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Published On: Tue, May 24th, 2011

Coomera Building Fees To Be Slashed By 50%

Lucy Ardern  reported on GoldCoast.com that Building Fees in Coomera could be cut in half because of a new council plan to discount building charges.

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DEVELOPMENT in Coomera could skyrocket following a council plan to target a specific part of the Coast for heavily discounted building charges.

Gold Coast City councillor Peter Young said as part of general reductions in building charges, the construction industry had been asked to nominate a suburb for bigger cuts.

“We are happy to look at figures of up to 50 per cent (less in fees),” he said.

Cr Young said he saw the growth corridor in the northern Gold Coast area as the biggest opportunity to kick-start development with a major drop in fees.

Urban Development Institute of Australia Gold Coast boss Steve Harrison agreed that the Coomera-Pimpama area was the most likely candidate.

“The industry and the city as a whole could get a lot out of it if things started moving there,” he said.

“This is the last big greenfield area of the Gold Coast.”

Mr Harrison said the Coomera Town Centre was the “most over-planned area of Australia” and an incentive like this could finally get the location moving.

“It is particularly important given the large unemployment rate in the northern Gold Coast area,” he said.

Mr Harrison is also pushing for bigger cuts to infrastructure charges for infill development because of the higher costs associated with it and emphasis on brownfield development for the future of the Gold Coast.

You can read the full article here

 

About the Author

- Glenn Batten is the Principal Licensee of First National Real Estate Upper Coomera which provides residential property sales and property management services throughout the Northern Growth Corridor suburbs of Upper Coomera, Coomera, Pimpama, Willow Vale, Ormeau and Oxenford.

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