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Vol 28 October 2018
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Published monthly (except January)
GEOFF AND SUE TILDEN Raine & Horne Gosford New planning controls for Gosford City Another winning year for Stevens Construction
Page 8 Edgar Adams’ Editorial Minister’s commitment ensures future for Gosford City
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CON T EN TS
Read ersh ip
20,00 0 Cover story
17 Tonkin Drysdale Partners celebrate 60 years on the Coast
4 Geoff and Sue Tilden –
18 Erina company launches new security
Raine & Horne Gosford 7
tag for retailers
New planning controls for Gosford City
18 North opens Newcastle office
9 Lasercraft’s vision lives on as it
19 Sydney investor buy in Gosford CBD
celebrates 30 years
22 What the NSW Government
11 Software developer expands
Front cover: Sue and Geoff Tilden – Photo: Jeff McGarn
Architect said 23 What’s on the line for business owners?
12 Full house for Coast Opera
24 Mind your Business – How much is
Australia’s debut concert
your business worth?
13 Another winning year for
24 Employers beware – Court opens the
Stevens Construction
door to casuals double dipping
14 Trehy Ingold Neate announces merger
Regular features
14 Gosford Gold Club appoints new
8 Edgar Adams’ Editorial
General Manager
14 Business Briefs
15 Central Coast Leagues Club appoints
19 Property news
Facilities Manager
20 Commercial Industrial property for
15 Top awards for LJ Hooker Commercial
sale / lease
16 Local businesses take up Safety
25 BUSNESS SERVICES DIRECTORY
Challenge
Contact
+
26 Funny business
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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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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COV ER S TORY
Geoff and Sue Tilden – Raine & Horne Gosford Helping people move for more than 30 years By Phaedra Pym DIRECTORS OF RAINE & Horne Gosford, Geoff and Sue Tilden are examples of great leaders in the highly competitive and often turbulent world of real estate. Both have been in the game for more than thirtythree years and are so passionate about what they do that they recently walked away from a “very lucrative offer”, putting any thoughts of retirement well and truly on hold. In fact, not only did they decide to remain at the helm of the business they have grown from the ground up since 1990, but they have just opened a new office in East Gosford, growing their team to thirtyfive in the process. This is the story of the Tilden family’s remarkable business journey and how their customer, staff and community-centred approach to everything they do has seen them become the largest real estate agency on the Central Coast and one of the most successful in the national Raine & Horne network. Born and raised on the Central Coast, Geoff was first inspired to work in real estate by his wife, Sue. Originally a country girl who trained show horses, she encouraged Geoff to accept a sales job at the international commercial and industrial agency she worked for in North Sydney. Specialising in sales and leasing across Sydney for six years, Geoff and Sue moved back to the Coast in February 1990 to take on management roles at the long-established Gosford Real Estate. Not long after starting, the owner asked Geoff and Sue
if they would be interested in buying the company, which at the time was struggling with cash flow. “We were offered the business on a Monday and by the Friday the business was ours.” said Sue. Buying a real estate agency with cash flow issues in 1990, at the height of the so-called ‘recession Australia had to have’ created significant challenges for the couple who had literally put everything on the line. As sales-focused agents, Geoff and Sue had no interest in property management
Buying a real estate agency with cash flow issues in 1990, at the height of the so-called ‘recession Australia had to have’ created significant challenges for the couple who had literally put everything on the line. but with sales prospects extremely low, they both knew they would have to expand their horizons to stay afloat. “While property management doesn’t have the lucrative profit margins that sales does, it delivers consistent bread and butter cash flow,” said Sue, who set her mind to building a property management business from a rent roll of zero and with no prior experience. Learning on the go, zero grew to five and, following a structured, systemised and
innovative approach over the following years, Sue and her now substantial property management team are on track to achieve a rent roll of 2,000 by December. “It (property management) laid a strong foundation for our business,” said Geoff, adding that downturns in the market are no longer a concern as a result. Sue had intended to establish the property management department and then step back into sales. However in the process, she discovered a passion and talent for property management she never knew she had. The added benefit was that Geoff and Sue could both run their own arms of the business, much easier for a husband and wife leadership team. “I don’t think there’s another real estate office on the Coast that has a property management department run by the owner of the business,” said Geoff. Indeed this has become a strong point of difference for the team. Growing steadily over the next twenty years as part of the First National network, Geoff and Sue invested heavily in technology to help manage their growth and keep it sustainable. Recognising the quality and strength of their business, Raine & Horne approached the Tildens in 2011 with an offer to join them. “Raine & Horne is a family owned business, so culturally we felt they were a really good fit for us,” said Geoff adding that they liaise directly with Angus Raine, a third generation franchisor. “This also aligns well with us because people know that when they engage our services
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COV ER S TORY
they deal with the people who own the business, people who are locals, who have been here for a long time and who have a very strong presence within the community.” Sue agreed, “Like Angus (Raine) we drive the bus. We’re not sitting in a big office telling our staff what to do. We are part of the team.” Geoff and Sue also appreciate the fact that Raine & Horne is very forward thinking when it comes to technology. As part of their brand, they can tap into those resources but also have the freedom to run their business the way they want to. From the moment the Tildens rebranded to Raine & Horne, inbound calls increased by 20%. Consistently growing their sales and property management client base over the ensuing years culminated in a merge with Century 21 Gosford in 2013 and the opening of a new office at East Gosford after acquiring Starr Partners last month. The acquisition also gave Geoff and Sue the ideal opportunity to offer their daughter, Katie and son-in-law, Kristian Bingham greater leadership opportunities in the family business. Katie is a former People and Culture Consultant with Westpac and Kristian is a marketing and real estate sales specialist. Katie was also recently named Raine & Horne 2018 National Rookie of the Year for Property Management, a testament to her idea of creating Business Development and Relationship Management roles in property management as well as treating tenants as clients.
Left to right: Geoff and Sue Tilden and Katie and Kristian Bingham Other notable points of difference in the Tildens’ real estate business include: • An exceptional workplace culture – they attract top talent and have a very low staff turnover, which is unusual in the industry. • All salespeople work together rather than in competition with each other to sell properties. The size of their team also means they can afford to have more staff working on each property. Both factors result in lower than average days on market. • World-class technology, including cloudbased property management systems, innovative digital property marketing and real time reports for vendors. • A focus on continuous improvement for all staff. • A strong commitment to community service, such as sponsorship of and hands on support by all staff for the Central Coast’s Free Trade Day initiative. • Retaining customers long-term through consistent ongoing communication. Geoff is still involved in commercial industrial sales, particularly specialised
projects (he was responsible for selling the Bunnings site at West Gosford to property developer, Tony Denny for the development of his car museum). He also continues to list and sell residential real estate and has achieved some impressive sales records in recent years. In terms of the local market, Geoff said we are going through a period of adjustment on the back of falling Sydney prices and tightened lending policies. “We’re basically a suburb of Sydney now so when Sydney experiences a downturn, we’ll feel it three months later,” said Geoff. But despite a softening market, Sue said, “Sydney buyers seeking a lifestyle move to the Central Coast, which is the majority of our buyers today, will continue to drive long-term demand for our real estate.” For the foreseeable future, Geoff and Sue are thrilled to continue doing what they love. For the foreseeable future, Geoff and Sue are thrilled to continue doing what they love. Now with a second agency and the next generation on the leadership team, the Tilden family’s ongoing service to the Central Coast community is assured.
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BUSINESS NEWS
New planning controls for Gosford City THE OCTOBER MEETING of the Gosford/ Erina Chamber of Commerce was the setting for the Minister for Planning and Housing, Anthony Roberts to announce that a suite of new planning controls would ensure the future of the City of Gosford. Over 220 business leaders turned up to hear what was in fact a historical occasion as never before had such a far reaching announcement been made in respect to the future of Gosford. Following more than a year of consultations the Minister said that the NSW Government had listened to the Central Coast community’s comments and ideas and incorporated them in a final series of measures that will pave the way for the Gosford of the future. “People had different views on how it should be achieved but the message was loud and clear on one thing: revitalisation of Gosford needs to happen and it needs to happen now,” Mr Roberts said. “Today we are putting in place the framework to drive further investment, attract new residents, business, tourists, cultural activity and jobs to Gosford,” he said. “We have addressed many of the issues raised by community stakeholders and we want these same stakeholders to be involved in the delivery of the revitalisation plans.” Design-led, place-based revitalisation process. Acting NSW Government Architect Olivia Hyde said the final Gosford City Centre Urban Design Framework (UDF) maps out a design-led, place-based revitalisation process that focuses on public domain renewal. “The place-based approach recommends focus on the delivery of attractive public places and the activation of these spaces as well connectivity between the three core areas of Gosford City Centre,” she said. “City North focuses on connecting the greatly expanded Gosford Hospital to the city across the rail corridor, to spread the benefits of the $400m investment into the development of the health and education precinct. “City South makes stronger links between the city and the waterfront parklands to draw together locals, land, culture, history and recreation in a beautiful parkland destination and Civic Heart – Kibble Park and surrounds, links the City North to the City South.” Gosford City SEPP, DCP and SIC released The Government also released the final Gosford City Centre State Environmental Planning Policy (SEPP), Development Control Plan (DCP) and Special Infrastructure Contribution (SIC). These controls will implement the Government Architect’s Urban Design
Minister for Planning and Housing Anthony Roberts addressing the media prior to the Chamber of Commerce meeting. With him are Lee Shearer Central Coast Coordinator General, Lucy Wicks Federal Member for Robertson and Scot MacDonald Parliamentary Secretary for the Hunter and Central Coast Framework and ensure design-led, streamlined, flexible and efficient development for Gosford City Centre. In crafting the final controls, particular attention has been paid to the desire to protect sunlight access to public open spaces, including Leagues Club Field and Kibble Park, and views to Brisbane Water and the bushland of Rumbalara Reserve and Presidents Hill. The SEPP and DCP will provide greater protection against overshadowing because they introduce measureable performance standards that replace the purely subjective provisions in the current controls, which are open to interpretation. The SIC will collect contributions for infrastructure that supports growth as the revitalisation program continues to roll out, reducing the overall contributions from 4 per cent to 3 per cent of the cost of development, with 1 per cent to go to a new local contributions plan. $52 million for infrastructure confirmed Mr Roberts said, “the SIC incentivises development in Gosford and reflects the Government’s $52 million commitment to upgrade vital water and sewer infrastructure and public domain in the city centre. The SEPP will remain a stand-alone state policy until Central Coast Council completes its comprehensive Local Environmental Plan (LEP).
CCRDC to merge with Hunter Development Corporation The Government also unveiled the Hunter and Central Coast Development Corporation (HCCDC), a merged entity under the leadership of CEO Michael Cassel who has been instrumental in leading change and transforming Newcastle into a vibrant, dynamic and thriving hub of the Hunter Region. “As Gosford City Centre’s revitalisation transitions from planning to implementation, Mr Cassel today takes the baton from Coordinator General for the Central Coast Lee Shearer who has done a brilliant job bringing all stakeholders around the table to pave the way for the future Gosford,” Mr Roberts said. “When it comes to urban renewal and seizing opportunities to drive economic growth in cities, there is no one better than Mr Cassel.” Ms Shearer will now focus on the continued delivery of the many other priority projects of the Central Coast Regional Plan 2036 (Regional Plan) - the Government’s blueprint to deliver environmentally sustainable jobs, housing and connected communities on the Central Coast. The SEPP, SIC and DCP will commence operation on Friday 19th October 2018 when they are published on the NSW legislation website.
WHAT THE GOVERNMENT ARCHITECT SAID - PAGE 22
CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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EDITORIAL
Edgar Adams discusses local issues
Minister’s commitment ensures future for Gosford City This announcement will arouse a fit of THE OCTOBER MEETING of the Gosford apoplexy among our left leaning Labor / / Erina Chamber of Commerce was a sight Green Councillors who want to take the to behold. A record two hundred of the whole Coast back to the 50s, let alone Coast’s business leaders all came along Gosford City. to hear Minister for Planning, Anthony Only two days earlier at their 8th October Roberts confirm what many had dreamed Council Meeting these people who obviof but not quite expected such are the ously believe in fairies at the bottom of the politics that swarm around the Central garden voted against the planning controls Coast Council. that they had to know were a done deal. This Minister was determined to leave a The hypocrisy of the people is lasting positive legacy for the people of the beyond belief. Central Coast from the time he took office So at least the Mayor had the good in January 2017. sense to find something better to do His legacy will ensure the future of than come along to hear the Minister’s Gosford City as the Regional Capital of the announcement. Central Coast. And to do this he has put in Anyway, thanks to Minister Roberts and place planning controls that override the the State Liberal Government Gosford City Central Coast Council and ensure that serihas a future. ous investors will be taken very seriously. As he said at the Chamber meeting, Having said that, this could not have “there were people who had different views been achieved without the leadership of but the message was loud and clear that the person he appointed in March 2017 something had to be done.” to take control and implement the Central He also strongly made the point that at Coast Regional Plan 2036 with the specific least two generations of the Coast’s poputask of firstly ‘fixing’ Gosford. lation had been failed by those who had The appointment of Lee Shearer as gone before and held Gosford back from Central Coast Coordinator General was realising its true potential. a masterstroke as she was given all tools What is more and is so significant is that necessary to pull this off and she achieved the State Government is tipping in $42 milwhat many thought would be impossible. lion to fix the underground infrastructure Bringing Gosford City into the 21st cen(sewerage, water and drainage) that the tury against the backdrop of a recalcitrant Gosford Council of old never did. Think Central Coast Council is a major achieveabout it - $42 million. And on top of that ment and Mr Roberts and Ms Shearer have are funding the redevelopment of Kibble to be congratulated for pulling this off. Murrays_Erina-tamworth ad_small_update.pdf 2 2/17/15 10:24 AM
Park and Leagues Club Park to the tune of $10 million. As we move towards a 2019 State Election it is time for everyone on the Central Coast to reflect on what this government has done for the Central Coast since being elected in 2011. And while thinking about this reflect on the fact that all but the Seat of Terrigal is a Labor Seat. In Gosford City, held by Labor, this government has poured close to a billion dollars with a brand new hospital, car park and a Medical Research Institute. Although controversial at the time the new state-of-the-art Gosford Primary School has replaced the ancient one where the Tax Office and the new Financial Services Building now stand. And then we need to look at the billions that have been spent across the Coast on roads and other infrastructure like schools, fire stations etc. Under this Government the Coast in the last seven years has been seen unprecedented investment by this Liberal Government. Edgar Adams Editor
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
BUSINESS NEWS
Lasercraft’s vision lives on as it celebrates 30 years LASERCRAFT AUSTRALIA, THE Central Coast’s oldest and most successful business providing supported employment for people living with physical and intellectual disabilities, celebrated 30 years in business last month. Set up to be a sustainable business while providing meaningful work for disabled people Lasercraft from its inception set out to build a business based on a relentless commitment to quality, service and design innovation in manufacturing trophies and awards and become Australia’s leading trophy specialist. While there have been many supporters over the last 30 years the guiding lights through most of that time were the founders Peter Robson who only retired as Chairman a few years ago, and John Leddy who was General Manager and retired a few years before that. It was their idea to acquire laser precision engraving machines that were a brand new technology and train a team of disabled employees to manufacture awards and business products of the highest quality and design. The idea was a huge success and over the years Lasercraft counted blue chip companies such as Qantas, 3M, CommBank, Ford, Mercedes-Benz and many others as long term customers. Unfortunately, like many new technologies the machinery got cheaper and easier to acquire and eventually competition drove prices down to a point where customers accepted a lower quality standard and lower prices.
Lasercraft Chairman Peter Bayley addressing guests To their credit Lasercraft have all along maintained their quality standards and remain in the market place however they have introduced new services to support their workers. The services include; mail fulfilment and distribution, clean room packaging, collation of products and warehouse services. Lasercraft have supported over a hundred people since starting, many of whom have been with the company from fifteen to twenty years. Speaking to staff and friends at a function to celebrate their 30 years Chairman Peter Bayley spoke enthusiastically of Lasercraft in fulfilling the vision of the founders. As he shared the goals of Lasercraft to grow the business to support more disabled
Lasercraft products employees, he described the genuine difference Lasercraft makes to individual lives. He urged everyone to visit Lasercraft to see the smiles on the faces of their supported employees as they engaged with their peers and relished the opportunity to be productive members of the community.
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BUSINESS NEWS
Software developer expands CLOCKON, THE UMINA based software developer of rostering, attendance and payroll systems is expanding and has leased space in the Riverside Office Tower at West Gosford. ClockOn is another Central Coast IT success story. The concept of developing an affordable time and attendance, rostering, HR and Payroll system for small business came from Dr Graham Mylne and with a Federal Start-Up Grant almost twenty years ago founded ClockOn operating it from his home in Umina. With continued research and development over the years ClockOn software has evolved into a sophisticated product range providing employment software customised to individual employees and their unique awards and agreements. ClockOn now employs fourteen staff, 390 clients and 23,000 users across Australia including pharmaceutical companies dentists and medical centres, hotels and clubs and supermarkets. Last year the company reached a point where they saw that to grow further they needed to employ a CEO and appointed LNV Samy a senior executive with thirty years’ experience in the IT industry. Their next step was to move into an office space that would allow the company to almost triple its workforce as part of a new growth strategy that includes a global outlook. Their growth plans required an investment of $400,000 and this has been facilitated with a Regional Growth Loan from the Jobs for NSW that provides financial support to start-ups and emerging and fast-growth small to medium enterprises to build momentum and grow jobs. With State Government support ClockOn plans grow from 9 fulltime equivalent posi-
Hon Taylor Martin MLC, LNV Samy – CEO ClockOn, Dr Graham Mylne – Founder and Chairman ClockOn, Lucy Wicks MP – Member for Robertson, Sung Kim – Jobs for NSW, NSW Government tions to 30 fulltime equivalent positions including software developers and digital sales and marketing positions. At the opening of the Riverside office in early September attended by Federal Member for Robertson Lucy Wicks MP and the Hon Taylor Martin MLC, Mr Martin said, “ClockOn is a fantastic example of how the NSW Government is supporting enterprising businesses on the Central Coast.” “Jobs for NSW is not about giving out handouts but rather making smart investments that allow good business ideas and good businesses to grow.” Dr Milne said, “The assistance from Jobs for NSW has allowed us to enhance our products to meet market demand and accel-
Reception area at ClockOn’s new office erate our growth. By developing our digital sales and marketing team we will be able to increase our presence in interstate and overseas markets and grow our customer base.” “With the Jobs for NSW support, ClockOn will look to develop partnerships with other key industries to develop more export opportunities. We aim to target overseas markets including the United Kingdom, United States and India.”
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BUSINESS NEWS
Full house for Coast Opera Australia’s Debut Concert COAST OPERA AUSTRALIA, the Coast’s first professional Opera Company, held their Debut Concert in early September to a full house in the Parkview Room Concert Hall at the Central Coast Leagues Club. Billed as An Exquisite Night of Musical Brilliance over 300 people (full house) experienced a combination of musical artistry not seen on the Central Coast before with a professional full orchestra of over forty musicians, four acclaimed international principal operatic artists and twelve of Australia’s finest Principal Ensemble members including some of our local Emerging Artists all supported by one of Opera Australia’s most exciting new operatic conductors, Luke Spicer. Principal operatic artists included Jose Carbo, Sally-Ann Russell, Ayako Ohtake and Caleb Son singing a compilation of traditional operas ending with a full company edition of Puccini’s famous Nessun Dorma to a standing ovation! Commenting on the performance Coast Opera Australia’s Artistic Director/ CEO and Professional International Operatic Singer in her own right, Angela Brewer said, “Coast Opera Australia is delighted to lead the way as the Coast’s first Not for Profit Professional Opera/Arts company. For years many of our local professional artists including Singers, Instrumentalist, Set Designers, Costume Designers, Directors and many others had to leave the Coast for work and those professionals working in Sydney or overseas had no reason to come to the coast for work. I had to do this
Jose’ Carbo’ sings Toreador with orchestra conducted by Luke Spicer in the Parkview Room at Central Coast Leagues Club myself to work at the Sydney Opera House. Now I can proudly say we can offer work at the top level here by our gorgeous Gosford waterfront. I look forward to bringing our Arts community together and supporting the development of the new Regional Performing Arts Venue and using this space in the very near future.” Commenting on the evening Central Coast Leagues Club CEO Peter Blacker said, “Our Club was very excited to host Coast Opera Australia’s inaugural production. While our Park View Room is a little dated, you cannot take away its great acoustics. It complimented the wonderful voices of the COA company.
“The production highlighted the appetite for professional Opera and perhaps other shows on the Coast with over 200 attending. We cannot wait for their next production.” “I would also like to congratulate Angela Brewer on the wonderful work that she has undertaken to pull this together and Central Coast Leagues Club is proud to be a supporter in the success of Coast Opera Australia,” he said. Coast Opera Australia is also supported by Central Coast Lexus Stay tuned to ABC Radio 95.2fm, www. CoastOperaAustralia.com and Coast Opera Australia FB page for Coast Opera Australia’s 2019-2020 Season Release in January.
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YEARS
BUSINESS NEWS
Another winning year for Stevens Constructions ERINA BASED COMMERCIAL builder Stevens Construction have had another successful year at the 2018 Master Builders Association’s Newcastle Excellence in Building Awards held at West City Newcastle in early September, taking out two top Awards. Winning MBA awards has become an annual event for Stevens having won the Commercial Building under $10 million Award for the Element building at Erina in 2017 and the Public Buildings over $6 million for the Central Coast Grammar School’s Performing Arts Centre in 2015. This year Stevens had two entries, Rockpool apartments at Terrigal and Aurrum aged care facility at Erina both of which got them the top award. Rockpool in Ash Street Terrigal won in the category Commercial Projects - $9million to $15million with the judges commenting; “Rockpool is an exciting new Development in the seaside township of Terrigal. Comprising retail space along with 20 luxury units, the building is designed to take full advantage of ocean views and the town Centre. The Project included a high quality fitout throughout. Stevens Construction is to be commended for the consistent attention to detail and finishes throughout the project. Aurrum on Terrigal Drive, Erina won in the category Aged Care / Medium Density Developments with the judges commenting; “Stevens Construction constructed a stand-alone aged care facility of 71 new Luxury suites of exceptional quality, similar to that offered by a luxury hotel. Difficult
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site constraints and the unique geometry of the building’s footprint were among the challenges the builders had to overcome. Despite complex works being added throughout the construction, Stevens Construction successfully met the client’s requests and delivered an outstanding project on time and within budget. Stevens Construction Directors Steve Mailey and Jason Lewis said, “these awards mean a lot to us, they show the dedication and commitment of our team to deliver a quality project on time and on budget and exceeding our clients’ expectations.”
“We are proud to announce that Aurrum Erina and Rockpool Terrigal have been nominated for an award in the prestigious 2018 Master Builders National Excellence in Building and Construction awards to be presented at the Adelaide Convention Centre on Saturday 24th November 2018. Currently Stevens are in the fit-out stages of the Bonython Tower project in Gosford and also in the fit-out stages of Avanti Apartments in Terrigal. They have just commenced an assisted living project which will be a major addition at RetireAustralia’s Glengara Retirement Village Tumbi Umbi.
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BUSINESS BRIEFS
Trehy Ingold Neate announces merger are professional and values-driven companies. The merging of the firms is an exciting opportunity for the Central Coast. Over the past 50 years BW has developed a reputation for continuous commitment to sustainability, communication, innovation, quality and safety. This merger will allow us to strengthen our services and presence on the Central Coast and further develop relationships with New South Wales and Victoria based BW clients.
Trehy Ingold Neate Directors: Robert Polson, Kellie Hassab, Michael Neate (retired June 2018) and David Smith Tuggerah based land development firm, Trehy Ingold Neate (TIN) has announced a merger with Victorian based Beveridge Williams commencing October 2018. TIN Director, Kellie Hassab said, “This merger is an opportunity to strengthen our resolve to lead the industry in the region as a professional, values-driven multidisciplinary company. It also enables us to provide an expanded suite of services due to Beveridge Williams’s broader capabilities, which include surveying, civil engineering, town planning, landscape architecture, urban design, traffic engineering and land contamination assessments.” Trehy Ingold Neate’s history goes back almost 40 years when it was established by John Trehy and Peter Ingold at The Entrance, both retired some years ago. Michael Neate who joined the firm a few years later retired from the firm in June 2018 after 26 years. Ms Hassab will manage the Central Coast office and form part of the Beveridge Williams Executive Management Team and
will be the NSW conduit to the Melbourne head office. “You won’t notice much change other than a new name and logo, faster turnaround times and some added services. Robert Polson and Dave Smith will continue in their current roles and I will still be the initial point of contact for any new land development, planning enquiries and business opportunities. Robert for engineering and strata certification and Dave for survey matters. Established in 1962, Beveridge Williams has steadily grown to become one of the largest multidisciplinary land development and infrastructure consultancies in Victoria. In 2016 they expanded to New South Wales, with the acquisition of businesses in Sydney CBD and Miranda. They currently employ approximately 280 staff across all offices and now have a presence on the Central Coast through the merger with TIN. TIN and Beveridge Williams are both national award-winning consultancies and
Central Coast Leagues Club appoints Facilities Manager
Matthew Craig Central Coast Leagues Club has announced the appointment of Matthew Craig as Operations Manager – Facilities. The position is newly created and brings the Club’s facilities management in-house. A Bachelor of Engineering Mr Craig brings considerable experience to the position. He was formerly Engineering Manager at Sanitarium and prior to that Facility Manager at Mars Food and Facility Manager at SAB Millar’s Bluetongue Brewery.
Koolewong Marina features modern floating berths up to 30m, suitable for cruisers, yachts and multihull vessels. All berths offer shore power and fresh water, with 3 phase power available to larger vessels. • Marina Supervisor available for assistance 7 days from 9am to 5pm • Shore power up to 63 amps • Fresh Potable Water • Pump out Facility • CCTV and Secure gate access • Deep Water draft up to 5.5 metres • New hotel style amenities
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BUSINESS BRIEFS
Gosford Golf Club appoints new General Manager
Top awards for LJ Hooker Commercial Central Coast
Kieran Moran Gosford Golf Club has announced the appointment of Kieran Moran as General Manager. Mr Moran has been Director of Golf at the Club for the past fourteen months however he comes into the General Manager’s position with considerable management experience. Prior to coming to Gosford he was Operations Manager and Teaching Professional at Shelley Beach Golf Club after migrating to Australia from Scotland where he owned and operated a golf tour company, Moran Golf Tours for the past twenty years which he still owns but is now managed by his wife Kristy. Mr Moran said his priority is to increase membership and improve facilities for members of the Club. “Water and grass is what golfers want and the Gosford course needs more water. How we do it is something we need to address.” Mr Moran also said that the Club’s catering facilities can provide a new income stream if they target the new residents that the residential projects around Gosford is attracting.
Karen Pepper and Ty Blanch LJ Hooker Commercial Central Coast has taken out the Office of the Year – Sales Award at the LJ Hooker Commercial Conference held in the Hunter Valley in September. A the same time Principal Ty Blanch was on stage to receive the Agent of the Year – Sales Award from Mathew Tiller at LJ Hooker’s Head of Commercial Matthew Tiller. Topping off a night to remember for the Central Coast office Administration Manager Karen Pepper took out the Administrator of the Year Award.
The Awards are highly prestigious as they were competing against a network of 30 LJ Hooker Commercial offices across Australia.
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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BUSINESS NEWS
Local businesses take up Safety Challenge FIVE CENTRAL COAST businesses have taken up the challenge to find new ways to improve work health and safety after joining the 2018 SafeWork NSW Mentor Program. Adam Lowe Earthmoving, The Sandpiper Café and Tefco Engineering, Envy Automotive and Coastal Liner Coaches have Mark McGrath HSEQ Manager at Abergeldie been partnered with an Complex Infrastructure with Adam and Margot Lowe experienced business to stand the daily safety challenges small busihelp them improve work health and safety nesses face. Their knowledge and insight measures and injury management. can lead to innovative solutions to safety, Their mentors include Mark McGrath injury management and workers compenfrom Abergeldie Complex Infrastructure, sation issues.” Maria Hooker from Allied Mills, Alexander The SafeWork Mentor Program runs for Brownlie from Richard Crookes three to six months and involves a series of Construction, and Nathan Owens from site visits, advisory sessions and workshops. Eden Brae Homes. SafeWork also conducts free advisory and The program is an important opportunity education sessions across a number of for smaller businesses to learn about bestsafety and injury management topics. practice workplace safety and brings big Since 2006, almost 550 businesses and small businesses together, so they can across NSW have taken part in the explore different ways to manage workMentor Program. place safety. For further information on the program, Parliamentary Secretary for the Central visit http://www.safework.nsw.gov.au/ Coast, Scot MacDonald said, “These menhealth-and-safety/how-we-can-help/mentors are some of the country’s leading toring-program or call 13 10 50 health and safety professionals who under-
Bohemian Traders expands into menswear
Local fashion label Bohemian Traders have expanded launching their menswear label, Mister Bohemian going online in September and opening a boutique store at Erina Heights adjacent to their well-established womenswear store. Commenting on the move Bohemian Traders’ Director David Berlach said, “We’re really excited to have launched our menswear label Mister Bohemian. It’s a great companion to our existing labels in Bohemian Traders and Little Bohemian. We are aiming to cater to the whole family with our women’s, men’s and kids range, while fulfilling our brand promise of classic European cuts, modern bohemian style.” Following the successful re-launch of our women’s boutique at Erina Heights in late August 2018, opening CONTINUED ON PAGE 18
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
Contact Shaw Gidley Newcastle 02 4908 4444 Tuggerah 02 4365 3344 Contact James Shaw, Paul Gidley or Jeff Shute
NEWS
Tonkin Drysdale Partners celebrate 60 years on the Coast SIXTY YEARS AGO, on 13 July 1958, Philip Tonkin founded a legal practice in the sleepy seaside town of Woy Woy on the New South Wales Central Coast. Then called P.D Tonkin & Co., the world was a different place – television had been in Australia for only two years, the world watched as the USA and Russia raced to launch the first man into space, and P.D Tonkin & Co. had just one secretary, with Phil being the sole legal counsel. Tonkin Drysdale Partners has now grown to a team of more than twenty legal experts and is spearheaded by its four partners – Darrell Pannowitz OAM, Paul Tonkin, Paul Quinn and Lee Pawlak. Despite the enormous social, economic, cultural and technological changes over the past six decades, Tonkin Drysdale Partners has remained a constant supporter of the Peninsula community, keeping up with changing needs and demands whilst maintaining the core values in which it was founded. Managing Partner, Darrell Pannowitz OAM expressed the firm’s strong beliefs in client loyalty and community engagement, thanking those they have served over the past sixty years. “On behalf of the entire team at Tonkin Drysdale Partners, we’d like to give thanks to our loyal clients over the past sixty years,” said Mr Pannowitz. “We are very passionate about looking after our community and are proud to have built life-long relationships that transcend generations,” continued Mr Pannowitz. “Having worked in the business myself for 30 years, I have seen firsthand the benefit of supporting locals and families, representing people who now have children and grandchildren whom we now support,” he added.
Tonkin Drysdale Partners partners; Darrell Pannowitz, Lee Pawlak, Paul Tonkin and Paul Quinn The history of Tonkin Drysdale Partners continues to evolve as the team take on new and younger associates who are passionate about empowerment of good legal representation. “We are pleased to continue the Tonkin family line of valued solicitors with Philip’s son Paul Tonkin a partner and grandson Dominic Tonkin now a solicitor. We are also proud to foster young associates, legal secretaries and solicitors whom are passionate about working in the industry and supporting Central Coast locals,” added Mr Pannowitz. Since its inception, Tonkin Drysdale Partners has fostered a strong sense of community spirit, giving back to a wide range of community causes and organisations including the Central Coast Mariners,
Ocean Beach Surf Life Saving Club, Peninsula Villages, Everglades Country Club, as well as a range of sporting groups and not-for-profit organisations. “We take great pride in giving back to our community and it has been an honour to be involved with a number of great organisations. In the last 12 months alone, we have supported more than 30 organisations and initiatives,” said Mr Pannowitz. “We look forward to serving the community into the future with many more years to come,” concluded Mr Pannowitz. Tonkin Drysdale Partners provides legal services and advice across a broad range of fields including property conveyancing, litigation, estate planning, intellectual property as well as family, commercial, employment and criminal law.
Get results! ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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BUSINESS NEWS
Erina company launches new security tag for retailers JACLOC, AN ERINA based company that develops security solutions for retailers has launched a new security tag solution that is taking Australia by storm with groundbreaking technology that is helping retailers improve profits by cutting shrinkage (theft) by up to 72%. Concept Tag (pictured) has a revolutionary new locking mechanism that can’t be opened with magnets or hooks, and can withstand 50kg of force pressure, five times more than standard old-style tags. A recent trial by Glue fashion stores surpassed all expectations and represents one of Australia's largest and fastest store lossreduction successes in the last decade. Robert Bodill, Jacloc Founder and Managing Director said that shoplifters today use a hook or magnet device, legally available online from hundreds of sellers. These tiny items can be concealed in hand, and are used to open old-style tags in seconds, without a sound or disturbance to notify staff that it’s happening. These bootleg detachers are behind the increasing trend of in-store theft, costing retailers billions in stock loss each year. Mr Bodill co-founded his first retail security business in Melbourne in 2001 focusing on the Electronic Article Surveillance (EAS) market and within twenty-four months became the fastest growing security tag provider in Australia.
The Jacloc Table at the Retail Knowledge Awards in Sydney in August. Seated are Concept Tag Directors Martin Ross, Robert Bodill (Founder and Managing Director), Mark Stafford and Darren Jackson from BigW. Standing are guests from Afterpay, Kookai, Myer and Uniqlo In 2010 he sold his equity stake and moved to London to lead the growth strategy for InVue, a global manufacturer of display security merchandising for consumer electronic products, working with major brands such as Vodafone, Tesco, Sainsbury and O2. Having returned to Australia in late 2016, and now living on the Central Coast he recognised a gap in the local market and launched Jacloc with a range of above-
counter display security products to protect mobile phones and cameras. Never sitting idle, in 2017 Mr. Bodill started a new division, Concept Tag dedicated to protecting retail apparel items. In August 2018, Mr Bodill's Central Coast business was nominated for the prestigious 'Most Innovative In-Store Solution' at the Australian Fraud Awards presented by the Retail Risk Conference, the most attended loss prevention conference series in the world.
North opens Newcastle office
Bohemian Traders expands into menswear
Tuggerah-based construction company, North Construction & Building has announced that they have opened a new office in Broadmeadow to better serve staff and clients. Commenting on the move, North Managing Director, Tim Cornish North’s new office in Broadmeadow said, “given the growth be the foundation on which the entire of the company within the Newcastle business is supported. It’s what is built and Hunter Valley markets, developon with every project and every client. ing a local presence was a must. The North’s workforce is largely made up new location at Level 1, 163 Lambton of long term employees who know Road, is ideally positioned next door and understand what working with to the Master Builders Association of North means, and who share the Newcastle and the Hunter Business same values and goals. As such, it Chamber – both of which North is was paramount that the new office be a member. emblematic of the overall corporate “This new facility is well located culture and much effort has been allowing us to strengthen current relamade to ensure the design mirrors the tionships, develop new connections head office with an open, inclusive and involve ourselves directly in the floor plan, and company values dislocal community,” said Mr Cornish. played front and centre. The culture at North is considered to
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
a Mister Bohemian boutique was a natural extension of what we do.” We’re truly “for the modern bohemian” and the strip at Erina Heights is really humming. Our 2018 season has been doing well online and in store, so we’re excited to be able to add to our Central Coast offering with the launch of a dedicated Mister Bohemian bricks and mortar shopfront, again at Erina Heights.” “We think there is a space for classic menswear (think amazing cuts, quality linens; simple but refined basics for the modern bohemian man) on the Coast and are positive about the next 12 months. This will cap off a huge year for Bohemian Holdings, having renovated our new offices, expanded our warehousing and opened 2 new boutiques in 2018, all of which is setting us up for continued growth into 2019,” said Mr Berlach.
PROPERT Y
Sydney investors buys in Gosford CBD
Office suites in Mariners Centre of Excellence Tuggerah sold
A building certification company has bought Suites 502 and 503 with a total area of 241 sqm in the Mariners Centre of Excellence, 1 Bryant Drive, Tuggerah. Price paid was $850,000 plus GST. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale. A Sydney investor has paid $3 million (GST not applicable) for a retail investment at 2 and 2A Watt Street, Gosford, opposite Gosford Post Office and the Imperial Centre. The two lot property comprises a 609 sqm vacant site and adjoining retail site of 701 sqm on the corner of Watt Street and Erina Street with eight retail shops and upstairs offices. Net Lettable Area of the retail shops is 493 sqm and office space is 164 sqm.
Tumbi Umbi commercial unit sold An occupational therapy practice has bought Unit 1, 14 Clare Mace Crescent, Tumbi Umbi paying $472,500 (GST not applicable).
Get results! ADVERTISE YOUR PROPERTY IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au
The property was offered on the basis of a potential income of $191,118 per annum when fully leased while current gross income is $166,118 per annum and net income $119,844 per annum giving the buyer an immediate return of 5.5% and potential return of about 6.4% per annum. The property was built about 40 years ago. Anthony Scarcella from LJ Hooker Commercial Central Coast negotiated the sale.
The 200 sqm unit comprises office and reception with mezzanine and ducted air conditioning. Ty Blanch from LJ Hooker Commercial Central Coast negotiated the sale.
Berkeley Vale industrial site under option A Melbourne based developer looking for a site on the Central Coast for an existing client has taken an option over Lot 2, 10 Corella Close, Berkeley Vale for a purchase price of $3.75 million with the intention of building a warehouse of around 6,000 sqm. The 2.5 hectare property, zoned IN 1,on the corner of Enterprise Drive and Corella, is flat and cleared and adjoins major industrial companies Sanitarium, Linfox and Masterfoods. A Development Approval for three freestanding buildings on the site is current. The sale is being negotiated by Brad Rogers from Raine & Horne Commercial in conjunction with Ben Byford from CBRE.
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CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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PROPERT Y
COMMERCIAL AND INDUSTRIAL PROPERTY FOR SALE/LEASE
FOR LEASE TUGGERAH - GROUND FLOOR OFFICE! - FLEXIBLE AREAS!
BERKELEY VALE – HIGH CLEARANCE FACTORY!!
FREEHOLD industrial property. Approx. 607m2 factory & office. Good roller door height & natural light, 3 phase power, 2 showers, 2 toilets, set in a ‘private’ location. Close to the Sydney - Newcastle M1 Motorway, Tuggerah & Ourimbah Railway Stations. FOR SALE – Expressions Of Interest.
Flexible sized office areas available, 20m2-200m2 (approx.) of fully fit out, ground floor office space with ample parking. Central location in Tuggerah Business Park & close to the M1 Motorway. Bonus 30m2 (approx.) private courtyard. FOR LEASE – Contact Agent Ty Blanch
GOSFORD - REFURBISHED OFFICE
ERINA - SHOWROOM & EXTENSIVE STORAGE YARD 320m2 showroom with mezzanine/storage area with an external storage yard. Battle axe designed development with signage exposure to Central Coast Hwy, Erina. Mezzanine, office, roller door, shower & vehicle access. FOR LEASE $35,000 Gross PA + GST
WYONG INVESTORS NOTE
Guaranteed 10% rental for 12 months. Choose a sized that suits your needs and budget. FOR SALE priced from $92,239 + GST
ERINA - MODERN WAREHOUSE
Approx 109m2 in size + mezzanine. Very clean & tidy unit. Modern tiled reception area. Shower & toilet. Very handy location in secure complex. FOR LEASE $26,000 Gross PA + GST
HIGH PROFILE LOCATION - OPPORTUNITY KNOCKS
Prime Main Rd Exposure. 377 m2 approx. Suit Offices, Retail, Showroom/Bulky Goods. Right in the Heartbeat of Erina CBD. FOR LEASE $87,000 Nett PA + GST
GOSFORD - PROFFESSIONAL OFFICE SPACE
Prime CBD location. Approx. 659.3M2. Close to bus & train terminals. Well maintained building. Ducted air-con. Lift access to undercover security car parking (additional cost). NBN ready. FOR LEASE $260 sqm Nett + GST
BERKELEY VALE - UNDER CONSTRUCTION!
FOR SALE
PROPERTY OF THE MONTH
Last chance, 1 industrial unit left! Best position from the train line to the coast. 168m2 high clearance secure complex. FOR LEASE $450pw + GST
WOY WOY - RETAIL SHOP
This full glass front retail shop is approx. 100m2. Set up your business in the heart of town & benefit from the passing foot traffic. Woy Woy Rail is only a minute walk from this premise. Ladies & Gents bathrooms inside the shop along with kitchenette. FOR LEASE $43,300 Net PA + GST
FOR SALE
Situated on the Ground floor for easy customer, client & disabled access. Zoned B4 Mixed Use this office space features; Reception area, 2 large offices in addition to a separate board room, ample phone/IT ports & NBN is available. FOR SALE $280,000 + GST
GOSFORD - GROUND FLOOR RETAIL IN CBD WITH PARKING This retail shop is situated in the “Park Plaza”. Features Net lettable area 106m2 approx. Exhaust system & grease trap. Air con & amenities. B4 zoning & 2 car spaces. Close to the Imperial Shopping centre & train station. FOR SALE $530,000 + GST
SOMERSBY - Brand New Warehouse
Brand new unit approx. 108m2 on the ground floor with kitchenette & disabled bathroom incl shower. Mezzanine approx. 20m2 plus a fenced & concreted courtyard at the rear approx. 35m2. 3 phase power, automatic roller door & 1 car space FOR SALE $349,000 + GST
TUGGERAH - SUPERIOR INVESTMENT!!
NORTH WYONG - PRE CONSTRUCTION RELEASE
WYONG – INVESTORS NOTE!
WARNERVALE - 12 QUALITY INDUSTRIAL UNITS
This investment opportunity represents all the blue chip benefits you could ever want within a freehold, Torrens Title property. Fixed increases to rental for 8 yr. return, (anchor tenant ‘Anytime Fitness’). FOR SALE – EOI Closing 8/10/2018 Guaranteed 10% rental for 12 months. Choose a sized that suits your needs and budget. FOR SALE priced from $92,239 + GST
Visit our website for additional properties and more information centralcoast.ljhcommercial.com.au
3 units available. Unit 1 & 2 approx 113m2 each. Unit 3 approx 173m2. High clearance warehouses with ceiling height 6m–6.5m. Disabled bathroom with shower plus kitchenettes. Auto roller doors. 3 phase power & car parking space. Flexible B6 zoning. FOR SALE - Contact Agent Karen Aubrey Arguably the best position on the Coast. Get in quick to avoid disappointment. 3 FOR SALE Priced from $282,000 + GST
Suite 401 / 1 Bryant Drive, Tuggerah NSW 2259 87 Mann Street, Gosford NSW 2250
Phone 4353 7700
• Outdoor & Building Signs • A-Frames, Banners & Flags • Vehicle Graphics & Magnets • Indoor & Exhibition Signs
Bann ers
• Full Colour Digital Printing • Lasercut Letters • Boat & Trailer Graphics
FOR SALE- $1,300,000
FOR SALE - $1,600,000
Outstanding Avoca Beach Investment!
Exceptional Avoca Beach Café Investment!
20/172 Avoca Drive, Avoca Beach
Long established tenant in place Rental income $81,009.50 3% annual increases
1/177 Avoca Drive, Avoca Beach
Outstanding income Long term tenant in place Heart of Avoca Beach
le Vehic
ps Wra
• Lightboxes & LED Signs • Retail Shop Fronts • Expo Signs & Displays • Business Cards & Flyers • Safety & Real Estate Signs
3D Signs
Mon - Fri: 8.30am - 5pm
Brad Rogers 0459 921 122
Brad Rogers 0459 921 122
CALL FOR A
tuggerah.signarama.com.au
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Unit 16/10 Pioneer Ave, Tuggerah Business Park
PROPERT Y
Western Sydney buyer for Somersby industrial lot
14 RENWICK ST, WYOMING FOR LEASE $39,500 PA Net + GST
DA approved commercial cottage for two (2) health professionals. Fully refurbished, freestanding commercial cottage of 102sqm on a large 879sqm block, providing ample parking and easy access. Convenient location among numerous health professionals and close to local aged care facilities, retirement villages and the Public and Private Hospitals. Call today for an inspection.
UNIT 4, 188 MANNS RD, WEST GOSFORD FOR LEASE $28,080 PA Net + GST
High exposure with Manns Road access this Besser block construction has a total area of 234sqm (approx). Shared lockup yard, showroom and office amenities. Plenty of on-site parking.
UNIT 9 / 1 1 DONALDSON ST, WYONG
FOR LEASE
Great little industrial unit Wyong. 120sqm net lettable area includes a small Office/Reception area, high clearance roller shutter, high internal clearance, 3 phase power, shower, toilet, kitchenette and on-site parking. Great price at $19,500.00 + Outgoings + GST don’t miss out.
20 DONALDSON ST, WYONG $900,000 + GST
FOR
A Western Sydney industrial business has purchased a 2.52 Ha lot at 244 Wisemans Ferry Road, Somersby with plans to relocate to the Central Coast. Price paid was $2 million plus GST or $80 per sqm plus GST. Zoned industrial 1 the block is raw
SALE
Level Industrial block on the corner of Donaldson Street and Palm Tree Road, approx. 4,000sqm & zoned IN1 General Industrial. Suitable for a wide variety of uses perfect to develop industrial units or build a purpose-built factory/warehouse to occupy.
Contact:
Mark Davies 0422 442 858 Daniel Mason 0403 889 530 Chris Watson 0402 430 213 Prices shown with * are inclusive of GST.
4325 0208 83 MANN STREET, GOSFORD 2250 www.chapmanfrazer.com.au
Somersby investment property sold off market with 6.7% return A private investment consortium has purchased off-market a property at 10 Pile Road, Somersby paying $3.08 million (GST not applicable) providing an initial net return of 6.7% per annum. The property comprises a 1,595sqm industrial factory building with extensive
SPECIALIST MEDICAL & PROFESSIONAL SUITES
For further details please contact Julie Davies on 4355 5111
hardstand on a 5,729 sqm triangular lot with private road access to Pile Road. It is leased to Price Chemicals on a 7 year lease. The property last traded in February 2017 for $2,132,000 (Source: RPData) Brad Rogers from Raine & Horne Commercial negotiated the sale. Community group acquires Tuggerah strata unit The Elderslee Foundation has acquired offmarket Unit 2 at 160-162 Pacific Highway, Tuggerah paying $1.950,000 plus GST. The 1,096sqm property was bought with vacant possession and is part of a two lot strata. Brad Rogers from Raine & Horne Commercial negotiated the sale
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
uncleared land with a gas easement running through the middle. It has a 86 metre frontage to Wisemans Ferry Road and a depth of 470 metre on the longest boundary. The sale was negotiated by Brad Rogers from Raine & Horne Commercial.
Retailer expanding buys at Charmhaven
Retailer, Australian Selective Gift Pty Ltd has paid $380,000 plus GST for Unit 6 of 261sqm at 2 O’Hart Place, Charmhaven. Brad Rogers from Raine & Horne Commercial negotiated the sale CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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CO N T I N U E D F R O M PA G E 7
What the NSW Government Architect said REVITALISATION OF GOSFORD City Centre as the capital of a healthy, prosperous and connected Central Coast, is a key Ministerial priority of the Central Coast Regional Plan 2036. The measures aim to facilitate investment in the city to attract new residents, business, tourists and cultural activity to allow Gosford to fulfil its enormous potential as the vibrant, thriving and liveable capital of the Central Coast. The Government Architect’s final Gosford City Centre Urban Design Framework (UDF) maps out a design–led, place-based revitalisation process that focuses on public domain renewal. The UDF has been a collaborative process that has involved consultation with the community and stakeholders. It builds on previous design work for the Gosford City Centre, including the Our City, Our Destiny – Gosford City Centre Masterplan which was prepared by the then Gosford City Council (now part of Central Coast Council). The place–based approach promotes design excellence in the development and connectivity of three core areas of Gosford City Centre: • City North focuses on connecting the greatly expanded Gosford Hospital to the city across the rail corridor, to spread the benefits of the $400m investment into the development of the health and education precinct. • City South focuses on linking the city to the waterfront parklands to draw together locals, land, culture, history and recreation in a beautiful parkland destination. • Civic Heart – Kibble Park and its surrounds focuses on Gosford’s beating heart that links the City North to the City South. The SEPP will establish the statutory controls that recognises the state–significant importance of Gosford as a regional capital. The DCP provides the detailed objectives and controls to support the SEPP. The final SIC will collect contributions for infrastructure that supports growth as the revitalisation program continues to roll out, reducing the overall contributions from 4 per cent to 3 per cent of the cost of development (with the SIC collecting 2 per cent and the local contributions framework collecting 1 per cent). The current situation There have been several ad hoc responses to support revitalisation in the city centre including sporadic development of new buildings, largely in the residential market concentrated around the fringe of the city centre itself. There remains a run-down appearance in the buildings and vacant shops, with poor CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
Over 220 members and guests attended the Gosford/Erina Chamber of Commerce October meeting. quality public domain and way finding, poor pedestrian amenity and poor connectivity with surrounding areas. The Urban Design and Implementation Framework (UDIF) for Gosford City The Government Architect says great places and cities don’t happen by chance. They are designed and continue to be designed to manage their transformation over time. The need for a UDIF has arisen from the growing consensus that a vision needs a framework for implementation. The implementation of strategies and recommendations will enable the urban design outcomes to be delivered. The Urban Design and Implementation Framework (UDIF) will help to shape the continued development and renewal of the Gosford City Centre and support implementation of the Central Coast Regional Plan 2036 vision for Gosford. The UDIF will provide a series of recommendations regarding the design of places and spaces to support delivery of the vision for Gosford City Centre. It will also provide recommendations relating to governance, infrastructure and other matters that will be critical to the ongoing urban renewal and quality outcomes for Gosford. By providing an integrated design approach, we can collaboratively create the framework for the delivery of great places, spaces and buildings that attract and retain residents, jobs, tourists, and further investment. The UDIF is a design-led methodology, balancing multiple and sometimes competing agendas. It is for all agencies, levels of government, industry and the community to plug in to for action. It builds on the vision of the regional plan, which has consensus. We need to synthesise and ensure action starts now to deliver tangible outcomes for the community. It provides an implementation plan to guide rejuvenation, growth and foster good design and a high quality public realm.
The three places which the UDIF will plan in the most detail are: • City Centre heart: Kibble park and The Civic Heart. • City Centre north: the health and education precinct • City Centre south: the waterfront The Government Architect has issued a Place Report for each. City Centre Middle: Kibble Park The Civic Heart Minister Roberts announced the first stage of the Gosford Revitalisation Plan in late April along with the Government Architect’s Place Report 1 – The Civic Heart. The Report says that capitalising on government and private sector investment in Gosford will strengthen its role as the regional capital and benefit current and future residents of the entire Central Coast. The potential of Gosford The city of Gosford has enormous potential. The structure of the city has all the ingredients to be a successful regional capital. The reality on the ground is not as favourable. Public investment is needed to change the reality of Gosford. Role of Gosford Gosford’s role extends beyond the immediate towards a local, regional and state context. Its role as a regional capital brings with it aspirations, including: • Civic and Cultural role as the heart of city centre with the provision of services for a regional city providing employment and residential • Prominent commercial core functions – professional services, civic services (such as banks, police, court house, government agencies, Council, or regional library facilities) • Consolidation of government and professional services • Accessible city that is the focus of efficient movement of networks
BUSINESS TIPS
What’s on the line for business owners?
By Nathan Corrigan, Account Manager, Insurance House Central Coast
THE FAMILY HOME, personal investments, reputation are to name but a few. With countless state and territory laws that impose personal liability on directors, a company’s breach of these laws can have an injurious effect on the business, your employees, you and your loved ones. Company directors are coming under increased scrutiny from government regulators, institutional investors and shareholders putting untold pressure on the director to ensure their duties and obligations are carried out meticulously.
The majority of SME company directors conduct themselves with the best intentions at heart, but sometimes this is just not enough. The reality is SME directors devote their time to what they do best; servicing their customers, manufacturing quality products, etc. Often leaving little if any time for corporate governance. The old adage ‘she’ll be right mate’ is no longer ringing true as even directors of well-managed and successful businesses are not immune from the threat of costly litigation or the imposition of civil penalties. Issues can arise from: • shareholders alleging misrepresentations in financial statement; • allegations by competitors for defamation, infringement of patent and restrictive trade practices; • inquiries by authorities such as ASIC or the ACCC for the breaches of the Corporations and/or Trade Practices Acts. But it doesn’t stop there as being an employer adds another level of complex-
ity to the risk. You and your corporation need protection from litigation stemming from allegations of harassment (sexual or otherwise), wrongful termination, discrimination (age, race, sex, pregnancy or otherwise), failure to promote, to name but a few. It is becoming an all too often occurrence with the broadsheet making a trade out of these matters. David Jones, Air Services Australia, and other headliners are well known to the public. But if you look at the basis of these allegations, they can apply to any business and quite often do without the directors’ knowledge. With majority of businesses not having Directors’ & Officers’ or Management Liability cover, surely it’s worth making the phone call to your Insurance Broker to ask how they can help to protect against this risk … after all it’s yours and your families livelihood that is on the line. If you would like to discuss the risk to your business further, you can contact Nathan Corrigan on 02 8913 9137.
Get results! ADVERTISE IN CCBR For further information phone 4367 0733 or email info@ccbusinessreview.com.au CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
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BUSINESS TIPS
Mind your Business: How much is your business worth?
By Troy Marchant, Director, Robson Partners Chartered Accountants
You don’t have to be buying or selling a business to benefit from knowing what your business is worth. Your value might ignite a new ambitious yet achievable growth plan, and that’s always a good thing. It’s a sad truth that around 80% of small businesses don’t end up selling. But a small business should – and can - be the best
asset you ever own, returning in some cases 20-30% annually. This means it will outperform property and shares all day long, however when comparing relative liquidity, and the path to retirement, property and shares do have an advantage. The first thing to do for your business value is set a goal. If you want to move a business from say, $1m value to $2m in value, you need to set goals that drive strategic business value. Traditionally EBITDA (Earnings Before Interest Tax Depreciation and Amortisation) is a good business measure, driven by activities which produce income, reduce costs and more. At this stage of the Financial Year, it is important to articulate the financial goal for your business and, with your team, collectively keep your eye on the prize. Next, plug the leaks. Review the financial statements of the last 12 months and iden-
tify costs that can be reduced, reorganised and refined. Also find ways to make your balance sheet work harder. Are you investing your profits in the right place? This might increase your investment value by up to 3-10%, bringing in diversified investment returns. Lastly, re-balance your budget. Make sure your budget is in top shape, and that your team takes responsibility for their respective sections. Reward efficiencies, celebrate wins and make growth part of your business culture. The value of your business hinges on the profits you make and an estimate of future cashflows. A true valuation can be an intricate process, with many intangible assets to consider. Always get expert advice, ask your accountant for past examples and do your own desktop research. Most importantly, have a plan, set a goal and go for it!
Employers Beware – Court opens the door to casuals double dipping
By Warwick Ryan, Partner, Hicksons Lawyers
It has long been understood that casual employees are paid a loading to cover entitlements that usually only permanent employees get, such as annual leave. In finding that a casual mining employee was entitled to be paid in lieu of annual leave upon the termination of his employment the Full Federal Court has potentially opened the door to regular and systematic casual employees gaining access to these entitlements and arguably double dipping in the process. In a decision [1] that has sent shockwaves through employment circles the Full Federal Court last week opened the door to casual employees being entitled to annual leave (and potentially other leave) entitlements. If you think that sounds like double dipping you’re not the only one to react that way. The all important facts: The employer, WorkPac operated a labour hire busi-
CENTRAL COAST BUSINESS REVIEW OCTOBER 2018
ness. It employed Mr Skene as a casual dump-truck operator. He was assigned to work at a coal mine operated by Rio Tinto in central Queensland. He worked a pattern of 12.5 hour shifts on a 7 days on, 7 days off continuous roster arrangement with his roster being set each year for the remainder of the year. He was employed on this basis from July 2010 until his employment was terminated for conduct issues in April 2012. He did not take any annual leave during this period. He was paid a flat hourly rate (which at the time of termination was $55 per hour). At the time of engagement Mr Skene was given a ‘Notice of Offer of Casual Employment’. He also executed a document entitled “Casual or Fixed Term Employee Terms & Conditions of Employment”, however, this document did not specifically define or describe Mr Skene to be a casual employee - although it seemed to be accepted by Mr Skene that WorkPac regarded his employment as casual. Nor did WorkPac specifically allocate any part of the rate of pay to a casual loading or as monies paid in lieu of annual leave. On termination Mr Skene claimed he was a permanent employee entitled to a payment in lieu of annual leave. This was resisted by his employer on the basis that he was a casual employee.
Mr Skene was successful. Like any decision the impact of the Workpac is likely to be confined to its fairly unique facts but it has nonetheless set alarm bells ringing and is a timely reminder to employers to think very carefully about how they engage employees. Implications for employers: All employers who employ casual workers need to be aware of this decision and review their engagement processes to ensure they are not at risk of being hit with a significant unexpected liability for leave entitlements. To avoid these kinds of liabilities it is recommended that employers who engage casual workers ensure that: • the basis of engagement is made very clear at the outset • the method of calculation of any casual loading and what it is intended to cover is also made very clear • rosters are only set a short period in advance and do not give rise to regular and systematic hours or patterns of work • the nature of the engagement be reviewed regularly and if an employee is working hours more consistent with permanent than casual employment that consideration be given to converting them to permanent employees.
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FUNNY BUSINESS
MURPHY APPLIED FOR an engineering position at an Irish firm based in Dublin. An American applied for the same job and both applicants having the same qualifications were asked to take a test by the Department Manager. Upon completion of the test both men only missed one of the questions. The Manager went to Murphy and said. “Thank you for your interest, but we’ve decided to give the American the job” Murphy: “And why would you be doing that? We both got nine questions correct. This being Ireland and me being Irish I should get the job!” Manager: “We have made our decisions not on the correct answers, but on the question you missed.” Murphy: “And just how would one incorrect answer be better than the other?” Manager: “Simple, the American put down on question #5, “I don’t know.” You put down “Neither do I.” Did you hear about the banker who was recently arrested for embezzling $100,000 to pay for his daughter’s college education? As the policeman, who also had a daughter in college, was leading him away in handcuffs, he said to the banker, “I have just one question for you. Where were you going to get the rest of the money?” I am a very nervous flyer. During a trip from California to Indiana, it didn’t help that my connecting flight from Denver was delayed twice because of mechanical problems. Then, after we were aloft, I noticed the lights began flickering. I mentioned this
to a flight attendant. “I’ll take care of it,” she said. Moments later the lights went out. Clearly she’d solved the problem by turning off the lights. A passenger across the aisle who had been listening leaned over and said, “Whatever you do, please don’t ask about the engines.” Fred got home from his Sunday round of golf later than normal and very tired. “Bad day at the course?” his wife asked. “Everything was going fine,” he said. “Then Harry had a heart attack and died on the 10th tee.” “Oh, that’s awful!” “You’re not kidding. For the whole back nine it was hit the ball, drag Harry, hit the ball, and drag Harry.” An accountant is having a hard time sleeping and goes to see his doctor. “Doctor, I just can’t get to sleep at night.” “Have you tried counting sheep?” “That’s the problem - I make a mistake and then spend three hours trying to find it.” Our neighbour passed out in a dead faint as he came out of his front door onto his porch. Someone dialled 000 When the paramedics arrived, they helped him regain consciousness and asked if he knew what caused him to faint. “It was enough to make anybody faint,” he said. “My son asked me for the keys to the garage, and instead of driving the car out, he came out with the lawn mower.”
A new small business was opening and one of the owner’s friends arranged for flowers to be sent to mark the occasion and wish the owner luck. The flowers duly arrived at the new business site and the business owner read the accompanying card to find it said, “Rest in Peace”. The business owner rang his friend and told him what the card read. The friend was angry and called the florist to complain. After he had told the florist of the obvious mistake and how angry he was, the florist said, “Sir, I’m really sorry for the mistake, but rather than getting angry you should consider this... somewhere there’s a funeral taking place today, and they have flowers with a note saying, ‘Congratulations on your new location.’” A real estate agent had just closed his first deal. To his horror though, he then discovered that the piece of land he’d sold was completely submerged under water. “The customer’s going to come back here pretty mad,” he said to his boss. “Should I give him his money back?” His boss roared at him, “Money back? What kind of salesman are you? Get out there and sell him a houseboat.”
Quote of the month “Thinking is the hardest work there is which is probably the reason why so few engage in it.”
Henry Ford
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