Masters developer offers land to council

SHOALHAVEN City Council is being asked to enter in a planning agreement and allow a draft development application for the proposed $13.8 million Masters Home Improvement Centre at South Nowra to go on public exhibition.

In a proposal that was to go before council’s development committee on Tuesday night, the owners of the location for the planned centre on the eastern side of the Princes Highway at the Central Avenue roundabout, Zooharbour Pty Ltd and CVC Mezzanine Finance Pty Ltd, have asked council for the draft planning agreement and explanatory notes associated with the development to be placed on public exhibition.

In addition to the Masters centre, which has a gross floor area of approximately 13,134 square metres, the complex will include a Woolworths branded service station, Hungry Jack’s fast food complex and two bulky goods outlets.

The petrol station and fast food outlet and bulky good outlets would be located to the west on the front of the property facing the Princes Highway, while the Masters development would be located at the eastern side of the property.

There will be parking for 392 vehicles.

Access to the facility will be via a new entry-exit leg to be built on the Central Avenue roundabout.

Under the proposed planning agreement the developers will hand over three parcels of land valued at more than $1 million.

The developers will transfer a total of 7743 square metres to council – 3166 square metres adjacent to the northern boundary, 600 square metres adjacent to the north western boundary and 3977 square metres adjacent to the eastern boundary, some of which will be used for future road works.

It will include a parcel of land to the rear of the property which would make up part of the proposed South Nowra corridor road designed to join the Princes Highway at the new Warra Warra Road roundabout.

It is also proposed a further report on the planning agreement be submitted to council following the public exhibition.

If negotiations with council succeed, construction is expected to start later this year.

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