Launceston retail revival

THE development of the Bunnings site at Invermay as a bulky goods precinct appears on track after a development application for three new outlets was submitted to the Launceston City Council.

Shepherd & Heap agent Ian Singline said interest in the four remaining lots surrounding the Bunnings Warehouse was going well.

The four lots measure from .84 hectares for lot 1, up to 3.10 hectares for lot 5.

‘‘We’re negotiating on a couple blocks at the moment,’’ Mr Singline said.

‘‘These kinds of blocks of land don’t come up very often and they can take a longer period of time to see a deal come through.’’

Boral confirmed it had signed a contract for lot 4, a 2.4 hectare site in Gleadow Street, in mid-July.

Meanwhile, Officeworks has submitted a development application to the Launceston City Council for a new site next to Bunnings.w

Officeworks is part of the Wesfarmers group, that also owns Bunnings and Coles supermarkets.

The DA is to build three bulky goods outlets in front, but to the far right, of the Bunnings building and car parking for all four sites would be shared.

Officeworks would occupy one 1700 metre square site and it is understood a pet supply company may move into the 686 metre square site. The other 1700 metre square site remains available.

Officeworks would not comment on the DA yesterday, other than to say its Bathurst Street site would continue to trade as normal.

If the DA is approved, it is understood work at the site would begin next month.

There has been talk that if Officeworks moves to Invermay, white good retailers The Good Guys may then move into its vacated Bathurst Street site.

The Good Guys did not return calls yesterday.

Submissions on the Officeworks DA close on Friday.

Smartphone
Tablet - Narrow
Tablet - Wide
Desktop