Mt Milman Drive

Mt Milman Drive

Mt Milman Drive, Smithfield

Stateland purchased two parcels of land, being 3.3 hectares and 4.8 hectares, both strategically located on the Captain Cook Highway and positioned opposite a large regional shopping centre in Smithfield north of Cairns.

 

Site 1 – 3.3 hectares

This integrated commercial development resulted in a number of tenants and owner occupiers being identified, including Hungry Jacks. A convenience centre was also designed and tenants secured including Pizza Hut.  Stateland also identified a range of retailers including the Warehouse Group and then proceeded to secure leases and design new premises to suit the users.  The project was then on-sold. Various other retail outlets were established, including Mitre 10.

 

Site 2 – 4.8 hectares

Stateland purchased the land occupied by a tourism operation in a tourist zone.  A marketing program was undertaken which resulted in Bunnings Warehouse Group expressing an interest in the subject property.  Stateland then managed the process of re-zoning of the land from tourism to commercial and the development gained town planning approval. The land was then sold to Bunnings.