Newspaper article Daily News (Warwick, Australia)

History Is under the Hammer

Newspaper article Daily News (Warwick, Australia)

History Is under the Hammer

Article excerpt

Byline: LISA HEMMINGS

AFTER going up in smoke in 2009, the site of the historic Universal Hotel is up for auction.

Agent Leanne Cameron of LJ Hooker is handling the auction, which has been brought on by the mortgagee-in-possession exercising power of sale, understood to be the National Australia Bank.

The auction will take place at the LJ Hooker offices at noon on Saturday May 28.

Coming under the City East zoning, the block is available for both residential and commercial use.

C[pounds sterling]The block is 809sqm and, being about 350 metres from the CBD, it's prime real estate,C[yen] Ms Cameron said.

C[pounds sterling]It also has two-street access to both Grafton Street and to Oak Avenue.C[yen]

Being central, Ms Cameron hopes someone with C[pounds sterling]a business mindC[yen] snaps it up.

C[pounds sterling]The land could be redeveloped for a number of uses such as office space or commercial retail,C[yen] she said. …

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