Hon Adele Farina asks about the timeframe for AustPro Management Services Group to exercise its option to purchase Lot 2 Koombana North and whether there's a requirement for tourism accommodation on that lot. The Minister confirms the option expires on 31 March 2016 and there is no such requirement.

AnsweredQoN 229Legislative Council
Asked
17 March 2015
Portfolio
Regional Development

QuestionView source ↗

LOT 1 KOOMBANA NORTH
229. Hon ADELE FARINA to the
minister representing the Minister for Regional Development:
I refer to the Minister for Regional Development's
recent announcement on the sale of Lot 1 Koombana North with an option to purchase
lot 2.
(1) What is
the time frame within which AustPro Management Services Group must exercise its
option to purchase lot 2?
(2) Is there a requirement to provide tourism accommodation
on lot 2?

AnswerView source ↗

I thank the honourable member for some notice of the
question.
(1) The option to purchase lot 2 expires on 31 March 2016.
(2) No, there is not.

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