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Real Estate & Business

10 June, 2021

No bids to go

THREE prime riverside development blocks in Mackay’s CBD failed to attract a single bidder at auction this morning.

The auction of three prime riverside development blocks in Mackay’s CBD did not sell under auction terms .

Knight Frank Auctioneer, Mark Kelly is understood to be in discussion with interested parties.

“The properties are still available for sale and we have been contacted by interested parties,” Mr Kelly said.

“The Mackay Regional Council’s Priority Development Area waterfront redevelopment along the Pioneer River has attracted new and interested parties.

“Although the auction did not proceed, it attracted significant interest from both property developers and from state government officials.

“As marketing agents, we are confident of a sale over coming weeks by interested parties.

The three adjoining properties at 15 to 19 River Street have a 50-metre river frontage and a combined land area of 1,617 square metres.

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