Chance to de­velop new busi­nesses

Port Douglas & Mossman Gazette - - BUSINESS - PAUL MIL­TON BUT­LER

THE de­vel­oper of the Craiglie Busi­ness Park is of­fer­ing blocks of land for an un­prece­dented five years in­ter­est-free with a 10 per cent de­posit to help stim­u­late the mar­ket.

Steve Thomas - the de­vel­oper be­hind Fern­dale Es­tate, the Lakes Es­tate, the Sands Es­tate, the Beach­front Es­tate, Her­itage Rise and com­plexes such as Mow­bray by the Sea and Cay­man Vil­las - said he wanted to help peo­ple who want to get their own busi­nesses up and run­ning in the tough eco­nomic cli­mate.

“At the mo­ment banks are very re­luc­tant to lend money, es­pe­cially for start-up busi­nesses, and in many cases when they do it is usu­ally only 50 to 60 per­cent of the money needed and so the per­son then has to find bridg­ing fi­nance and that re­ally can be­come quite dif­fi­cult,” Mr Thomas said.

“So we have de­cided to try and give peo­ple a legup and of­fer them terms such as a block of land at in­ter­est-free terms for up to five years.

“Of course that helps us too, rather than hav­ing the land sit­ting va­cant.

“But we know that there are plenty of peo­ple out there who want to have a go and who have many mar­vel­lous ideas and if we can give them just that lit­tle bit of ex­tra help to start their busi­ness it is good for all of us.

“We all live off each other but if we all sit on our hands and do noth­ing, that’s when the econ­omy re­ally takes a dive.”

Mr Thomas said that peo­ple do not have to buy a block out­right from him as they can lease it first and see how they go.

“And with the zon­ing which is light in­dus­trial peo­ple can also re­tail from their build­ing if they so de­sire,” he said.

Any­one who is in­ter­ested in find­ing out more in­for­ma­tion about the deal, can call Cal­lum Jones at Tony Mc­grath Real Es­tate on 0437 981 195.

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