Govt to snap up Apostle parcel

A MASSIVE parcel of land opposite Victoria’s most iconic tourist attraction is set to be snapped up by the state government.

But it is refusing to say how much it will cost taxpayers, with sources close to the deal tipping the price tag could cost up to $100m.

The 32ha site opposite the 12 Apostles along the iconic Great Ocean Road is being compulsorily acquired as part of the government’s Precinct Redevelopment Project.

The property’s owners, who have been trying for a decade to develop the site themselves, were told earlier this month that Development Victoria would acquire the land.

Plans for a new tourist centre were announced in 2019 as part of a joint initiative between the Victorian and Commonwealth governments.

The centre will form a key part of the $108.15 million redevelopment.

The land has been in the same family for more than 50 years.

The move has angered locals who say the government would be better investing money in roads and coastal tracks and parks.

Local Liberal MP Richard Riordan slammed the move and said the current owners, who already operated a successful tourist business in the area, were best placed to develop the site.

“They live and breathe that community, they have the resources, the know how, the skills and the expertise to run what is one of Australia’s premier tourist visitor locations,” he said.

“The terrible mismanagement of the Great Ocean Road and its parks continues if this gross misallocation of money is allowed.”

Corangamite Shire councillor Jamie Vogels said the decision made no sense.

A government spokeswoman refused to answer questions about the compulsory acquisition. “We’re delivering a world class visitor experience centre … precinct, creating more jobs and supporting local communities,” she said.

“We continue to engage with all interested parties to ensure this important project for the region and Victoria.”