family law firm to find your way forward.
Proven Specialists
CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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PROPERT Y NEWS
COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE
FOR SALE WYONG - LONG TERM INVESTMENT
GOSFORD
Currently tenanted by long established business. 178m2 industrial unit with allocated car spaces. Front unit with good street exposure. FOR SALE $320,000 + GST
WYONG – FRONT UNIT
Quality tilt panel Industrial Unit 144m2 IN1 zoning. Front unit with easy delivery access & exposure to the street. FOR SALE $350,000 + GST Brilliant unit with quality tenant (Go Electrical) who are established & currently paying $62,184 Net PA + GST. 5 x 5 year lease. Near new 420m2 industrial showroom/ warehouse. Features include, 60m2 mezzanine, M/F amenities, & container size roller door. FOR SALE - $849,000
Gosford Investment with further potential
Freehold Torrens title building on 1303m2 land. 5 retail shops, 2 residential apartments, fully leased to long term tenants. Current Nett income $131,207pa, Vodafone tower with income & long term lease. Ample parking on site for 9 cars plus additional vacant land at the rear with potential to further develop STCA.
FOR LEASE WEST GOSFORD – WAREHOUSE
Approx 190m2 neat warehouse including mezzanine. High clearance with high & wide roller door. Easy, level access & a corner position in West Gosford. FOR LEASE $19,000 PA + Outgoings + GST.
SUMMERLAND POINT - RETAIL INVESTMENT
Approx 42m2 plus car space. Takeaway business on a new 3 year lease with 2x3 year options. FOR LEASE Approx. $18,785 PA + Outgoings + GST. Good quality warehouse approx 604m2 including large meeting room 1st floor mezzanine offices Approx 69m2. Concrete construction, high clearance, automatic roller door, male & female amenities incl shower, kitchenette & disabled facilities plus onsite allocated parking. FOR LEASE $60,400 PA + GST (incl outgoings)
WEST GOSFORD - AMAZING OFFICE, GREAT VALUE!
Consisting of approx. 77m2 - 370m2 of quality fitout office with complete furniture inclusions & communications, lift & stairs providing disabled access. Parking at the front door, located close to GOSFORD CBD, the Sydney - Newcastle M1 Motorway. FOR LEASE $29,260 Gross PA + GST
TUGGERAH - PREMIUM QUALITY OFFICE SPACE
CHARMHAVEN - INVESTMENT!
WEST GOSFORD - WAREHOUSE!
FOR LEASE
PROPERTY OF THE MONTH
FOR LEASE CHARMHAVEN - FACTORY
178m2 high clearance factory with separate office & 150m2 external rear compound. Secure concrete hardstand & ample customer car parking. FOR LEASE $700 Gross PW + GST
ERINA - MODERN WAREHOUSE
Approx 109m2 in size + mezzanine. Modern tiled reception area. Shower & toilet. Very handy location in secure complex. FOR LEASE $26,000 Gross PA + GST
Visit our website for additional properties and more information centralcoast.ljhcommercial.com.au
Tenancies between 200sqm - 3,600m2. Excellent presence, great natural light, high ceilings. Large carpark & some fitout available. Exposure to Wyong Rd & Pioneer Ave. FOR LEASE – Contact Agent
MORISSET - FACTORY/WAREHOUSE - PRICE REDUCTION
Great Location - Near M1 + Exposure to Wyee Rd. Tilt Panel Concrete Factory/Warehouse. Front Bay in complex of 6 units. High Roller Shutter Access. Ample Onsite Parking. FOR LEASE $26,000 Gross PA + GST
GOSFORD - WAREHOUSE MANN ST LOCATION
Well-presented factory/showroom . Handy CBD fringe location. 139m2 approx. Tilt panel concrete construction. High roller access. Great value for size & location. FOR LEASE $22,000 Nett PA + GST
ERINA - MAIN ROAD EXPOSURE
Retail space is adjoining IGA Erina and Chans Asian Supermarket. Currently fitted out as butcher with a large cool room. Rear loading dock with floor area of 112sqm, ample customer and staff parking, lots of foot traffic. FOR LEASE $65,000G/pa + GST Inc Outgoings.
ERINA - LARGE FREESTANDING WAREHOUSE
Large freestanding warehouse with two large roller door, area is 2,392m2 and the land size is 5,498sqm. Lots of customer parking , Concrete yard with undercover awning. FOR LEASE $263,120N/pa + GST.
Suite 401 / 1 Bryant Drive, Tuggerah NSW 2259 87 Mann Street, Gosford NSW 2250
Phone 4353 7700
• Outdoor & Building Signs • A-Frames, Banners & Flags • Vehicle Graphics & Magnets • Indoor & Exhibition Signs
Bann ers
• Full Colour Digital Printing • Lasercut Letters • Boat & Trailer Graphics
FOR SALE - From $130,000.00
FOR SALE - $1,500,000 + GST
Outstanding Avoca Beach Investment!
Four Year Old Freehold Industrial Warehouse!
20/172 Avoca Drive, Avoca Beach
Long established tenant in place Rental income $81,009.50 (1 September 2018) 3% annual increases
Brad Rogers 0459 921 122
3 Bluegum Close, Tuggerah
690sqm internal area Truck access with loading bay facilities High clearance Proximity to the M1 Motorway
le Vehic
ps Wra
• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers • Safety & Real Estate Signs
3D Signs
Mon - Fri: 8.30am - 5pm
Ben Purdue 0450 719 600
CALL FOR A
tuggerah.signarama.com.au
Local Knowledge & National Strength CENTRAL COAST BUSINESS REVIEW AUGUST 2018
FREE QUOTE
Unit 16/10 Pioneer Ave, Tuggerah Business Park
PROPERT Y NEWS
Investor interest in Lisarow industrial Home improvement company leases at Wyong South Australian based home improvement company, Dynamic Home Enhancements Pty Ltd which also has operations in Queensland, has leased Unit 3 at 9 – 11 Willow Tree Road, Wyong The unit as part of a eighteen unit complex. Terms of lease for the 250sqm unit are 1 year with 2 x 1 year options at a rental of $27,000 per annum plus Outgoings and GST. Chris Watson from Chapmans & Frazer Real Estate negotiated the lease A freestanding industrial property at 23 Awaba Street, Lisarow has sold at auction for $3.55 million (GST not applicable) with agent Brad Rogers from Raine & Horne Commercial saying that they had received enquiries from local, interstate and overseas buyers during the campaign. The property which comprises two freestanding clearspan factory buildings on a 7.19 sqm lot. Building 1 is 932m2 with roller door access front and rear, reception / office entry and an additional first floor mezzanine office/ storage area. Building 2 is 1,913sqm and includes 4 loading docks. In addition there is further opportu-
nity to subdivide the property. The property is leased to AMS Group 1 Pty Ltd on a 7 year term with two 5 year options at a commencing rental of $272,950 per annum plus outgoings and GST giving the buyer a 7.68% return. Private investors from Sydney secured the property which was sold in conjunction with Ben Byford and Peter Mangraviti from CBRE.
OFFICE SPACE FOR LEASE
Builder buys into Mariners Centre of Excellence Tuggerah A building company has bought Suites 502 and 503 on level 5 in the Mariners Centre of Excellence, 1 Bryant Drive, Tuggerah paying $850,000 plus GST for the 240 sqm area. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale. Investor buys in Tuggerah An investor has paid $1,425,000 (GST no applicable) for an industrial property at 3 Morton Close, Tuggerah. The property comprises a 792 sqm factory building with 5 tonne overhead crane and offices on a 3,360sqm lot. The property is leased at a current rental of $105,107 per annum plus Outgoings and GST providing the investor with a return of 7.4% per annum net. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale
5.71% return for restaurant investment at The Entrance
A truly unique office location overlooking the beautiful Koolewong Marina, Brisbane Water - the most exclusive address on the Central Coast.
Dreaming of an office unlike anything you will find anywhere in the world?
This is it.
We now have exclusive office space available for rent. 120sqm and includes amenities, plenty of parking, large wrap-around balcony and reasonable rent. For enquiries, please contact Les Binkin on 0411 443 108.
A Sydney investor has paid $695,000 (GST not applicable) for a restaurant property at 261 The Entrance Road, The Entrance providing a net return of 5.71% per annum. The property, on a 200 sqm lot, is leased to an Indian restaurant on a 5 x 5 year lease. It was last traded in 2003 for $360,000 (source RPData). Ben Purdue from Raine & Horne Commercial negotiated the sale. CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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PROPERT Y NEWS
Investor buys Somersby industrial on 8.88% return Attractive & Affordable FOR SALE $350,000.00 + GST. Functional industrial unit located in one of Central Coast’s fastest growing business locations. Approx. 166sqm combined floor space of high clearance warehouse, high & wide roller door, kitchenette, common off-street parking.
Ground Floor / 280 Mann Street, Gosford FOR LEASE 1,325sqm ground floor quality office space with a combination of open plan workspace, fully partitioned offices and meeting rooms. The office space offers ducted air conditioning, carpeted floor coverings, a huge kitchen / lunch room / break out room, and full suite of amenities, including sick bay and disability bathroom. The site includes secure basement car parking, which is accessible by lift back to the ground level. Call to arrange an inspection.
A Sydney based SMSF investor has paid $2.65 million for an industrial property at 2 Warringah Close, Somersby showing a return of 8.88% net per annum. The property on a 5.2 ha lot comprises two warehouses with a total of 2,447 sqm of floor area built around 1990.
4 Ainslie Close Somersby FOR LEASE CONTACT AGENT Freestanding Warehouse and office in the Somersby Industrial Estate. 2,389m2 of warehouse & quality office on a 4,036m2 site. Warehouse offers high internal clearance, multiple roller shutter access points front & rear and a loading dock. 18 on site car spaces and very close to Sydney & Newcastle M1 Motorway. Prices shown with * are inclusive of GST.
4325 0208 83 MANN STREET, GOSFORD 2250 www.chapmanfrazer.com.au
Owner occupier buys Kincumber unit for gym A gym owner has purchased Unit 11 at 11-13 Cochrone Street, Kincumber paying $610,000 plus GST for the 155sqm unit with additional air conditioned mezzanine space. The unit is part of a 13 unit complex built about six years ago
SPECIALIST MEDICAL & PROFESSIONAL SUITES
TUGGERAH 154 Pacific Highway
Ideally located on the Pacific Highway within the established Tuggerah Straight Commercial Centre, these Specialist Medical & Professional Suites are perfectly situated. Neighbours include Healthscope Medical Centre, PRP Radiology, Pathology, Sports & Spinal Physiotherapy, Chiropractor, Dentist, Psycologists & more. With a variety of suites available and plenty of parking, opportunities include both ground floor and level 1 suites. Tuggerah Medical & Professional Rooms range from 13m2 to 24m2 and start from as little as $1,250 per month +GST. Level 1 accessed via lift or stairs hosts suites from 59m2 with the East Wing Professional Suites ranging from 73m2 to 103m2 there is a size to suit a variety of Professionals including Medical, Financial, Legal etc... Other tenants include BCF, Super Cheap Auto and Romi’s Café and make this an ideal location with plenty of parking. Features include • Flexible lease terms • Very Competitive rentals • Excellent parking • Air-conditioning • Carpets, kitchenette • Balcony access for most suites
For further details please contact Julie Davies on 4355 5111 CENTRAL COAST BUSINESS REVIEW AUGUST 2018
It is leased to Manor Homes on a 5 year lease expiring 30 September 2018 with a 5 year option at a rental of $235,471.72 per annum net plus GST. Ben Purdue from Raine & Horne Commercial negotiated the sale.
Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale. Wyoming development lot sold A developer has bought a development property at 19 Cary Street, Wyoming paying $1,435,000 (GST not applicable) for the 3,038 sqm site. The property has a freestanding brick house on it which is currently leased as office space and features 6 to 7 office spaces plus all amenities and is presently leased for $30,000 per annum. It was previously traded in 2016 for $1,100,000 (Source: RPData). The sale was negotiated by Anthony Scarcella from LJ Hooker Commercial Central Coast who said it was on the market for about 12 weeks. Investor buys Morisset bulky goods showroom on 8.5% return An investor has paid $720,000 (GST not applicable) for a 267sqm bulky goods showroom and warehouse with 150sqm mezzanine and 256sqm of open space and 57sqm parking area. The property is leased to an established business on a 3 x 3 year lease at a rental of $61,320 per annum plus Outgoings and GST giving the buyer a 8.5% return. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale.
PROPERT Y
Development company leases at Erina
Wyong Produce leases additional space at Tuggerah Wyong Produce has leased an additional 435sqm factory unit adjacent to their present premises at 43 Ace Crescent, Tuggerah. The additional unit was built by the Lessor and has been leased on a 5 x 5 year lease at a rental of $52,500 including Outgoings plus GST. The planning and leasing strategy for the clients was negotiated by Ben Purdue from Raine & Horne Commercial. Caterer leases café space at Ourimbah A caterer has leased Shop 1 a 83 sqm café space in the Big Flower site at 2 Burns Road, Ourimbah. Terms of lease are 3 years with 3 year option at a rental of $20,000 per annum including Outgoings plus GST. Ben Purdue form Raine & Horne Commercial negotiated the lease.
Cove Developments have leased a 68sqm space on the ground floor of 206 The Entrance Road, Erina and will occupy it as a display suite to promote the soon to be announced Vista Development in Gosford.
Gosford CBD office leased Lifestart Co-operative Ltd, a support group for children with a disability, has leased Suite 3 a 217 sqm ground floor office space at 72-80 Mann Street, Gosford. Terms of lease 3 years with 1 year option at a rental of $60,000 per annum plus Outgoings and GST. Daniel Mason from Chapman & Frazer Real Estate negotiated the lease.
Terms of lease for the 68sqm space are 1 year with 2 x 1 year options at a rental of $24,000 per annum including Outgoings and GST. The lease was negotiated by Raine & Horne Commercial.
Food company relocates to West Gosford Food to Nourish Pty Ltd a food manufacturing company that produces healthy gluten free foods has leased Unit 4, a 604sqm factory unit at 28 Dell Road, West Gosford. Terms of lease are 3 years with 2 x 5 year options at a rental of $55,000 including Outgoings plus GST. Chris Watson from Chapman & Frazer Real Estate negotiated the lease.
OFFICE SUITES FOR LEASE
With option to buy!
4 Baker St Gosford 260m2 available - 130m² upstairs and 130m² downstairs - Best value office space in town - Convenient CBD location - Rent negotiable - Lease both or either upstairs or downstairs - 6 car spaces on site - Very tidy existing fitout with ducted air con & carpet - Separate kitchenette upstairs and downstairs, with male/female toilets - Flexible lease terms available - NBN ready
For further details please contact Owner, Sam 0408 432 999
Furniture company leases at West Gosford A furniture company has leased a 975sqm freestanding warehouse at 9 Bowen Crescent, West Gosford. The property, of colourbond construction, comprises 200sqm office space and amenities. Terms of lease are 2 years with 2 x 1 year options at a rental of $87,750 per annum plus Outgoings and GST. Karen Aubrey from LJ Hooker Commercial Central Coast negotiated the lease.
Get results! ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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RESIDENTIAL PRESTIGE PROPERT Y REPORT
Ocean breezes and lifestyle living at Avoca Beach
The property: 55 Ridgway Road, Avoca Beach. This 5-bedroom architecturally designed home on a 740 sqm lot features two levels with open plan living, state of the art kitchen and luxury master bedroom
built around a solar heated swimming pool with entertaining in mind and a selfcontained 2-bedroom space downstairs for guests or a teenage retreat. The price: $1,700,000
The buyer: A Central Coast family The sale: The property was sold off market The agent: Joseph Strada from L J Hooker Terrigal
A short walk to the beach at Terrigal
The property: 2/4 Whiting Avenue, Terrigal. This north facing 317 sqm 4-bedroom apartment epitomises the essence of Terrigal with its year-round holiday feel and beach views.
It features a 1-bedroom mezzanine terrace retreat and double car garage. The price: $1,780,000 The buyer: Sydney family for a holiday home.
The sale: The property was on the market for 269 days. The agent: Marcus Bramham from LJ Hooker Terrigal
Congratulations to Construct Central Coast for winning the 2018 CSR-HIA Australian Home of the Year Award. Proud suppliers of architectural door furniture and hardware throughout by:
AVOCA BEACH ARCHITECTURAL HARDWARE AND LOCKSMITHS Phone 4382 1286 www.avocaarchitectural.com.au
AVOCA BEACH ARCHITECTURAL
CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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BUSINESS TIPS
Are suspicions of misconduct enough evidence to terminate in the workplace? The Fair Work Commission says no
By Warwick Ryan, Partner, Hicksons Lawyers
Sometimes it can be frustrating when you feel confident someone who works for you has done the wrong thing. It can be tempting to move before you have all the information. When terminating an employee for misconduct though, it is important that you have strong evidence in support of the termination, not merely a suspicion or second hand rumours. This is the hard lesson Toyota learnt after sacking an employee that it thought – based on gossip - had committed serious misconduct. It’s a lesson that cost them $68,000 plus legal fees. A Toyota general foreperson was accused of having inappropriate relationships with women in the workplace and giving those women preferential treatment. These accusations came from people who worked in his team. The employer thought these accusations were credible but didn’t really test them. On testing by the Fair Work Commission it was found many were
just gossip and lacked credibility. The comments by the Commission reinforce that for an employer to take an action against an employee it must be satisfied that the misconduct actually occurred. The more serious the allegation and harsher the action the employer wants to take, the stronger the evidence needs to be. In the Toyota case its reasons for dismissing the foreperson relied on whether he had special relationships with female underlings and gave them preferential treatment as a result. There were serious allegations. The only evidence Toyota put forward were employee suspicions and gossip about the foreperson’s relationships. The Fair Work Commissioner was not satisfied that the evidence was enough to substantiate the allegations and termination. If you are faced with a situation where you think there has been misconduct and want to exercise a contractual right to discipline or terminate you must be sure that you have, and retain, sufficient evidence to support taking that action. If there are allegations you should test those and consider the credibility of the person making the allegations. Better still, get some legal advice before you do anything like terminate so that you don’t have to run up legal costs and pay out the employee. Toyota couldn’t support its suspicions about the foreperson. This was its achilles heel in the termination case and it was incredibly costly.
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Getting back to business
By Nathan Corrigan, Account Manager, Insurance House Central Coast The interruption to trading following a fire or other significant event can often have more serious financial implications to the longevity and success of your business than the actual damage itself. Industry data shows us that over 40% of Australian businesses have no interruption cover and of those with cover, 70% fail after a major material damage loss. Is your business one of the 70% that would fail? What impact would that have on your staff’s and your families’ future? Business Interruption insurance covers the shortfall in your gross profit caused by the interruption and is often likened to an income protection cover for a business. Whilst the cover is readily available in the insurance market, ensuring the cover is adequate for the individual businesses risk is not. Many factors need to be taken into consideration when selecting the right Business Interruption product, such as: There can be significant delays before your business can get back on its feet. You may need to source new premises; how long will it take to fit out? Your current lease is restrictive and you must return to the original place of business; what is the availability of premises on a short-term lease, what is the cost of temporary fit out? If you own the building and intend on rebuilding, the process of consultation and action by local government, architecture/ professionals, demolition, builders, etc can be extensive and time consuming. Your staff can be quite often key to the businesses success, you may have to continue to pay them whilst your business is temporarily closed. To name but a few. Often the business may incur additional costs as a result of the incident. You may need to hire equipment, pay overtime wages, relocation costs, advertising and marketing, etc. All of these costs would not necessarily have been incurred during the normal trade of business and need to be accounted for in selecting the right policy. Sometimes an interruption to the business can occur even when there is no CONTINUED ON PAGE 24 CENTRAL COAST BUSINESS REVIEW AUGUST 2018
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BUSINESS ISSUES
The case to reduce Payroll Tax
The Hon Taylor Martin MLC IN JUNE, THE NSW Treasurer, the Hon Dominic Perrottet MP, announced that the New South Wales Government would significantly increase the payroll tax threshold from $750,000 to $1 million by 2021-22. The threshold, the point at which companies start paying payroll tax, will rise to $850,000 this year, $900,000 in 2019-20, $950,000 in 2020-21 and $1 million in 2021-22. Nearly 40,000 businesses will save up to $5,450 each in 2018-19 and up to $13,625 per business in 2021-22. Since 2011 the Coalition Government has increased the threshold from $658,000. The benefits for reducing payroll tax are clear. In February and March 2017 the NSW Business Chamber conducted a survey of its members. The survey found that the typical payroll tax respondent incurred $10,700 in administration and compliance costs over and above their payroll tax liability. What sticks out to me is that even for businesses that were just over the payroll tax threshold, compliance costs alone were $10,200. The
Getting back to business CONTINUED FROM PAGE 23
damage to your property. The Longford Gas explosion in 1998 affected 89,000 businesses throughout Victoria, South Australian and New South Wales, most for a minimum of two weeks and many for much longer. Fountain Plaza Erina (and Insurance House) were prevented from gaining access to their premises after the attempted robbery and explosion of the Westpac ATM. After the horrific Black Saturday bushfires in Victoria, many businesses were left unscathed but suffered a loss of attraction by the reduced tourism in the area. Whilst the impact of a major incident will vary from business to business, there is no denying that that every business is at risk. For more information or to discuss your risk, don’t hesitate to contact Nathan Corrigan of Insurance House on 02 8913 9137.
CENTRAL COAST BUSINESS REVIEW AUGUST 2018
business chamber estimates that increasing the threshold to $1,000,000 would unburden New South Wales businesses by up to $40 million per year in red tape. The survey also found that for 85% of businesses, unsurprisingly, payroll tax has an impact on staffing decisions. This means that businesses are less likely to hire additional staff, offer extra hours to existing staff, or even offer pay rises to their staff. For businesses operating just below the tax-free threshold, 80% of respondents reported that they would be either more likely to hire additional staff, or would do so immediately if the payroll tax free threshold were increased. The survey also found that if the threshold were increased to $1,000,000, 44 per cent of all businesses would be likely to increase their staffing levels, and 85 per cent of businesses with a payroll higher than $1,000,000 would use savings to expand business operations and increase staffing levels. There are two levers available to Government when it comes to reducing the payroll tax liability on business: The threshold and rate itself. Tasmania, ACT, Queensland and Northern Territory currently have higher tax-free thresholds than New South Wales. In our state, we have a rate of 5.45%. This is higher than Victoria which has a rate of 4.85% for metropolitan employers and 3.65% for regional employers. In Queensland the rate is 4.75%. Even South Australia has a lower rate than New South
Wales with a tiered rate between 2.5% and 4.95%. Earlier this year, the Tasmanian Government committed to reducing payroll tax to 4% for businesses with payroll less than $2 million. The Parliament recently undertook an Inquiry in to Regional Development and a Global Sydney which highlighted the burden that payroll tax has on businesses in New South Wales. The committee heard that the tax-free threshold for payroll tax has a greater impact on regional businesses. The higher the threshold is, the less likely it is to impact on Central Coast businesses. Reducing payroll tax provides regional businesses with additional capital to invest in their operations or employ additional staff. By making the announced changes, the Government is prioritising businesses that are approaching or just above the threshold where the additional cost of compliance is comparatively more significant It is well established that payroll taxes are an impediment to economic growth and job creation. By reducing the burden of payroll tax it will boost the regional economy and have flow on effects to the community, customers and suppliers. In New South Wales, this Government has created the conditions that have made us the number one state, but I think this is just the beginning. To continue to beat this Government’s incredible record on the economy, we must continue to look at reducing payroll tax and the benefits that will flow on from it being reduced.
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BUSINESS ISSUES
New Ai Group report on energy crisis – "From worse to bad" The Australian Industry Group has released a new report that examines the ongoing energy crisis in Australia which, while improving, can be said to have gone from worse to bad. The report, Eastern Australian Energy Prices – from Worse to Bad, is based on Ai Group’s own research including consultations with member companies across the economy. Ai Group played a leading role in warning of the gas and electricity price surge that buffeted Eastern Australian businesses and households over the past year. Building on our earlier research, our 2017 report, Energy shock: no gas, no power, no future? put into stark terms the scale of the challenge created by an export-led gas price rise and a much tighter electricity market dependent on gas generation. Ai Group Chief Executive, Innes Willox, said: “This latest report outlines that the price improvements since 2017 have been strictly relative. Energy prices are set to remain well above their historic average, sapping the competitiveness of many industries and putting households under pressure. “The report suggests a bleak future for gas users where supply costs are high and exports have permanently transformed the market. New supply is essential to avert a return to the scarcity pricing of 2017. However, if export parity
pricing is the norm instead, gas users will likely have to economise, fuel switch, or in the worst case leave Eastern Australia entirely in search of cheaper gas. The possibility that gas-intensive industries will leave the East represents a major failure of national energy policy that has been many years in the making. If we allow these activities to leave Australia altogether, the loss of jobs, investment, and critical inputs for the rest of the economy would be severe. “In electricity, the Federal Government and the States, the energy market authorities, the gas and electricity industries, and industrial energy users themselves deserve credit for the action they have taken and the results achieved to date. But the Ai Group report identifies several big barriers to overcome if we are to further improve electricity pricing and supply: • Gas hurts power prices. Gas generation is currently an important share of total electricity supply and essential to provide flexible capacity to meet swings in supply and demand. But if gas is going to stay expensive, its role in electricity must shrink or we will be condemned to endless high electricity prices. • We are lagging on flexible supply beyond gas. Reducing the volume of gas generation is easy – the current surge in Renewable Energy Target-
driven renewables development is already set to cut gas use sharply. There are many other flexible options, from pumped hydro and batteries to demand response. Coal plants can be upgraded to make them more flexible, and greater technological and geographic diversity of renewables can make their collective output steadier. More reforms to planning and market design are needed to let all these options flourish. • Uncertainty cruels investment. Suppliers will have to spend money for users to save money, but more than a decade of political warfare on climate has left immense uncertainty for energy investment. The architecture of climate policy can make a big difference to the expected returns from any project, whether coal, gas, renewables or storage. Continued deep uncertainty will see lower, slower investment than we need. “On this final point, the National Energy Guarantee is a technology-neutral approach to cutting emissions, maintaining reliability and improving affordability. It can be a durable mechanism for investors to plan around. The COAG Energy Council and Federal Parliament need to find compromises if we are to deliver the reduced uncertainty the energy industry and its customers desperately need,” Mr Willox said.
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FUNNY BUSINESS
WORKING PEOPLE FREQUENTLY ask retired people what they do to make their days interesting. Well, for example, the other day my wife and I went into town and went into a shop. We were only in there for about 5 minutes. When we came out, there was a cop writing out a parking ticket. We went up to him and said, ‘Come on man, how about giving a senior citizen a break?’ He ignored us and continued writing the ticket. I called him an idiot. He glared at me and started writing another ticket for having worn tyres. So my wife called him a meanie. He finished the second ticket and put it on the windshield with the first. Then he started writing a third ticket. This went on for about 20 minutes. The more we abused him, the more tickets he wrote. Personally, we didn’t care. We came into town by bus. We try to have a little fun each day now that we’re retired. It’s important at any age.
This is the story of four people named Everybody, Somebody, Anybody, and Nobody. There was an important job to be done and Everybody was asked to do it. Anybody could have done it, but Nobody did it. Somebody got angry about that, because it was Everybody’s job. Everybody thought Anybody could do it, but Nobody realised that Everybody wouldn’t do it. Consequently, it wound up that Nobody told Anybody, so Everybody blamed Somebody.
A thief stuck a pistol in a man’s ribs and said, “Give me your money.” The gentleman, shocked by the sudden attack, said, “You cannot do this, I’m a senator.” The thief replied, “In that case, give me MY money!”
An Englishman, a Scotsman and an Irishman were without tickets for the opening ceremonies of the summer Olympics but hoped to be able to talk their way in at the gate. Security was very tight, however, and each of their attempts was met with a stern refusal. While wandering around outside the stadium, the Englishman came upon construction site, which gave him an idea. Grabbing a length of scaffolding, he presented himself at the gate and said, “Johnson, the pole vault,” and was admitted. The Scotsman, overhearing this, went at once to search the site. When he came
A policeman stops a lady and asks for her license. He says “Lady, it says here that you should be wearing glasses.” The woman answered “Well, I have contacts.” The policeman replied “I don’t care who you know! You’re getting a ticket!”
Two women were comparing notes on the difficulties of running a small business. “I started a new practice last year,” the first one said. “I insist that each of my employees take at least a week off every three months.” “Why in the world would you do that? “the other asked. She responded, “It’s the best way I know of to learn which ones I can do without.”
up with a sledge hammer, he presented himself at the gate and said, “McTavish, the hammer.” He was also admitted. The Irishman combed the site for an hour and was nearly ready to give up when he spotted his ticket in. Seizing a roll of barbed wire, he presented himself at the gate and announced, “O’Sullivan, fencing.” A child asked his father, “How were people born?” So his father said, “Adam and Eve made babies, then their babies became adults and made babies, and so on.” The child then went to his mother, asked her the same question and she told him, “We were monkeys then we evolved to become like we are now.” The child ran back to his father and said, “You lied to me!” His father replied, “No, your mom was talking about her side of the family.” A wife asks her husband, a software engineer... “Could you please go shopping for me and buy one carton of milk, and if they have eggs, get 6!” A short time later the husband comes back with 6 cartons of milk. The wife asks him, “Why the hell did you buy 6 cartons of milk?” He replied, “They had eggs.”
Quote of the month To succeed you have to believe in something with such a passion that it becomes a reality
Anita Roddick
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