❓ Mr. Tinley asks about the sale details, handling of proceeds, and associated costs of the final eight residential land sales at Landgate's Ocean Rise development. The answer states Landgate is not responsible for the development.
AnsweredQoN 5249Legislative Assembly
QuestionView source ↗
I refer to the final eight residential land sales at Landgate's Ocean Rise development in Karrinyup and ask: (a) for each of these lots, when were they sold and what was the sale amount; (b) have the proceeds been transferred to an interest bearing trust account for the City of Stirling, and if not why not; (c) what is the breakdown of holding costs, selling expenses and other on-costs that have been applied to the sale of these lots; and (d) what percentage of the total proceeds has been, or will be deducted as holding costs, selling expenses and other on-costs?
AnswerView source ↗
Answered
5 April 2016
Responded by
Minister for Lands
Response time
20 days
(a) – (d) Landgate is not the authority responsible for the Ocean Rise residential development.
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