Kent St real estate up for grabs
A BLOCK of land smack bang in the heart of the Maryborough CBD will go under the hammer next month after five derelict shops on the prime piece of Kent Street real estate are torn down.
“It's a very rare opportunity,” said Fraser Coast councillor Gerard O'Connell yesterday.
“I'd be encouraging people to look very seriously at this as a business opportunity.”
Demolition crews this week began pulling down the shops which were destroyed by fire in February.
LJ Hooker principal Alan Wetton said that after long delays and issues with the Fraser Coast council, the five business owners were glad to finally see some progress.
He said he was disappointed with the council's role in the demolition approval process.
“As a managing agent I am disappointed council took so long to approve the demolition and that they charged us so much in comparison to other councils.
“The approval cost us $4200 as compared to $700 in Bundaberg or $550 Gympie.
“It was really over the top.
At this point in time we are looking at asking the council to justify that.”
The Kent Street block will be the only vacant land that has been up for sale in the CBD for some time - Mr O'Connell said a new development would fit in perfectly with the council's Maryborough CBD beautification project.
“If you can forgive the interruption of noise and dust, you will see in a couple of weeks' time the great scape that's coming along.”
Mr O'Connell said that after almost a year of having the five key players in the CBD out of the game, new developments would bring confidence to existing retailers.
“Any time there's progress, particularly commercial progress, it gives confidence to existing traders.”