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Wednesday, 9 February 2005
Page: 169

Senator Mark Bishop asked the Minister representing the Minister for Transport and Regional Services, upon notice, on 17 December 2004:

(1) (a)   How many properties are owned by the Commonwealth at Badgerys Creek; (b) what was the original purchase price for each property; and (c) what is the combined current market value.

(2)   What is the total annual cost of rates paid to local government.

(3)   What plans exist for either purchase or sale of any property.

(4) (a)   How many properties are currently leased; and (b) what is the average term of the tenancies.

(5)   What discussions have been conducted with the New South Wales Government on the planning and sale of the land for future urban development.

Senator Ian Campbell (Minister for the Environment and Heritage) —The Minister for Transport and Regional Services has provided the following answer to the honourable senator’s question:

(1) (a)   There are 254 properties amalgamated into one title, as well as a further 12 properties acquired as potentially noise affected at the time; (b) the total expenditure to 2002 on property acquisition including outstanding claims and local access roads was $165m.  The individual prices paid for each property and other costs are confidential, disclosure may prejudice the Commonwealth’s interests; (c) the Government does not have a current market value as such value would vary depending on class of use for which the properties were potentially marketed.

(2)   The annual payment of monies in lieu of rates to local government is $234,000 (2003-4 rates).

(3)   There are no plans for purchase or sale of property at this site.

(4)   There are 12 commercial leases which terminate on 31 December 2005 unless further options to take up terms are exercised.  The remaining lessees are residential on standard NSW residential leases (12 months) which are renewed annually, unless the tenant vacates.

(5)   There have been no discussions with the NSW Government regarding the planning and sale of the land for future urban development. The department has ongoing dialogue with the NSW Department of Information, Planning and Natural Resources (DIPNR) to ensure minimisation of incompatible development adjacent to the site.