Page 1763 - Week 09 - Tuesday, 17 October 1989
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West Belconnen Leases
(Question No. 26)
Mr Kaine asked the Minister for Industry, Employment and Education, upon notice, on 23 August 1989:
(1) How many (a) commercial and (b) retail premises in West Belconnen are leased to private enterprise.
(2) Are deposits required upon application for such leases; if so, how are the deposits administered.
(3) Are deposits ever retained; if so, under what circumstances.
(4) What are the maximum terms of these leases.
(5) Are leases transferable.
(6) How often are rentals increased.
(7) When was the last rental increase.
(8) What was the percentage increase of the last rise.
(9) By what means are rentals determined.
(10) When are the next rental increases due.
Mr Whalan: My responses to the respective questions are as follows:
(1) From a total of 101 leased blocks -
(a) Eighty-three are used for storage purposes and
(b) Eighteen are used for storage in conjunction with some limited degree of retailing (six lessees actually hold these blocks).
It is not uncommon for one lessee to have leases over several contiguous blocks forming a consolidated business unit.
(2) Yes, application fees (as notified in the approved fees and charges schedules) are required with applications for a lease. These are credited to a miscellaneous account and upon accepting a site this amount is deducted from the first year's rent through transfer to the lessee's land rent account. If an application is withdrawn or offer of lease rejected these fees are credited to a fees account.
(3) Yes, under the approved fees and charges policy application fees are retained if an offer of a site has been declined or the application withdrawn within six months.
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