Central Coast Business Review

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Vol 28 July 2019 Published monthly (except January)

Chris and Karen Coulson Gosford (Karis) Furniture Removals & Storage ING Bank’s new call centre for Wyong State Budget disappointment for Coast Lederer’s plan for Gosford Mayor’s move to delay Consolidated LEP will set Coast back years

Page 8 Edgar Adams’ Editorial Central Coast now Cinderella Coast

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Cover story 4 Chris and Karen Coulson – Gosford Furniture Removals & Storage

Business news 6 ING Bank’s new call centre for Wyong 7 Demand for Central Coast defies market trend 7 State Budget a disappointment for Coast 9 Lederer’s new master plan for Gosford 10 Lusted’s vision for Wyong Town Centre 11 Wyong mine approved 11 Mayor’s move to delay Consolidated LEP will set Coast back years 12 Chef Daniel opens in Gosford 12 Missing Link Social Media finalist in 2019 Social Media Marketing Awards 13 Builtsmart Group launches BSG Construct 14 New degree will shape future business leaders on the Coast 14 UON climbs QS World University ratings 15 How Council is wasting your money 15 Council continues opposition to Central Coast Airport – keeps Briefing Paper confidential 15 Election over – Terrigal Boardwalk to proceed

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15 Operational Plan for 2019-20 approved with $18.6 million deficit 17 Mintus buys West Gosford Shopping Centre 18 Local investor buys prime Terrigal commercial 18 Developer buys Ettalong Beach property 19 Property investment – Can you afford to wait 20 Residential Prestige Property Report 21 When trying to comply with one law – another law brings the employer undone 22 Mind your Business – Running a home business: Are you covered?

22 Coastal Connexions IT group reforms

Regular features 8 Edgar Adams’ Editorial

Central Coast the Cinderella Coast 12 Business briefs 15 Central Coast Council news 16 Commercial and Industrial Properties For Sale / Lease 17 Property news 21 Business Tips 23 Funny Business

Front cover: Chris and Karen Coulson – 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.

Reproductions in any part prohibited. While every effort has been made to ensure all information in this magazine is accurate, no responsibility will be accepted by the publisher, Adams Business Publications. The producer accepts no responsibility for illustrations or photographs supplied by organisations or individuals and/or typographical errors.

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COV ER S TORY

Chris and Karen Coulson, Gosford (Karis) Furniture Removals & Storage THEY SAY MOVING house is one of life’s most stressful events. Chris and Karen Coulson have built a successful furniture removal and storage company by turning this and other key pain points around to look after customers and their goods like no other. Right from the start, they have observed and listened to what customers want and, importantly, what they don’t want, and evolved their business model to suit. As Karen said, “Customers make the call and the stress is over because we flip their fears. We’re professional, we turn up on time, we look after their things, we deliver their goods on time and we have the flexibility and the manpower to adapt to their specific needs, whatever they may be.” You need only look at the consistent stream of positive reviews on the business website and the string of back-to-back service awards to appreciate why such a high percentage of the company’s business is repeat and referred work. This is the story of Chris and Karen’s unique and somewhat unconventional business journey.

The Coulsons’ introduction to business was unplanned. As a KFC store manager and high school teacher who came from families working 9 to 5 jobs, Chris and Karen never imagined they would one day own their own business, let alone a business that would turn over almost $3 million a year and be considered a flagship for the national removals industry. All that changed the day they purchased a lounge suite from

a Sydney furniture manufacturer in 1978.

That purchase led to the couple selling quality furniture on consignment for that manufacturer, initially from their home on the Central Coast and then from a warehouse in Newcastle every Saturday. It wasn’t long before local furniture manufacturers observed what they were doing and asked if they would sell one-offs and prototypes on their behalf. They opened a second warehouse in West Gosford, Karen resigned from teaching and Chris purchased a milk run to ensure they would have sufficient income to support their growing family.

Karen learned everything she could about the furniture she was selling, directly from the manufacturers. She studied the fabrics, the construction, the foams, the leather, the care instructions and the warranty information. “I have always put myself in the shoes of my client and asked what would I not want to have happen and then flip that to the positive side,” said Karen. Chris adopted the same service-focused strategy when delivering furniture to their customers’ homes.

By the mid 1980s, the Coulsons had opened their first fine furniture showroom.

Located in Karalta Road Erina, it was from here that Chris began a gradual transition into removals. Customers were so impressed by the care taken when their new furniture was delivered that an increasing number asked if Chris and his small delivery crew would consider helping them

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CENTRAL COAST BUSINESS REVIEW JULY 2019

move house. “That’s how I learned to be a furniture removalist,” said Chris. One truck became two and then four and so Karis Removals was born. When Karen was due to give birth to her second set of twins in the early 1990s she and Chris decided to close the Karalta Road store so she could spend more time at home with their six children. She ran the administrative side of the removals business from home while Chris spent up to six days a week on the road, which eventually took its toll on the family. Just as they were thinking of selling the business in 1997, the owner of the largest removals company on the Central Coast, Gosford Furniture Freighters, contacted them to ask if they would consider buying his business. “We struck a deal and went from four trucks to fifteen and eight staff to twenty-eight literally overnight,” said Chris.

As Gosford Furniture Removals and Storage (also still know by the original name, Karis), turnover growth has been steady year on year. “Rather than focus on increasing our turnover, our focus has always been to continually improve the service we provide,” said Chris. The addition of packing, backloading and a complete range of innovative storage options to their suite of moving solutions ensured the company’s services were unmatched on the Central Coast. “A lot will move and store, but none do it all under the one roof like we do. We bring our storage containers to the customer, transport it back to our premises and

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COV ER S TORY

then on to their new home. It takes away the double handling because that’s where damage occurs. It also saves the customer money,” said Chris. As a result of this consistent focus on service excellence, turnover has grown organically with more than 60% of business resulting from word of mouth referral. Today they move people across the entire eastern seaboard of Australia, as well as country NSW and Adelaide, and have longstanding contracts with the State and Federal Governments. Their strong repeat clientele means their customers are no longer limited to people moving in and out of the Central Coast. The Coulsons also have the capacity to move and store office furniture and equipment and work with many local real estate agents to assist with storage when de-cluttering and styling a property for sale.

They say people are the secret to business success and this is certainly true for Gosford Furniture Removals and Storage.

Today Chris and Karen employ a team of twenty-four, including six subcontractors, an operations manager and a sales manager. They are meticulous with their staff training and monitor, measure and communicate the feedback received on every job to the team members involved. Morale is high and staff turnover is relatively low. A number of the men have been with them for more than ten years, some more than twenty. For the many that choose to stay, they value the variety, the fitness and the

Chris and Karen Coulson in their storage facility at Somersby customer interaction. “This business has so many variables. No two jobs are ever the same,” said Karen. “Every day has challenges so we need guys who are flexible and resilient. We have the right equipment, including smaller trucks to handle the difficult access sites for which the Coast is renowned, and we always have the right number of guys on a job. If they need extra guys we send them over. There are never any compromises on quality, safety and customer service.” As staff age however, the challenge is finding people to replace them, especially as the Coulsons find many younger people don’t have the same work ethic. It is also becoming increasingly challenging to find good professional drivers, especially for interstate moves. Other challenges include the high cost of workers compensation in their industry (10% of the wage) and competing against ‘backyard operators’ and removal businesses that mis-

inform customers (for instance telling them there is no need to obtain their own insurance because they are fully covered, which is misleading).

Running a family business with six children, all now adults, one could assume the Coulsons’ succession plan was assured.

However Chris and Karen have never put pressure on their children to be involved in the business and they have each achieved success independently. While Chris and Karen are still working full time in the business, they feel fortunate to have staff on board they can trust to manage the operation while they travel. When the time comes to exit the business they will likely sell, but are adamant that any future buyer would have to understand the industry and share their client-centred values. Until that time comes, they will continue to work hard to maintain their status as market leaders in a highly competitive industry.

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BUSINESS NEWS

ING Bank’s new Call Centre for Wyong CENTRAL COAST PROPERTY developer Gibbens Group have lodged a Development Application with Central Coast Council for a 4-storey office building at 4 Dulmison Avenue, Wyong (on the edge of the North Wyong Industrial Estate).

The building, with a construction cost of around $11 million will comprise a total gross floor area of 5,519 sqm on a 12,268 sqm site and will include a ground floor café and outdoor garden / breakout area.

Secure external car parking for 300 vehicles is provided for.

It is understood that three levels of the building will be occupied by ING Bank call centre.

ING have operated a call centre in Tuggerah Business Park for about 25 years.

The site on which the ING development is proposed covers 8.26 Ha and comprises a number industrial buildings known as Wyong Business Park. The property was acquired by Gibbens Group about four years ago.

The existing Building B consisting of eight medium to large units is about to be converted to strata title.

Agent Ty Blanch from LJ Hooker Commercial Central Coast said “The rede-

Architectural image of proposed ING call centre building at North Wyong velopment of the front portion of the site is part of a larger picture. Converting these units to strata title allow for the sale of some exceptional space at a fraction of replacement cost.”

“The flexible B6 zoning and massive exposure to the Pacific Highway which is soon to be widened along this stretch, plus the range of sizes within the total 3,196m2

building floor area are superb features that allow businesses with a multitude of uses enter the market at a very realistic price.”

“The Gibbens Group are in the process of continually improving the larger site allowing many local and Sydney businesses the opportunity to buy existing space or have specific premises designed and constructed for their requirements.

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BUSINESS NEWS

Demand for Central Coast defies market trend PROPERTY DEVELOPER, CENTRAL REAL, has broken ground on the Coast’s newest residential development located in prestigious Point Frederick, pushing the project ahead of schedule to meet a market demand on the Coast.

The development, Peninsula Point Frederick, on a 5,114 sqm block on the corner of Albany and Duke Streets will comprise 96 luxury apartments in three boutique buildings each of four storeys.

Central Real CEO, Richard Ellis, said the project was brought forward due to an increasing interest in the market in the wake of the recent election.

“Central Coast property has remained steady even with Sydney’s downturn last year, so we already have a large waiting list of enquiries, but we have brought this project forward following the election to meet the demand we are now experiencing. We had started construction on the site even without opening sales. The location and views are sensational, we plan to deliver a project that continues to meet the needs for luxury living on the Central Coast.”

Mr Ellis said there was a growing trend of people buying off the plan and wanting to customise their homes, so it’s built specifically for them. We have deliberately opened up a large range of options for people to customise their apartments so it works for them, from smart home automation to sustainable inclusions like electric car charging points,” Mr Ellis said.

This will be the seventh project to launch from property developer Central Real, owned by local millionaire developer Tony Denny, who has said the project is responding to a high customer demand for luxury apartment living, that didn’t compromise on space or quality.

The first development to be completed was MARINA at 7 – 9 Lynne Avenue, Point Frederick with 29 apartments and new owners moving in in early 2019. All apartments were sold off the plan early in the development phase at prices from $599,000 for a 80 sqm 2-bedroom apartment with 22 sqm terrace to $1.55 million for a 128 sqm 3-bedroom, 3-bathroom sub-penthouse with 127 sqm terrace.

Completed over the past few months VUE at 18-22 Kendall Street, Gosford comprises 54 apartments and were all sold off the plan in 2016 at prices ranging from $380,000 for a 1-bedroom apartment of 72 sqm to $890,000 for a 3-bedroom apartment of 183 sqm including external balconies.

Mr Ellis said that valuation that came back this year with purchaser settlements have already seen an increase on those prices.

ICON at 4-8 Kendall Street, Gosford com-

State Budget disappointment for Coast

Peninsula Point Frederick

Vue, Kendall Street, Gosford – Completed May 2019 prising 58 apartments will be completed and handed over to the new owners in August. Again all were sold off the plan at prices from $425,000 for a 61 sqm 1-bedroom apartment with 19 sqm terrace to $1.41 million for a 133 sqm sub-penthouse with 120 sqm terrace.

ELYSIUM Terrigal with 64 apartments will be completed towards the end of this year.

Commenting on the success of their development programme, Mr Denny said, “I’m very passionate about delivering quality to the Coast, Peninsula will certainly lift the bar on anything we’ve seen on the coast.

“A recent survey by REA put us in the Top 20 of recognised developers, alongside some of the biggest names in Sydney. It’s a real credit to the Central Real team, I’m certainly happy we’re making our mark,” he said.

The 2019-20 State Budget handed down by the Treasurer in mid-June has reinforced the notion in the government that the Central Coast is a region not worth too much to worry about.

The Coast with a population of 346,000 and forecast to grow to 414,000 by 2036 scored less than $80 million in the 2019-20 State Budget.

Warnervale Town Centre, where much of the population growth will be centred will receive just $1.2 million for the planning and design of critical water and sewer infrastructure upgrades for Warnervale Town Centre, including sewer pump stations, mains and key water distribution mains.

• $13.5 million to continue work on Terrigal and Wamberal Public Schools now under construction.

• $16 million for essential infrastructure works at Mt Penang Kariong, • $63 million to start Stage 1 of Wyong Hospital, • $6.3 million towards the promised $42 million for Gosford City Centre water supply and sewerage upgrades, • $40.4 million to continue roadworks at Kincumber, Pacific Highway Lisarow, • $212,000 to expand the commuter car park at Tuggerah, • $700,000 to investigate water quality at Terrigal and Tuggerah Lakes • $800,000 to repair Toukley Bridge, • $93 million for planning for a new rail alignment between Sydney and Woy Woy. Essential projects such as the Woy Woy rail underpass, Pacific Highway upgrade through Wyong and the Warnervale Link Road and Carters Road have been forgotten.

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EDITORIAL

Edgar Adams discusses local issues

Central Coast the Cinderella Coast IT HAS SEEMINGLY been forever thus.

The Central Coast, an hour north of Sydney with a current population of 340,000 which the NSW Planning Department has decreed will grow by another 70,000 in the next 20 years, is always left on the sidelines when it comes to sharing in the state’s budgets.

Always neglected except at election times when premiers, prime ministers and sundry ministers punch the coordinates into their GPS gadgets and find their way to our region.

Like the three wise men they come bearing gifts then disappear into the ether after Election Day and conveniently forget all that they promised.

But take a step back. In 2000 the Carr Government created the position of Minister for the Central Coast. That lasted until 2015 when the Baird Government downgraded it to Parliamentary Secretary for the Central Coast and add the Hunter – massive area for one person so the Central Coast came off second best.

When the Government was re-elected in March the Premier decided that the regional minister and parliamentary secretary idea was too much so she abolished it all – except in some areas like western NSW and Western Sydney.

From the time of the first Minister for the Central Coast there was always a support office in Gosford and a Regional Coordinator. A couple of years ago that

position was abolished and folded into a Hunter and Central Coast office based in Newcastle. While there is an office if Gosford it is all controlled out of Newcastle.

We all recall that in January 2017 Anthony Roberts was appointed Minister for Planning and for the next two years the Central Coast and Gosford enjoyed a window that it had never known before.

The Minister appointed Lee Shearer Coordinator General for the Central Coast and Greg Sullivan Director of the Central Coast office of the Department of Planning.

Things happened, not the least being the Gosford City SEPP and funding for Gosford announced that would take the city forward.

While nothing can stop Gosford now, thanks to Minister Roberts, the wheels started falling off the day the government was elected.

Minister Roberts who was the only person ever to back the Central Coast and Gosford in particular got the chop as Planning Minister and a week later Ms Shearer got the sack.

Now we hear Greg Sullivan has been sacked and worse the Central Coast office of the Department of Planning will be moved to Newcastle.

For the Central Coast the State Budget has been very disappointing but then what would you expect from a government whose sole focus is in Sydney and Western Sydney.

In the mind of the Premier and this government the Central Coast as a stand-alone region doesn’t exist.

Having said that perhaps its time we, the people of the Central Coast took a good look at ourselves and ask, “why is it state and federal governments look askance at our region?”

My guess is that there is no community leadership with a vision for the region.

Newcastle overflows with leaders willing to put the Hunter first. Western Sydney is the same. Look at what they are achieving.

Meanwhile on the Central Coast there is always someone who wants to pull down any good idea or project that will benefit out region.

Meanwhile may we congratulate the Wallarah 2 Coal Project partners for their perseverance in getting their mine project approved. On this occasion the State Government saw reason.

It is major projects like this that will benefit our economy.

This company went through more hoops than a basketball team. That’s the unfortunate cost of trying to do business on the Central Coast.

Finally, as we are about to go to press we hear that our greenie Central Coast

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CONTINUED ON PAGE 19

BUSINESS NEWS

Lederer’s new master plan for Gosford

Architectural image of proposed Gosford Alive development by the Lederer Group THE LEDERER GROUP have lodged a revised development proposal for their Gosford Alive project with the Department of Planning that will now see it considered by the Gosford Design Panel set up late last year to revitalise Gosford CBD. The State Significant Development, on the Kibbleplex site is for a $280 million mixed use development comprising five towers above a podium with mixed uses including residential, retail, entertainment, leisure, indoor recreation, cinema and food and beverage.

Lederer say that with five towers across the site, the mix in height, shape and size allows for flexibility in use and individual staging of the project.

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Given the site is quite large, the designers wanted to break up the site, providing an activated public laneway / link between William Street and Donnison Street which is an existing feature of the project and will include an upgrade of both streets.

The development will provide for ground level activation with commercial areas, public space and private areas and include commercial uses fronting Kibble Park, including civic space.

A feature of the development will be a strong emphasis on landscape design that brings the bushland background of Rumbalara reserve into the heart of the project.

The project will be known as Gosford Alive and ahead of the Development Application, Lederer Group in late June and early July will be displaying the master plan in the CBD in a consultation process.

A spokesman for the Lederer Group said, “Following the State Government’s planning policy changes back in October last year, we have again spent considerable time master planning the Kibbleplex site based around the Government’s Architects brief and new policies. Using the Government Architect’s designs as the basis of the design, we believe the current master plan is the best design we have seen for the site, it is empathetic to the Gosford locality/setting, while creating a vibrancy and scale that will assist in revitalising the CBD.” Lederer in 2016 had outlined their plans for a 15 – 20 year $850 million development and had lodged a Development Application with Gosford Council. This was subsequently withdrawn following the amalgamation.

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CENTRAL COAST BUSINESS REVIEW JULY 2019

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NEWS

Lusted’s vision for Wyong Town Centre THE LUSTED FAMILY have been a part of the fabric of Wyong for over 70 years and it started when John Lusted moved into the town in the 1950s set up his building business and have remained there.

The family have seen the ups and downs of the town and in particular the big knock the town took with the opening of Westfield Tuggerah about 25 years ago and from which it never recovered.

In spite of this the Lusted’s continue to live and invest in Wyong and in recent years son Matthew, also a builder, has made it his personal ambition to turn the town around.

His faith in the future of Wyong Town Centre is unshakable and his efforts are bearing fruit.

Four years ago he bought the former art deco designed former Rural Bank built in the early 1950s which became the State Bank in the 1982 and then closed in 1996 as the banks moved out of town. Unwanted and deserted in fell into disrepair.

He set about faithfully restoring it to its former condition and moved his office upstairs while setting up the ground floor banking chamber as a restaurant.

Now known as Motel Mezza and operated by well-known restaurateur James Nouri and his partner Tara Seman since October last year this restaurant has fast made a name for itself offering all you can eat banquettes and their very popular Sunday Grazing Table.

“Business is thriving, it is amazing,” said Mr Nouri. “We are drawing from a massive catchment area to the north as well as from the valleys and south. Suburbs like Toukley, Charmhaven, Berkeley Vale don’t have restaurant precincts and Matthew’s vision has turned Wyong around in a short space of time,” he said.

Dining at Motel Mezza Wyong Following the bank acquisition Mr Lusted acquired a group of dilapidated shops in Alison Road opposite the old police station which dated back to the turn of century. He spent a million dollars converting them into the Gallery Precinct, an arcade with 10 tenancies They are now all occupied and with firsttime business owners all from the local area who he mentors to assure their success.

These businesses include a ladies hairdresser, Hair & Barberry and a training facility operated by Janet Adele; Sirone’s wood fired Pizza by the Metre; ladies fashion store KelK and more recently Reign Burger Co which opened a few months ago.

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INSURANCE BROKERS

Matthew and Bronwyn Lusted And there’s more!

In 2017 former Lion sales director Frank Arangio and wife, Marney, in partnership with well known publican Pat Gurr, bought the Royal Hotel in an off-market sale.

They have since spent a million dollars bringing it back to its heritage origins and have lodged a DA for a theatre restaurant.

In the meantime Marney, better known as Marney McQueen, one of Australia’s most versatile entertainers and performers and turned the Royal into a popular Friday and Saturday night cabaret and variety nightspot.

Mr Lusted said that The Art House, the performing arts centre built by Wyong Council which opened in Wyong in 2016 has been a big asset for the town attracting hundreds of patrons each week Another initiative showcasing Wyong is the Love Lanes Festival that takes in three of Wyong’s heritage laneway turning them into a hub of art, culture and culinary experiences. First held in February in 2016 attracting around 4,000 visitors and this year bringing in some 20,000.

BUSINESS NEWS

Wyong mine approved THE WALLARAH 2 coal project has been granted two mining leases by the NSW government, bringing the $800 million underground mine a step closer to reality.

The decision has been applauded by the mine owner, the minerals council and the mining union, but as expected was criticised by environmental groups in spite of them having lost their case in the NSW Land and Environment Court earlier this year.

The government said that the state would receive $830 million in royalties over 28 years.

Wallarah project manager Kenny Barry said that if things went smoothly, the mine could be ready to go underground in 2021 or early 2022.

Both sides agreed that the granting of the licences was a consequence of an approval for the project granted in January last year by the planning assessment commission.

The Australian Coal Alliance, had opposed the validity of the 2018 approval in December last year, and their case was dismissed by the NSW Land and Environment Court on March 22 the day before the election.

The Wallarah 2 mine has been a quarter of a century in the planning, with the original exploration licences for the Wyong coal reserves issued by the Carr State Government in 1995 (see CCBR May 2019).

Mr Barry said the project had been through an “exhaustive and bruising” approvals process, and the joint venture partners were “very happy” with the granting of the two leases.

He said that final investment decisions were for the shareholders to make, but the companies involved had always been “very supportive” of the project.

CFMMEU mining and energy division northern president Peter Jordan said the union welcomed the mine, which has approval to extract 5 million tonnes of coal a year for export.

“Our industry needs fair rules that are consistently applied to give operators, investors and workers some certainty,” Mr Jordan said.

“The community has been waiting for a long time for the jobs that will flow from this project. As with any project, our focus will be on representing workers and making sure the project delivers permanent, secure jobs.”

Minerals Council chief executive Stephen Galilee said Wallarah 2 had been “a political football at successive state elections” but all of that was now “in the past”.

Mayor’s move to delay Consolidated LEP will set Coast back years One of the most important planning instruments that controls how a council regulates development and land use within its area is a Local Environment Plan.

It is well accepted fact that Wyong Council’s LEP was comprehensive and forward looking which Gosford Council’s LEP was totally outdated.

With the amalgamation of the two councils the new Central Coast Council was required to prepare a new Consolidated LEP that will guide future development.

It will deliver significant efficiencies and simplify the planning process for the whole community.

This LEP is vital for the region’s economy to grow and is being eagerly awaited by property developers who want to invest in the region.

Council staff have been working hard to get this LEP out and it was placed on public exhibition from 6 December 2018 until 28 February 2019. Some 700 submissions were received.

CCBR has now found that our greenie Mayor Jane Smith is setting out to undermine this by moving a Mayoral Minute at the next Council meeting on

“This has been one of the most scrutinised mining projects in NSW history, subjected to repeated assessment over a ridiculous 16-year period, including by independent scientific experts, the Department

8th July that will effectively kill off the Consolidated LEP. It would appear to be a ploy to drive away developers and investors who are looking to develop properties across the region as part of the State Government’s Central Coast Regional Growth Plan 2036 that will see a further 70,000 living, mostly, in the northern Central Coast.

However, the danger is that any delay in merging will undermine investor confidence effectively eliminating housing choice particularly in the former Gosford LGA where currently residential development is hampered by the lack of dual-occupancy options, inadequate minimum lot sizes and restrictive caps on residential building heights.

Changes to these controls are absolutely essential to meet councils very own objectives of creating affordable housing options.

It is also a devious strategy to disrupt the merger of the two councils, ensuring that the two former council’s planning policies remain operationally separated supporting a hidden agenda among councillors to demerge the present Central Coast Council.

of Planning, and the Independent Planning Commission, before receiving a positive determination last year,” Mr Galilee said, commending the government for granting the lease.

open 7 days 35 years local

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CENTRAL COAST BUSINESS REVIEW JULY 2019

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BUSINESS BRIEFS

Chef Daniel opens restaurant in Gosford

Missing Link Social Media finalist in 2019 Social Media Marketing Awards

Perry Henderson

Chef Daniel Abou-Chedid and wife Jennifer in their new restaurant At Baker Street Well-known celebrity chef, Chef Daniel Abou-Chedid, along with his wife Jennifer have opened a new restaurant in Baker Street, Gosford bringing a new flavour to the CBD. At Baker Street has been designed to cater to a family friendly clientele offering food, drinks and laughter.

At Baker Street has teamed up with local businesses Six Strings Brewery, Bay Road Brewery and Distillery Botanica as well as local farmers who can provide fresh produce.

An open bar and kitchen ads to the welcoming atmosphere of the restaurant.

At Baker Street is open Monday to Thursday 7.00am to 9.00pm, Friday 7.00am

till late and Saturday Midday till late.

Chef Daniel and his family will continue to operate their Fork N Knife Food Truck and caravan as well as their non-traditional catering business.

A feature of the restaurant is a stage and sound system for entertainers who will provide a regular programme of music and comedy.

“This has been a great opportunity to be part of the reinvigoration of Gosford CBD,” Chef Daniel said.

“I want to collaborate with all the restaurants in town and create a new experience that will attract a new demographic seeking good food, music and entertainment,” he said.

Tuggerah based social media marketing company, Missing Link Social Media, in its first-ever awards submission, has been selected as one of seven finalists across Australia and New Zealand in the Social Media Marketing Awards, as ‘Best Small Social Media Agency of the Year’.

Founded in 2012 by Perry Henderson, the team of five currently work with wellknown Australian brands, like Jim’s Mowing Australia, the Central Coast Mariners, and also provide digital marketing services internationally.

Commenting on this achievement, Perry Henderson said, “With the Social Media Marketing Awards attracting entries from some of Australia and New Zealand’s biggest brands, we’re excited to see Missing Link Social Media representing our region here on the Central Coast.”

Service CENTRAL COAST BUSINESS REVIEW JULY 2019

BUSINESS BRIEFS

Builtsmart Group launches BSG Construct

Robert Hunter

Sean O’Hara

BuiltSmart Group – a multi-faceted, Central Coast-based construction company – is strengthening its foothold in the market with the launch of a new business arm, BSG Construct.

Catering to the middle to high end market for residential, commercial and industrial construction services, BSG Construct is driven by non-executive chairman Robert Hunter and headed up by Chief Executive Officer, Sean O’Hara – a duo who together bring over 60 years association with the construction, building and development industries.

As a leading Chartered Accountant and corporate advisor to the industry, Mr Hunter provides invaluable guidance and advice due to his 30 years of specialised knowledge within the building and construction sectors.

His experience includes a provision of professional services for more than 25 years to the Master Builders Association (MBA) and the Urban Development Institute of Australia (UDIA) amongst other significant building, development and associated business credentials.

Newly appointed Chief Executive Officer Sean O’Hara is experienced in large scale commercial, residential and industrial projects with more than $1 billion of contract work nationally and abroad under his belt.

Locally, Sean has been a catalyst for the successful completion of significant local residential developments in Terrigal, Point Frederick and Gosford.

BSG Construct has already hit the ground running, earning contracts for two largescale projects in NSW with clients that include one of the world’s largest holiday resort operators and an A-League Sydney football franchise.

BSG Construct is backed by an experienced senior management team of tier one and two talents who will focus on innovative and economically sustainable building practices from concept to completion.

“We are proud of the experienced team we have assembled to represent the BuiltSmart Group and are confident that they will help propel this new arm of the company forward,” said Mr O’Hara.

“Our construction team has excellent experience coming from roles within Lend Lease, Multiplex and Watpac and we are in negotiations to partner with a global brand that will provide us with innovative construction advantages and techniques.

“BSG Construct has also formed a strategic alliance with the University of Western Sydney to further explore new construction technology and processes where BSG Construct is able to build better projects and in turn create better outcomes for all our clients.

H&M to open Tuggerah store H & M, Hennes & Mauritz AB (H&M), the international fashion retailer known for fashion and quality at the best price in a sustainable way, has announced that H&M at Westfield Tuggerah will open its doors for the first time on 25 July, 2019.

Westfield Tuggerah is the location of H&M’s fourteenth store in New South Wales.

Spanning approximately 2,000 square metres and set over one large level, the store will offer an exceptional shopping experience.

The store will showcase apparel and accessories for men, women, youth, kids and baby.

H&M entered the Australian market in 2014.

Today there are 38 stores nationwide. Through its stores, H&M offers a broad product range including the latest trend and inspiration for customers to create their personal style.

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CENTRAL COAST BUSINESS REVIEW JULY 2019

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NEWS

New degree will shape future business leaders on the Coast THE UNIVERSITY OF Newcastle’s newlydesigned Master of Business Administration (MBA) will see its first Gosford students complete their studies this year.

The course, which has been delivered from the heart of Gosford since May last year, aims to develop the next generation of business leaders on the Central Coast.

Reflecting on its first year’s intake, Newcastle Business School senior lecturer Dr Karen Handley said the postgraduate program offered local access to a highlyregarded program, which would help build the region’s skill level.

“With the Gosford MBA, we are creating a local, Central Coast cohort of management professionals,” Dr Handley said.

“Our first year’s intake has seen students with a range of skills from different backgrounds – people who already have an undergraduate degree, those who bring their past experiences to the table, some already in management, some with their own business and others who just want to progress their careers.

“The course is very practical and allows the students to share and grow from their diverse experiences. It’s been encouraging to watch them interact and learn from one another both inside and outside the classroom as they develop networks.”

The MBA program is guided by business leaders and academics, and is designed to challenge students, building their capacity for business excellence.

The program’s focus on leadership, management and global networking aims to develop a better understanding of decision-

making, organisational behaviour, strategic management and international business.

Reflecting the latest in contemporary management practice, the MBA consists of six fundamental courses covering the foundations of modern business – money, markets and people. More advanced core courses in leadership, strategic management and corporate governance provide pivotal insights into the dynamics of modern organisations.

In addition to the core courses, students can choose to specialise in one of the following areas: Innovation and Entrepreneurship, Human Resource Management, Marketing, Applied Finance, International Business, Health Services Management, Co-operatives and Social Enterprise Management.

The program has been designed to complement existing technical training with management training, particularly for those in the growing healthcare, food and finance sectors on the Coast.

It is delivered face-to-face on a flexible, part-time basis, enabling those who would otherwise have to commute to develop their skills and gain qualifications locally.

“Instead of having to commute away from their families, we can offer the core MBA courses at Gosford. There is also an option to complete the course online, making it easy to balance work, life and study,” she said.

The population on the Central Coast expected to grow by 19.67 per cent to 414,615 by 2036.* Dr Handley said there was a sense of excitement in being part of the region’s rebirth.

“The MBA can really galvanise change on the Coast. Our students are the lifeblood of the economy, and by equipping them with the skills they need in the business world, we can help make a lasting difference in the region.”

Applications to study a Master of Business Administration in the Trimester 3 intake close Sunday 18 August 2019.

To apply visit www. newcastle.edu.au/mba

UON climbs QS World University Rankings THE University of Newcastle has climbed seven places to be ranked equal 207th in the 2020 QS World University Rankings, after improving its performance in four of six categories.

Vice-Chancellor Professor Alex Zelinsky AO pointed to the university's focus on "delivering excellence in education, research, and industry engagement" as contributing to the achievement.

"In a sector that continues to face strong competition at both an Australian and international level, we are incredibly proud to continue our ascent in the QS World University Rankings," Professor Zelinksy said.

"This result is reflective of the work of our talented staff - both those leading critical research breakthroughs and those inspiring the next generation through innovative approaches to teaching and learning."

UON received an overall score of 43.1, up from 42 last year.

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CEN T R AL COA S T COUNCIL NE WS

How Council is wasting your money Since being elected in September 2017 Central Coast Councillors have embarked on a campaign to frustrate and deny legitimate development applications that end up in the Land and Environment Court and get approved.

The cost to Council in staff time and legal fees for undertaking this game is growing.

The following is a list of DAs that have been refused at council level in spite of recommendation by staff for approval and approved by the Court.

Kalava v CCC (2019) NSWLEV 1221 DA - Drug rehabilitation facility Ourimbah Conciliation conference – parties agree Approved Winphil Pty Ltd v CCC (2019) NSWLEC 1240 DA - Mixed use development Macmasters Beach Conciliation conference – parties agree Approved Manylike Pty Ltd v CCC (2019) NSWLEC 1233 DA - Seniors living – 30 units – Kanwal Conciliation conference – parties agree Approved Capolupo v CCC (2019) NSWLEC 1231 DA - Residential flat building (site 1) The Entrance Conciliation conference – parties agree Approved Copolupo v CCC (2019) NSWLEC 1230 DA - Residential flat building (site 2) The Entrance Conciliation conference – parties agree Approved Codling v CCC (2019) NSWLEC 1158 DA - Mixed use development in business park zone – shop top housing. Tuggerah Appeal Approved Bateman v CCC (2019) NSWLEC 1101 DA - Childcare centre Wamberal Conciliation conference – parties agree Approved Pluim Commercial Contractors Pty Ltd T/as Pluim Group v CCC (2019) NSWLEC 1077 DA – Place of worship Tumbi Umbi Conciliation conference – parties agree Approved Wensco Pty Ltd v CCC (2019) NSWLEC 1044 DA – Office additions Tuggerah Conciliation conference – parties agree Approved AMT Planning Consultants Pty Ltd T/as Coastplan Consulting v CCC Planning Law – Existing use rights – development consents granted 1980 and 1983 for use as caravan park.

Additions to caravan park Empire Bay Dismissed Tenterfield Petroleum Pty Ltd v CCC (2018) NSWLEC 1553 DA – Completion of canopy and con-

struction of pylon sign Yarramalong Conciliation conference – parties agree Approved GV Nominee No 1 Pty Ltd v CCC (2018) NSWLEC 1328 DA – 15 lot subdivision Glenning Valley Conciliation conference – parties agree Approved Marchese v CCC (2018) NSWLEC 1310 DA – Coastal protection works Wamberal Conciliation conference – parties agree Approved Coastplan Consulting v CCC (2018) NSWLEC 47 DA – Appeal against refusal of DA. Additions to caravan park Empire Bay Judgement Dismissed Meanwhile a search of the NSW Court Lists shows that a further eleven cases are listed with the Land and Environment Court for hearing in the next few months.

Council continues opposition to Airport – keeps Briefing Paper confidential At its 11th June meeting Council a Rescission Motion in respect to Council’s opposition to the Central Coast Airport put up by Councillors Best and McLachlan was again lost.

The motion was in respect to Council’s original refusal to allow the Central Coast Aviation Hub Concept Plan for the airport dated 27 November 2017 to be placed on public exhibition.

Chairman of the airport support group, Your Central Coast Airport Association, Ian Codrington, spoke in public forum in favour of the Rescission Motion and referred to a recently prepared Briefing Paper prepared

by Council which is being kept confidential.

Mr Codrington said the fact that this Briefing Paper has not been released indicates that is favourable towards the airport otherwise why is it being kept confidential.

Councillors voting against were Mayor Smith and Matthews, Mehrtens, Sundstrom, Greenaway, Vincent, MacGregor and Hogan.

Those in support were Councillors Gale Collins, Pilon, McLachlan, Holstein, Marquart and Best.

Central Coast Councillors have continually voted against the public being allowed to see and comment on the $450,000 Concept Plan.

Given the pressure that will be placed on Bankstown Airport once the Badgerys Creek Airport opens the Warnervale site is perfectly placed to provide a base for aviation based ancillary goods and services for the General Aviation industry.

YCCA is campaigning for the Central Coast Council to be transparent with the community. They want to know why they are refusing to release the report to the public and why they aren’t supporting job

creation in aviation, on the Central Coast.

Meanwhile there appears to be a hidden agenda on the part of the Mayor in respect of the future of the airport. She is supported by anti-airport activists who are committed to the closing down of this valuable regional asset.

Election over Terrigal Boardwalk to proceed With the NSW Elections now behind us Central Coast Council has stopped playing their political games and at their 24th June meeting approved the $3 million Terrigal Boardwalk project.

Council will contribute $1.648 million already collected from the Terrigal Tourism/ Business Development Levy Council will contribute 50% and the State Government will do likewise.

All Labor councillors voted against the project which was approved with the Mayor’s casting vote.

Operational Plan for 2019-20 approved with $18.6m deficit Central Coast Council’s Operational Plan for the 2019-20 financial year will deliver $792.0 million worth of investment in essential services and capital works has been approved.

Council’s operating income for the 201920 financial year is $537.8 million, leaving an estimated budgeted operating deficit of $18.6 million excluding capital grants and contributions.

Council is projecting a larger deficit than first forecast in the draft plan due to an increase in the emergency services levy payable to the NSW State Government and an adjustment to Council’s income and expenditure in line with the Independent Pricing and Regulatory Tribunal (IPART) final determination released in May. The Plan forms the second year of Council’s Delivery Program 2018-21 delivering $556.4 million in essential services and $235.6 million in capital works in the priority areas of roads; water and sewerage service infrastructure; protecting and enhancing the local environment; community facilities and open space and recreation infrastructure.

Hundreds of projects are planned across the Coast in the $235.6 million capital works program. Priority spending areas include: • $74.97million in roads, transport and drainage • $39.75million in water and sewerage • $25.17million in open space and recreation • $18.15million in facilities and asset management • $9.39million in economic development and project delivery • $5.55million in business enterprise CENTRAL COAST BUSINESS REVIEW JULY 2019

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

FOR SALE NORTH GOSFORD – DEVELOPMENT OPPORTUNITY

155 SERPENTINE ROAD, TERRIGAL

Industrial zoned land 1195m2 approx, w/ 100m2 shed.

Terrific land holding, close to Gosford CBD, located opposite the Citi Gate Business Centre.

FOR SALE - CONTACT AGENT

TUGGERAH – AMAZING LOCATION

Warehouse approx 428m2. Office approx 107m2.

Natural light, ducted air conditioning plus balcony, parking at front of building, high & wide roller door.

FOR SALE $899,000 + GST

WEST GOSFORD - MANNS RD EXPOSURE

ERINA – TENANTED INVESTMENT

Zoned IN1 & approx. 340m2 incl 58m2 mezzanine.

Ceiling height from 6m-7m, roller door, 3 phase power, 3 parking spaces, Male/Female bathrooms + shower also balcony overlooking Manns Road.

FOR SALE $720,000 + GST / LEASE $43,000 pa Gross + GST

175m2 office space on 3rd floor of Platinum Building.

Includes reception area, boardroom & 5 x car parks.

There are 6 private offices that are leased w/ a net income of $70,000 pa Net + GST. FOR SALE - CONTACT AGENT

MORISSET - INVESTMENT

SOMERSBY – 2 ACRES OF PRIME INDUSTRIAL LAND

Purpose built sterile laboratory for hi-tech health & medical manufacture. Industrial unit w/ long term tenant with a 6.5% net return.

FOR SALE $650,000 NO GST

TUGGERAH BUSINESS PARK - QUALITY WAREHOUSE WITH EXTENSIVE FITOUT!

HOME, VACANT LAND & COMMERCIAL FACILITY

221m2 quality warehouse with mezzanine office and extensive fitout. Vacant possession or lease back option. Don’t delay!!

FOR SALE $635,000 + GST

2.032ha property. Zoned 7c2. It’s occupied with: Commercial Indoor Swim Centre, Gym, Cafe, 39 onsite carparks, 2 storey home w/ 4-bedroom, 2-bathroom, 2 car garage in addition to a 4 car detached garage.

EXPRESSIONS OF INTEREST

WARNERVALE – 7 INDUSTRIAL UNITS AVAILABLE 7 new units situated at the Warnervale interchange, appprox 109-192m2*. All units have DA approval mezzanine levels.

FOR SALE FROM $379,000 + GST

TUGGERAH - BEST VALUE INDUSTRIAL !

FOR SALE

PROPERTY OF THE MONTH

Approx 3312m2 level IN1 zoned land, 2 adjoining sheds, multiple roller doors, compacted hardstand, storage areas, carpark, offices, 3 toilets, kitchen & security/ alarm system.

FOR SALE & LEASE – Expressions of interest

TUGGERAH - SUPERIOR & FIRST CLASS IN EVERY WAY!

Gross floor area approx. 448m2 consisting of approx.

79m2 reception with office areas on the ground floor plus 369m2 approx. warehouse.

FOR SALE $940,000 + GST - FOR LEASE $64,500 pa net + GST

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

Mostly cleared ready for development. Zoning IN1, total area approx. 8,418.00m2. All Somersby contributions have been paid. Services available are sewer, water & power.

FOR SALE $2.1M + GST

FOR LEASE UMINA - EXCELLENT OFFICE SPACE

Office space of approx. 387m2. 6 individual offices + administration area also a large reception & waiting area. Has a kitchen/lunchroom, male/female toilets, bathroom incl shower & 6 car parks.

FOR LEASE $58,000 NET PER ANNUM + GST

TOUKLEY

82m2 shop suitable for retail - medical or professional office. Great exposure, situated in a busy retail precinct next to council car park.

Take advantage passing foot traffic and high visibility.

FOR LEASE $20,500 pa net + GST

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

Phone 4353 7700

Get results!

FOR SALE

EOI

FOR SALE $485,000

1 Bon Mace Cl, Berkeley Vale

3/15 Bon Mace Cl, Berkeley Vale

Secure Long Term Investment!

Rare and Sought after Industrial Unit

53 self-storage units Strong storage demand Tightly held estate For more information:

Ben Purdue 0450719600

Ground floor warehouse with offices and amenities.

Mezzanine area overlooks warehouse floor and driveway Upstairs offices and air conditioned.

For more information:

Andrew Dunn on 0458 864 236

Local Knowledge & National Strength CENTRAL COAST BUSINESS REVIEW JULY 2019

ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au

PROPERT Y REPORTS

Mintus buys West Gosford Shopping Centre

10 WILLOW TREE ROAD, WYONG E.O.I FOR LEASE

FREEHOLD INDUSTRIAL INVESTMENT This offering is approx. 2,259sqm, of combined floor area including mezzanine office with separate amenities, ground floor office area with lunchroom, & amenities. The factory/warehouse is approx. 2026sqm, a building height of 7.5m to the eave, constructed of full concrete panel walls approx. 800 amps of power, 3 large roller doors along the northern side of the building and concrete hardstand and parking for up to 30 cars. This is to be offered with a 3+3-year lease back, anchored by Wideline Windows and Doors with a commencing income of $248,490 Net per annum.\

17 GRIEVE ROAD, WEST GOSFORD FOR SALE: $875,000 + GST (if applicable)

TWO FREESTANDING BUILDINGS WITH INCOME! This is a battleaxe site of 2,209sqm (approx.) with two freestanding buildings offering a combined floor area of 675sqm (approx.). The buildings include some office space, amenities, good internal clearance and access via multiple roller shutter doors. With an existing tenant in place on a periodic lease, the property offers great flexibility for either an investor or owner-occupier.

SUITE 12/ 31 DWYER STREET, NORTH GOSFORD FOR LEASE

West Gosford Shopping Centre

Contact: Mark Davies 0422 442 858 Daniel Mason 0403 889 530 Chris Watson 0402 430 213

Privately owned Parramatta developer and investor, Mintus, has added another retail asset to its property portfolio, by purchasing the West Gosford Shopping Centre.

Developed as a neighbourhood centre some thirty years ago the Coles / Liquorland anchored centre was sold for $23 million by ISPT Super Property and Coles Properties.

The single level centre at 269-299 Brisbane Water Drive, West Gosford sits on a 17,559sqm site with a Gross Lettable Area of 9,249sqm.

FITTED OUT SUITE WITH PARKING Positioned in North Gosford, first floor suite offering 131m2 + 19m2 secure ground floor storage. The suite is in fantastic condition, fitted out with undercover allocated parking and also very close to Gosford CBD, Gosford Hospital and public transport. Available 1st August 2019.

Prices shown with * are inclusive of GST.

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

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

The centre includes a well performing Coles and Liquorland supported by a number of specialty tenants.

The property was sold off market by Steven Lerche and Andrew Palmer of Savills Australia.

Saville noted the centre is strategically located at the intersection of the Central Coast Highway and Brisbane Water Drive and has significant value add potential.

“This was a rare opportunity to undertake a refurbishment/ redevelopment of a strategically located shopping centre on the Central Coast of NSW,” according to Steve Lerche, National Director, Retail Investments at Savills Australia.

The centre has convenient on grade parking for 210 cars and town planning is Zoned “B2 Local Centre” under the “Gosford Local Environmental Plan 2014” with a FSR: 1:1 Height Limit: 11.5 metres.

There is also a large trade area catchment population with 16,000 in the MTA” he continued.

According to Ben Stewart, Director, Retail and Residential at Mintus West Gosford represents a “fantastic opportunity” for Mintus to redevelop and reinvigorate the precinct to reflect current retail trends and position the asset for strong future growth.

“We look forward to working with Coles, Council and the public to provide a convenient neighbourhood centre that suits the local area”.

Mintus acquired the Wyong Plaza shopping village in Alison Road in 2015 paying $17.6 million and in 2016 paid $910,000 for 17 Alison Road, Wyong opposite the centre.

CENTRAL COAST BUSINESS REVIEW JULY 2019

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PROPERT Y REPORTS

Local investor buys prime Terrigal commercial

The property last sold in 2010 for $950,000 (Source RPData).

The sale was negotiated by Daniel Mason from Chapman & Frazer Commercial Real Estate

Local investors have paid $2.6 million (GST not applicable) for units 3 and 4 on ground level at 112 Terrigal Esplanade, Terrigal opposite Terrigal Beach and at the entry point to Terrigal’s busy commercial strip.

The two strata properties comprise a total of 143 sqm plus 7 sqm of balcony

space leased to a long established tenant with lease period for 5 years to 2023 and 5 year option at a 6% per annum return to the investors.

The property had been on the market for 58 days and was sold by Brent Pilkington from Accom Property

Developer buys Ettalong Beach property

Helen Hughes from Helen Hughes Property reports the sale of 216 Memorial Avenue, Ettalong Beach to Long Beach Living Pty Ltd for $3.4 million.

Investor buys Doyalson industrial A local investor has paid $1,400,000 plus GST for a 6,035 sqm industrial site with 479 sqm portal frame metal clad workshop and solid hardstand on the remainder of the site at 502 Scenic Drive (Central Coast Highway), Doyalson in the tightly held Doyalson Industrial Estate, zoned IN1 General Industrial.

CENTRAL COAST BUSINESS REVIEW JULY 2019

The 519 sqm property has been purchased as part of the proposed development site for the company’s hotel project reported on in CCBR June 2019.

The property comprises a truck inspection pit inside the workshop, an external truck wash bay on the north-western side of the building, as well as a high clearance awning on the south-eastern side of the building.

The property benefits from a passing income from a Lease held over 170m2 of the site for a telecommunications facility.

Owner buyer for Lisarow industrial An owner occupier has bought Lot 4, 35 Sunny Bank Road, Lisarow paying $930,000 (GST not applicable) which they had been renting for some years.

The property comprises a 536 sqm freestanding industrial building with amenities and office on a 4,200 sqm block.

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

Investor buys Kincumber factory unit An investor has bought Unit 3 a vacant 195 sqm industrial unit at 6 Kerta Road, Kincumber paying $480,000 plus GST. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale.

Somersby land sales Karen Aubrey from LJ Hooker Commercial Central Coast reports the sale of two vacant lots in Somersby Falls Road, Somersby.

49 Somersby Falls Road - A Sydney buyer has acquired a 4,000 sqm cleared, level vacant lot with services including power, water and gas.

Price paid was $1,100,000 plus GST or 275 per sqm.

64 Somersby Falls Road – a local investor has bought a 4,634 sqm level, cleared lot on the corner of Pile Road and Somersby Falls Road with all services.

The property was sold under the hammer with only three registered bidders present for $1,145,000 plus GST or $247 per sqm

LEASINGS NSW Aboriginal Land Council leases in Gosford The NSW Aboriginal Land Council has leased Suite 23, a 159 s sqm office suite at 207 Albany Street, Gosford.

Terms of lease are 5 years with 2 x 3 year options at a rental of $38,955 per annum plus Outgoings and GST. Daniel Mason from Chapman & Frazer Commercial Real Estate negotiated the lease.

EDITORIAL

Property investment - Can you afford to wait?

Tony Myers

UNFORTUNATELY, BY THE time most people reach retirement, they have very little financial security. They may have only a small pension, if they have one at all, and any savings will decrease in value as the cost of living escalates.

Retirement should be the time to reap the rewards of all your hard work. You have made personal sacrifices to ensure you achieve the best possible results in your professional life. The last thing you want when you retire is to face more sacrifice!

In my professional life, I have taken on many roles for my own business and also with external parties. One of my external roles was a three-month, short-term contract for Woollahra Council. During that time, the commuters I saw on the way to work taught me an invaluable lesson.

Every day, these anxious-looking people waited for the same trains. Many were clearly beyond retirement age, but like me, with little superannuation to fall back on, they were headed to a job. Many of the younger people, with thoughts of retirement far into the future, were probably spending as fast as they earned.

The lesson I learned is that, when you’re so busy working, it’s difficult to find time to think about retirement, let alone learn about different ways to achieve your goals.

The ideal is to create passive income, so that when your active income stops, your lifestyle doesn’t. This means investing in something that will help you to keep living the life you love.

In order to help other people like me and those commuters, I have written a book which covers some areas you need to consider while planning for your retirement – in particular, investing in off-the-plan real estate.

Information about off-the-plan investing is usually a well-kept secret that only benefits those in the know. I have made it my mission to educate as many people as possible about this wonderful opportunity.

As a smart and savvy business professional, you don’t need to be blinded by a hard sell. My priority is simply to share information that will help you to make an informed decision, without you having to step out of your busy daily routine.

Whether retirement is just around the corner or still seems a long way off, it’s worth asking yourself if you are going to be able to support your lifestyle. One of the best ways to invest is with real estate, and the best time to invest in real estate is now!

If you are ready to see if investing in offthe-plan new homes is right for you, then visit https://www.wealththroughpropertybook.com.au for your complimentary copy of “Wealth Through Property Investment”

Central Coast the Cinderella Coast CONTINUED FROM PAGE 8

Mayor (the one with more Mayoral Minutes than any mayor in history) will be moving to kill off the Central Coast Consolidated LEP (see Page 11).

It defies belief that anyone would be so reckless as to even contemplate such a move.

In September there will be a Mayoral Election. When the Central Coast Council was first elected in September 2017 the Labor / Green councillors voted Councillor Smith to be Mayor for two years.

The former CEO of the Community Environment Network, a local green group that opposes everything, took the job on with relish.

This Mayor is leading what is now proving to be the worst of any Gosford or Wyong Council in history.

Playing political games as the Labor councillors are is a disgrace. These people are totally committed to keeping our region held back.

Is it any wonder the Berejiklian Government has abandoned us.

Edgar Adams Editor

CENTRAL COAST BUSINESS REVIEW JULY 2019

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RESIDENTIAL PRESTIGE PROPERT Y REPORT

Serene lifestyle on a Tuscan estate

The property: Ourimbah. This exemplary Tuscan inspired private estate spans 38 acres and provides absolute seclusion and an unsurpassed lifestyle. It comprises a 5-bedroom, 6-bathroom residence on two levels with formal and informal living and dining areas, a billiard room and media room with surround sound speakers.

Other features include: swimming pool and spas, a championship sized tennis court, manicured tropical gardens, stables, workshop, tack room and post and rail fenced horse paddocks. An original, heritage listed 3-bedroom caretaker's cottage is positioned at the front of the property.

The price: $3,650,000 The buyer: A family from north western NSW coming off a larger acreage.

The sale: The property was on the market for 90 days and initially offered with a tender campaign and finally sold by private treaty. The marketing campaign included extensive advertising in local and Sydney newspapers, social media and internet campaign.

The agent: Stephen Gittoes and Ingrid Osborn from Gittoes who said, “on the back of some great recent sales, this sale is proof that the market is still very positive on the Central Coast.”

Surfing at Avoca

The property: Unit 3, 98 Avoca Drive, Avoca Beach. This 351 sqm, 4-bedroom, 3-bathroom exclusive penthouse with private rooftop terrace in the secure ‘Odyssey’ complex offers panoramic ocean and beach views, a sublime north easterly aspect and a spacious modern design throughout.

The price: $2,150,000 The buyer: A Sydney family who will use it as a holiday house.

The sale: The property was on the market for 4 months.

The agent: Garth Hunter from Raine & Horne Terrigal – Avoca Beach.

FOR SALE

4/116 The Ridgeway, Lisarow Private Setting & Picturesque Outlook This comfortable family home is set on a beautiful north facing 2.5 acre parcel of land with an established garden setting. The courtyard encompasses a BBQ area with fireplace, pizza oven and fire pit. The property has established fruit and vegetable gardens, shed, chicken run, detached studio and a bore. D.A. approved plans are in place for the detached garage, alterations and extensions to the existing dwelling and a swimming pool.

Price: Auction on Saturday 27th July at 1:15pm (unless sold prior) - Onsite Inspect: Saturdays 1:00 – 1:30pm or By Appointment during the week Agents: Stephen Gittoes & Ingrid Osborn

CENTRAL COAST BUSINESS REVIEW JULY 2019

562 Empire Bay Drive, Bensville Executive Style Living & Animal-Friendly Acres This spacious home, set upon 2.5 sunny useable acres in a bush setting with easy to maintain gardens, has a functional floor plan, resort style solar heated pool, recently renovation main and ensuite bathrooms, fenced paddocks, stables and a chicken run.

Price: Contact Agent Inspect: By Appointment Agent: Trent Mullen & Ingrid Osborn

BUSINESS TIPS

When trying to comply with one law – another law brings the Employer undone

By Warwick Ryan, Partner, Hicksons Lawyers

THE CHALLENGE FOR anyone trying to navigate Australian employment law is to confront the reality that - rather than merely being governed by one piece of legislation - it is directly affected (and influenced to varying degrees) by dozens of entirely separate (and very different) pieces of legislation - from WH&S through discrimination to payroll tax to copyright to worker compensation. The increasing layers of complexity and the narrow focus of the tribunals governing their area of responsibility, make the employment of staff in Australian businesses highly complex and frequently fraught.

A good example of this, is a recent case Full Federal Court case where privacy laws prevented an employer from implementing a system which used employee fingerprints to comply with its timekeeping obligations.

How do employers comply with the Fair

Work Act’s requirements to keep accurate attendance records without monitoring employee attendance accurately?

Unfortunately, some employees are not always truthful about such matters - even to the extent of having other employees ‘bundy on’ for them. So it is not a stretch for an employer to want to introduce a system involving a truly accurate personal identifier.

And what could be more accurate than the use of employee finger prints?

Well, not all employees are open to such ‘intrusive’ options. Just as not all employees are trustworthy; unsurprisingly, some employees are suspicious of their employer’s motives in introducing such a deeply personal system. This is because employees understandably doubt whether their employer will show commensurate care when dealing with their personal information.

The recent Full Bench of the Fair Work Commission (Full Bench) decision gave comfort to such employee reservations – confirming that employers cannot require employees to provide their fingerprint data.

But, alas, this did not provide comfort to the hard done by employer who was just trying to confirm its employees were working as long as they say they are.

The employee (Lee) was a casual factory hand employed by an Australian sawmill operator (Employer). The Employer imple-

mented a policy requiring employees to provide the Employer with their fingerprint data to enhance the efficiency and integrity of the Employer’s payroll system. However, Lee refused to provide this data to the Employer. Subsequently, Lee was given a notice of dismissal and multiple opportunities to respond to the Employer’s request, however, he continued to refuse and was later terminated.

The Full Bench decided the employer’s direction to an employee to consent to provide personal information was unlawful and therefore the employee’s failure to comply with the direction was not a valid reason for his termination. When considering this claim, the Full Bench also discovered the employer breached multiple privacy principles, emphasisng that employers must repeatedly check whether their internal policies comply with the law.

The takeaway from this case is two-fold.

The first obvious principle is employers must ensure they only terminate employees for valid reasons. We all know that!

The second is more interesting, namely employers must comply with privacy legislation when collecting such deeply personal information. If the employer does not comply with the Australian Privacy Principles, their reason for terminating an employee may not be valid.

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CENTRAL COAST BUSINESS REVIEW JULY 2019

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BUSINESS TIPS

Mind your business Running a home business: Are you covered?

By Troy Marchant, Director, Robson Partners Chartered Accountants

SETTING UP A business at home can be extremely rewarding, especially if it gives you more time to spend with family. But without the financial safety net an employer can provide, it’s vital that you have the right types of insurance in place to cover all eventualities.

Protecting your business While your contents insurance might protect the valuable items in your home, it may not cover specialised work items like tools or IT equipment so consider specialised insurance.

And when your home is also your workplace, you’re responsible for anyone who comes on site for business reasons. Public liability insurance protects you if a customer or supplier gets injured or has their property damaged while at your home.

If your business sells physical goods to customers, then you’ll want to consider product liability insurance as well. This provides cover for legal liability if someone gets injured from using one of your products or has their property damaged by your products. Litigation can be expensive, so make sure you’re adequately protected against the risk of being sued.

Protecting your staff If you’re running your business with someone else, including a spouse or family member, then you need to think about what would happen if one of you became seriously ill or injured – or even passed away.

Key person insurance enables you to take out life cover for a partner or employee, with the business named as the beneficiary.

This means the business receives a payout if that person dies or becomes incapacitated.

The money can then be used to compensate for the loss and keep things running until a replacement person can be found.

And don’t forget, if you have any employees – whether they’re employed on a fulltime, part-time or casual basis – then it’s compulsory to take out a workers compensation policy that covers them. This insurance goes towards the costs of benefit payments and medical expenses if a staff member suffers a work-related injury or illness.

Protecting your loved ones If you’re self-employed, you need to think carefully about how you and your loved ones would be impacted financially if you were unable to work for a while. Personal life insurance is an important protection to have in place to ensure your family is protected.

Your financial adviser is the best person to guide you through your options and make sure you have the right types of cover for your business and your family.

Coastal Connexions IT group reforms Coastal Connexions, the IT group that was established some five years ago meeting each month to discuss issues and share ideas around the IT industry has regrouped after a break of two years.

Twenty-three former members came together on the 1st Tuesday in June to hear Guest Speaker Peter Auhl who was appointed Chief Information Officer at Central Coast Council early in 2019, speak on his experience as CIO at Adelaide City Council.

The meeting was held in the meeting rooms of the new commercial offices suites at Bonython Tower Gosford in which two local IT companies have relocated.

Mr Auhl was the architect of Ten Gigabit Adelaide, a network that has helped the city’s businesses overcome cloud connectivity issues due to everincreasing domestic traffic created by services like Netflix and YouTube.

Established in early 2018 the network has transferred business traffic from the internet to private links and interconnects.

Mr Auhl, who was placed number six in the 2018 CIO-50 list, said the network is providing Adelaide businesses with communications capacity that is matched by any other city in the world.

The network connects more than 1000 buildings and 3,500 businesses on a

CENTRAL COAST BUSINESS REVIEW JULY 2019

common network. As a result Adelaide was named among the world’s top 21 ‘smart communities’ by New York based international think-tank, the Intelligence Community Forum (ICF).

Ten Gig Central Coast Mr Auhl said a similar opportunity existed for parts of the Central Coast particularly Gosford, Erina and Tuggerah to become 10 Gig networks.

He gave an example of a large international education company based in Adelaide that had reduced their internet costs from over $3,000 per month to less than $400.

The City of Adelaide has now become one of the cheapest cities in the world for broadband with speeds twice as fast as Seoul, South Korea. As a result of Adelaide’s initiatives movie giant Technicolor has moved into the city creating 400 jobs and injecting over $250 million into the local economy.

While the opportunities for the Central Coast are endless Mr Auhl and Council’s CEO Gary Murphy see equal opportunities bringing highly qualified and well paid commuters working in Sydney back to working on the Central Coast close to where they live.

Coastal Connexions will continue to meet on the 1st Tuesday on each month at Bonython Tower Gosford.

FUNNY BUSINESS

A LADY WAS picking through the frozen turkeys at the supermarket but couldn’t find one big enough for her family.

She asked a shop assistant, “Do these turkeys get any bigger?”

“No ma’am,” he replied, “they’re dead”.

A policeman got out of his car to speak to the kid he had stopped for speeding.

“I’ve been waiting all day for you,” said the policeman.

The kid replied, “Yeah, well I got here as fast as I could.”

A truck driver is driving along on the freeway. A sign comes up that reads, ‘Low Bridge Ahead’.

Before he knows it, the bridge is right ahead of him and he gets stuck under the bridge.

Cars are backed up for miles.

Finally, a police car comes along. The cop gets out of his car and walks to the truck driver, puts his hands on his hips and says, “Got stuck, huh?”

The truck driver says, “No, I was delivering this bridge and ran out of gas.”

Taxiing down the tarmac, the jetliner abruptly stopped, turned around and returned to the gate.

After an hour-long wait, it finally took off.

A concerned passenger asked the flight attendant, “What was the problem?”

“The pilot was bothered by a noise he heard in the engine,” explained the Flight Attendant, “and it took us a while to find a new pilot.”

Two men got out of their cars after they collided at an intersection. One took a flask

from his pocket and said to the other, “Here, maybe you’d like a nip to calm your nerves.”

“Thanks,” he said, and took a long pull from the container.

“Here, you have one, too,” he added, handing back the whiskey. “Well, I’d rather not,” said the first. “At least not until after the police have been here.”

A shopkeeper was dismayed when a brand new business much like his own opened up next door and erected a huge sign which read ‘BEST DEALS’. He was horrified when another competitor opened up on his right, and announced its arrival with an even larger sign, reading ‘LOWEST PRICES’.

He panicked, until he got an idea. He put the biggest sign of all over his own shop. It read ‘MAIN ENTRANCE’.

A stockbroker was cold calling about a penny stock and found a taker. “I think this one will really move,” said the broker, “it’s only $1 a share.”

“Buy me 1000 shares” said the client. The next day the stock was at $2. The client called the broker and said, “You were right, get me 5000 more shares.” The next day the client looked in the paper and the stock was at $4.

The client ran to the phone and called the broker, “Get me 10,000 more shares,” he said.

“Great!” said the broker. The next day the client looked in the paper and the stock was at $9. Seeing what a great profit he had in just a few days, the client ran home to the phone and told the broker, “Sell all my shares!” The broker said, “To whom? You were the only one buying that stock.”

An Irishman goes for a job on a building site.

The man says, “Can you brew tea?” The Irishman says, “Yes.” “Good. Can you drive a forklift?” The Irishman looks at him and asks, “Why? How big is the teapot?”

USAir recently introduced a special half fare for wives who accompanied their husbands on business trips.

Expecting valuable testimonials, the PR department sent out letters to all the wives of businessmen who had used the special rates, asking how they enjoyed their trip.

Letters are still pouring in asking, “What trip?”

A couple of old guys were golfing when one said he was going to Dr. Taylor for a new set of dentures in the morning. His friend remarked that he had gone to the same dentist a few years before.

“Is that so?” the first said. “Did he do a good job?”

“Well, I was on the course yesterday when the fellow on the ninth hole hooked a shot,” he said. “The ball must have been going 200 mph when it hit me in the stomach. That,” he added, “was the first time in two years my teeth didn’t hurt.”

Quote of the month “The only way to know how customers see your business is to look at it through their eyes.”

Daniel R. Scroggin

Is your advertising unattractive?

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GRAPHIC BYDESIGN .COM.AU CENTRAL COAST BUSINESS REVIEW JULY 2019

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THE NEW BMW 3 SERIES. ALWAYS AHEAD.

Introducing the new BMW 3 Series, an icon for a new era. The 3 Series has been completely reinvented to deliver progressive performance, future-focused design and next-level innovation. And the new 3 Series also has forward-thinking technology, including “Hey BMW.�

Now you can control your vehicle, navigation and entertainment systems with your voice alone.

Book a test drive at Worthington BMW today.

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Ph (02) 4340 9988. worthingtonbmw.com.au LMCT16016