Quantcast
Channel: Canberra CityNews
Viewing all articles
Browse latest Browse all 17261

$5.75 million paid for a servo and fast food outlet

$
0
0

Andrew Barr

ANDREW Barr says spirited bidding by 17 local and interstate investors has seen a site for a new service station for the Weston Creek and Molonglo Community sell for $5.75 million.

“This is another example of the ACT Government working with the private sector to provide the services Canberrans need across the city,” Andrew said.

“The growth of the Molonglo suburbs has put pressure on the existing Weston Group centre – particularly the local petrol station.

“This new site will help ease the pressure on the Weston Group Centre and provide more options for the residents of Weston and Molonglo to fill up their vehicles.

“The high level of interest from both local and interstate investors sends a very clear message that Canberra is a great place to invest and I’m sure the residents of our newest suburbs, as well as those who live in Weston Creek, will be delighted at this news.

“Located on the corner of Kirkpatrick Street and Cotter Road, with easy access to the Tuggeranong Parkway, the almost 7,000sqm site will also have a fast food restaurant and possibly a car wash as part of the development.

“The successful purchaser has indicated that they are keen for the development to proceed as quickly as possible and will aim to have the businesses operating by December next year.”

The post $5.75 million paid for a servo and fast food outlet appeared first on Canberra CityNews.


Viewing all articles
Browse latest Browse all 17261

Trending Articles