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Print Post Approved – PP100001854
Vol 26 March 2016
Published monthly (except January)
business review PAUL FREEMAN Still having fun after 25 years Lederer’s $650 million plan for Gosford Nexus backs up successful first year with expansion plans Tip Top acquires old Kellogg’s site
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CON T EN TS
Read ersh ip
20,00 0 Cover story 5 Paul Freeman – Still having fun after 25 years
Business News 7 Lederer’s $650 million vote of confidence in Gosford 8 Nexus backs up successful first year with expansion plans 10 DA in for Tax Office 11 Erina landmark nears completion 12 Tip Top acquires Kellogg’s site 13 Gosford Council unveils plans for new city library and learning centre 14 Council takes over The Entrance 14 Art House directors announced 15 Millennium Group acquires ACS 16 Robertson & Robertson sets up Specialist Government Valuation arm
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17 Brian Hilton appoints Group Marketing Manager 21 Plan for Success 21 Lawyers can keep secrets where you are not allowed 22 Are we facing another global economic meltdown?
Regular features 6 Edgar Adams Editorial The genie is out of the bottle 15 Business Briefs 18 Commercial industrial properties for sale / lease 19 Property News 21 Business Tips 26 Funny Business 27 BUSINESS SERVICES 23-25 CONFERENCE & SEMINAR VENUES 2016 FEATURE
Front cover: Paul Freeman
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
Paul Freeman – Still having fun after 25 year FEATURED IN THE newly released book, ’50 Unsung Business Heroes’, Paul Freeman, Executive Chairman of global managed services provider, E-Bisprint, has lost none of his enthusiasm for the family owned and operated company he founded 25 years ago. The book, which was launched in December by Federal Treasurer Scott Morrison, tells the story of 50 Australians who, in Mr Morrison’s words, “have invested personally, toiled passionately and made great sacrifices in order to create economic opportunities for themselves and their families, and in turn help create jobs and grow our economy.” There is no doubt Freeman and his team have ticked all those boxes since opening the doors of his business in 1990. Recognised as the 18th Most Innovative Company in Australia by BRW in 2014, E-Bisprint has won a swag of local, national and international awards in the past five years alone and is currently on track to increase its turnover by 70% this financial year. Freeman is also looking to double his sales force by 2018 as demand for E-Bisprint’s products and services grow. So how did a home-based print management business evolve into the global managed services provider it is today? It essentially boils down to a solid foundation built on four key principles that have set Freeman apart from the competition right from the start - innovation, customercentric design, positive workplace culture and leading the way as opposed to playing catch-up. Freeman thrives on the challenge of operating in a fast-paced, ever-changing
CENTRAL COAST BUSINESS REVIEW MARCH 2016
industry and it was clear from the start of our conversation that after all these years he still has a lot of fun coming up with new ideas. Early days Freeman began his career with the Maritime Services Board where he was fortunate to secure a job in the sought after IT department at a time when automatic data processing and computers were very much in their infancy. It was here that Freeman met his wife Ann who went on to start the E-Bisprint journey with her husband and continues to be an integral part of the company today as Human Resources Manager. Finishing his career at the Maritime Services Board as Customer Services Coordinator, Freeman moved on to Datacard Australia followed by the John Heathcote Printing Group where, at the age of 38, he was appointed Managing Director of a group comprising four companies and a staff of more than 100. Freeman said the steep learning curve and mentorship of John Heathcote paved the way for him to do what he’d wanted to do for some time – start his own business close to home on the Central Coast. During an overseas business trip, Freeman saw the opportunities that existed for distributors in North America. This was exactly the impetus he needed to set the wheels in motion. The Freemans’ business was originally founded as a home-based print brokerage firm aptly named, ‘Off and Running Print Management’. The year was 1990 and it was
By Phaedra Pym
a time when print management was in its early days in Australia. Establishing a key point of difference By 1997 Freeman opted to focus on the IT side of the business while other print management companies moved into warehousing. This decision was instrumental in creating a major point of difference from the company’s competitors. Ann Freeman said, “Paul used to come home from overseas trips and say we really need to get onto the super highway.” So the Freemans began investing their time, energy and money into building their IT development team and enabling them to design usable systems that were so far ahead of their time some are still being used to this day. In 2000, Freeman changed the name of the business to E-Bisprint to reflect its diversification into e-commerce and position the company as an early adopter of this technology. Keys to sustainable success Today E-Bisprint employs a staff of 68, has offices in four Australian capital cities (in addition to head office at Tuggerah), operates a major distribution hub in Asia, has access to 69 warehouses across Australia, has a dedicated team of sourcing staff in China and a growing IT development team based in the Philippines. The company’s main focus is on four main product and service groups – warehousing and logistics, corporate apparel and workwear, marketing, and print management – all managed by an overarching IT division.
COV ER S TORY
So what have been the keys to E-Bisprint’s success, ability to weather the tough times and consistent growth? • Focusing on the client first and foremost and understanding that it’s about empowering them by delivering cost and time saving benefits through technology. Do that and the rewards to the business will come. • Delivering the full end-to-end service rather than subcontracting services out as most of their competitors do. • Supporting local business and having that support reciprocated when needed. • Leveraging off periods of economic instability (like the GFC) because people tend to seek innovative ways to save money during those times more than any other time. • The ability and foresight to move swiftly with technology and come up with the most innovative ideas by placing a strong focus on continually building on their Intellectual Property. • Understanding that people are the real secret to success in business and making it a priority to look after them well. The Freemans have always fostered a positive workplace culture at E-Bisprint. The result is a high proportion of long-term employees (including a number of family members) and a rock-solid succession plan to ensure the future of the company is in good hands. • Nurturing the talents of young people through an in-house Trainee Program. E-Bisprint’s first trainee came on board as a result of Freeman approaching St Edwards High School in 1997. Since the great suc-
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Ann and Paul Freeman cess of that first venture into working with young talent, the Freemans have put many students through their Trainee Programs, even supporting them while they finished their studies at High School, University or College and paying some or all of their HECS debt depending on how long they stay with the company. Understanding that Gen Y’ers are typically difficult to pin down for too long, the Freemans have never been afraid to let them go and follow the career journeys of past trainees with interest and pride knowing they helped give them a solid foundation to build a successful and fulfilling career. • Harnessing the wisdom of the older generation through the delivery of part time work opportunities for people approaching retirement age.
Freeman’s vision is for E-Bisprint to be the leading supplier of managed services in the Asia Pacific region. Not being afraid to go head to head against the big players in the industry, Freeman said being the smallest of the larger companies has never fazed him. “I get a real boost out of beating the big guys. We just secured a $50 million contract with a major government department beating three multi-billion dollar companies because our in-house developed software surpassed everything else that was presented.” By continuing to look towards the horizon, have fun, leapfrog the competition and never be satisfied with the status quo, there seems little doubt Freeman’s vision has more than a good chance of being realised.
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info@patongahotel.com CENTRAL COAST BUSINESS REVIEW MARCH 2016
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EDITORIAL
Edgar Adams discusses local issues
The genie is out of the bottle at North Wyong and their highly successMANY YEARS AGO when Gosford Council ful Nexus Smart Hub. was actively holding back the Gosford CBD Tip Top Bakeries have filled the void left and the rest of the LGA as well, this Editor when multi-national Kellogg’s decided there said, “One day the genie will get out of the was a better future in Vietnam and closed bottle and nothing will hold Gosford back.” down their Charmhaven healthy snack manWell Gosford’s time has come and the ufacturing facility two years ago. The 100 only claim Councillors of the past will have jobs that were lost will now be replaced. is that they created a blank canvas on which One of Australia’s best known publicans, a brand new Gosford City – a world-class Arthur Laundy has bought the Crowne Plaza Smart City - is now being built. Hotel at Terrigal and in the same month Last month the Lederer Property Group bought the Settlers Tavern at West Gosford. announced a $650 million plan to transform And then there is the $360 million redeGosford on the Kibbleplex site after spendvelopment of Gosford Hospital and the ing $20 million last year on refurbishing the Australian Taxation Office. Imperial Centre which they have owned for Add to all these the number of significant over 20 years. Development Approvals that went through Millionaire businessman John Singleton, last year some of which may not proceed always an advocate for Gosford, bought the but we think most will. Duttons Tavern site with DA for a 17 storey So, after being in the wilderness for the hotel and residential development in the past 20 years the Central Coast is now on main street early in the New Year. He wants the radar of City investors. to be the first person to start developing in Last month Australia’s largest real estate Gosford and he is well on track to do that. firm CBRE and property advisors Matrix There is a growing number of people Property Group held an investment seminar who have confidence in our region and it is in Gosford and invited their investor clients getting hard to keep track of. to come along and hear about the opporThe next few months will see the Element tunities in the region. commercial building at Erina, Acacia@ The Managing Directors of CBRE and Gosford a 5-level residential development Matrix hosted the event and they, along in Faunce Street, West Gosford and the with their guests, were impressed with Mariners Centre of Excellence at Tuggerah what they heard. all completed Presentations were made by staff from At the same time the Henry Kendall Wyong and Gosford Councils and Matt Group is moving ahead with their developHanrahan CEO of Central Health. ment of the Golflinks Commercialad_small_update.pdf Campus Murrays_Erina-tamworth 2 2/17/15 10:24Coast AM
The large amount of money that the State Government is spending on infrastructure, the Tax Office, a new multi-million dollar maintenance facility at Kangy Angy for the new trains, roads all got a guernsey. The genie is out of the bottle and no one will be able to put it back. Meanwhile one wonders what has to be done to get our community excited about the greatest infrastructure project being built right under our noses. It seems that CCBR is the only one who continues to have faith in the rollout of the National Broadband Network and has the capacity to understand what it means for our region. In the space of the next two years the Central Coast will be totally connected to the NBN. Nodes are being installed and connected everywhere. The real delay in getting your business or home connected is due to the incompetence of the NBN Co and the telcos, like Telstra. But that is changing. This region has something big to crow about. We will be the only region in Australia with broadband. So why is it that real estate agents and Gosford and Wyong Councils don’t mention it? Edgar Adams Editor
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
BUSINESS NEWS
Lederer’s $650 million vote of confidence in Gosford
Looking west towards Kibble Park which will be transformed as part of the Master Plan LEDERER PROPERTY, OWNER of the Imperial Centre in Gosford, has unveiled a $650 million plan that will totally transform the Gosford CBD over the next 15-20 years. Spread over 5.8 hectares it will be the largest integrated mixed use and urban renewal project ever to be advanced in the Central Coast region The Master Plan outlines a proposal to bring to life a thriving new urban precinct across a site that includes the former Marketown Shopping Centre now known as Kibbleplex in the centre of Gosford and Kibble Park. The Gosford Alive Master Plan has been developed in partnership with world-class architects Conybeare Morrison (CM+). It includes the transformation of Kibble Park into a popular family destination, incorporating new water features, a multi-purpose performance space, enhanced playground, new cafés and restaurants and a market venue, that will make it a focal point for the revitalised CBD. On the site of the existing Kibbleplex Centre a contemporary mix of apartments, featuring striking architecture that reflects and celebrates the region’s natural beauty, will be delivered over the next five years, heralding a new city living experience for Gosford.
Residents will benefit from new shopping, food and entertainment experiences with an additional 8,000 square metres of retail/commercial space and 300 more parking spaces, proposed as part of the ongoing redevelopment of the Imperial Centre. This will happen over the project’s 15-20 year horizon and builds on the $20 million refurbishment of the Imperial Centre which
was completed at the end of 2015. Lederer says that the new precinct is designed to actively promote the health and well being of the community with inclusion of a proposed medical centre, gym and childcare centre. Transit-Oriented Development (TOD) principles will connect the precinct seamlessly to existing public transport nodes CONTINUED ON PAGE 20 WITH MORE IMAGES
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Nexus backs up successful first year with expansion plans HENRY KENDALL GROUP’S vision for their Golflinks Commercial Campus at North Wyong has been reinforced following the success of the Nexus Smart Hub which opened just a year ago. HKG is adding a new 3-level building to the Nexus Hub offering. This will include locked offices and work stations on flexible terms as well as larger tenancies on traditional lease terms available. Karben Training Solutions have already leased two thirds of a floor within the new building. “Nexus has been more successful than we thought,� said Managing Director Damien Wilde. “There is obviously an appetite for quality office space in Wyong particularly with those looking to move out of a home office environment,� he said. In just twelve months the Nexus Smart Hub has gained about 150 small business
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Henry Kendall Group Managing Director Damien Wilde and Chairman Patrick Wilde and commuter customers with about half accessing its services weekly. The cost from $15 per day makes it very attractive for users who come from as far away as Gosford due to the high quality services offered. Apart from offering high-speed Internet  (fastest on the Central Coast) and quality technology the Hub offers: hot desks, private offices and meeting rooms, video conferencing facilities plus other onsite facilities. HKG’s vision for technology enabled businesses to operate within the Golflinks Commercial Campus goes back to 2010 when they established the Hypernode data centre in the complex. This data centre is now part of a network of data centres in Sydney and Melbourne that have been purpose built as disaster
recovery, infrastructure as a service and cloud services. Servers Australia one of Australia’s leading cloud hosting, web hosting and virtual servers companies based in Tuggerah is locating its operations in a new purpose built data centre within Golflinks Commercial Campus this month. Managing Director, Jared Hirst, said, “This move will allow us to house over 2,000 servers from day one with the expansion to some 10,000 servers at the Nexus site in the future.� “The Nexus site has N+1 power, cooling and also has Gas Fire suppression. We have a dual fibre link from the DC back to our core network in Sydney.� “We are now the largest private hosting provider in Australia with 14 locations around Australia and NZ,� said Mr Hirst
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BUSINESS NEWS
HKG changing the face of North Wyong Always considered an industrial area Henry Kendall Group is changing the working environment of North Wyong into a more aspirational locality where people who work there take pride in their surroundings. HKG’s Golflinks Commercial Campus set on 14 hectares opposite Wyong Golf Course, continues to add a range of quality tenants to service the surrounding population as well a growing number of commercial employees. It is also creating quite a number of real jobs for the Central Coast. Services on the Campus now include childcare, food outlets, service station and car wash, self storage facilities, chemist and physiotherapist. Dr Rod Beckwith, owner of the Reliance Super Clinic at West Gosford, will open a Super Clinic with a full range of clinical services next month. He has signed a 10 x 10 year lease for a 700 sqm space that will accommodate 17 GPs and a range of allied health practioners. Henry Kendall Group Property and Facilities Manager, Julie Davies said the Campus is unique as HKG continues to create a community of professional facilities, services and products in line with the future growth and long term sustainability of the area.
Smart Hub at Golflinks Commercial Campus North Wyong “No longer can you consider North Wyong to be just another daggy industrial area – it has a changing face that is developing and is in no small part due to the foresight of the Wilde Family,” she said. Golflinks Commercial Campus is a prime example. It has evolved to meet the future needs of the area, created the environment to provide for a growing workforce and in doing so is changing attitudes. “We are host to a community of quality professionals
who provide a range of commercial, retail and professional services including health and well being. They take pride in their surroundings and with a proactive landlord who understands and respects what they do you create a more aspirational location and encourages the opportunity for long term sustainability.” “It’s a great recipe for successful business and in turn makes you proud to be a part of it,” said Ms Davies.
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
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BUSINESS NEWS
DA in for Tax Office TOWN PLANNERS BARKER Ryan Stewart have lodged a Development Application with Gosford Council for the development of a mixed use office and retail premises including adaptive reuse of the School of Arts heritage building at 99 Georgiana Terrace, Gosford. The DA has been prepared for Canberra developers Doma Group who acquired part of the former Gosford Primary School site last year for a reported $3,348,990.50. The area acquired was about 4,250 sqm. When completed the building will be taken over by the Australian Taxation Office although some retail will be activated on the waterfront level. An overview of the DA states that the main features of the development are: • Kick-starting development in the centre of Gosford with a financially viable project ready to commence construction in 2016 and completion by end of 2017. • It will provide long-term employment for approximately 700 people • It will occupy only 4% of the 10 ha Gosford Waterfront precinct leaving more than two-thirds of the 1.13 ha former school site for future development. • A multi oriented building design with activated frontages to Mann Street, Georgiana Terrace and Baker Streets. • Adaptive reuse of the former School of Arts building for food and drink purposes. • Creation of an Urban Square and landscaped terrace for use by the general public.
CENTRAL COAST BUSINESS REVIEW MARCH 2016
Proposed Australian Tax office Gosford 99 Georgiana Terrace GOSFORD
The development will comprise a commercial building ranging between 3 and 5 storeys high to front Georgiana Terrace and the Baker Street extension. The lower ground floor plate will be used as a Government innovation centre and will be open to the public. It does state that a future opportunity also exists to divide this space into multiple tenancies for a mix or retail and commercial uses. Office floor plates for each level will range between around 2,014 sqm and 2,049 sqm with a gross floor area (GFA) of about 7,827 sqm. Car parking will be provided for 92 vehicles. Meanwhile controversy rages over the manner in which the Tax Office was foisted
on the former Gosford Primary School site over looking Brisbane Water by the State Government in league with the Federal Government. Senator Deborah O’Neill in a Senate Estimates Committee has queried the manner in which the deal was done with Canberra based property developer, Doma Group and the Tax Office. Following a search of land titles Senator O’Neill uncovered that Doma had paid $3,348,990.50 for the 4,250 sqm portion of the school site. The question the Senator asks is why the Tax Office has to be located on this prime site when other developers put in bids that would have resulted in far lower occupancy costs for them.
BUSINESS NEWS
Erina landmark nears completion THE ELEMENT BUILDING on the Central Coast Highway at Erina will be completed in April and the developers are reporting that 80% has been sold off-the-plan or leased. The 3-level development promises to be a landmark in Erina with its striking architectural design and environmental status, offering solar generation, water recycling, embedded energy network and extensive sun shading that not only assists heat loads of direct sun light into the building, it also assists the efficiency of the air conditioning within the building. Element is being developed by the Brand Group who developed the Platinum Building ten years ago. Tim Gunasinghe from sales and leasing agents Commercialhq said interest has been strong with all three levels sold while the Level 4 Business Centre still has suites unsold. All suites have been sold to owner buyers for their superannuation funds or as investments. A group of local GPs have bought 260 sqm for a medical centre on the ground level with a dentist and physiotherapist taking two other spaces. A cafe is yet to be sold or leased. A neurologist has bought 440 sqm on level 1 with an investor buying a 70 sqm suite. On level 2 a cardiologist has bought 225 sqm and a distributor of education material has bought 410 sqm. A unique feature of Element is the Business Centre with 39 suites ranging size from 11 sqm to 36 sqm on the top level. It is the first of its kind in the region offering small strata suites to the market with
Commercialhq Director, Tim Gunasinghe with the almost completed Element building in background prices ranging from $109,000 to $368,000 depending on the size of the suites. The Business Centre, which looks out across Erina, features a foyer with atrium and vertical garden, reception lounge, 3 boardrooms, refreshment bar and breakout function area with bifold windows opening onto Karalta Lane. ALICE Virtual Receptionist Visitor Management system manages the lobby connecting visitors with occupants via 2-way video system. Commenting on the build Steve Mailey, Managing Director of Stevens Construction said, “we commenced the transformation of the site into a practical and professional commercial building for Erina Business. Demolition was completed and the large precast Concrete panels erected just in time for an unexpected major test in April.
The Central Coast was battered by winds exceeding 135Km/h (cyclonic category – 2) with many locals commenting on the large precast building walls that stood the test of the storm With close to 3 months lost time from inclement weather and site conditions, the project is still on track for a completion within the contract time. “ This has been a major effort from the local team of over 500 local subcontractors and Stevens Construction staff and I have to say they can’t go without a huge thank you. This is also the case with the many local suppliers.” “A major congratulations must also be given to our client at Commercial HQ for having the vision to produce such a high quality building for the Central Coast,” said Mr Mailey.
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BUSINESS NEWS
Tip Top acquires old Kellogg’s site OVER 100 NEW jobs will be created in Wyong Shire with Tip Top Bakeries’ acquisition of the vacant 25,000sqm site at Charmhaven that was formerly owned by The Kellogg Company. The household bread brand will invest millions in refurbishing the site to extend its existing bakery and distribution network, creating 100 jobs in Wyong Shire in the coming years. Mayor Doug Eaton said it was great news to kick-start the year and welcomed Tip Top to the Shire. “Having a well-known company like Tip Top make the business decision to invest millions of dollars on establishing a new facility here is a big tick of approval for the Shire. “It follows the recent set-up in the Shire of other multi-million dollar facilities by Cordina Chickens and Life Health Foods, and adds to our existing food manufacturing cluster, including major household names like Sanitarium and Mars Foods,” he said. “Wyong Shire is bucking the national trend in attracting jobs growth in this industry and overall jobs growth for the Shire is at 2.6% - much higher than the national jobs growth rate,” he said. “It shows again that Wyong Shire and the Central Coast are in a strategically perfect position for companies to produce and distribute products nationally, and take advantage of export markets where there are now more opportunities, thanks to new free trade agreements. “Our economic development team has worked tirelessly with Tip Top’s parent company George Weston Foods to manage planning issues for the site and facilitate the deal.
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Mayor Eaton said that Council is now in a position to offer incentives to companies where jobs will be created in the Shire. “I recommend that anyone interested in pursuing this speak to our economic development team,” Mayor Eaton said. “We will continue to focus on pursuing new jobs for Wyong Shire under our Economic Development Strategy, and hope to make several other announcements in the near future,” he said. Andrew Cummings, Managing Director of Tip Top Bakeries said they were delighted to be adding to their bakery network at a time when many manufacturers were consolidating and closing sites. “This exciting multi-million dollar investment will ensure we continue to produce and deliver the highest quality product, daily across Australia and are working to fulfill our ambition to become a leading bakery company in Australia and New Zealand,” Mr Cummings said. “We investigated a number of sites in different locations and Wyong Shire came up on top with the best business case for our needs,” he said. “The site will undergo significant refurbishment over the coming year.” Tip Top Bakery has three other NSWbased bakery and distribution operations at Newcastle, Chullora and Ermington and 11 manufacturing plants across Australia. The Charmhaven site has been a food production facility for over 25 years. It was set up as the Healthy Snack People manufacturing muesli bars and similar products for the consumer market. Kellogg’s acquired the company in 2003 closing down their Brisbane processing plant.
Laundy adds to Central Coast hotel portfolio One of Australia’s best known hotel owners, Arthur Laundy has partnered with another liquor industry identity Greg Karedis to pick up Terrigal’s Crowne Plaza Hotel reportedly paying around $60 million for the property and management rights. The Crowne Plaza property was owned by Eureka Funds Management who put it on the market last year after owning it for ten years along with other hotel properties in their portfolio. The Laundy Hotel Group has acquired the Settlers Tavern at West Gosford The Settlers Tavern was owned by the late Phil Bernie who purchased it from well known local publican Bob Bourne about two years ago. The Laundys already own the Long Jetty Hotel, Chittaway Bay Tavern and Bateau Bay Hotel. They subsequently spent $10 million on new facilities and adding their own range of products to the Healthy Snack Foods well known brands. Eventually over a hundred people were employed at the facility. In December 2013 Kellogg announced that they close the plant and mover the entire operation to Vietnam. The Charmhaven facility got caught up in a Kellogg global efficiency and effectiveness programme that saw processing operations around the world reduced and consolidated.
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BUSINESS NEWS
Gosford Council unveils plans for new city library and learning centre GOSFORD COUNCIL HAS unveiled its concept plan for a new, eight-level public library and learning centre in Gosford CBD. Councillors voted last year to move ahead with plans to build a new central library in Mann Street – next door to Council’s Administration Building – after the State Library of NSW reviewed nine possible options. The project proposes accommodation for: • Library and Auditorium across 3 levels, • Smart Work Hub on one level • Space for a university across 2 levels • Seniors’ Centre • Cafe, childrens’ area and Exhibition area on the Ground Floor. “There are still plenty of details to work through, but this current concept truly captures our vision of a having a state of the art community hub right in the heart of the Central Coast’s capital,” Mayor Lawrie McKinna said. The design is a collaborative effort between Council and architects Clare Design and Hill Thalis. Tenders will now be called for the library’s detailed design before a Development Application is lodged. Separately, another Development Application will soon be lodged to demolish the current Council-owned building on the site so that construction of the new library can start as soon as possible after the necessary approvals have been given.
Gosford library concepts plan “After years of delay, it’s great to see real work has started on this new library that the community has been waiting for,” Mayor McKinna added. Along with other available funding, the new city library will be delivered using the $8.1 million raised via a special rate that was introduced over 15 years ago to help provide a new regional library to benefit Gosford City.
Temporary home for Gosford Smart Work Hub Gosford Smart Work Hub will relocate from its present location in Kibbleplex Gosford to the former Masonic Centre 28 William Street, Gosford, now part of the Imperial Centre from May 2016. The relocation follows the sale of the Kibbleplex site to the Lederer Group by Council. The Lederer Group has leased the space to Gosford Council until the new city library is complete
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
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BUSINESS NEWS
Council takes over The Entrance WYONG COUNCIL HAS formally taken over care and control of The Entrance Town Centre Management (TETCM) following a resolution of the TETCM Board this week. The Board voted overwhelmingly to hand over direct management to Council and installed Mr John Millard in an advisory Chairman and liaison role with Council. Mr Millard, who is also the President of The Entrance Chamber of Commerce, said staff and the board are excited by the opportunities the new partnership will bring. “This heralds the dawning of a new era for The Entrance,” Mr Millard said. “The Entrance is yet to reach its potential as the tourism hub of the Central Coast and with Council’s more direct involvement, together with the businesses, this can be realised. “The staff is genuinely excited about the opportunity to become part of a broader organisation that is committed to delivering real outcomes for its community.” Council’s Property Manager, Mr Peter Stokes, said Council already had impressive plans in the pipeline to transform The Entrance and by resuming direct management of the Town Centre will ensure they become a reality. “We have major plans to upgrade the area and want to ensure we get real bang for our buck and the community really benefits from this investment,” Mr Stokes said. “With the staff’s knowledge of the local area and our business and economic clout we can really do a lot to transform this
John Millard important economic hub for the Coast.” Council’s Mayor Doug Eaton OAM said with the merger with Gosford now imminent it was timely to bring TETCM and The Visitor Information Centre under Council management as it will be in a much better position to be a valuable contributor to growing tourism on the Central Coast. “Boosting tourism across the Central Coast will be a major priority for the new Council and this will ensure The Entrance will have a major seat at the table and be a strong contributor to tourism growth,” Mayor Eaton said. “We know how important tourism is as an economic driver and job creator for the Coast and we need to ensure the full potential of The Entrance is realised.” “Mr Millard, with his local knowledge and support of local businesses is the perfect choice to herald in this exciting new era for The Entrance and I look forward to seeing what transpires.
Art House Directors announced Wyong Copuncil has announced the appointment of the board of directors to administer The Art House performing arts centre scheduled to open in April this year. The directors are: • Mr Patrick Wilde, Chairman of the Henry Kendall Group • Ms Jennie Hughes, CEO New York Film Academy • Mr Paul Bolton, Chartered Accountant, Fortunity Group • Councillor Doug Eaton OAM (Chair), Mayor of Wyong Shire Council • Ms Julie Vaughan, Manager Community Partnerships and Planning, Wyong Shire Council • Mr Tim Cornish, Managing Director, North Construction & Building Pty Ltd Wyong Shire Council’s Mayor Doug Eaton OAM said the board of directors bring a diversity of experience, knowledge and valuable connections which will benefit The Art House. “This is a long awaited project for our residents and particularly the creative community here on the Central Coast,” Mayor Eaton said. “When it opens, The Art House will be the newest performing arts centre in Australia and offer a state-of-the-art technical and leading contemporary performance space. “The new board is enthusiastic and committed to the vision of growing the regional creative industry right here in Wyong.” Official opening celebrations will be held from Friday 20 to Saturday 21 May. The opening will be the culmination of a $12.7 million investment by Wyong Shire Council to construct the 500 seat theatre, 130 seat studio space, meeting room, exhibition space and café/bar; incorporating a stateof-the-art fly tower that can accommodate professional touring productions.
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Millennium Group acquires ACS CLEANING AND SECURITY contractor Millennium Group has acquired the business and assets of Erina based ACS Integrated Service Provider. The sale took place in November 2015 and following negotiations with ACS owner Warren Hughes over the previous year. Millennium floated in late October with an initial public offering raising funds for expansion and to purchase the ACS business. Trading commenced on the ASX on 19 November. ACS was founded by Warren Hughes in 1991 with the Kincumber Hotel being his first customer. He quickly gained other customers including Central Coast Leagues Club, Imperial Centre Gosford, Gosford Council and many others. Over almost 25 years Hughes drove the company’s expansion achieving annual turnover of around $35 million and employing 270 people. ACS is a dynamic integrated services business highly experienced in facilities management with head office in Erina and offices in Victoria and Queensland. The ACS business services the construction, public infrastructure and facilities services markets operating across retail shopping
centres, commercial office spaces, licensed venues, hotel resort accommodation and local and State Government projects. Services provided by ACS include: • cleaning, security (guarding, licensed venues, patrols), civil operations, property maintenance and grounds maintenance. The ACS Business operates services in the greater Sydney basin, Central Coast, Hunter region, south coast and mid-north coast of NSW, the Australian Capital Territory as well as a number of sites in Victoria and Queensland. Millennium was established in 2003 and employs in excess of 2,300 personnel. With FY16 pro forma revenue forecast to be $23.2m from the ACS Business total pro forma forecast revenue is $168.2 million. Commenting on the sale to Millennium, Mr Hughes said all ACS staff will be retained along with entitlements. “This is a great opportunity for ACS staff to expand their career paths. He said he was proud of the fact that many of the company’s staff had been with him over a long period of time. “It’s because of the training and experience of our staff that many of our original customers have
Warren Hughes remained with us over almost 25 years,” he said. Mr Hughes will remain with the company for two years in a business development capacity. He will continue with his other business activities. CEO Paul Collins who joined ACS six years ago has been appointed National Security Manager.
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
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BUSINESS BRIEFS
Robertson & Robertson sets up specialist government valuation arm
Geoff Solomon and Greg Jones Property valuers Robertson & Robertson have announced the formation of a new Government Valuation Services group (GVS) within our company. The announcement was made at the Australian Property Institute Public Sector Conference held in Sydney late last year, CEO Geoff Solomon said, “Following on from our long standing relationship with Land and Property NSW and many other
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government entities, at all levels, we felt that the formation of this group was a natural consequence.” “It ensures that all non-Rating and Taxing assignments we undertake receive the direction and focus they deserve in a similar manner to which our Rating and Taxing work is focused in a separate division of our business.” The GVS is now responsible for the following: • Compulsory and Voluntary Acquisitions • Disposal of Property • Rental Determinations and Assessments • Section 94 Plan valuations • Feasibility Studies • Objections • Portfolio Valuations • Financial Reporting • Easement and Specific Interest assessment Mr Solomon said that all members of the group are, with one exception, AAPI, FAPI and CPV. The group members comprise: Gregory Jones (Director), Jan O’Brien, Trevor Brown, Scott King, Ben Doran and Matthew Yee CEO, Geoff Solomon, assists Greg Jones with the group organisation and manages the Objections business. “This group of people are eminently qualified to undertake all government work and look forward to doing so,” said Mr Solomon
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Brian Hilton appoints Group Marketing Manager
John Hofmann Brian Hilton Motor Group has announced the appointment of John Hofmann as Group Marketing Manager. Mr Hofmann will be responsible for branding the Group across all locations and vehicle brands. The family owned motor vehicle dealership now headed by Josh Hilton sells Toyota, Kia, Renault, Honda and SsangYong brands. Their other businesses include Recreational Car Accessories, Performax International Central Coast as well as Sydney Motor Group selling Renault and Nissan as well as a used car supermarket. Prior to joining the Brian Hilton Motor Group Mr Hofmann was After-sales Development Coordinator for Jaguar Land Rover Australia and before that Dealer Marketing Consultant for Harley-Davidson Motor Company.
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T (02) 4350 3333 | F (02) 4351 2407 www.aubreybrown.com.au CENTRAL COAST BUSINESS REVIEW MARCH 2016
Creating Lifelong Relationships
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BUSINESS BRIEFS
Kahveh Café at Avoca Beach New owner for Avoca Beach cafe Kahveh Café at Avoca Beach has been sold. Owned and operated by Jessy Mathers for the past two and a half years kahveh ( coffee in Turkish ) is one of the largest Danes Coffee café sellers on the Central Coast. The buyer, Peter Papoutsis, has a family background in the food and hospitality industry and will retain all staff and run the business the same way Mrs Mathers has. Mrs Mathers and her family have moved to the mid north coast. Graham McMullen from Argyle Estates Business Brokers who negotiated the sale commented that the enquiry was extremely strong for this business. The business was offered by way of expressions of interest and was certainly exceeded everyone’s expectations.
Insurance brokers established Rachael Tebbutt and Peta Furlong have established a boutique insurance broking business, Tebbutt Furlong Broking House focussing on tailored insurance and dedicated service. Ms Tebbutt has over 20 years insurance broking experience having started her career with Claydon Insurance Brokers and over the years has worked with other insurance brokers on the Central Coast. The company is part of the Steadfast Group with Ms Tebbutt being a shareholder member of the Group. Mr Furlong has many years experience in the insurance industry both in Sydney and on the Central Coast. Tebbutt Furlong Broking House are based in the Platinum Building Erina.
Women on Boards opens Gosford shopfront Women on Boards, an independent social enterprise with the aim of helping women get selected for board positions across the private, public and not-for-profit sector has leased shopfront premises in Donnison Street, Gosford. Founded by Central Coast rwesident Clare Braund Women on Boards has 22,000 members in its network. Operating since 2006 WOB was initially based at the Business Incubator at Central Coast Campus and subsequently moved into offices in Gosford in 2014. WOB launched in the UK in 2012 and has a growing membership throughout the UK. Executive Officer Clare Braund said that basing the organisation at Gosford had made good business sense. “We work right around Australia, Gosford is convenient to the airport and has all the communications infrastructure we need.” The organisation employs six staff in Australia and six in the UK. WOB is sponsored by major corporations including Woodside, BOC, Commonwealth Bank, nab, Sparke Helmore Lawyers, Qantas and many others.
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
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PROPERT Y
COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE
WEST GOSFORD INDUSTRIAL UNIT FOR LEASE TUGGERAH INVESTMENT – QUALITY TENANT
3 x 3 year lease with directors guarantees and a quality factory, office and warehouse complex with (freehold) Torrens Title and a net annual rental of $180,000 plus all outgoings and GST. Commencing yield is approx 8.37% FOR SALE $2.15M NO GST
NORTH WYONG - LARGE INDUSTRIAL & COMMERCIAL FACILITY
2 industrial buildings - warehouse approx 2,475sqm with 2 storey office of approx 1,300m2 & 2nd high clearance warehouse approx 815m2. Also offers other minor buildings, wash-down bays, CCTV system, security lighting, automated gates & yard area. Flexible IN1 Zoning . EOI Close 25/02/16
WEST GOSFORD - SELLING FAST!
12 high quality architecturally designed industrial units left in this complex of 16. 20m2 high clearance full tilt panel construction. Electric gated security. Automated commercial roller door. Construction commenced. Prices from $259,000 + GST
NORTH WYONG INVESTMENT
2.26ha site with 95m frontage to Pacific Hwy. Currently returning $185,000 + GST pa with multiple tenancies , it has a mixture of large industrial & manufacturing sheds, large secure yard compound & a residential cottage. Zoned B6.. FOR SALE $2.7m + GST if applicable
ERINA - HIGHWAY EXPSOURE
Excellent exposure to the Central Coast Hwy via shop front & pole signage. Great regular shaped Strata position of 115m2 with 3 on site car parking space. FOR SALE $460,000 + GST / FOR LEASE $3,000 pm + outgoings + GST
SOMERSBY – IMMACULATE WAREHOUSE, SHOWROOM & OFFICE
Very neat & tidy warehouse 224m2. The high clearance area is 144m2, carpeted & a/c mezzanine office 40m2 , showroom 40m2 has sliding door access to the a/c warehouse. FOR LEASE $25,000pa net + GST
Brick construction, total area 255M2 including small ground floor office, male and female amenities and heaps of 3 phase power available. For Lease $25,500.00 Gross + GST
HIGH CLEARANCE WORKSHOP/WAREHOUSE AT SOMERSBY Brand new concrete construction, total area 964M2 includes 127M2 air conditioned office and 90M2 mezzanine storage area, high and wide roller shutter with awning, 3 minutes from M1 Motorway, Zoned IN1 General Industrial.
SOMERSBY INDUSTRIAL LAND
JUST REDUCED
1 minute from the M1 Motorway, total area 7882M2 made up of two lots both 3941M2 in size, received DA approval in 2004 now lapsed.
FIRST FLOOR OFFICE SPACE AT WEST GOSFORD FOR LEASE 277M2 approximately, open plan with separate foyer/entry and on-site parking. The tenancy is carpeted throughout with reverse cycle ducted air conditioning and plenty of natural light.
CARNARVON RD IND UNITS
FOR LEASE
Pristine wall and floor finishes (almost food grade) in these recently refurbished premises; Unit 4 approx 133M² incl small reception office $18,550pa Gross + GST & Unit 5 approx 147M² $20,600pa Gross + GST.
SOMERSBY MEADOWS
FROM $640,000
6 Lot Rural sub-division; 2Ha to 4.1Ha; Private sealed road access; Building entitlement; Building & usage covenants; North & East aspects; Settlement June 2016. Prices shown with * are inclusive of GST.
SOMERSBY LAND ZONED B5 BUSINESS DEVELOPMENT
• Outdoor & Building Signs • Vehicle Graphics & Magnets • Indoor & Exhibition Signs
Bann ers
• Full Colour Digital Printing
NORTH WYONG
• Lasercut Letters
110m2 Industrial unit with excellent vehicle access. High clearance tilt panel construction. This is the best value industrial for sale in this area. FOR SALE $220,000 + GST
All prices shown GST incl. unless otherwise indicated
LJ HOOKER COMMERCIAL – CENTRAL COAST
21/1 Reliance Dr, Tuggerah • Ph: 4353 7700 ljhcommercial.com.au
CENTRAL COAST BUSINESS REVIEW MARCH 2016
WEST GOSFORD
LEASE
High clearance industrial factory for lease featuring approximately 1,400 sqm of high clearance warehouse space with multiple internal offices. The yard features a large bitumen turning & parking area, compacted substrate & concrete hardstand area makes up the balance of the property.
Suite 5, 206 The Entrance Road, Erina www.rhc.com.au/erina
• A-Frames, Banners & Flags
KILLARNEY VALE
VISIT OUR WEBSITE FOR ADDITIONAL PROPERTIES and MORE INFORMATION – www.ljhooker.com.au
SALE
Situated opposite the prominent Tuggerah Lakes water ways enjoyed by locals & tourists combined is this long established food retail operation. NEW Five (5) year NET lease in place commencing August 2015 with five (5) year x five (5) year lease options in place to 2030. High quality modern improvements with water views, indoor & outdoor dining, plus allocated basement parking spaces.
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All services are available including gas & all Council contributions have been paid. Allows bulky goods, warehouse/ distribution centres, light industries, retail shops, child care centres all STCA. Lot sizes from 2000m2 - 3148m2 Prices from $220,000 + GST
One of the best buildings in Tuggerah Business Park, 1st time offered for lease. Total lettable area of approx 2800m2. Building consists of generous offices, lunch room & admin area, clearspan warehouse perfect for storage & distribution. 3 roller shutter entry points FOR LEASE $80/m2 + outgoings + GST.
THE ENTRANCE
Ground floor retail space approx 161sqm. Airconditioned and wired for phones and cat5 cabling. Ample parking & DA approved for a restaurant. Surrounded by quality businesses such as Domino’s, yellow brick road, weight watchers and Harvey Norman.
Concrete panel construction with roller door, PA door, toilet & shower . 24 / 7 access. Small mezzanine area approx 25m2 with small kitchenette & insulated office. Separately metered for water & power & has phone access. FOR SALE $150,000 + GST
TUGGERAH – TOP NOTCH PROPERTY FOR LEASE
Currently under construction are ten (10) strata titled units ranging from 110 sqm to 1,100 sqm. Construction includes concrete slab floor, concrete panel sides, roller door with high clearance, single security entry door, electricity, lighting, plumbing for water & sewerage. The driveways are designed with 200mm thick concrete and double reo to cater for heavy vehicles.
ERINA LEASE
WEST GOSFORD – MINI STORAGE WAREHOUSE
Small office space within a very popular building with parking on site. Positioned next to Coles, this suite is surrounded by very stable tenants. FOR LEASE $250 net per week + GST
SOMERSBY SALE
• Boat & Trailer Graphics le Vehic
ps Wra
• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers • Safety & Real Estate Signs
3D Signs
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CALL FOR A
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Unit 16/10 Pioneer Ave, Tuggerah Business Park
ERINA OFFICE SUITE FOR LEASE Located in the Highpoint Building – last suite available Air conditioned and secure building Approx 56m2 office space available – suitable for a small business Great location – and close to Erina Fair Shopping Centre FOR LEASE $28000 PA inc GST – includes one secure parking space Contact - Marie Lowe on 4363 6900
PROPERT Y REPORTS
Investor buys Wyoming industrial property
Charmhaven investment unit sold An investor has paid $190,000 (GST not applicable) for Unit 8 at 14 Arizona Road, Charmhaven. The property was sold with a 4 x 4 lease in place to a continuing tenant. Bernie Nash from L J Hooker Commercial Central Coast negotiated the lease. A local investor has paid $1.1 million (GST not applicable) for an investment property at 17 Cary Street, Wyoming. The property on 3,038 sqm is zoned SALES Sydney owner occupier acquires Wyoming site A Sydney buyer has bought a 727 sqm yard with 200 sqm site office at 436 Pacific Highway, Wyoming for $665.000 The property has been used for car sales in the past. Rob Wilcox from Chapman & Frazer Real Estate negotiated the sale.
ERINA SHOWROOM / OFFICES – FOR LEASE MODERN RETAIL / COMMERCIAL CENTRE – CENTRAL COAST HIGHWAY • 137 sqm Quality fully renovated ground floor space. New carpet, paint and kitchen amenities. $38,000 P/A + GST • 81 sqm Quality ground floor space – Expansive glass frontage only $25,000 P/A + GST • 121sqm First floor space new carpet & paint $31,000.00 P/A + GST.
industrial and comprises a 220 xqm house set up as medical rooms. Rob Wilcox form Chapman & Frazer Real Estate negotiated the lease. Owner occupier buys West Gosford industrial unit An owner occupier has paid $350,000 plus GST for Unit 3, 4 Enterprise Drive, West Gosford. The 215 sqm factory/warehouse unit with 43sqm mezzanine with 4 car spaces is part of a 4-unit complex built in 2003. Craig McMullen from Citicoast Realty negotiated the sale. Last vacant lot in North Gosford Industrial Area sells The last vacant lot in the North Gosford Industrial Area has sold for $260,000 plus GST. The buyer intends o develop the 968sqm lot for their own use at a future time. Craig McMullen from Citicoast Realty negotiated the sale.
North Wyong investment for SMSF Unit 3 in 3 Lucca Road, North Wyong, a small secure gated complex has sold to a SMSF for $177,000 (GST not applicable). The 130 aqm unit with 42 sqm mezzanine comprises 2 ground level offices and 2 mezzanine offices. Bernie Nash from LJ Hooker Commercial Central Coast negotiated the sale. LEASINGS Erina showroom leased Nutrition Warehouse Pty Ltd leased Unit 3, a 274 sqm showroom warehouse at 241 The Entrance Road, Erina. Terms of lease are 3 years with 3 year option at a rental of $51,000 per sqm per annum plus Outgoings and GST. Nutrition Warehouse is part of a chain of stores across Australia. David Tawyer from Citicoast Realty negotiated the lease.
GOSFORD CBD OFFICE Take your pick: All well located buildings lift access, ducted a/c, some water views & onsite parking available: • 40 Mann Street, 110 sqm to 408 sqm from $255 per square metre nett + GST • 15 Watt Street, 163 sqm to 231 sqm inter connectable - $245 per square metre nett + GST • 125 Erina Street, 127.5 sqm partitioned medical space - $282.35 nett + GST (ground floor-lift n/a)
CITIGATE BUSINESS CENTRE NORTH GOSFORD – FOR LEASE Top exposure to Pacific Highway, ground floor showroom space of 109sqm to 218 sqm. Be amongst other existing quality businesses. Competitive rental structure and 50% rent reduction off first years rental for quality tenant (minimum 3 to 5 years initial term). Citicoast Realty 87 Mann Street, Gosford NSW 2250 Tel: 02 4324 1322 Email: Citicoast@citicoastrealty.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 CENTRAL COAST BUSINESS REVIEW MARCH 2016
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PROPERT Y REPORTS
Lederer’s $650 million vote of confidence in Gosford and promote walkability. Marek Ristwej, General Manager – Property at Lederer Property said the vision for Gosford Alive represents the start of an exciting new era for Gosford. “With Gosford Alive we’re proud to contribute to the NSW’s Government’s vision to establish Gosford as the capital of the Central Coast. “Gosford Alive is a game changer for the city, which will transform the CBD into a welcoming vibrant place that will attract residents and make the community proud.” “Lederer Property has a long-term relationship with the region, through its ownership of the Imperial Centre. As urban renewal specialists, we have long since identified the huge potential for Gosford to evolve into a thriving, characterful coastal city and we are deeply committed to working with Gosford City Council and the community to deliver this transformational vision at such an exciting time for Gosford.” The first stage of the project involving the redevelopment of the Kibbleplex site will be realised over the next five years and includes approximately 730 residential apartments with a proposed average
CONTINUED FROM PAGE 20
Lederer Property’s Master Plan for the Kibbleplex site in Gosford. The first stage will be development of the two buildings to the rear of the image building height of 23 storeys. It is expected that the DA for the Master Plan for Stage 1
will be lodged with the Central Coast Joint Regional Planning Panel next month.
GOSFORD ALIVE – Facts Proposed site breakdown Site A – Imperial Shopping Centre • The second stage of the project, developed over a 15-20 year horizon Includes approximately 730 apartments above the shopping centre with a proposed average building height of 20 storeys (RL 77.70) Site B – Site of Kibbleplex Centre • The first stage of the project, realised over the next five years • Includes approximately 730 residential apartments with a proposed average building height of 23 storeys (RL 83.81) Site C – Kibble Park • The proposed Master Plan includes a facelift for Kibble Park positioning it as the green heart of the city • Once complete the park will feature new water features, a multi-purpose performance space, enhanced children’s’ playground, substantial tree planting and a market venue, certain to become a popular family destination and focal point for the new precinct’s buzzing social scene. Estimated timings • The Gosford Alive development has an approximate timeline of 20 years CENTRAL COAST BUSINESS REVIEW MARCH 2016
Imperial Centre link approach • The development will be built in five year intervals • S tage 1 DA lodged in the first quarter of 2016 Proposed sustainability initiatives •A four month investigation has been undertaken to understand the environment of the site including traffic, pedestrian and public transport connectivity, landscape and streetscape character, building form, massing and height, overshadowing, solar access and view impact, housing affordability and choice.
• The findings will inform the development plan and generate outcomes that will deliver sustained growth over the 20-year build • Each stage of the development will be assessed against relevant state and local environmental planning instruments • Lederer Property is committed to reflecting and celebrating local culture and the natural surrounds of Gosford throughout the proposed precinct. This will include the protection and enhancement of existing trees and other natural features in Kibble Park.
BUSINESS TIPS
Plan for Success
By David Evers, Director, Robson Partners AS WITH MOST life goals, a financial objective is hard to meet without a plan. On the other hand, discussing the process with a professional, putting pen to paper and envisioning the steps to longterm success brings that goal into focus and makes it a reality. I have found while consulting with many clients over the past 20 years that once plans are actually written down, dreams are given a direction, whether they are for short-term saving or long-term wealth. The plan helps you to figure out where things are going wrong or could go wrong and keeps you motivated by proving it’s possible. The process of making a financial plan identifies steps that must be taken and turns a “hoped-for” result into a viable goal.
I have found in turbulent economic times (as we are experiencing now), that a written plan allows you to keep your eyes on the long-term prize, rather than making panicked decisions. With the help from your financial adviser, it also gives you the chance to make far more accurate finetuned decisions and to ensure everything stays on track towards the agreed goal. The long-term nature of a financial plan can help ease any short-term concerns, as it allows time for the market to smooth out the bumps and dips along the way, while providing the opportunity for growth. The first and most obvious step is to determine your priorities. When it comes to retirement this means figuring out what type of lifestyle you’re hoping to have. Are you looking to travel the world regularly and stay in five-star hotels or is it a shack down the coast and a few afternoons of fishing a week, your idea of retirement heaven? Armed with this information, your adviser will be able to crunch the numbers to determine what your final dollar amount needs to be. A good adviser will show you numerous ways to make your long-term hopes a reality. Including the utilisation of: • Tax effective financial vehicles
• Effective budgeting • Protection of your financial future with insurance • Constant fine-tuning as regulations change and new opportunities present themselves A thorough plan will have smaller milestones along the way that serve to break up the major plan and act as checkpoints to ensure you’re still on track. Such a strategy is known in some circles as a SMART plan. A SMART plan sticks to these principles: S – Specific & Simple M – Measurable & Meaningful A – Actionable & Attainable R – Realistic & Relevant T – Timely & Timetabled Perhaps a final ‘R’ should be added to the plan to represent: R – Review & Reassess Once the plan is in place, it must stay current. I review and fine tune plans with my clients at least once every 12 months as the markets rise and fall, new products become available, governments introduce new legislation, regulations are altered and changes to tax laws offer new strategies and opportunities. If you’re confident about your future, you’re more likely to enjoy the present.
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By Warwick Ryan, Partner, SWAAB Attorneys
ck Ryan .com.au Sometimes, before even sitting down with an employee and issuing a warning or a
s termination, you have to engage in a little num Building, bit of CSI. Before you can ask an employee RINA NSW 2250
why he/she "did it", you need to find out "who dunnit" or even whether anything occurred at all. That can require carrying out an investigation. Sometimes these investigations are not straightforward, and require interviewing a number of staff and the preparation of a report identifying what happened, who was responsible and why the investigator holds that view. Usually, businesses will look to outside for assistance for such an investigation.
So the key question then is: Can the employee who is being disciplined demand to see the investigation report? The short answer is, 'Not necessarily', if it is done properly. One of the privileges of being a lawyer is that the advice we provide to our clients is… well … "privileged". That is, the "other side" (or indeed anyone else) is/are not entitled to see it. So if an employer commissions a report or carries out an investigation using internal staff to produce a report into the behaviour, the investigated employee will generally be entitled to see that report. If, however, an employer's lawyers commission such a report so that the lawyer can provide advice to the employer, then the employer (and the lawyers) are generally protected from having to produce it. This is a particularly beneficial situation where people who are providing statements to the investigator do not necessarily want their names to be provided to the person under suspicion – i.e. for fear of being bullied or victimised. It is generally much easier to garner cooperation from staff if their statements are not necessarily going to be made 'public'.
It is not always appropriate that reports be withheld from employees being disciplined. This needs to be decided on a case by case basis. Importantly, claiming privilege (secrecy) will not save an employer before the FWC in answer to an unfair dismissal application where the employer chose to rely on a poor report commissioned by its lawyers. Ultimately, the FWC will independently investigate the facts underpinning the dismissal as part of any hearing. So whilst protecting the investigation report from being divulged to the terminated employee can create an atmosphere where staff (witnesses) feel more comfortable participating in the investigation, that does not mean they will be believed by the FWC. In the end, solid evidence remains critical in every investigation. Or, as Gil Grissom from CSI says: 'I don't trust people, they tend to lie. Evidence never lies.' Ultimately, it makes sense to consult lawyers before proceeding with an investigation where a staff member's employment may be terminated. CENTRAL COAST BUSINESS REVIEW MARCH 2016
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BUSINESS TIPS
Are We Facing Another Global Economic Meltdown?
By Nathan Corrigan, Account Manager, Insurance House Central Coast WITH THE POLITICAL merry-go-round in the top job in Canberra for the past 5 years now seemingly a thing of the past, most Australian’s (and in particular those in the business community) look forward to a period of stability, coupled with sound fiscal policy making and economic prosperity under a Turnbull coalition government. However, many leading experts both locally and abroad, along with key economic indicators, suggest we may be on a heading towards another meltdown. ‘The world is facing an avalanche of catastrophic bankruptcies and defaults’ – William White, Chairman of the Organisation for Economic Co-Operation and Development (OECD) 22 Jan 2016. What are we seeing, both locally and abroad?
• Stock market volatility continues to see shares tumble • Commodity prices plummeting (oil/iron ore) • Australian Dollar ($AUD) moving lower • Growth is slowing • Continued uncertainty over China’s economy, with growth slowing to 6.5% • US Fed Reserve starting to increase interest rates. Coupled with the fact global and public debt has hit all time highs, and are 35% higher than prior to the GFC, has meant we are potentially facing another economic crisis. One thing we can be certain of is an increase in company insolvencies, which will only worsen if the RBA increases the cash rate, with banks quickly passing on another interest rates increase. Good corporate governance necessitates asking the following questions of your business: • How well do you know the financial stability of your customers or how much debt they carry? • When was the last time you assessed the credit worthiness of your major customers? • Do you want to grow your business with confidence without the worry of a bad debt?
• Do you want to protect your profits and shareholder interest? • If one of your major customers failed to pay, what effect will it have on your business and your personal financial situation? Many businesses often only reflect on this ‘after the fact’ (i.e. when a customer defaults on payment), when taking a proactive and pragmatic approach to your customers and credit risk is the best way to galvanise your business against the affects of a bad debt. Not only does Trade Credit Insurance protect against insolvency and non-payment of one of your customers (returning up to 90% of any loss you suffer), it also provides the added benefit of assessing the financial stability of your client base (both new and existing). Coupled with built-in Commercial Collections where the costs are absorbed by the insurer, and premium rates at historical lows, now is the perfect time to explore securing your buyer risk through credit insurance. Insurance House Group and Prasidium Trade Credit are offering clients free credit assessments of your top 10 customers, with every credit insurance review. Contact Nathan Corrigan at Insurance House Central Coast on 1300 305 834, he can assist in helping you to find out more on how credit insurance can benefit your business.
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CENTRAL COAST BUSINESS REVIEW MARCH 2016
C O N F E R E N C E & S E M I N A R V E N U E S 2 016 F E AT U R E
Choosing the Central Coast for your next event THE CENTRAL COAST offers a wide choice of conference and seminar venues, services and facilities that rivals those in the city or elsewhere. Whatever your needs, the Central Coast with its convenient location, relaxed atmosphere and quality, professional facilities, venue choices and range of activities has the perfect offering to meet every taste – from small seminar groups to larger conferences, product launch or sales conference. How to Choose a Meeting Venue There are many conference and meeting venues on the Central Coast and Central Coast Business Review recommends the venues on these pages. When choosing a venue for your next meeting or conference there is more to consider than just the budget. Taking into account who is attending, from how far and how many are also vital considerations. When researching potential venues, pay particular attention to the service you receive as this will be indicative of the service your delegates will receive which will contribute greatly to the success of your event. Here are some questions to ask about any potential venue. Suitability • Does the venue fit the company’s corporate image? • Does it give the correct impression for this particular meeting? • Will it appeal to the target audience? • Will the venue staff add to the attendees’ experience in a positive way? Location • Is the venue easily accessible to those attending? • Is the location quiet and close to accommodation if required? • Is the venue location suitable for any extra events, shows or excursions that have been planned?
Availability • Is the venue available on the dates required? • Are any extras such as equipment, accommodation, etc. available on the dates required? • Hoe flexible are they if you have to change the meeting date? • Size • Is the seating capacity suitable? • Are the meeting rooms large enough to provide a comfortable experience for those attending? • Are the meeting rooms well laid out? Do they allow for good views of the speaker without any obstructions? • Does the venue allow attendees to move around without bottlenecks and delays?
Explore the magic of your own backyard Hidden on 100 pristine acres in the Central Coast Hinterland, Noonaweena is not just another conference venue. This award-winning boutique retreat is an experience. Four luxurious, eco-friendly dwellings are nestled amidst nature and host five-star facilities, including pools, spas, and tennis court. Everything you need is on hand for your conference, business retreat or product launch, and at the end of the day drink in the sunset from that magnificent view! Treat yourself to a massage at Nourished, our organic day spa, or explore the bushland on one of the many walking trails. Ignite inspiration, discover Noonaweena. 1442 George Downes Drive Kulnura NSW 2250 T 02 4376 1290 E manager@noonaweena.com.au W noonaweena.com.au
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C O N F E R E N C E & S E M I N A R V E N U E S 2 016 F E AT U R E
Following a $2 million refurbishment, embark on the next chapter at Kirkton Park. Be the first and be rewarded...
Experience the Hunter Valley from new heights!
Book your 2016 event NOW and every delegate receives a scenic helicopter flight over the spectacular Hunter Valley*
Intimate Boutique Events to Exclusive Use Privacy
Contact our Events team today: H8797-SB4@accor.com or (02) 4998 7680 334 Oakley Creek Road, Pokolbin, NSW 2020 www.sebel@huntervalley.com.au *Minimum spend applies
• 2 large private conference rooms with an abundance of natural lighting • Breakout areas available. • 60 twin share or single accommodation rooms • 3 levels of off road parking space • Direct access to hotel and bistro • Complete conference catering available • Standard AV equipment included in conference rate • Wireless internet DISCOUNT • Cater for conferences from 4 - 160 people. WHEN YOU Day rate includes: MENTION THIS AD • Arrival tea & Coffee• Morning tea• Lunch• Afternoon tea• Full day room hire
10%
02 4397 1300 200 Main Road, Toukley functions@thebeachie.com.au www.thebeachie.com.au
Gosford RSL Conferences Gosford RSL Club has five function rooms, boasting flexible layouts to host a multitude of events and conferences, from small executive sessions to extravagant gala dinners seating up to 200 people in the Coral Room. The events team are experienced in offering friendly and professional service and our chefs bring innovation, style and a culinary flair, with options from healthy and nutritious breakfasts and light lunches, to canapés, buffets and formal sit down dinners. Gosford RSL also owns and operates The 4 star Galaxy Motel with 50 suites, adjacent to the Club and The 3 star Ashwood Motel with 47 rooms located over the road. Combine our accommodation with our events facilities and your event is sure to be a huge success.
Contact The Function Team on functions@grsl.com.au or 02 4323 2311
www.grsl.com.au
Book your 2016 Meeting at Pullman Magenta Shores Resort The meeting by Pullman is more than an offering, it's an entire concept. Pullman Magenta Shores Resort provides you with high-level technologies, equipment and flawless service. That's how great ideas will enable you to stay one step ahead of the game.
Residential Special From$239*pp All Inclusive
1 Magenta Drive, Magenta NSW 2261 T (02)4352 8106 E H8791-SB@accor.com www.pullmanmagentashores.com.au Terms and Conditions: Valid for new residential conference bookings held from: 1 Apr - 31 Aug 2016. Sun - Thurs. Subject to availability. Including: Overnight Accommodation in a 3 Bedroom Villa, Breakfast, Day Delegate Package and 2 Course Dinner per person, per day.
Award Winning Caterers Fresh high quality catering & exceptional service.
Gourmet sandwiches & wraps for your boardroom meeting, a BBQ or buffet for a team building day or contemporary canapes for a large corporate gathering. Gold Licensed.
Call us on 4340 0666 or email info@dvinegroup.com.au A sk about ou r D’ B a r S e r v i ce
CENTRAL COAST BUSINESS REVIEW MARCH 2016
www.dvinegroup.com.au
C O N F E R E N C E & S E M I N A R V E N U E S 2 016 F E AT U R E
Facilities • Does the venue have a variety of rooms if required? An auditorium if necessary? Small rooms for break out meetings? • Can the venue provide a projector, electronic whiteboard and stationery. • Do they offer photocopying or fax services • Does the venue offer wi-fi internet access. Can they provide laptops or PC’s if required? • Are the rooms well ventilated and temperature controlled? • Does the venue have enough parking spaces? • Will disabled delegates be catered for? • Can they provide refreshments, tea/coffee, meals? • Are special meals provided for delegates with specific dietary requirements? • Is there a restaurant or bar for post-meeting networking and entertainment? • Can the venue also provide accommodation if required?
Cost • Does the venue fall within the budget for the meeting? • What is included in the price? • Does the overall cost compare favourably with other offers or venues? • Can they offer any discounts? • Can the price be negotiated? • Are there hidden costs? • When is payment required? • Is a deposit required and if so how much and how far in advance? • What is their cancellation policy? Will you receive a full or partial refund?
At the end of the day you want to get the most out of your meeting and the venue you choose has to add rather than detract from the experience of those attending. So take the time to choose carefully
“We’re making the Patonga Hotel the Central Coast’s best place for your next business meeting - visit us soon!” Andrew Smith, Owner Nestled amongst giant Norfolk Pines, directly opposite the wharf, Patonga Beach Hotel is without doubt the most sublime place to while away an afternoon with exquisite fresh food, fine wine and ales. An easy 30 minute scenic drive from Gosford places you at the Central Coasts most talked about destination venue.
Ph. 02 4379 1111
www.patongahotel.com
info@patongahotel.com
CENTRAL COAST BUSINESS REVIEW MARCH 2016
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FUNNY BUSINESS
AN ACCOUNTANCY STUDENT asks a partner to explain ethics in accountancy. The partner thinks for a moment and relates the following. ‘Mr Jones, one of our clients, came to see me last week and paid me his bill of £1,000 in cash. As he left I counted the notes and they came to £1,100. The student said. ‘ I see. The ethics question is do I tell the client?’ ‘Wrong answer!’ The question is do I tell my partner’ You see a gorgeous girl at a party. You go up to her and say, “I am very rich. Marry me!” That’s Direct Marketing. You’re at a party with a bunch of friends and see a gorgeous girl. One of your friends goes up to her and pointing at you and says, “He’s very rich. Marry him.” That’s Advertising. You see a gorgeous girl at a party. You go up to her and get her telephone number. The next day you call and say, “Hi, I’m very rich. Marry me.” That’s Telemarketing. You’re at a party and see a gorgeous girl. You get up and straighten your tie; you walk up to her and pour her a drink. You open the door for her; pick up her bag after she drops it, offer her a ride, and then say, “By the way, I’m very rich. Will you marry me?” That’s Public Relations. You’re at a party and see a gorgeous girl. She walks up to you and says, “You are very rich.” That’s Brand Recognition. You see a gorgeous girl at a party. You go up to her and say, “I’m rich. Marry me”
She gives you a nice hard slap on your face. That’s Customer Feedback!!!! A police officer, having patiently waited all this time, now started up his patrol car, put on the flashing lights, promptly pulled the man over and carried out a breathalyzer test. To his amazement, the breathalyzer indicated no evidence of the man having consumed alcohol at all! Dumbfounded, the officer said, “I’ll have to ask you to accompany me to the Police Station. This breathalyzer equipment must be broken.” “I doubt it,” said the man, “Tonight, I’m the designated decoy.”
The bank robbers tied and gagged the employees in one room and the Manager in his office. On their way out they noticed the Manager was making desperate noises to catch their attention. Moved by curiosity, one of the burglars loosened the gag and heard the man’s plead: “Please take the books, too - I’m $5000 short!”
Quote of the month Your business is nothing more than a distinct reflection of who you are.
Michael Gerber – The E-Myth
Brian Hilton Renault
What drives you?
BRIAN HILTON
BRIAN HILTON RENAULT 600 Pacific Highway, North Gosford / ph: (02) 4328 2888 brianhiltonrenault.com.au Houma Holdings Pty Ltd MD8057, MVRL13351, RTA ARC AU01773. YPA1389
CENTRAL COAST BUSINESS REVIEW MARCH 2016
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TAKES CORNERS. STEALS HEARTS.
Worthington BMW
Sales Finance Service Parts
THE NEW BMW 318i SEDAN HAS ARRIVED AT WORTHINGTON BMW.
The new BMW 3 Series Sedan is still the very definition of the premium sports sedan – but this Ultimate Driving Machine doesn’t just take corners, it steals hearts. Surround yourself in luxuriously modern interiors, experience the performance of the latest generation BMW TwinPower Turbo engines and savour every exhilarating curve and heart-racing hairpin. With extraordinary fuel efficiency of 5.4l/100km~ and a wealth of luxurious features as standard – including BMW Sport Line package, 18" Alloy Wheels, LED Headlights, Head-Up Display and BMW ConnectedDrive^ innovations – this icon provides exceptional value. The new BMW 318i Sedan has arrived. Visit Worthington BMW for a test-drive today.
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~Fuel consumption based upon Combined Driving Test Cycle from ADR 81/02 for automatic transmission. *Drive Away Price for the new BMW 318i Sedan with automatic transmission, metallic paint and no optional extras. Price is based on the vehicle being garaged in Gosford and a private owner with a good driving record. Price may vary according to individual circumstances. Standard production lead times apply. Cannot be combined with any other offer. Excludes fleet, government and rental buyers. ^BMW ConnectedDrive Terms and Conditions apply. Please refer to www.bmw.com.au/ConnectedDrive or contact Worthington BMW for further details. †BMW Service Inclusive Basic offer is valid for the new BMW 3 Series, and is based on the vehicle’s condition based service monitoring for 5 years from the date of first registration or up to 80,000kms, whichever occurs first. Normal wear and tear items and other exclusions apply. Scheduled servicing must be conducted by an authorised BMW dealer.