Commercial property businesses to move to new home
AN EMPTY corner of Main St will be turned into a one-stop shop for commercial property after Knight Frank Fraser Coast and Win Constructions Queensland restructure.
Both businesses will have a new home at 2 Main St in coming months.
Knight Frank Fraser Coast managing director Glen Winney said the restructure would help prepare for a different market over the next 12 months.
"We are taking some big steps to get ready to capture the coming property changes but to also weather the continued pressure on operating costs," he said.
"We are restructuring our management, and I will be taking over as managing director of both businesses.
Mr Winney said WCQ would also become more selective about construction jobs as part of the restructure.
"The construction industry has been very tough over several years and it's been a matter of hard tendering jobs at low margins and travelling long distances for work," he said.
"This is not sustainable for long periods, therefore we have decided to contract back to the Wide Bay for work and offer a broader range of services."
He said there were signs indicating the private sector was coming back into the market, with Knight Frank Fraser Coast settling more than $13 million worth of sales from mid-January to early March.