A commercial bank project is underway to redevelop a property at Kalpataru in western New South Wales.
Key points:The project will involve the development of a $4.6 million commercial bank office in KalpatuThe project is expected to begin in 2019The property is currently home to a large commercial bank, but its owner wants to sell itThe property will be developed as a commercial bank in 2019.
The project involves the development to the Kalpatukan Commercial Bank project, which is a residential and commercial complex in the Kalamunda National Park.
The property owners say the bank project will be a good economic development for the area.
Commercial Bank Project is being developed by a local company, D&O Commercial Bank, to develop a commercial office and other commercial infrastructure for the Kalmaua Commercial Bank Project.
The land is owned by the property owners, who want to sell the property to a commercial lender.
The company, which operates in the area, says the project is a good business opportunity for the community.
“We’ve had a great experience here in the past,” said D&o Commercial Bank’s executive director, Chris Suggs.
“Our community is extremely excited about the prospect of a commercial banking office being built in Kalamaua.”
D&O says the bank will create a significant number of jobs and boost the local economy.
“The Kalamaunga National Park is a world-class community and is ideally suited to a residential development, which we believe will be of particular benefit to the community,” Mr Suggles said.
“To achieve this we have applied for a licence to build the office, with a potential to lease the site from D&Os Commercial Bank.”
Kalamauan Commercial Banks is a branch of the Australian Banking Association.
The Kalpaturan Commercial Banking Project is expected by the end of 2019 to start operations, with the first commercial bank offices set to open in 2021.