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Central Coast office LJ Hooker Budgewoi | Toukley has purchased a new commercial premises as the brand looks to double down on its expansion in the region.
LJ Hooker has boosted its presence in the Central Coast market, with LJ Hooker Budgewoi | Toukley purchasing a new commercial premises in the area.
Owners Rebecca and Damian Montgomery helped to establish LJ Hooker Toukley in 2004 before acquiring LJ Hooker Budgewoi in 2020 and merging the two offices two years later to better serve the growing Central Coast market.
Rebecca Montgomery said that the new centrally located premises in Budgewoi marks the beginning of a new chapter for the business.
“We’re currently working through council approvals for an exciting renovation that will transform the space into a fresh, modern office designed to reflect the professionalism of our team and the vibrant coastal community we serve,” she said.
Head of Network Australia, Chris Keating, said that the new office, combined with the team’s experience, would enable them to better serve the local community.
“Damian and Rebecca are long-term locals who have detailed firsthand knowledge of the area and are passionate about growing their business and their community,” Keating said.
“Moving into prominent new premises is an exciting and strategic step in a competitive market. It will provide space for operations, client meetings and importantly further increase brand visibility.”
The Central Coast remains a popular area for buyers, with families, retirees and investors drawn to the region by its attractive lifestyle and growing economy.
The completion of the redevelopment of Gosford Hospital as well as the continuing M1 motorway upgrades improving access to nearby Sydney and Newcastle have added to the Central Coast’s appeal.
Keating said that the Central Coast region was integral to the brand due to its affordability and potential.
“The Central Coast offers something for everyone, delivering affordability for first home buyers to multimillion-dollar luxury beachfront mansions, and its growth potential is massive, making it a key market for us,” Keating said.
Damian Montgomery said that the area would continue to grow and the branch along with it.
“Investors appreciate the strong rental yields, low vacancy rates and growth potential, while the strong sense of community makes it a desirable location for long-term renters,” he said.
“So, it is a market not just focused on sales, but with strong interest from tenants and investors. We are also keen to continue to expand the rent roll side of the business.”
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