In­dus­trial blocks for sale

Yarrawonga Chronicle - - Front Page - BY ROBERT MUIR

Five of the seven new blocks to be sub­di­vided from the va­cant 1.46ha Lot 13 on the Mul­wala In­dus­trial Es­tate, at the corner of McCarthy Street and Ba­rooga Road, will be put on the mar­ket.

The re­main­ing two - clos­est to the works de­pot in McCarthy Street- are to be re­tained for fu­ture con­struc­tion works’ ma­te­ri­als stor­age.

The two blocks to be re­tained, to­tal about 4700sqm. Fed­er­a­tion Coun­cil unan­i­mously de­cided on the ac­tion, on the mo­tion of Crs Gail Law and David Lon­g­ley, at its monthly meet­ing on March 20.

The de­ci­sion fol­lows dis­cus­sion on the sub­ject at coun­cil’s Fe­bru­ary 20 meet­ing - in which just the one spare block was sug­gested by Cr An­drew Kennedy and as re­ported in the Yar­ra­wonga Chron­i­cle - and a sub­se­quent work­shop, of coun­cil­lors and ex­ec­u­tive staff on March 6.

At coun­cil’s monthly March meet­ing, coun­cil­lors backed Lot 13’s sub­di­vi­sion sub­ject to eight con­di­tions. Part of one con­di­tion rec­om­mended by coun­cil’s Di­rec­tor Fi­nance and Or­gan­i­sa­tion Devel­op­ment, Kim Parker, was ques­tioned by Cr Kennedy.

The part in ques­tion stated that coun­cil make the sale sub­ject to con­di­tions that if not built on within 12 months the land be re­turned to coun­cil, if coun­cil agrees, at the same price as pur­chased and that the buyer not sell on with­out coun­cil ap­proval for a pe­riod of two years.

“With de­signs and so forth, the plan­ning process can take longer than 12 months,” Cr Kennedy said. “There’s a lot of va­cant land out there which hasn’t been built on in years.

“I agree sell­ing it for $50 per square me­tre (ex­cept for the south­ern end, smaller cheaper block which is to go for $39 per sqm), and the buyer not to on sell for two years. But to build within 12 months?”

Fel­low coun­cil­lors were sat­is­fied with Mr Parker’s sug­ges­tion, par­tic­u­larly with the words ‘if coun­cil agrees’ in­cluded in the con­di­tion.

It meant coun­cil would have to have a very good rea­son for en­forc­ing the con­di­tion of 12 months. When the mo­tion was put, all coun­cil­lors voted in favour of the 12 months in­fer­ence, to­gether with other con­di­tions.

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