Sir­iusly ex­pen­sive prop­erty

The Daily Telegraph (Sydney) - - News -

THE con­tentious Sir­ius build­ing is of­fi­cially on the mar­ket — and it can be yours for a cool $100 mil­lion.

The bru­tal­ist build­ing next to the Har­bour Bridge — which has been used for so­cial hous­ing for more than 30 years — is be­ing sold to de­vel­op­ers who are ex­pected to re­place it with hun­dreds of pri­vate apart­ments, de­spite fierce op­po­si­tion from com­mu­nity groups des­per­ate to save it.

“It’s up for sale to­day — we’re look­ing for ex­pres­sions of in­ter­est,” Min­is­ter for So­cial Hous­ing Pru Goward told ABC Ra­dio yes­ter­day.

She said the pro­ceeds would be used to build new so­cial hous­ing around NSW. The Sir­ius sell-off is part of the state gov­ern­ment’s plan to sell 300 state-owned prop­er­ties in prime lo­ca­tions across Syd­ney to raise up to $500 mil­lion.

In Oc­to­ber the Sir­ius build­ing, which was com­pleted in 1980, was added to the World Mon­u­ments Fund’s 2018 watch list.

The Sir­ius build­ing.

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