Bunnings, part of the Wesfarmers group that also owns Coles, confirmed that construction on the former Ogilvie Park site in Lindsay Street, Invermay, would start next month. Source: The Examiner
Bunnings chief operating officer Peter Davis said work on the site, which it calls the Bunnings Warehouse North Launceston, would be finished by the middle of next year.
He said the warehouse site covered more than 18,000 square metres and would employ more than 170 staff once open.
The national hardware retailer bought the Lindsay Street site last year for $1.4 million following the collapse of timber giant Gunns Ltd. The former Gunns headquarters will be demolished.
A start on construction coincides with a push to create a “super bulky goods precinct” on the site. Real estate agents Shepherd and Heap and Colliers International are calling for expressions of interest, closing on June 27, to attract other businesses to the site.
The site, including Bunnings, covers 9.49 hectares. Some 9.13 hectares is available for larger-format land users, plus three smaller sites for supporting retailers at the Bunnings entrance.
The agents say the Charles Street bridge, on one side of the site, carries the most traffic in Launceston, so has excellent exposure.