Industrial blocks for sale
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.