CCBR May 2016

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Print Post Approved – PP100001854

Vol 26 May 2016 Published monthly (except January)

business review

PAUL MACKIE – THE RISE & RISE OF BAKEHOUSE CAFÉ

Gosford Classic Car Museum opens ECommerce creates new wave of entrepreneurs Construction starts on $17m Aurrum aged care facility

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CON T EN TS

Read ersh ip

20,00 0 Cover story 4 Paul Mackie – The rise and rise of Bakehouse Café

Business news 7 Gosford Classic Car Museum opens 8 eCommerce creates new wave of entrepreneurs 9 Construction starts on $17 million aged care development 10 Herbie’s Spices to centralise business at Charmhaven 10 Councils to continue Central Coast Tourism funding 11 Nominations open for 2016 Hunter Manufacturing Awards Quantum Strategies eyes Gosford opportunities 12 Gosford Tennis Centre to be world class tennis facility 12 Community bankers conference at Terrigal 13 Central Coast a good move for Bacsoon Customising 14 New appointment at Shaw Gidley 14 Gosford Furniture Removals appoints General Manager

Contact

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14 Forries Take Away sold 15 Local business proves age is no barrier to success 16 Central Coast Economic Indicators released 18 Apprentice opportunities at Archer Enterprises 18 Compensation for the cost of projected Sea Level Rise – Who will pay?

19 State Government seeks buyers for Gosford school site 24 Legal costs – Who pays?

24 Simple steps to avoiding the financial traps

Regular features 6

Edgar Adams’ Editorial

Time for business community to have some input on new council

14 Business Briefs 19 Property news 20 Commercial and Industrial Property for Sale / Lease 23 Residential Prestige Property Report 24 Business Tips 26 Funny business 27 BUSINESS SERVICES DIRECTORY

Front Cover: Paul Mackie – Photo by: Essence Images

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.

Phone 02 4367 0733 Fax 02 4367 0744 Email info@ccbusinessreview.com.au Web www.ccbusinessreview.com.au

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COV ER S TORY

Paul Mackie – The rise and rise of Bakehouse Café PAUL MACKIE HAS come a long way since completing his bakery and pastry chef apprenticeship in Sydney in 1990.

The founder of Bakehouse Café, Mackie and his wife Kate now own and manage seven café/bakeries, including the most recent addition, The Artisan Bakehouse Café in Erina, where they have installed a state-of-the-art 24/7 production kitchen to service all seven stores, replacing the three separate kitchens they operated before.

Mackie is a self-made success story. Flying under the radar until more recently coming into the spotlight when featured as a guest speaker alongside Julie Goodwin at the Toast the Coast Festival, Mackie’s business story is quite remarkable. Together he and Kate have thrived through the toughest economic times, successfully ridden on the wake of giants like Baker’s Delight and Michel’s Patisserie, and picked up the pieces when others have fallen by the wayside.

Mackie completed his apprenticeship at one of Australia’s best and busiest bakeries in Sydney. Working as much overtime as possible, he developed a strong work ethic from a young age as well as a genuine passion for his craft. Mackie purchased his first business in 1990 at the age of just 23. It was an existing bakery in Bay Village, Bateau Bay that had been owned by two previous owners who had both failed to make it work. Mackie ran the bakery for 2.5 years, turning it around in that time. He worked twelve plus hours a day, seven days a week, something the previous owners had refused to do (a seemingly common story

CENTRAL COAST BUSINESS REVIEW MAY 2016

By Phaedra Pym

among bakers, hence the reason so many go under, according to Mackie). At the 2.5-year mark, Baker’s Delight entered the market. As Mackie’s lease gave him exclusive rights at Bay Village, he managed to strike a deal with centre management, who wanted Baker’s Delight in. Selling his business for 2.5 times what he had purchased it for, the Mackie’s were suddenly in the enviable position of being mortgage free in their mid twenties.

Village centre management. “They rang me every week for about six weeks until I finally agreed to drive down and meet them for a coffee. When I realised it only took me 55 minutes to drive down from Erina on a Saturday I thought to myself this may not be so bad.” The icing on the cake was when centre management offered them an existing bakery site and six month’s free rent to cover their fit-out expenses. Today St Ives is the Mackies’ best performing store.

The Mackies moved on to purchase another bakery at Gorokan, expanding to Toukley soon thereafter. The pair ran both stores for almost eight years before selling for a huge profit, which gave them the funds to open their first green-field site in Green Point in 2002. And so Bakehouse Café was born. Ironically, the new owners of the Gorokan bakery eventually went into receivership, which opened the door for the Mackies to re-purchase the business for a ‘song’ and open another Bakehouse Café (by this time they owned a number of other Bakehouse Cafés across the Coast and one in St Ives Shopping Village). Their location strategy was simple. Each site had to be en route to somewhere as opposed to a destination site. The only exception to this rule is Avoca, which does a roaring trade over Christmas in particular, bringing in around $35,000 a week. When I asked Mackie why he and Kate had decided to open a store in St Ives when he had been adamant that they wanted to stay local, he said he had been headhunted by St Ives Shopping

Mackie says while he has never been one for self-promotion he has always had “a bit of a following in food,” adding, “I’ve also become the go-to person for bakers who go into receivership.” Today the Mackies employ more than twenty of Australia’s “best bakers and pastry chefs by a country mile” who operate in shifts 24/7 from the Artisan Bakehouse’s centralised kitchen.

When asked how he and Kate find their staff, Mackie responded that these days “we don’t find them, they find us”. Some are even commuting to the Coast from Sydney for the privilege of working with Mackie.

In terms of challenges, the Mackies seem to have ridden out most of the storms other businesses have struggled through with relative ease. For instance when the GFC hit, Mackie said while many consumers may not have been prepared to spend $15 in a café they were quite happy to call in and spend “eight bucks on a pie and a coffee, which covered the Mackies’ goal of achieving an average of $8 from every customer who walked through the doors. In terms

COV ER S TORY

of competition, it would be easy to assume that when big franchises like Baker’s Delight came onto the scene, this would have presented a major challenge to a small business like Bakehouse Café.

To the contrary, Mackie says Baker’s Delight has been “one of the best things to happen to the baking industry because they made everyone shape up.” Interestingly, Baker’s Delight headhunters continue to offer Mackie “very good money” to become a franchisee.

One challenge that the Mackies have found to be quite a significant struggle has been dealing with the attitude of Gen Y apprentices and the outdated teachings at TAFE. However they have found an interesting way to combat both. In Bakehouse Artisan Café Erina. The centralised kitchen is located behind the café terms of apprentices, the Mackies now opt for Year 10 school leavdespite the fact that his competitors are. ers as opposed to Year 12 as this allows “Its about flavour and quality every time them to capture their interest before they even if that means spending more than five “develop an attitude.” As for TAFE, the teachtimes what my competitors are spending ers now come to the Artisan Bakehouse on some ingredients,” said Mackie. Recently production kitchen where Mackie sets the holding an open day to publicly launch agenda for what his apprentices will learn the Artisan Bakehouse Café, the Mackies to bake - no more 1970’s rock cakes! were astounded at the numbers that came Mackie refuses to cut corners and costs through and the interest from local home when making his breads, cakes and pastries, cook enthusiasts in the bakery tour and the

idea of bread-baking classes, which they are now considering running. “We are really starting to see a growing passion for quality bread on the Central Coast particularly as more Sydneysiders with sophisticated tastes move into the region,” said Mackie.

With word spreading far and wide about Mackie’s culinary skills and the Bakehouse Café’s quality products, it seems their days of travelling under the radar are now over.

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info@patongahotel.com CENTRAL COAST BUSINESS REVIEW MAY 2016

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EDITORIAL

Edgar Adams discusses local issues

Time for Business community to have some input on new council now working much closer together on IT’S FIVE MINUTES to midnight and regional issues. But there is no guarantee the business community has made little that it will continue with changed councilattempt to influence the state government lors. or even comment on how it sees the new To their credit this state government is Central Coast City Council (if that is what it pushing ahead with amalgamations across is to be called) will look. the state and it appears that Gosford and Local government has significant influWyong will be the first to be amalgamated. ence on the business community from There are huge issues that need to be getting an approval for a sandwich shop to settled and very quickly: a factory or approval for a residential subdiWill the new council be made up of a vision or other major project, to complying number of Wards representing the various with the myriad of regulations that coungeographical areas of the region? cils administer.

If so the Gosford/Wyong division will be Gosford Council in particular and to a further exacerbated. lesser extent Wyong Council over the past Would a councillor representing Woy thirty or more years have had a major negaWoy be one scrap interested in the issues tive influence on business activity in the confronting Budgewoi? No! region, witness the decline in the number The Central Coast is one area. Not two or of businesses now operating in the region four or five. Many Gosford residents work in compared with five years ago.

Wyong and vice versa.

This has been due to a conga-line of A Ward system will create even more divicouncillors many of whom were just on an sion as petty thinking councillors (and we ego trip and to get votes pandered to a breed them on the Central Coast) fight for voter group who are happy for the region scraps for the areas they represent. to live in the distant past.

Councillors in a new Central Coast There is another even greater issue and Council must be representative of the that is the historical (and often hysterical) whole region and have the capacity to divide between Gosford and Wyong. This understand that. divide is a major reason why the region It is the only way the region can grow is frowned upon in Macquarie Street and and prosper.

Canberra and missed out on massive fundWill we have an elected Mayor and will ing opportunities that just flow to other he or she be properly remunerated. regions because they work together.

The job of Mayor has always been a big Much of this division, in the past three ask but1in a2/17/15 new council this years has changed and both councils are Murrays_Erina-tamworth ad_small_update.pdf 10:24 AM will require

someone with real capacity to represent the region and move it forward.

It will be a full time job and has to be for the term of the council.

The new Mayor of the Central Coast has to be an elected Mayor and be adequately remunerated.

There is simply no alternative.

In the end the major political parties will have greater influence on the region than ever before. It is unavoidable. Thus these parties have a greater responsibility to ensure the future of our region by selecting candidates that have the appropriate capacity – not party hacks.

As we go to press we hear that the State Government is reviewing the Warnervale Airport (Restrictions) Act 1996 introduced

by Member for Wyong Paul Crittenden 20 years ago to kill the airport and the jobs that would go with it.

Full report next month but CCBR will be supporting the development of this move as we did 20 years ago.

Edgar Adams Editor

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CENTRAL COAST BUSINESS REVIEW MAY 2016

GENERAL NEWS

Gosford Classic Car Museum opens

Gosford Classic Car Museum at West Gosford THE GOSFORD CLASSIC Car Museum at West Gosford opens its doors on May 28th heralding in a new era for tourism on the Central Coast and a hub for enthusiasts around Australia.

With almost 11,000 sqm of display space the museum will display over 400 cars and bikes from vintage classics to modern day supercars and everything in between.

Owner Tony Denny said, “there’s something for everyone to enjoy.

The museum is located on Manns Road on the former Bunnings Hardwarehouse site which has been extensively renovated to house the classic car exhibits as well as a memorabilia shop, Jimmy G’s coffee shop operated by well-known café proprietor James Nouri and a large function centre suitable for corporate events and in particular car club and concours events. Mr Denny said that their calendar is rapidly filling with bookings for a diverse range of car club vis-

its, including the Ferrari Concours, booked for September this year.”

Mr Denny has invested around $85 million in the museum which employs some forty people from car restorers to attendants and he aims to make it one of the foremost classic car museums in the world.

Classic cars are his passion. He started his career in Sydney selling classic cars and then moved to the United States doing the same thing. He subsequently moved to Europe around the time the Berlin Wall

came down and saw an opportunity to sell late model cars from Western Europe into Eastern Europe. He became the largest motor car dealer in Eastern Europe selling out last year and returning home to the Central Coast.

Apart from the Gosford Classic Car Museum Mr Denny is investing heavily in property development in Gosford and Terrigal.

“I love this part of the world and I can see so many opportunities,” he said.

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NEWS

eCommerce creates new wave of entrepreneurs A GOOD IDEA, some get-up-and-go, a way to reach customers (the Internet) and be prepared to start small and grow organically.

It’s the way most of our new-age entrepreneurs are setting up in business and proving to be highly successful at it.

It’s called e-Commerce and millions of entrepreneurs around the world are carving out a niche for themselves starting off at home and then moving into larger and more suitable premises. But not into shopping malls with exorbitant rents, into factory bays or commercial spaces with cheap rent and Internet connectivity.

It’s an industry that is hard to quantify as most eCommerce businesses fly below the radar. They don’t need to promote themselves through the normal channels. Their market is global and provided they have an excellent website and deliver the goods there is almost nothing to hold them back.

ECommerce of course is a two- way street. People selling and people buying.

In Australia in 2013-14 Internet sales were $267 billion according to an ABS report.

On the Central Coast specific data is impossible to obtain but Australia Post and logistics company StarTrack, which has a major footprint in the region, says that with the exception of major capital cities, Gosford ranks as one of the nation’s top online shopping suburbs, currently sitting at seventh for parcel deliveries Australiawide. Wyong ranks 19th with residents also buying homewares and appliances online

CENTRAL COAST BUSINESS REVIEW MAY 2016

(ranking fourth for this category in NSW), while games and toys were especially soughtafter last Christmas.

Meanwhile the Central Coast is producing its fair share of eCommerce entrepreneurs.

Melissa Wilkinson, a full time industrial designer specialising in travel goods, saw an opportunity when her girlfriends were getting Personalised Favours Joint Managing Directors Matthew Mosse-Robinson and Melissa Wilkinson married and were looking for personalised wedding gifts.

Knowing that prompt and efficient She started by sourcing suitable products delivery is an absolute imperative in online and embellishing them by engraving or shopping Personalised Favours turned to adding personalised artwork thereby addAustralia Post who pick up from their preming value, then selling them on eBay. ises every day for delivery across Australia, That was in 2010 and she soon found New Zealand and around the world. that she had hit on a niche market and Both Mrs. Wilkinson and Mr. Mosseestablished Personalised Favours online Robinson travel widely looking for inspirawedding and special occasions store with a tion, sourcing new product and looking well-designed website. for new innovative ideas, attending bomThe business took off and it wasn’t long boniere conferences and events around before the work load necessitated addithe world. tional help and Ms. Wilkinson brought her The business now employs ten people brother-in-law Matthew Mosse-Robinson, including graphic designers and packers a corporate banker for eight years, into and has outgrown their current premises. the business.

Knowing that the United States offers The business has continued to grow enormous potential for their products the through both investment in technology 27th April saw them launch a dedicated and product innovation. As a result it wasn’t US website marketing directly into the US long before she needed to move out of and using the services of Australia Post home and into an industrial warehouse for delivery. unit at West Gosford where staff could be Personalised Favours has won the employed to produce an ever increasing Australian Bridal Industry Academy Awards range of products and dispatch orders. two years running.

BUSINESS NEWS

Construction starts on $17 million Aurrum aged care facility A GROUND BREAKING ceremony in late April marked the official start of construction on ‘Aurrum Terrigal Drive’ at Erina a 71-bed development which will set a new benchmark for aged care on the NSW Central Coast. The ceremony was attended by federal, state, local and community dignitaries.

Aurrum Terrigal Drive residents will each enjoy their own private luxury rooms, SMART wiring, landscaped gardens, cinema, an on-site wellness centre with gym, exercise room and day spa and an on-site hairdresser and café.

Also included in the development is a Learning and Development training centre for Aurrum’s approximately 400 staff on the Central Coast.

Local builder Stevens Construction and Thrum Architects have been engaged to oversee the design and construction.

The facility which represents an investment of $17 million is due to complete in May 2017. At peak construction, it will employ over 150 jobs which will mostly comprise of local trades.

Aurrum is one of Australia’s fastest growing aged care providers with approximately

Aurrum Terrigal Drive aged care building Ground breaking ceremony.

(L to R) Gosford Mayor Lawrie McKinna, Aurrum Chairman David Di Pilla, Member for Terrigal Adam Crouch and Member for Robertson, Lucy Wicks 1,000 aged care beds under operation and development across New South Wales and Victoria. Aurrum is the largest aged care provider on the NSW Central Coast.

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BUSINESS NEWS

Herbie’s Spices to centralise business at Charmhaven

Councils to continue Central Coast Tourism funding

Central Coast Tourism Chairman Sam Panetta

Liz and Ian Hemphill at work at “The Spicery� Charmhaven where Herbies Spices are produced.

IAN AND LIZ Hemphill, Co-Directors of Herbie’s Spices will centalise their operations out of their Charmhaven factory, The Spicery following the closure of their store in Sydney.

The iconic dark-red two-storey terrace, on Sydney’s Darling Street in Rozelle had been the retail and culinary education home of Herbie’s for the past 18 and half years.  “We’re now looking to concentrate our focus on supplying the 300-plus specialty retailers who sell our spices,� said Co-Director of Herbie’s Spices Liz Hemphill.

The Hemphill’s will now focus on sourcing the finest products, working on new spice blends and overseeing production from The Spicery. “We have a great team supporting us in Charmhaven and it’s great to employ locals and be part of the Central Coast economy,�

said Co-Director of Herbie’s Spices Ian Hemphill.

Their extensive range of herbs and spices continues to “fly out the door� with growing Internet and mail order sales. Limited door sales will be available from The Spicery, by appointment. “Given we’ll be cutting the weekly commute to Sydney from our schedules, we’ll be able to give even more attention to our customers who communicate with us via the Internet,� added Mr Hemphill.

The move also sees the Hemphill’s daughter Kate, the third generation of the Hemphill herb and spice dynasty, enhancing the spice classes with her European trained cooking skills.

For details on the Herbie’s Spices range, visit: www.herbies.com.au

GAIN

Gosford Council resolved in March to continue funding Central Coast Tourism through to 30 June 2017 with Wyong Council also resolving to continue its funding support.

According to Tourism Research Australia the tourism industry on the Central Coast delivers significant benefits to the local economy. TRA has valued this sector at $917 million for the year ending December 2015 representing a 25% increase year on year.

CCT says that over the next 15 months the organisation will work with both councils and consult with the new council entity to ensure the continued development of this vital sector of the local economy. For Central Coast Tourism it will be business as usual and will use this time to assist the new council in developing the structure for the future of tourism on the Central Coast.  Key projects Central Coast Tourism will drive include: • the development of the next CONTINUED ON PAGE 25

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BUSINESS NEWS

Nominations open for 2016 Hunter Manufacturing Awards

Quantum Strategies eyes Gosford opportunities

HMA Chairman, Bob Cowan with 2015 Manufacturer of the Year Jerry Holsin, Executive General Manager – Technology and Export WEARX and Michael Miller, CEO Downer Rail, Major Sponsor Nominations are now open for the 2016 Hunter Manufacturing Awards.

The 2016 Awards were launched on 6th April at the premises of the Major Sponsor, Downer with sixty guests present.

These prestigious and successful Awards are open to Hunter, Central Coast and Mid North Coast manufacturers.

Central Coast manufacturers are encouraged to nominate. Registrations close on 15 July 2016 and nominations will be taken until 19 August 2016.

Categories include: • Innovation • Product design • Safety • Marketing • People and skills development • Manufacturing process • Export of manufactured goods • Rising stars • Apprentice of the Year – Manufacturing CONTINUED ON PAGE 25

Alan Strudwick International business consultant, Alan Strudwick, has established Quantum Strategies Pty Ltd, a business consultancy, in the Gosford CBD offering a range of services that include strategic consulting and professional development.

Mr Strudwick has thirty years experience in professional and personal development in Australia and internationally. He returned to Australia early last year after five years in the USA and Canada and until now has been looking for a suitable location to establish his business in Australia, one that has the potential for growth.

Creative Alliance Within Quantum Strategies office at 153 Mann Street, Gosford is the branding and design agency Creative Alliance established

by Mr Strudwick to bring together a team of creatives led by Design Director Asher Compton.

The agency is supported by a team of contractors specialising in video and photography, photography, commercial art commercial design and graphic design. “At Creative Alliance we aim to provide the ‘competitive edge’ in both design and technology for business,” said Mr Strudwick.

Asked by CCBR why he had chosen Gosford to locate his business in Australia, Mr Strudwick said, “this move was not planned. I had been looking for a place in the USA with growth potential for some time. A visit to Australia for family precipitated our move here. I learned from friends and associates about Gosford and how Gosford Council had created a positive cando outlook. There is a lot happening here and there will be more. I want to be part of it.”

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BUSINESS NEWS

Gosford Tennis Centre to be world-class tennis facility A QUARTER OF a million dollars worth of infrastructure works is currently underway at Gosford Tennis Centre to complete the transformation of the centre into a worldclass sporting facility capable of hosting national and international tournaments.

The current infrastructure works are in addition to $250,000 invested in the centre by Gosford District Tennis Association (GDTA) over the past three years to resurface sixteen hardcourts. These Work progresses refurbishing Gosford Tennis Centre courts works resulted in the region successfully winning back the hosting of events held at Gosford Tennis Centre have two Junior International Tennis Federation the capacity to inject around $4 million events, which attract players from all over of local tourism dollars annually into the the world.

Gosford LGA. GDTA is a not-for-profit organisation, GDTA President, Mr Rob Eldridge said, which has governed, managed and fully “The improvements will allow us to be financially supported the Gosford Tennis considered to host Federation Cup Ties, Centre, without any funding or ratepayer ATP Challenger Tours and WTA Grand Slam input, since its inception. tournaments, which is very exciting for the On completion of the project, Gosford Central Coast in terms of tourism dollars.

Tennis Centre will boast a total of nine Gosford already hosts some of the largest International Tennis Federation (ITF) standtournaments in terms of the number of ard courts, more than any other regional participants in the country every year. The tennis centre in NSW. This will enable infrastructure works will allow us to build GDTA to secure future major tournaments, on that reputation.” On completion of the attracting players and visitors from all over infrastructure works, Gosford Tennis Centre Australia and the world to the region. Based hardcourts will have the same playing on previous tournaments hosted, tennis CONTINUED ON PAGE 25

Building our future Central Coast.

The Corporation partners with education and research institutions, business, the community and government sectors to create unity on regional issues. Healthy collaboration at all levels is developing an economy, culture and lifestyle on the Central Coast that is unsurpassed.

We’re here to help.

For more information visit ccrdc.nsw.gov.au, call 1300 304 676 or email info@ccrdc.nsw.gov.au

One region I Countless opportunities

CENTRAL COAST BUSINESS REVIEW MAY 2016

Community bankers conference in Terrigal

Some 250 Community Bank® delegates and staff from across NSW and ACT attended Bendigo Bank’s State Conference of community banks in March at Crowne Plaza Terrigal.

It was estimated that the economic benefit to the region from the conference was $250,000 which was put into the region.

The conference was opened by the Mayor of Gosford Lawrie McKinna with the Gala Dinner attended by both Gosford and Wyong Mayors and Member for Robertson, Lucy Wicks and Member for Wyong David Harris.

Bendigo Bank’s senior executives including Robert Musgrove, Head of Community and Engagement and Mark Cuneen, Senior Manager Community also attended with the theme of the conference being Building stronger communities together The Central Coast is a leader in the community bank network with the East CONTINUED ON PAGE 25

BUSINESS NEWS

Central Coast a good move for Bacsoon Customising MICHAEL VINCENT ESTABLISHED his customised stainless steel fabrication business in Blacktown seventeen years ago and relocated it to West Gosford five years later buying a small industrial unit in Stockyard Place.

For him it was a lifestyle choice - live close to where you work and he wanted to live on the Central Coast.

Fast forward twelve years and he says it was the best move he could have made.

“The Central Coast is a place where your reputation counts, because doing business is more personal,” he says.

“We do the job the way it should be done, absolutely professionally. And this has brought us a lot of architectural work from high end builders here on the Central Coast as well as some in Sydney,” said Mr Vincent.

The result has been that the business has tripled in size and he now employs six tradesmen and one apprentice.

Bacsoon Customising specialises in the customising and fabrication of stainless steel balustrades, hand rails and architectural fittings and fixtures as well as equipment for the food and marine industries.

“Merlot Constructions of Baulkham Hills is one of our oldest customers. We have been doing work for them throughout Sydney for the past twenty years. Our latest job for them was a 250 metre disabled ramp system at the Bankstown Sports Club,” said Mr Vincent.

A sports fishing enthusiast Mr. Vincent set up a division of the company known as Bacsoon Sports Fishing and manufactures a range of fishing accessories.

More recently, about three years ago, Mr. Vincent set up a separate business, called EasyFlow Drainage Systems, producing a new range of stainless steel architectural drainage products.

EasyFlow is a fully integrated stainless steel drainage system designed and manufactured to suit a client’s needs.

“Our largest distributor is Coastal Tiles at Erina and Reece Plumbing Supplies who are recommending EasyFlow to their customers.

“Due to the design and high quality of the product it is gaining acceptance and our order book is filling up. It now represents about 40% of our business.” Said Mr Vincent.

Michael Vincent outside his factory at West Gosford

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THE ART OF PERFORMANCE

CENTRAL COAST BUSINESS REVIEW MAY 2016

13

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BUSINESS BRIEFS

New appointment at Shaw Gidley

Joshua Robb

the knowledge and experience to take his career to the next level, providing solutions on complex problems and developing his own business.”

Mr Robb has practiced Insolvency law and administration since 2006 having experienced all aspects of both personal and corporate insolvency administrations.

Shaw Gidley is one of the largest specialist insolvency and reconstruction firms in the region, with offices in Newcastle, Port Macquarie and the Central Coast of New South Wales.

Removals has an outstanding reputation, the Coulson’s vision for creating a removal and storage business to cater for the varying needs of Central Coast residents is on par with the best practice in the country.

The storage facility with its ability to store people’s goods for the short or long term has helped transform the business. I look forward to managing and expanding the business for future growth.

Mr Sharpe is also a Director of Central Coast Local Health District and Chairman of HunterNet Co-operative.

Gosford Furniture Removals and Storage appoints General Manager

Forries Take Away sold

Shaw Gidley, Insolvency and Reconstruction Specialists has announced it has promoted Joshua Robb to Senior Manager.

Shaw Gidley Principal Paul Gidley said, “This promotion is acknowledgement of the important role Joshua holds in our management team; a position we foresee expanding as our company grows. He has

Karen and Chris Coulson (l) with Michael Sharpe

4332 0177

Gosford Furniture Removals and Storage has appointed well known businessman and company director, Michael Sharpe as General Manager.

Owners Karen and Chris Coulson have experienced extraordinary growth since moving to their new transport and storage facility at Somersby.

Mr Sharpe said “Gosford Furniture

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Kerri Ireland and Jeanette Stephens have sold Forries Take Away / Café.

This long established iconic business at Forresters Beach is located on the busiest road on the Central Coast and has been trading for over 40 years.

Ms Ireland and Ms Stephens have operated the business for the past 10 years and are now looking to retire.

The business is extremely popular with the surfing community on weekends and is a popular haunt for the locals and tradies.

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15

BUSINESS BRIEFS

New owners are Liz Ciolac and her business partner Jason Field who were the ultimate buyers through an Expressions of Interest process.

They are retaining all staff and will continue to operate the business in the same way as the previous owners.

Graham McMullen of Argyle Estates Business Brokers commented that a very strong interest was shown in this business.

Local business proves age is no barrier to success CATS Accountants, a family owned and managed business based in Wyong, strategically don’t seek the most qualified when growing their team. Instead they have taken a leaf out of Google’s book and look for candidates with the right attitude and willingness to learn. And they are finding many such candidates well before they have even left high school, as well as another who was out of work and nearing the age of retirement.

CATS Managing Director, Warren Garth said, “When it comes to hiring, we’ve tried everything. I knew Google is fanatical about hiring so I looked up what they do and discovered they hire on attitude and ability to learn, making it easy for the team to share their knowledge and expertise.”

Michael Withers has recently joined the CATS team after completing his HSC in 2015. “We approached Tuggerah Lakes Secondary College and asked the Year 12 Head Teacher to recommend three names of students they felt would be a good fit for our team,” said Mr Garth. “We then had our

CATS Accountants staff: L-R Angie Jarvis, Michael Withers, Tim Garth, Dan Osborne, Wayne Garth, Tressa Rootsey - in front – Kerry and Warren Garth Photo by: Glenn Zocher, Studio 2 You son Tim, who also works with us, conduct the interviews and that’s how we found our latest high school recruit Michael.” Michael is fully supported by the firm as he attends classes two to three days a week at university and works part time at CATS. On the other end of the age spectrum, CATS have just employed 63-year old semiretiree and qualified accountant, Wayne Garth, the brother of Warren. “My brother was working part time pulling beers at the local pub but was keen to do something more meaningful. After years of working in the corporate world, he felt he still had a lot to offer,” said Warren. “So I thought, why not put him on as I knew his skills would free up our time and give us the capacity for further growth.” Wayne now works remotely for CATS from his home in Melbourne.

“Everything’s in the cloud these days so it makes alternative working arrangements

possible,” said Kerry Garth, Warren’s wife who also works in the firm.

“At the end of the day, no-one knows our business like we do”, said Warren. Our experience has shown that cultural fit is the key to success when it comes to finding and keeping good people who will care about what they do and care about our clients. It’s all about attitude to life and willingness to learn. Age is no barrier.”

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CENTRAL COAST BUSINESS REVIEW MAY 2016

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ECONOMIC RE V IE W

Central Coast Economic Indicators released .ID THE POPULATION EXPERTS who provide Gosford and Wyong Councils, and the wider community, with economic profiles of the two LGA’s as well as the Central Coast region have updated the profiles of the region to the end of 2015.

As a result, CCBR has taken a look at some of the available data for each LGA and the region as a whole.

The data in these profiles is sourced from the ABS and the National Institute of Economic and Industry Research (NEIR) and compiled by .id the population experts.

Estimated Resident Population Population growth in the Gosford LGA over the past ten years was 7.7% and in Wyong 13.7%. Across the region however, apart from a spike in 2008 (see graph) population growth is running at about 0.7%% per year and this compares with the NSW growth rate now at 1.4%.

The region’s population growth rate has declined from about 4% per year in the late 1980s to current levels since around 2001.

A change of policy at both Gosford and Wyong Councils since 2012 has resulted an increase in residential building approvals (see Table) which when viewed anecdotally against residential subdivision development the northern Wyong residential areas in recent years and home construction along with high rise residential construction around the Gosford CBD and in Terrigal Table 1 - Estimated Resident Population 2005 – 2015 Gosford Wyong Central Coast 2015 173,138 159,981 333,119 2010 167,768 152,593 320,361 2005 160,733 140,670 301,403 Gross Regional Product The Gross Regional Product of the Central Coast Region is $11.75 billion and represents $100.45 per worker in 2015 has shown a growth rate of 7.2% over the past five years.

Gross Regional Product 2001 to 2015 Gosford Wyong GRP $m GRP $m 2015 6,595 5,158 2014 6.401 5,077 2013 6,212 5,009 2012 6,100 4,926 2011 6,173 4,946 2010 6,121 4,862 2005 6,218 4,769 2001 5,842 4,486

Central Coast GRP $m 11,753 11,478 11,220 11,026 11,119 10,963 10,987 10,328

Table: Commuting population Gosford 2015 18,668 2010 16,867 2005 13,610 2001 12,894

Wyong 19,677 16,686 13,346 9,962

Central Coast 38,345 33,553 26,906 22,756

Calculated by deducting Employed Residents from Local Jobs Labour force The number of Central Coast residents in work in December 2015 was 151,521 persons compared with 140,925 in 2010 an increase of 10,596 over the period. On the other hand, the number of local jobs in the region grew by 5.804 over the same period, a clear indication that new jobs in the region are not being created to satisfy the demand and resulting in an increase in the commuter population.

When considering that the number of registered businesses in the region declined by 882 in just three years it becomes obvious that a regional industry policy that would encourage business is not apparent.

Table: Local Jobs Gosford 2015 63,444 2014 63,862 2013 63,622 2012 61,718 2011 62,886 2010 60,424 2005 57,590 2001 54,721 Table: Employed Residents Gosford 2015 82,112 2014 82,463 2013 81,605 2012 79,204 2011 81,500 2010 77,291 2005 71,200 2001 67,615

Wyong 49,732 50,461 50,490 49,144 49,159 46,948 42,627 39,718

Central Coast 113,176 114,323 114,112 110,862 112,025 107,372 100,217 94,439

Wyong 69,409 69,562 68,636 66,447 66,882 63,634 55,973 49,580

Central Coast 151,521 152,025 150,241 145,651 148,382 140,925 127,173 117,195

Building approvals While the lag time from approval to construction can be a year or more the residential building approvals for Gosford and Wyong to the end of December 2015 coupled with Development Applications in the system it appears that 2015-16 will build on the previous two years in respect of approvals.

It therefore appears that population growth in future years will be far more positive than in the past ten years.

Employment Commuting population When comparing the number of jobs in the region with the estimated number of employed residents who work in or outside the region continues to rise with the number of commuters in 2015 running at 38,345 – an increase of 5.4% since 2010 and 19.8% over 15 years.

Anecdotally it has been considered that the growth in commuters was related to the building industry which until the last few years had been in decline across the region. With the growth in building approvals in recent years this drift of building workers to Sydney in particular should therefore be expected to reverse itself.

CENTRAL COAST BUSINESS REVIEW MAY 2016

Table 2 - Value of total building approvals $(‘000) Year Gosford Gosford Wyong Residential NonResidential residential FYTD (6 150,522 54,688 170,783 months 2014-15 235,522 116,575 136,404 2013-14 201,748 95,235 127,825 2012-13 128,796 86,875 112,246 2011-12 118,275 60,743 98,507 2010-11 225,896 44,260 124,339 2009-10 154,410 151,658 149,445 2008-09 125,269 112,722 94,876 2007-08 163,549 68,539 142,054

Wyong Nonresidential 18,626 92,988 88,843 37,825 54,691 57,433 153,978 135,753 71,532

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ECONOMIC RE V IE W

Number of businesses operating on the Central Coast The number of registered businesses in the region has declined by 882, from 21,797 in 2012 to 20,915 in 2015.

The construction industry is the largest in the region with a total of registered businesses comprising 22.6% compared with 15.4% in New South Wales. Even so, the number of construction businesses

in the region has declined since 2012 as has manufacturing, retail, transport and warehousing and professional and technical services.

The industry sectors showing growth are: Financial and Insurance Services, Health Care and Social Assistance and Accommodation and Food Services.

Registered businesses by industry Gosford 2015 Agriculture, Forestry & Fishing Mining Manufacturing Electricity, Gas, Water & Waste Construction Wholesale Trade Retail Trade Accommodation & Food Services Transport, Postal & Warehousing Information, Media & Telecomm.

Financial and Insurance Services Rental, Hiring & Real Estate Services Professional, Scientific &Technical Service Administrative & Support Services Public Administration & Safety Education & Training Health Care & Social Assistance Arts and Recreation Services Other Services Industry not classified TOTAL BUSINESSES

Gosford 2012

Wyong 2015

Wyong 2012

No.

%

No.

%

No.

%

No.

%

328 23 524 44 2,614 419 842 512 486 146 1,047 1,348 1,729 525 69 207 968 225 581 12638

2.6 0.2 4.2 0.3 20.7 3.3 6.7 4.0 3.8 1.2 8.3 10.7 13.7 4.2 1.6 7.7 1.8 4.6 100.0

360 32 585 45 2,748 450 933 471 542 153 964 1,443 1,836 555 63 206 899 228 606 169 13,287

2.7 0.2 4.4 0.3 20.7 3.4 7.0 3.5 4.1 1.2 7.3 10.9 13.8 4.2 1.5 6.8 1.7 4.6 1.3 100.0

180 9 372 41 2,106 270 592 407 511 55 556 762 838 345 60 142 417 115 500 8,277

2.2 0.1 4.5 0.5 25.4 3.3 7.2 4.9 6.2 0.7 6.7 9.2 10.1 4.2 0.7 1.7 5.0 1.4 6.0 100.0

206 9 410 53 2,108 279 639 360 584 72 468 726 875 380 39 141 392 128 507 133 8,510

2.4 0.1 4.8 0.6 24.8 3.3 7.5 4.2 6.9 0.8 5.5 8.5 10.3 4.5 0.5 1.7 4.6 1.5 6.0 1.6 100.0

Source of data on these pages is economy.id.com.au/centralcoast

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CENTRAL COAST BUSINESS REVIEW MAY 2016

18

BUSINESS NEWS

Apprentice opportunities at Archer Compensation for the cost of projected Sea Level Rise. Who will pay?

By Par Aiken, Secretary, Coastal Residents Inc.

(l to r) Mitchell Rodgers, Ryan Cassar, Bradley Galea, Jack Lloyd, Thomas Walker and Trevor Cooper ARCHER ENTERPRISES, A third-generation family owned precision design and manufacturing engineering company based at Somersby, has engaged two teenagers fresh from school, adding to their existing highly skilled team.

Brad Galea, 19, from Woongarrah has stepped into a unique multi-tasking role which combines technical hands-on duties with production management and marketing Brad is currently studying Engineering Technical Certificate 3 at the University of Newcastle.

The second apprentice is Tom Walker, 17 from Budgewoi. Tom was in year 11 and although he felt pressured to go on to uni-

Please

versity he always wanted an apprenticeship in the field of engineering.

The position he applied for at Archer – fitter/machinist – wasn’t what he originally had in mind but he is now studying his Certificate 4 in engineering – CNC machining.

Archer Enterprises has been recognised as one of Australia’s finest industrial companies by being a finalist in the nation’s top excellence awards for three years in a row. Archer operates from a worldclass Manufacturing Centre of Excellence which features research and development, advanced 3D design, prototyping, product analysis, manufacturing, assembly area and a test laboratory all under the one roof.

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salvos.org.au/hope CENTRAL COAST BUSINESS REVIEW MAY 2016

All levels of government are struggling to manage their climate change policies.

The NSW State Government is grappling with this issue just before a July Federal election.

A recent meeting hosted by Minister Rob Stokes and MLC Scott MacDonald, looked at the issue of compensation for those affected by future Sea Level Rise.

Lawyer Karen Coleman, Kings Wood Mallesons and Pat Aiken, Coastal Residents Incorporated, were invited to represent the concerns of the NSW Coastal Alliance which comprises 15 different NSW coastal communities.

It’s an important issue for the State Government with over 60,000 homes claimed to be affected by future SLR. Many councils are implementing an unstated policy of planned retreat that has already stopped development on more than 70% of some Wamberal beachfront properties.

We all benefit from the $1billion plus in yearly coal royalties to the NSW State Government but only those affected will be burdened with the full cost. The NSW State Government’s proposed Legislation makes no provision for compensation and the Federal Government considers this a State issue!

PROPERT Y REPORTS

State Government seeks buyers for Gosford school site

Gosford waterfront showing former Gosford School site with proposed DFS Building (circled) and proposed Tax Office building to the left THE STATE GOVERNMENT has announced that it will support the development of a commercial office building on the former Gosford Primary School site by committing to take space and relocating 300 Department of Finance, Services and Property jobs thereby anchoring the project.

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.

An Expression of Interest for the sale of the site and its future development is expected to be released in May this year.

How it will be marketed is as yet unclear but the site overlooking the Boat Harbour in Brisbane Water is undoubtedly the most valuable site in Gosford.

Government Property NSW has lodged a DA with Gosford Council for a six-level 7,000sqm Gross Lettable Area building fronting Mann Street to be developed by the success bidder for the 1.16 hectare site and has issued a concept plan for the whole site.

The Minister for Finance, Services and Property, Dominic Perrottet MP, was in

Gosford last month to make the announcement and present the Government’s concept plans for the former school site.

The DFSI building will comprise six storeys with a total of 7,000 sqm of gross lettable area for ground floor alfresco dining and the remaining levels being quality office space.

The Application is expected to be approved by the end of 2016 and construction be completed in 2018, with the relocation of DFSI staff to follow.

The building will be sited adjacent to the ATO building which was announced with much controversy last year.

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 MAY 2016

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PROPERT Y

COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE

69 CHIVERS ROAD, SOMERSBY FOR SALE/LEASE SOMERSBY INDUSTRIAL LAND IN1

Smaller IN1 land in Somersby which are very hard to come by. Approx 2500m2 with power, water and natural gas to the site. Partially cleared and no council contributions owing.

FOR SALE $385,000 + GST

TUGGERAH RAISE YOUR PROFILE!

The perfect space to design your future office space! The completed centre features expansive medical centre, childcare facilities & sporting fields.

Commercial offices for sale & lease from 15m2 to 1,685m2.

TUGGERAH PREMIUM QUALITY FACTORY & WAREHOUSE UNITS

Twelve (12) brand new, premium quality factory/ warehouse units with excellent finishes. Sizes (approx.) 128m2, 144m2, 160m2 and 198m2 plus the complex has been designed for extra parking and a 40% (approx) site coverage which allows for DA approved mezzanine floors in each separate bay.

FOR SALE FROM $275,000

WYONG WORLD CLASS DEVELOPMENT OPPORTUNITY! B6 Enterprise Corridor Zoning property, Consisting of approx. 15,026m2 of gently sloping cleared land, perfect for a plethora of uses including shop-top residential development.

EXPRESSIONS OF INTEREST CLOSING Thursday 2nd June, 2016.

GOSFORD GROUND FLOOR PREMIER POSITION

Beautifully appointed 138m2 suite on the ground floor, with exposure to Mann Street. Freshly painted, newly carpeted & with 3 security car parking spaces, this Commercial/retail suite may be the ideal position for your business.

FOR SALE $470,000 + GST FOR LEASE $35,000 GROSS PA + GST

IDEAL KINCUMBER RETAIL

Excellent 97m2 (approx) retail/commercial position.

Ideal destination opportunity with exposure to Avoca Drive. Perfect property to make the most of large signage opportunities.

FOR SALE $485,000 + GST FOR LEASE $36,000 NET PA + GST

WEST GOSFORD - SELLING FAST!!! UNDER CONSTRUCTION

Only 12 high quality architecturally designed industrial units left in this complex of 16.

120m2 high clearance factories, 150mm thick high wall concrete panel construction with 5 metre high automated commercial roller door. 2 allocated car spaces per unit - 36 overall, 3 phase power connected with the NBN connected. Fully fenced and electric gated security with shower and toilet.

High bay lights and clear panel skylight.

FOR SALE FROM $259,000 + GST

WARNERVALE BRAND NEW IN BEST POSITION

Virtually 200 metres to the M1 interchange - you wont find a better location, IN1 industrial zoning, 200 metre high clearance container and truck access.

There is only 3 left so don’t miss out.

FOR SALE $365,000 + GST

SOMERSBY BRAND NEW WAREHOUSE!

Approx 515m2 of brand new building approved for Manufacturing. Good size clearspan warehouse with plenty of natural light plus high bay lights + 3 phase power & three high clearance roller doors.

FOR SALE $55,000 NET PA + GST

SOMERSBY COMMERCIAL KITCHEN - FIRST TIME OFFERED FOR SALE

Fully fitted out Commecial Kitchen & Showroom with stainless steel benchtops, splashbacks, airconditioned open plan office space, male and female amenities and a spacious kitchen/lunchroom.

FOR SALE $799,000 + GST FOR LEASE $50,000 NET PA + GST VISIT OUR WEBSITE FOR ADDITIONAL PROPERTIES and MORE INFORMATION – www.ljhooker.com.au 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 MAY 2016

Modern industrial facility 2,397m2, 637m2 of modern fitted out office, 1,383m2 high clearance warehouse and 377m2 mezz storage, corner site of 4,819m2 heavy duty 3 phase power (11kva), minutes to Sydney/Newcastle M1 Motorway.

GOSFORD SALE

BUILDING B 27 SUNNY BANK ROAD, LISAROW FOR LEASE

Large freestanding heavy duty industrial premises, 1056m2 approximately, clearspan with high internal clearance and two large hanger doors, heavy duty 3 phase power, great truck access and allocated parking.

TUGGERAH BUSINESS PARK OFFICE SUITE FOR SALE/LEASE

Stylish office suite. Total area 244m2 with 166m2 ground floor and 78m2 mezzanine area. Fully fitted out, high ceilings, plenty of natural light and external patio area. Small professional complex with allocated on-site parking.

MT PENANG PARKLANDS OFFICE SPACE FOR LEASE

Gound floor net lettable area 217m2 approximately including 37m2 of external undercover verandah area, open plan with 12 quality workstations, meeting room and boardroom. Carpeted and ducted air conditioning. Great natural light, fantastic outlook and peaceful setting.

UNIT 13/15 TO 17 ACE CRESCENT, TUGGERAH FOR LEASE

Quality industrial strata unit for lease, 164m2 total area including 31m2 of open storage mezzanine area, regular in shape, high clearance roller shutter, amenities with shower, 3 allocated parking spaces, gated secure complex, minutes to Sydney/ Newcastle M1 Motorway and Westfield, Tuggerah.

SHOP A/120 ERINA STREET, GOSFORD FOR LEASE

Last ground floor position at Star House available, 119m2 open plan with partitioned kitchen, new carpet, lighting, electrical, freshly painted and alarmed, ducted air conditioning and NBN ready.

Great signage opportunities directly opposite Imperial Shopping Centre and next door to Australia Post.

Landmark building in prime Gosford CBD location with direct station and bus interchange access.

Multiple government tenants on long leases, high occupancy rate for many years.

Includes adjacent vacant lot, construct new on this portion and/or redevelop above existing building which is engineered accordingly.

Contact Andrew Dunn on 0458 864 236 for additional information.

CHARMHAVEN SALE

Two lots of vacant industrial land available as separate sales. Lot 1314 is approximately 3,737sqm and Lot 1315 is approximately 2,123sqm.

Water, sewer and power available. Some of the limited remaining land in the vicinity. Close to Lake Haven shops, Bunnings and other majors including new Warnervale Town Centre.

LONG JETTY

SALE

WEST GOSFORD

SALE

Well located commercial properties in the heart of Long Jetty! Presenting a unique opportunity to acquire combined or singular two (2) prominently positioned commercial properties. Current improvements in place allow the properties to be leased or re-developed at a later date (STCA). The properties are comprised over two (2) freehold titles, ground level fronting The Entrance Road with maximum exposure to passing trade.

Last available site of this size in this area of West Gosford. Surrounded by industrial and commercial areas. Extensive site earthworks already completed, LOT 113 is level and LOT 111 is gently undulating, heavy duty concrete bridge in place between lots. Multiple options for construction and ability to separate areas. Wide variety of uses available.

Prices shown with * are inclusive of GST.

4365 0645

Suite 5, 206 The Entrance Road, Erina www.rhc.com.au/erina

Get results!

ADVERTISE YOUR PROPERTY IN CCBR

For further information phone 4367 0733 or email info@ccbusinessreview.com.au

PROPERT Y NEWS

Investor pays $2 million for 2.26 ha site at Wyong North Accountants take suite in Mariners Centre of Excellence

A local investor has paid $2 million (GST not applicable) for 458 Pacific Highway, North Wyong, a 2.26 ha site zoned B6 Enterprise Corridor with a 95 metre highway frontage.

The property comprises manufacturing sheds, a large secure yard and residential cottage on a level site.

It is currently leased to a recycled

building materials company.

It was marketed as a development opportunity with around 30,000 cars per day The property had been owned by Newcastle building hardware company Saddington’s Bernie Nash from L J Hooker Commercial Central Coast negotiated the sale.

Ausgrid offloads West Gosford land

Ausgrid have disposed of a vacant 16,200sqm site zoned Flexible B5 (business development) at 9 Blackett Street, West Gosford for $930,000 plus GST to local property developers Mistlake Pty Ltd. The level site with one boundary on Narara Creek has environmental constraints towards the creek. It is adjacent to Gosford Racecourse.

Brad Rogers from L J Hooker Commercial Central Coast negotiated the sale.

Pre-employment screening company buys into Mariners Centre of Excellence Pre-employment screening company, Suremploy has purchased a 119.49 sqm suite in the Mariners Centre of Excellence at Tuggerah.

Price paid was $450,000 plus GST ($3,766.00 per square metre).

The sale was negotiated by Ty Blanch and Bernie Nash form L J Hooker Commercial Central Coast.

Northellem Superfund has purchased a 92.62 sqm suite in the Mariners Centre of Excellence at Tuggerah.

Price paid was $361,218 plus GST ($3,900 per square metre).

The sale was negotiated by Ty Blanch from L J Hooker Commercial Central Coast.

Tuggerah Business Park lot sold A Sydney manufacturer has acquired a 3,672 sqm level block in Fleet Close, Tuggerah Business Park to relocate their business.

Price paid was $567,300 plus GST ($154.50 per square metre) The sale was negotiated by Ty Blanch from L J Hooker Commercial Central Coast.

Sydney investor buys Wyong industrial unit A Sydney investor has paid $190,000 plus GST for a vacant Unit 11 a 135sqm warehouse unit at 11 Donaldson Street, North Wyong.

The unit which is part of a 14-unit complex was last traded in 2009 for $127,500 (Source RP Data) Bernie Nash from L J Hooker Commercial Central Coast negotiated the sale.

Toukley professional office sold Shop 4, a professional office at 243 Main Road, Toukley has sold for $138,000 plus GST to an owner buyer.

The shop in the main retail strip in Toukley comprises reception, 2 treatment rooms with wash basins, and small kitchenette.

The sale was negotiated by Bernie Nash from L J Hooker Commercial Central Coast.

CENTRAL COAST BUSINESS REVIEW MAY 2016

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PROPERT Y

Somersby sub-division sales Manufacturer leases Tuggerah premises

Hunterland Subdivision – Somersby Industrial Estate KAREN AUBREY FROM L J Hooker Commercial Central Coast reports sales of the following lots in Sailfind Place, Somersby: Lots 1 and 2 have sold to a leading Central Coast plumbing company. Price paid was: Lot 1 - 2,210sqm a level site on the corner of Pile Road for $280,000 plus GST ($126.70 per square metre).

Lot 2 – 2,033sqm a slightly sloping site in Pile Road for $235,000 plus GST ($115.60 per square metre).

Lot 3 – A Sydney businessman has purchased has paid $225,750 plus GST ($105.00 per square metre). The property has been bought as an investment Lot 7 – A Sydney electrician has purchased Lot 7 paying $210,000 plus GST ($105.00 per square metre).

LEASINGS Marketing company relocates from Erina to West Gosford to get broadband connection Oddball Marketing Solutions has relocated from Erina to Unit 5, 6 Tathra Street, West Gosford leasing a 146sqm industrial unit.

Managing Director, Mike Sandys said that slow broadband connection at Erina and no definite timeframe for the NBN to be connected had caused him to relocate.

Terms of lease are 5 years with 5 year option at a rental of $25,000 per annum plus GST Chris Watson from Chapman & Frazer Real Estate Gosford negotiated the lease Lighting company leases in Tuggerah Business Park ECC Lighting+Furniture has leased Unit 10, 33 Pioneer Avenue, Tuggerah Business Park.

Terms of lease for the 207 sqm unit are 2 years with 2 year option at a rental of $21,000 per annum plus Outgoings and GST. The unit includes an office and shopfront with high and wide roller door access plus amenities. Ty Blanch and Brett Dowling from L J Hooker Commercial Central Coast negotiated the lease CENTRAL COAST BUSINESS REVIEW MAY 2016

Bioaction Pty Ltd, a manufacturer of sustainable modular filtration systems, has lease a factory warehouse at 12 Mildon Road, Tuggerah.

The property comprises a 338sqm metal clad factory building with 84sqm brick office and 64 sqm mezzanine with extensive hard stand on a 2 ha block.

Terms of lease are 3 years with 2 year option at a rental of $46,000 per annum plus Outgoings and GST. Ty Blanch and Brett Dowling from L J Hooker Commercial Central Coast negotiated the lease.

Distribution business leases at Berkeley Vale Coast & Country Distributors have leased Unit 2, a 300sqm industrial unit at 5 Hereford Street, Berkeley Vale.

The unit with a 90sqm mezzanine, comprises office fit-out with reception, private offices and staff amenities along with a 100sqm security fenced compound.

Terms of lese are 1 year with 1 year option at a rental of $25,000 per annum including GST. Bernie Nash from L J Hooker Commercial Central Coast negotiated the lease.

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RESIDENTIAL PRESTIGE PROPERT Y REPORT

A beach house like no other at Pearl Beach Point Frederick waterfront lifestyle

The property: 5 Gem Road, Pearl Beach.

Marketed as the ‘Quintessential’ luxury beach house, this 6 bedroom, 4 bathroom luxuriously appointed north facing home is situated right on the beach. The 1970s home underwent a comprehensive renovation by the previous owner that included the highest quality finishes and extensively landscaped gardens front and back.

The price: $3.9 million

The buyer: A Sydney investment banker who will use it as a holiday house.

The sale: The property was on the market for 90 days and was promoted in the major Sydney newspapers. It attracted considerable interest with the buyer winning with a decisive offer.

The agent: Stuart Gan from PRD nationwide Ettalong Beach.

Acres and minutes to the beach

The property: 42 Berong Road, Kincumber.

This charming homestead with 3-bedrooms is on three groomed acres with established gardens and lush green lawns.

The price: $1.34 million The buyer: The property will be home to a

The property: 55 Albany Street, Point Frederick. On a 1,322 sqm block with 21 metre frontage to Brisbane Water this 4-bedroom home features expansive light filled living and dining space with separate accommodation wing. Other features include 3-car garage, cellar, store room and billiards room.

The price: $2.5 million The buyer: A family from country NSW relocating to the Central Coast.

The sale: The property was on the market for 5 weeks and was marketed through the local and Sydney newspapers.

60 people attended the auction with four registered bidders one of which bid by phone from overseas.

The agent: Chris Andrews form L J Hooker Avoca Beach.

Central Coast family.

The sale: The property was sold at auction attended by 40 interested people with bidding by 4 registered bidders starting at $800,000.

The agent: Chris Andrews from L J Hooker Avoca Beach.

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Contact: Stuart Gan PRDnationwide Ettalong Beach www.prdettalong.com Office: 02 4344 5580 Mobile: 0407 454 974

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BUSINESS TIPS

ADVICE Legal costs: who pays?

MPLOYERS

ur arge can anage rce, r trade reduce s comp

By Warwick Ryan, Partner, SWAAB Attorneys

ck Ryan com.au ONE OF THE persistent annoyances of

the unfair dismissal system for employers is

s that after finally being able to let go of an um Building, employee who has cost your business a lot RINA NSW 2250

of time and money, you have to expend more of both, defending a pointless unfair dismissal claim. This is because the usual rule in proceedings brought in the Fair Work Commission (e.g. unfair dismissal claims) is that both parties pay their own legal costs, regardless of who “wins” or “loses”.

This can make life difficult for employers when defending claims by employees: if the employer is going to have to pay their own legal fees whatever the result of the case, it’s often going to be cheaper to pay

an employee a few weeks’ pay to settle the case at the beginning, rather than fighting it to the end and paying out substantial legal fees. This hardly feels like justice has been done if you had good reason to let an employee go in the first place.

Helpfully, a recent decision of the Fair Work Commission has clarified that in certain circumstances one party can be ordered to pay the other’s legal costs. In Post v NTI Limited [2016] FWC 1059 Mr Post was dismissed after he had repeatedly ignored his employer’s requests to stop sending out promotional material for another company he was involved in to NTI’s clients (from his work computer). NTI carried out a thorough disciplinary process which included providing Mr Post with lots of evidence of his misconduct, and giving him a chance to respond.

Mr Post subsequently brought an unfair dismissal case which was dismissed by the Commission at the final hearing.

Throughout the proceedings NTI made numerous offers to settle the case, all of which Mr Post rejected. NTI then argued that the Commission should depart from the usual rules relating to costs and order that Mr Post pay their costs.

The Fair Work Commission has power to order a party pays their opponents’ costs where they ought to have known their claim had “no reasonable prospects of success” or where they have caused the other party to incur costs because of “an unreasonable act or omission”.

The Commission found that Mr Post should have known he had no reasonable prospects of success: he had been provided with a wad of evidence of his misconduct and the employer had carried out a detailed disciplinary process before deciding to terminate. The Commission also found he had unreasonably refused the numerous offers of settlement that NTI had put to him throughout the case. On that basis they ordered that Mr Post pay all of his employer’s costs from the outset of the case.

In this case, where the employer had acted in a fair and considered fashion, they remained resolved and achieved a costs award against the employee. It is unlikely any other employee is going to run a false claim against NTI in the future. Running that case was an ‘investment’ in setting boundaries with poor employees.

Simple steps to avoid the financial traps

By David Evers, Director, Robson Partners Avoiding common financial traps by following some very simple steps could provide a healthy boost to your savings and retirement wealth.

TRAP 1: Save by spending only small amounts SYMPTOMS: You don’t waste funds on big expenses. You reward your thriftiness with little treats like take-away coffees and a dinner out.

SOLUTION: A great deal of money is lost through erosion, rather than through major purchases. A $4 coffee each working day adds up to around $1,000 annually. Add this to the costs of music, TV streaming, bot-

CENTRAL COAST BUSINESS REVIEW MAY 2016

tled water, drinks with your friends, weekly restaurant meals, a rarely-used gym membership and so on, and there is a problem.

To find out where your money goes, record your expenditure for a month. It is simple to identify areas for saving once a budget clearly illustrates your spending habits.

TRAP 2: Going with the crowd SYMPTOMS: You do what those in your social or work circle do, in terms of saving and investing, rather than figuring out a route to wealth that is distinctively yours.

SOLUTION: Human beings are tribal. Not only do we surround ourselves with people similar to us, we also look to them for indicators of what we should do to improve our lives. But how similar are our retirement dreams? And is a certain investment worth more just because everybody else is buying? Every wealth plan should be completely individualised for the greatest chance of achieving one’s own goal.

TRAP 3: Raiding the re-draw SYMPTOMS: You constantly make use of your mortgage’s re-draw facility.

SOLUTION: The re-draw facility of a mortgage is an excellent place to store money as it should help to reduce interest. But once money is in your mortgage it is good practice to consider it untouchable. So pay off as much as you can above the minimum, then keep other savings in a linked account that also reduces mortgage interest. Once money is in the mortgage, leave it there.

TRAP 4: Running out of money each month SYMPTOMS: You live from pay cheque to pay cheque, often running out of money in the final week.

SOLUTION: ASIC’s MoneySmart website1 says 16% of Australians save money easily, 41% save a little and 43% don’t save at all.

Successful savers, they say, prioritise their saving because they have a clear plan, know how much money they need to save and regularly review their progress.

Whatever your motivator, having savings is vital as a buffer for the hard times, or for the handling of unexpected expenses. So it’s best to make a plan, and make that plan a priority.

CON T INUED AR T ICLES

Councils to continue Central Coast Tourism funding

Nominations open for 2016 Hunter Manufacturing Awards

Gosford Tennis Centre to be world-class tennis facility

CONTINUED FROM PAGE 10

CONTINUED FROM PAGE 11

CONTINUED FROM PAGE 12

Destination Management Plan for the Visitor Economy 2017-2020 • maintaining the destination’s presence in the domestic and international markets • producing and publishing the 2017 Official Visitor Guide “The Board and Management of Central Coast Tourism will continue to work with both councils to ensure the outcomes for Tourism, under a merged council, are well considered and continue to drive development, infrastructure and growth for our region,” said Chairman Sam Panetta.

• Technology • Environmentally responsible manufacturing practices The Awards are supported by NSW Department of Industry – Office of Regional Development who are a foundation partner and sponsors: Downer, BAE Systems, Davies Collison Cave, WRA Australia, KM&T, Port Waratah Coal Services, Quarry Mining, Strata Worldwide, Thurnham Teece, University of Newcastle, Whiteley Corporation, Hunter Research Foundation, Hunter Business Chamber, Hunter Business Review, McEwan and Partners.

surface as courts at Melbourne Park, which hosts the Australian Open, and courts at Homebush, which hosts the Apia international.

Gosford has had an association with the sport of tennis since 1890. Today GDTA manages sixteen tennis centres throughout the Gosford LGA with a registered player membership of 1,800. The value of boosting the sport of tennis, which can be played by people of all ages, from young children to seniors, extends well beyond the economy to a range of health, wellbeing and social benefits. Upgrading Gosford Tennis Centre would also provide a pathway for aspiring and talented local players to move up the ranks, potentially to state, national and even international level.

“To produce future sports stars we must provide them with world-class training and match play facilities. And we must also have the ability to attract other promising young players to the region and allow them to showcase their talent here. Returning our courts to International Tennis Federation standards is a big step in the right direction to achieving this,” said Mr Eldridge.

Community bankers conference in Terrigal Gosford Community Bank® being among the first established in Australia sixteen years ago.

Since then the East Gosford Community Bank® has expanded and now operates branches at Lisarow and Kincumber. The Ettalong Beach Branch was established a few years later and the Wyong Community Bank® after that.

East Gosford opened New South Wales’ third Community Bank® branch, owned by 285 local residents, traders and business people with a commitment to returning banking services to the to the town after the Big 4 banks walked out.

Together they raised more than $470,000 in shareholdings to open a new style of

CONTINUED FROM PAGE 12

banking in partnership with Bendigo Bank, then relatively unknown in the state.

It was an investment that paid off for the Central Coast community with the subsequent opening of Ettalong Beach and Wyong Community Banks® Most significantly, the Central Coast group of Community Bank® companies has now returned more than $1.2 million in profits to the community through grants, sponsorships and shareholder dividends.

In recognition of their achievements, East Gosford, Wyong and Ettalong Beach Community Bank® companies hosted the NSW/ACT Community Bank® State Conference.

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FUNNY BUSINESS

A MAN AND his wife were awakened at 3:00 am by a loud pounding on the door.

The man gets up and goes to the door where a drunken stranger, standing in the pouring rain, is asking for a push.

“Not a chance,” says the husband, “it is 3:00 in the morning!” He slams the door and returns to bed.

“Who was that?” asked his wife.

“Just some drunk guy asking for a push,” he answers.

“Did you help him?” she asks.

“No, I did not, it is 3:00 in the morning and it is pouring rain out there!”

“Well, you have a short memory,” says his wife. “Can’t you remember about three months ago when we broke down, and those two guys helped us? I think you should help him, and you should be ashamed of yourself!”

The man does as he is told, gets dressed, and goes out into the pounding rain.

He calls out into the dark, “Hello, are you still there?”

“Yes,” comes back the answer.

“Do you still need a push?” calls out the husband.

“Yes, please!” comes the reply from the dark.

“Where are you?” asks the husband.

“Over here on the swing,” replied the drunk.

Contributed by June Gibson An accountant dies and goes to Heaven.

He is met by St Peter who goes through the usual questionnaire.

“What sort of accountant are you?” says St Peter.

“Public Practitioner,” is the reply.

“Name?”

He gives his name. St Peter goes through some files and pulls one out.

“Oh, yes. We’ve been expecting you.

You’ve reached your allotted span,” says St Peter.

“How can that be?” says the accountant.

“I’m too young to go. I’m only forty-eight!”

“No, that’s impossible.”

“Why do you say that?” said the accountant.

“Well we’ve been looking at your time sheets and the hours you’ve charged your clients. By our reckoning you’re at least ninety-three.”

A doctor and a lawyer were attending a cocktail party when the doctor was approached by a man who asked advice on how to handle his ulcer.

The doctor mumbled some medical advice, then turned to the lawyer and asked, “How do you handle the situation when you are asked for advice during a social function?”

“Just send a bill for such advice” replied the lawyer.

On the next morning the doctor arrived at his surgery and issued the ulcer-stricken man a $50 bill.

That afternoon he received a $100 bill from the lawyer.

A veterinarian was feeling ill and went to see her doctor.

The doctor asked her all the usual questions, about symptoms, how long had they been occurring, etc., when she interrupted him.

“Hey look, I’m a vet - I don’t need to ask my patients these kind of questions. I can tell what’s wrong just by looking. Why can’t you?”

The doctor nodded, looked her up and down, wrote out a prescription, and handed it to her and said, “There you are.

Of course, if that doesn’t work, we’ll have to have you put down.”

Quote of the month “Opportunities don’t happen.

You create them.”

Chris Grosser

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