Blackwater property sets record
BLACKWATER businessman Tommy Whitehouse snapped up one of the city’s rare acreages for a record price this week.
The owner of labour and machinery hire company T and J Whitehouse, which conducts 95% of its work at Curragh Mine, yesterday revealed his plans for the new property which sold for more than $800,000.
“We mainly bought it for the land that will be used to build new truck sheds and an office,” Mr Whitehouse said.
Mr Whitehouse said the house would accommodate two members of the company’s management team from Rockhampton.
The community orientated businessman said he had big confidence in the growth of his business, the people they work for, the town itself and the mining industry.
“My future plan is to build self-contained rental units for families to live in (on the block of land),” he said.
Mr Whitehouse, who employs 130 workers, moved to Blackwater in 1982 and hasn’t looked back.
“We’re not afraid to spend money at this time in the booming town of Blackwater.”
The six bedroom and two-bathroom low-set Karri Street house is set on 1.4 hectares.
Blackwater Real Estate agent, Joy Fernie, who has been in the industry in the town for 12 years, said it was her biggest seller yet and confidence continued to strengthen in the market.
“We have a very low vacancy rate in Blackwater and we never really felt the full effects of the economic downturn,” Joy said.
Owner of Blackwater Real Estate, Jason Campbell, said Joy’s recent sale was a record for the town and property confidence was strong.
- See yesterday’s announcement of exploration company Bow Energy’s plans to build a $50 million power plant near Blackwater on Page 16.
MEDIAN SALE PRICES
RP data 2009 Blackwater median house prices:•September $272,500 •August $260,000 •July 2009 $282,500 •June 2009 $271,000