Bulimba Barracks sold for $63 million
Bulimba Barracks on the banks of the Brisbane River has been sold to developer Shayher Group to build a proposed housing development.
CAPTION: The Bulimba Barracks site in Brisbane – red boundary indicates the sale area, blue boundary indicates the new HMAS Moreton.
RELATED STORY: Bulimba Barracks sold to Taiwanese backed developer
Minister for Defence Industry Melissa Price and Minister for Housing Michael Sukkar announced the $63 million settlement of the prime Brisbane-river-bank site earlier today.
“This represents the Morrison Government’s ongoing commitment to unlock surplus Commonwealth land for alternative uses, including housing,” Minister Price said.
“The sale of Bulimba Barracks will unlock the potential of the site to deliver environmental, community amenity, heritage and housing supply outcomes.”
Minister Sukkar said the Commonwealth government was leading by example and unlocking land to increase housing supply.
“While the states and territories have far greater land holdings that can be opened up for development, we are committed to releasing suitable Commonwealth land, including defence land, for private housing development,” Minister Sukkar said.
“The sale of the Bulimba Barracks site has the potential to unlock the development of up to 800 new dwellings near the heart of the Brisbane.
“I look forward to the Shayher Group, an experienced developer, now working with the Brisbane City Council to progress a detailed planning proposal.”
The detailed planning proposal will include community consultation and a remediation action plan for approval by an auditor accredited by the Queensland Department of Environment and Science.
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I hope the th real estate agents and the investors realise the poinciana tree on the water front surrounded by the deck of the building which was Sgt’s mess has great significance as its haS been there since the 1940’s and is known as the tree of knowledge. There was a plaque indicating this hopefully it has been removed and placed in a museum.
Does the minister mean,” “This represents the Morrison Government’s ongoing commitment to unlock surplus Commonwealth land for alternative uses, including housing,” BY OVERSEAS INTERESTS Minister Price said.
“The sale of Bulimba Barracks will unlock the potential of the site to deliver environmental, community amenity, heritage and housing supply outcomes.” GREAT JUST WHAT BRISBANE NEEDS ANOTHER 1500 VEHICLES ON THEIR ALREADY GRIDLOCKED ROADS.
COULD HAVE DEVELOPED THIS LAND AS RETREAT OR SERVICE ACCOMMODATION FOR SERVICE MEMBERS AND THEIR FAMILIES.
MIGHT HAVE ASSISTED IN REHAB AND SUICIDE PREVENTION.
ANOTHER SLAP IN THE FACE. THANKS GREEDY POLYIES. NEEDS INVESTIGATING?