Page 4514 - Week 14 - Thursday, 9 December 1993

MINISTER FOR THE ENVIRONMENT, LAND AND PLANNING

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO. 1070

Abattoir Holding Paddocks

Mr Cornwell - asked the Minister for the Environment, Land and Planning

In relation to "Abattoir Paddocks" near Oaks Estate, which is to be sold as a rural lease in 1994 -

(1) Will the lease be publicly advertised; if so (a) when and (b) where.

(2) Has a monetary value been set for purchase of the lease; if so, what is it; if

not, when will it be set.

(3) What is the Unimproved Capital Value of the block and what rates/land tax

will apply.

(4) Will the lease remain unstocked until its sale in 1994; if not (a) how will it be

used and (b) by whom.

Mr Wood - the answer to the Members question is as follows -

(1) The lease will be publicly advertised for auction in the Canberra Times and

the regional edition of The Land newspapers. Planning for the auction is not

complete but it is expected to be held in the second quarter of 1994.

(2) Until a comprehensive survey has been undertaken and draft lease conditions

prepared, the Australian Valuation Office is unable to determine a monetary

value. As prime rural land so close to the City, a significant lease premium is

anticipated.

(3) It is not possible to provide an unimproved value for the land until a

comprehensive survey has been undertaken and draft lease conditions prepared.

Rates and land tax charges will be levied on the basis of that valuation.

(4) There are arrangements in place from now until 31 March 1994 for two rural

lessees to agist the land and ameliorate the fire hazard created by favourable

growing conditions. If it is necessary to extend the agistment arrangements

prior to leasing, there will be a further selection process for all interested rural

lessees.

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