Joined: 03 May 2006
|Posted: Fri Dec 10, 2010 11:46 am Post subject: Peter Wellington ? on notice 28 Oct 2010 - Land purchases
|Peter Wellington Question on Notice
|Question on Notice
Asked on 28 October 2010
MR WELLINGTON asked the Minister for Infrastructure and Planning (MR
With reference to land purchased in the Mary Valley for the proposed Traveston
(1) When will the land be placed on the market for sale?
(2) How much land has been sold to date?
(3) Which real estate agent or agents will handle the listing of the property sales?
I thank the Member for Nicklin for his question.
(1) The Government is currently examining a number of proposals for the future
use of the land including future potential environmental, recreational and
riparian rehabilitation measures. Once the investigations are complete, suitable
areas identified for these particular uses and any necessary tenure
arrangements put in place, a sales strategy can be initiated.
The Government will deliver a responsible sales strategy by offering blocks
across various price ranges, lot sizes and a range of potential uses. It will not
flood the market and impact other private land sales in the area, however,
there may be an opportunity for some land to be placed on the market soon
after the strategy is considered.
(2) As you know, the Traveston Crossing Dam will not be built. The Government
announced a former landowner buy back scheme where landowners who sold
their land to the former Department of Natural Resources and Water or to
Queensland Water Infrastructure, could repurchase their land at the same price
they received for it. This is the first stage of the sales process. The scheme
attracted 99 expressions of interest which has now translated into three sales
settled, four under contract and ten in progress. Once this scheme has been
finalised, the Government can consider its options for the remainder of the lots
Apart from the buy back scheme, no other land has been sold, or indeed
offered for sale.
(3) The selection and appointment of selling agencies, as with any Government
contract, would be subject to an agent meeting contractual obligations, such as
a special marketing campaign and providing value for money. Further, the
appointment of an interested real estate agent to market a property would also
be subject to the agent demonstrating expertise in the marketing of that
particular property type.
I expect that agencies in the local area will be invited to submit marketing
proposals for some of the work once a sales strategy is finalised. These
agencies include Gympie Regional Realty, Elders Real Estate Gympie,
Kenilworth Realty, Raine and Horne Mary Valley and Raine and Horne Noosa
Hinterland which are currently managing the large lease portfolio for the
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
Powered by phpBB © 2001, 2005 phpBB Group