Former motorcycle champion Wayne Gardner puts final touches on Bellambi warehouse project
Former motorcycle racing champion Wayne Gardner has been putting the finishing touches to his mixed-use light industrial warehouse project at Bellambi, north of Wollongong.
Gardner, who divides his time between Monaco and Sydney, has just returned spending a fortnight in Hilton hotel quarantine and pleased to see the first stage of the development virtually finished.
The build commenced just before he had to travel to Europe during the emerging stages of the pandemic.
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“Thankfully COVID-19 didn’t shut down the building trades,” he said.
“It will be a proud moment to be able to personally handover the keys to the purchasers,” Gardner said.
Stage one of the Bellambi Lane development comprises 18 storage units priced from $495,000. With around half sold, there was another sale on Friday, with keen interest from tradies.
All up Gardner has permission to build 87 warehouses at the Bellambi Commercial Centre.
Gardner won his 500cc World Championship in 1987, and his son, Remy now races with 87 which dates back to a random number issued by his minibike club.
He advised it was the biggest yet of his projects which have included a North Curl Curl residential site, a Darlinghurst shop top, and warehousing at Wetherill Park.
The latest sales timing capitalises on a lack of 4a zoned stock, MMJ Commercial Wollongong agent Travis Machan said. He’s handling the sales in conjunction with Raine & Horne Wollongong agent Lynda Burnside. The spaces start from 152sqm, which are split between a 96sqm ground floor space and 46sqm mezzanine and can be used as office space or a warehouse facility.
Gardner’s development arm, Pacland Holdings, paid $3 million for the 2.67ha timber yard in 2006 when it briefly crossed his mind that the near oceanfront holding could become a racetrack.