Up for tender

WELLINGTON Shire Council has again denied strong rumours it has an interest in purchasing the office block on the corner of Foster and Desailly Sts, which is now complete and up for tender.

Receivers’ tenders for the now complete three level office block opposite Wellington Shire Council close on Thursday, December 5, however a spokesperson for council denied any interest in purchasing the block for the purpose of new council offices.

Craig Shepard and Leanne Chesser of KordaMentha had been appointed receivers and managers of Macalister Commercial Property Pty Ltd, developer of the partially completed office block. The receivers took full control of the project in March to immediately complete the works, including undertaking a leasing and sale campaign for the 3000 square metre, three level office building.

Mr Shepard said the project had been completed to schedule and on budget, with several local traders coming back on board to complete the project.

“It will be put to market,” he said.

“There is a (tender) process in place and our intention is to sell, clearly, and we will be aiming to get a good price.

“We are pleased; it is completed and looking pretty good, a lot better than a half finished building.

“I guess the process now is to put a bow on it and try and get a good result for the creditors.”

Work on the project had ceased following the collapse of Macalister Constructions Pty Ltd, with the National Australia Bank and known creditors owed up to $18 million.