❓ Dr Gallop's parliamentary question seeks detailed information on asset sales by the Department of Commerce and Trade, Mid West Development Commission, and South West Development Commission, including sale dates, buyers, proceeds, associated revenue, fund application, and costs. The Minister provides specific details for each sale, noting some stamp duty information is unavailable for Commerce and Trade.
AnsweredQoN 492Legislative Assembly
QuestionView source ↗
(b) date sold; (c) nature of sale and name of buyer; (d) proceeds received from the asset; (e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(c) nature of sale and name of buyer; (d) proceeds received from the asset; (e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(d) proceeds received from the asset; (e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(g) any associated costs incurred in the sale process?
(c) nature of sale and name of buyer; (d) proceeds received from the asset; (e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(d) proceeds received from the asset; (e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(e) associated revenue from the sale, such as stamp duty; (f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(f) the application of the funds received; and (g) any associated costs incurred in the sale process?
(g) any associated costs incurred in the sale process?
AnswerView source ↗
Answered
19 October 2000
Response time
70 days
The Minister Replied:
Department of Commerce and Trade
1. Lot 23, Brodie Hall Drive, Technology Park, Bentley
(a) As above
(b) 24 March 1997
(c) Creggan Holdings Pty Ltd
(d) $516,201.81
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department's Technology Park in Bentley
(g) $13,841
2. Suites 2 & 3, Enterprise Unit 4, Technology Park, Bentley
(a) As above
(b) 30 April 1999
(c) Curtin University of Technology
(d) $594,448.50
(e) Information is not available from Commerce and Trade
(f) The funds were primarily used to retire outstanding loans due to Landcorp
(g) $15,551.50
3. Lot 15, Dick Perry Avenue, Technology Park, Bentley
(a) As above
(b) 27 August 1999
(c) CSIRO
(d) $1,506,330
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department
(g) $43,670.00
4. Lot 24, Brodie Hall Drive, Technology Park, Bentley
(a) As above
(b) 28 June 2000
(c) Creggan Holdings as trustee for the Boston Investment Group No 2
(d) $557,304.71
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department's Technology Park in Bentley
(g) $29,415.20
Mid West Development Commission
(a) Land at the Batavia Coast Marina redevelopment site, being Lots 1 and 2 on Diagram 83746.
(b) 23 December 1999.
(c) Western Australian Land Authority. The purchase was associated with the Batavia Coast Marina redevelopment.
(d) $2,215,000. The amount is yet to be received.
(e) $102,232.50 stamp duty on the sale of the land to WA Land Authority. WA Land Authority has subdivided the land and commenced sales of the subdivided lots.
(f) To be used for partial repayment of borrowings from WA Treasury Corporation.
(g) The land sale to WA Land Authority occurred as part of the Batavia Coast Marina Redevelopment. This project has a net budgeted cost of $6.82 million which includes project management by LandCorp. LandCorp effected the transfer of the land in its role as project manager. There are therefore no separately identifiable costs, other than stamp duty (refer to (e) above) for the sale of the land.
South West Development Commission
(a) (1) Marlston Hill Lots 806, 807, 809, 813, 814 - vacant land
(2) Picton Industrial Lots 55, 56, 64, 65 - vacant land
(3) Koombana Bay Lot 749 - vacant land
(4) White Silos - Bunbury Town Lot 811
(5) Glen Iris land asset - Leschenault Location 26, Part Lots 4, 8 and 9, Lots 5, 6, 7, 11, 12, 15, 16, 17 and 52
(b) (1) 20 February 1997
(2) 11 October 1997
(3) 4 May 1998
(4) 13 September 1999
(5) 13 September 1999
(c) (1) Private treaty - LandCorp
(2) Public auction - JW Cross, Drinkwater Pty Ltd, Amoeba Nominees Pty Ltd, Prosser Homes Pty Ltd
(3) Public tender - Bellridge Nominees
(4) Private treaty - Timebay Pty Ltd
(5) Public tender - BGC (Australia) Ltd
(d) (1) $924 187
(2) $741 427
(3) $1 100 000
(4) $898 875.65
(5) $491 642
(e) (1) Nil
(2) The Commission does not have information on the amount of Stamp Duty paid for these dealings
(3) Stamp Duty - $42 275
(4) Stamp Duty - $33 775
(5) Stamp Duty - $19 346
(f) (1) - (5) Retained for use in the Commission's Capital Works Program
(g) (1) Nil
(2) $13 777
(3) $9 820
(4) $1 124
(5) $20 639
Department of Commerce and Trade
1. Lot 23, Brodie Hall Drive, Technology Park, Bentley
(a) As above
(b) 24 March 1997
(c) Creggan Holdings Pty Ltd
(d) $516,201.81
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department's Technology Park in Bentley
(g) $13,841
2. Suites 2 & 3, Enterprise Unit 4, Technology Park, Bentley
(a) As above
(b) 30 April 1999
(c) Curtin University of Technology
(d) $594,448.50
(e) Information is not available from Commerce and Trade
(f) The funds were primarily used to retire outstanding loans due to Landcorp
(g) $15,551.50
3. Lot 15, Dick Perry Avenue, Technology Park, Bentley
(a) As above
(b) 27 August 1999
(c) CSIRO
(d) $1,506,330
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department
(g) $43,670.00
4. Lot 24, Brodie Hall Drive, Technology Park, Bentley
(a) As above
(b) 28 June 2000
(c) Creggan Holdings as trustee for the Boston Investment Group No 2
(d) $557,304.71
(e) Information is not available from Commerce and Trade
(f) The funds were used to fund the operations of the department's Technology Park in Bentley
(g) $29,415.20
Mid West Development Commission
(a) Land at the Batavia Coast Marina redevelopment site, being Lots 1 and 2 on Diagram 83746.
(b) 23 December 1999.
(c) Western Australian Land Authority. The purchase was associated with the Batavia Coast Marina redevelopment.
(d) $2,215,000. The amount is yet to be received.
(e) $102,232.50 stamp duty on the sale of the land to WA Land Authority. WA Land Authority has subdivided the land and commenced sales of the subdivided lots.
(f) To be used for partial repayment of borrowings from WA Treasury Corporation.
(g) The land sale to WA Land Authority occurred as part of the Batavia Coast Marina Redevelopment. This project has a net budgeted cost of $6.82 million which includes project management by LandCorp. LandCorp effected the transfer of the land in its role as project manager. There are therefore no separately identifiable costs, other than stamp duty (refer to (e) above) for the sale of the land.
South West Development Commission
(a) (1) Marlston Hill Lots 806, 807, 809, 813, 814 - vacant land
(2) Picton Industrial Lots 55, 56, 64, 65 - vacant land
(3) Koombana Bay Lot 749 - vacant land
(4) White Silos - Bunbury Town Lot 811
(5) Glen Iris land asset - Leschenault Location 26, Part Lots 4, 8 and 9, Lots 5, 6, 7, 11, 12, 15, 16, 17 and 52
(b) (1) 20 February 1997
(2) 11 October 1997
(3) 4 May 1998
(4) 13 September 1999
(5) 13 September 1999
(c) (1) Private treaty - LandCorp
(2) Public auction - JW Cross, Drinkwater Pty Ltd, Amoeba Nominees Pty Ltd, Prosser Homes Pty Ltd
(3) Public tender - Bellridge Nominees
(4) Private treaty - Timebay Pty Ltd
(5) Public tender - BGC (Australia) Ltd
(d) (1) $924 187
(2) $741 427
(3) $1 100 000
(4) $898 875.65
(5) $491 642
(e) (1) Nil
(2) The Commission does not have information on the amount of Stamp Duty paid for these dealings
(3) Stamp Duty - $42 275
(4) Stamp Duty - $33 775
(5) Stamp Duty - $19 346
(f) (1) - (5) Retained for use in the Commission's Capital Works Program
(g) (1) Nil
(2) $13 777
(3) $9 820
(4) $1 124
(5) $20 639
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.