Peak automotive associations invest approximately $3,300,000 to join together under one Seventeen Mile Rocks roof

by admin | 9th February 2011

Peak auto/truck industry bodies, the Institute of Automotive Mechanical Engineers (IAME) and the Commercial Vehicle Industry Association Queensland (CVIAQ) have jointly bought and occupied two of three design and construct tilt panel units at 115 Bluestone Circuit, Seventeen Mile Rocks, and  paid approximately $3,300,000 for the total land and building package.

Encompassing 1,565m2 of space, one unit is occupied by IAME, the other by CVIAQ, while the remaining 420m2 is available for lease. Each has its own roller door and are constructed of concrete and masonry

Incorporated in 1936, Auburn NSW based IAME is relocating from Acacia Ridge and driven by a membership base in excess of 27,000 -Ê predominantly located in Australia and New Zealand, with a further 900 International members. The new site will provide training, printing and other services for the more technical side of the automotive industry

Co-purchaser CVIAQ has moved from a Darra space. It began operations in 1968 to represent and advance the interests of Queensland manufacturers and suppliers of commercial vehicles and their components. As with its new partner, a large part of this facility has been allocated for industry  training, and between now and  early May it will also be used to organise the CVIAQ’s Brisbane Truck Show at the Brisbane Convention & Exhibition Centre

According to King & Co’s Rod Hewitt, both associations found it  impossible to find space to economically  suit their needs, either for sale or rent, and came to the conclusion over a cup of coffee with me, the land owner  IDG Projects as well as the CEO’s of the two associations that a D & C under one roof was the answer.  Hewitt went on to handle the relevant sale. He added that this effort is one of many that will sustain Seventeen Mile Rocks as an automotive industry hub over the next 20 years

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