As the revised Tranche 3 land sale list went to Central Coast Council’s July 27 meeting for approval, work continues selling land in Tranche 1 and Tranche 2.
Council has exchanged and settled on contracts within Tranche 1 and 2 to the value of about $23.9M.
One property in Tranche 1 has been sold but no individual site prices have yet been made public.
Real estate agents Knight Frank have sold 1A Lucca Rd, Wyong, and are the agents for four lots at Spring Creek Business Park, Doyalson.
Real estate agents Savills are managing the sale of Warner Industrial Park, located at 671, 689, 701, 725, 749, 781, 791, and 811 Hue Hue Rd and 225 Sparks Rd, Jilliby.
Agents CBRE are managing the sale of 49-75 Mann St and 126 Georgiana Terrace, Gosford which includes the Gosford administration building.
Discussions are being held with government agencies which might purchase sites of strategic interest directly from Council, but no details have been given.
Seven properties in Tranche 2 have been sold or await settlement and one property, 7 Dalnott Rd, Gorokan has been withdrawn from sale but Council has given no reason why.
The seven properties are 6A Brennon Rd, Gorokan; 18W Dunvegan St, Mannering Park; 6 Wyndora Ave, San Remo; 44 Springall Ave, Wyongah; 2 Budgewoi Rd, Noraville; 165 Main Rd, Toukley and 9 Thompson St, Long Jetty.
Another eight sites require easements and other restrictions placed on title prior to being put on market for sale and these works are underway.
These properties are: 32 Murrumbong Rd, Summerland Point; 43A Ulana Ave, Halekulani; 9A Greenwood Ave, Berkeley Vale; 5 Sunnyhills Tce, Berkeley Vale; 2W Stornaway Cr, Berkeley Vale; 24 Kauri Court, Ourimbah; 13A Bellwood Cl, Tuggerah; and 10A Cynthia St, Bateau Bay.