News

Bargara Beach Estate is back

OPTIMISTIC FUTURE: Greg Barnes checks out the land as Moodies Rd development looks to be going ahead. Photo: Zach Hogg / NewsMail
OPTIMISTIC FUTURE: Greg Barnes checks out the land as Moodies Rd development looks to be going ahead. Photo: Zach Hogg / NewsMail Zach Hogg BUN200814BAR3

ALMOST 50 acres of "neglected" land in Bargara may soon turn into a 181 lot residential development.

The land is located on the corner of Moodies and Watsons Rds in a residential zoned area.

And it is not the first time the Bundaberg Regional Council has received an application to develop the land.

In 2006, champion cricketer-turned-businessman Craig McDermott was successful in his application to subdivide and develop the land as "Bargara Beach Estate".

But the councils Planning and Development spokesman Ross Sommerfeld said only minor infrastructure including roads and fences was installed before the development came to a standstill.

Mr McDermott's development company Maxen Development was reported by the NewsMail in 2010 to have fallen into $22 million debt, $8.85 million of that directly related to Bargara Beach Estate.

He filed for bankruptcy on June 12, 2008.

International asset management company Investec is now the mortgagee in possession of the land.

Bargara divisional representative and Economic Development spokesman for the council Greg Barnes said the receivers had previously tried to sell the land but were now looking to go ahead with the development.

An Investec spokesman confirmed the company was seeking to recover loan money but said it would not comment further until the application decision had been made.

"For years, it's been an overgrown haven for snakes and vermin," Cr Barnes said.

"There's also been a significant grass fire in there in previous years."

Cr Barnes said beyond the economic development benefits, he said the progression of the project would tidy up the "dilapidated look" that currently existed on the street.

Cr Sommerfeld agreed and said the council would be more than happy to talk to Investec.

"Because at the moment, the site has been neglected," he said.

While the application is still being considered by the council, construction of the development is proposed to roll out in 11 stages with lot sizes ranging between 600 and 1060 metres squared.

Two additional, residential subdivisions are anticipated go before the council in coming weeks. One located on Bargara Rd and the other on Howard St.

Topics:  bargara



Offenders owe $12 million

SPER debts for Bundaberg residents total more than $12 million.

6907 Bundaberg residents have a SPER debt

Blame your boss, not us, State Government tells Pitt

BLAME BARNABY: Water Minister Mark Bailey says Deputy Prime Minister Barnaby is to blame.

Mark Bailey points finger at Barnaby Joyce

Local Partners

TWANG TALK: Singers who left us without the fanfare

VALE: Peter Sarstedt's biggest hit was Where Do You Go To My Lovely?, which left listeners scratching their heads.

Vale Kay Starr and Peter Saarsted

Why Emma Watson turned down Cinderella

Emma Watson in a scene from the movie Beauty and the Beast.

HARRY Potter star has standards when it comes to Disney princesses.

Master artists showing pastels at Gin Gin

PASTEL POWER: A piece by Tricia Taylor from the Pastel Society of Australia.

Contemporary Master Artists of Australia has opened at Gin Gin

Wonder Woman a ‘disjointed disaster’, says DC insider

Gal Gadot in a scene from the movie Wonder Woman.

INSIDER says the much-hyped blockbuster will disappoint.

Kid nails Swift impersonation

Seven-year-old Xia Vigor nails Taylor Swift impersonation on the Philippine talent show Your Face Sounds Familiar Kids.

TAYLOR Swift has a seven-year-old doppelganger.

Ariana Grande 'hardest working 23-year-old on Earth'?

Ariana Grande

Not everyone was impressed with Grande’s self-proclaimed work ethic

Sunday auction for historical home

Former Catholic school sure to attract spirited bidding

Looking back, looking ahead in Noosa

NEVER-ENDING GLORY: Looking towards Laguna Bay and Hastings St from Noosa National Park.

Natural appeal of Noosa continues to attract buyers

Thousands of jobs part of $1b retirement village project

THIS YEAR: An artist impression of the new Aveo retirement village in Springfield.

Aveo Springfield unveiled this month, homes ready by July

KNIFE-EDGE: The housing tightrope we now face

Even the smallest interest rate rise will be hard for some to handle.

One if five home owners at risk, according to new analysis

'Difficult times': Rental prices tipped to increase in 2017

GREAT BUYS: There are some great rentals and houses to buy in South Gladstone. Head to gladstoneobserver.com.au for the top 10 homes under $100 to rent right now in the Gladstone region.

Investors may soon see a "profitable return” on properties.

Ready to SELL your property?

Post Your Ad Here!