WA Parliament QoN regarding the sale of Duncraig House, including its value, sale price, associated costs, and a heritage agreement. The Minister provides detailed answers and tables the heritage agreement.

AnsweredQoN 1297Legislative Council
Asked
18 September 2003
Portfolio
Housing and Works

QuestionView source ↗

I refer to the disposal of Duncraig House in the City of Melville. (1) What was the estimated value of Duncraig House prior to the place being advertised for sale? (2) Has the place been sold; if so, what is the name of the purchaser and what was the sale price? (3) What costs were associated with the advertising and management of the tender process and sale of Duncraig House? (4) What is the net amount of income expected to be realised from the sale of this property? (5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS

AnswerView source ↗

I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(1) What was the estimated value of Duncraig House prior to the place being advertised for sale? (2) Has the place been sold; if so, what is the name of the purchaser and what was the sale price? (3) What costs were associated with the advertising and management of the tender process and sale of Duncraig House? (4) What is the net amount of income expected to be realised from the sale of this property? (5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(2) Has the place been sold; if so, what is the name of the purchaser and what was the sale price? (3) What costs were associated with the advertising and management of the tender process and sale of Duncraig House? (4) What is the net amount of income expected to be realised from the sale of this property? (5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(3) What costs were associated with the advertising and management of the tender process and sale of Duncraig House? (4) What is the net amount of income expected to be realised from the sale of this property? (5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(4) What is the net amount of income expected to be realised from the sale of this property? (5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(5) Has a heritage agreement been prepared as part of the property disposal process? (6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(6) If yes to (5), will the minister table a copy of that agreement? Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
Hon NICK GRIFFITHS replied: I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
I thank the member for some notice of this question. (1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(1) Four million dollars. (2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(2) A contract of sale has been entered into. The purchaser was Leseur Investments Pty Ltd. The sale price is $4.1 million, and the settlement date is on or before 15 May 2004. (3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(3) Selling costs have not yet been calculated accurately but are expected to be of the order of $53 000. (4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(4) The expected net income to be realised from the sale, after allowing for selling costs, rezoning costs and the goods and services tax payable under the margin scheme is approximately $4 million. Proceeds will be appropriated to the Department of Health. (5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(5) Yes. (6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
(6) I table a copy of the heritage agreement. In the contract of sale, the purchaser acknowledged that he will be required to execute the heritage agreement before settlement is effected. [See paper No 1447.]
[See paper No 1447.]

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