Wednesday, June 16, 2021

The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.

Tags Development

Tag: development

Hampton mum on Kilgariff suburb

ABOVE: The $10m headworks for the Kilgariff suburb well under way but no word yet on the development deal.

 

The NT Government is spending $10m on headworks for the new suburb of
Kilgariff, but still hasn't made up its mind – or won't tell – how the
1200 block project will be developed.

The usual process for opening up public land for private housing is
for the government to call tenders. The winner then puts in the internal
services – roads, water, power, sewage, and so on, in accordance with
government specifications.

The best guess for this development cost per block is $60,000.

The developer then gets to sell the blocks for whatever he likes – the going rate till recently has been $300,000.

A nice little earner, but no great help for the – at least then – drastic land shortage and the skyrocketing prices.

Robyn Lambley, when successfully campaigning for the seat of Araluen last September, was asked in an interview with the Alice Springs News whether the Kilgariff land should be sold for the development cost.

Ms Lambley said: "That could be an option. Perhaps somewhere in the
middle, between market value and the cost of development, is a good
place to negotiate."

The News asked: If it’s somewhere in the middle, who would get the profit which would still be around $100,000 a block?

Ms Lambley said: "It would go into the government coffers. You could
argue that the profit could be used for interest free loans to people
breaking into the first home owners’ market. That would be a neat little
package, really."

No matter how vital this debate is for the community, it's not an
issue that Karl Hampton, the Minister for Central Australia, will engage
in.

The News has been seeking an interview with Mr Hampton since May – no luck.

We caught up with him at the Alice Festival launch last week ...

 

[youtube]http://www.youtube.com/watch?v=AtqL-sPvCak[/youtube]

 

... and with that Mr Hampton, the only Labor MLA and Minister in Central Australia, blended into the crowd. ERWIN CHLANDA reports.

Melanka block on the market again

The site of the former Melanka hostel in Todd Street is on the market
again, for an asking price of $7.5m plus GST, this time complete with
an exceptional development permit for a five storey "tourist and
residential complex".

The land was bought in 2006 for $6.12m. The hostel was still in place but has been demolished since.

The land's unimproved capital value in July, 2009 was $4.5m.

The raising of the height limit from three storeys to five was opposed by some sections of the community.

L J Hooker's Doug Fraser says the fresh advertising of the property
has only just started, and although there have been a couple of
enquiries, it's likely to take some time for a sale to be achieved.

Mr Fraser said in June that
the developer, Christian Ainsworth, a member of the poker machines
dynasty, had commissioned Deloittes to assist in the development and
that "the building costs will need to come down".

The total area is 1.3 hectares and "architectural plans will be passing with the sale," says the promotion.

The agency says this is a "prime corner allotment with three street
frontages and adjoining parcel at rear ... and numerous fully
established trees on site".

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