ALDER MOVES IN ON AHC HELENSVALE

ALDER MOVES IN ON AHC HELENSVALE

ANOTHER block of land has been snapped up in AHC’s Helensvale offering, as Alder Constructions moves into the area.

With plans to relocate from Biggera Waters and build a new headquarters, Alder Constructions managing director Greg Alder has purchased Lot 47 from the listed property development company at 116 Siganto Drive.

James Crawford and Stewart Gilchrist of Colliers International negotiated the 2000 square metre deal. The site forms a considerable part of AHC’s 30,000 square metre land offering and brings total sales to date to more than $6.3 million.

More than 13,700 square metres of commercial land has changed hands over the past four months, leaving only six vacant land lots in the development. Other residents include Gold Coast-based entrepreneur Tony Quinn and Zupp Property Group.

Alder cited the growth of his company and the high exposure of the site – which runs parallel to the M1 – as key reasons for the relocation.

“Having recently secured a number of projects, including the total refurbishment of the Gold Coast Turf Club, a number of bridges, several residential subdivision projects and a variety of commercial buildings, we need more space to house our growing number of staff,” says Alder.

“The northern corridor of the Gold Coast is a growth area and being a construction company, we want to be situated where the growth is going to be.”

Alder Constructions intends to start construction on its new three-level headquarters in the next three to four months, with hopes of finishing the building early next year.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

The hit international reality MTV franchise that produced Jersey Sh...

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

State pouring $30m into Great Keppel Island after Rinehart backs out of resort plans

The Queensland Government is injecting $30 million into an upgrade ...