SOUTH East builders and suppliers are urged to tender for the construction of two On The Run (OTR) developments which will soon break ground in Mount Gambier.
A 26-week build period will see a Krispy Kreme production facility and truck stop built at the intersection of Ramsay Avenue and Jubilee Highway East, complemented by the complete redevelopment of the existing Penola Road OTR site.
Peregrine Corporation business development manager Philip Moir said the construction phase could bring $10m to the region along with 50 to 60 jobs, stating work was almost ready to start.
“We are just waiting on finalising documentation for construction,” Mr Moir said.
“We will now be going into tender within the next month and encourage local builders and suppliers to reach out.”
“We hope to be up and running by Christmas.”
OTR Penola Road’s redevelopment will feature a quick service restaurant placed alongside a Guzman Y Gomez fast food outlet.
Mount Gambier real estate agent David Herbert said the commercial market was steady city-wide with a diverse range including retail, commercial and industrial properties up for sale and rent.
Mr Herbert said retail spaces were proving challenging to rent, partly due to the impacts of online shopping, particularly along Commercial Street.
“It is not just a Mount Gambier thing, it is everywhere” Mr Herbert said.
Mr Herbert said negotiations on a number of commercial properties were under way, including the Oatmill Complex.
Office leases are also in high demand according to Mr Herbert.
Alongside the OTR development and negotiations of commercial estates, the construction of a petrol station and associated shop including fuel tanks, car parking and signage on the city’s eastern fringe was put forward to the City Council’s assessment panel this month
