200-unit plan for hospital site
By EVAN SCHWARTEN firstname.lastname@example.org
THE developer of a proposed $50 million residential development in Rockhampton says he plans to start pre-selling units within six months.
Roger Black, managing director of Wentworth Pacific, signed a contract to buy the former St John's Hospital site on Victoria Parade last Friday and has announced plans to build an eightstorey residential complex.
The complex will be built in four stages and is expected to include about 200 three-bedroom units ranging in price from about $300,000 to more than $500,000.
Mr Black said while the development proposal was in its early stages he was serious about seeing the project through to fruition.
"We're a pretty black and white company, we believe you either do something or you don't,'' he said.
"I don't talk just to make a noise.''
The Sydney-based developer, who is also responsible for the Keppel Bay Apartments development in Yeppoon said the units would be primarily aimed at young professionals without children, and older couples.
He said the complex was likely to be built in a V or U shape to make the most of its location on the Fitzroy River.
"If you have a really nice site you want to make the most of it.''
He said he expected the process of getting Rockhampton City Council approval to take about a year.