Legislative Assembly for the ACT: 1993 Week 08 Hansard (Tuesday, 17 August 1993) . . Page.. 2340 ..
MINISTER FOR HOUSING AND COMMUNITY SERVICES
LEGISLATIVE ASSEMBLY QUESTION
QUESTION NO 728
Bruce Hostel Buildings
MRS CARNELL: Asked the Minister for Housing and Community Services -
(1) Has any study been conducted into future use of the former Bruce Hostel; if not, why not.
(2) What options have been costed or analysed.
MR CONNOLLY: The answer to the Members question is as follows -
(2) The capital costs for the acquisition of replacement housing for residents of the former Bruce Hostel were met by the ACT Housing Trust, with the agreement of ACT Treasury that the costs were to be recouped or offset from the disposal of the Bruce property.
A consultant was appointed and a study reported on the following options for the site:
Sale of the property;
Upgrade the complex and sell the facility in an as new condition;
Demolish buildings, subdivide and service the block and sell off
serviced land packages that would be suitable for a mix of
standard or medium density blocks;
(iv) Comprehensively redevelop and sell. Rather than sale of serviced land as outlined above, this option considers the development of some of the existing buildings on site, and to progressively sell off a variety of land and building- packages- to the market; and
Participate in a comprehensive redevelopment of the serviced land on this site, and the adjoining Block 4, in a joint land development proposal with the* Department of the Environment, Land and Planning.
The study provided the basis for a decision to proceed with option (iii) the demolition of the buildings and the sale of land as this provided the greatest return to the Housing Trust.