❓ Question regarding the sale and development of the former Port Hedland Hospital site to Finbar. The government provides answers, but withholds commercially sensitive information pending contract execution.
AnsweredQoN 990Legislative Council
QuestionView source ↗
According to the Australian Business
Journal of 21 January 2014, Finbar is now finalising
documentation with LandCorp to acquire the former hospital site in Port Hedland with
a view to seek development approval for the first stage of the project,
consisting of 138 residential apartments and 800sqm of commercial space, and I ask: (a) what
proportion of the former Port Hedland Hospital Site of 3.15ha is planned to be
used for this development; (b) if
the answer to (a) is not 100 per cent, please explain why not; (c) what
is the current market value of the property; (d) who
currently owns the site; (e) please
provide details about any transfers of land ownership that have taken place
since the hospital closure; (f) is
it proposed to transfer the ownership of the land to Finbar Group Limited; (g) if
yes to (f), what is the agreed or discussed price for the property; (h) if
no to (f), is the Department for Lands or Landcorp involved in any sales negotiations; (i) if
yes to (h), please provide details about the parties involved in the
negotiations; (j) if the answer to (g) is different from the
answer to (c), please explain why; (k) what
environmental concerns have been raised regarding the future development of the
site and by whom; and (l) how
are the concerns under (k) addressed in the amended proposal?
Journal of 21 January 2014, Finbar is now finalising
documentation with LandCorp to acquire the former hospital site in Port Hedland with
a view to seek development approval for the first stage of the project,
consisting of 138 residential apartments and 800sqm of commercial space, and I ask: (a) what
proportion of the former Port Hedland Hospital Site of 3.15ha is planned to be
used for this development; (b) if
the answer to (a) is not 100 per cent, please explain why not; (c) what
is the current market value of the property; (d) who
currently owns the site; (e) please
provide details about any transfers of land ownership that have taken place
since the hospital closure; (f) is
it proposed to transfer the ownership of the land to Finbar Group Limited; (g) if
yes to (f), what is the agreed or discussed price for the property; (h) if
no to (f), is the Department for Lands or Landcorp involved in any sales negotiations; (i) if
yes to (h), please provide details about the parties involved in the
negotiations; (j) if the answer to (g) is different from the
answer to (c), please explain why; (k) what
environmental concerns have been raised regarding the future development of the
site and by whom; and (l) how
are the concerns under (k) addressed in the amended proposal?
AnswerView source ↗
Answered
13 May 2014
Responded by
Parliamentary Secretary representing the Minister for Lands
Response time
42 days
(a) Finbar plan to develop 100 percent of the site over multiple stages depending on market conditions.
(b) Not applicable.
(c) LandCorp instructed CBRE to complete a market valuation of the property in January 2014, however because Finbar and LandCorp are still in the process of finalising the sale contract for execution, this market valuation figure should remain confidential until contract execution.
(d) The site is Crown land under a Management Order to the Department of Health.
(e) There have been no transfers of land ownership since closure of the hospital.
(f) Assuming execution of the sale contract between Finbar and LandCorp and successful completion of the conditions precedent it is proposed for the land to be transferred to LandCorp, and from LandCorp to Finbar.
(g) As Finbar and LandCorp are still in the process of finalising the sale contract for execution, the agreed purchase price should remain confidential until contract execution.
(h - i) Not applicable.
(j) As Finbar and LandCorp are still in the process of finalising the sale contract for execution the contract commercial terms should remain confidential until contract execution.
(k) The environmental concerns raised are:
· Industry Dust - raised by the Department of State Development, Department of Health and BHPBIO.
· Noise - raised by BHPBIO.
· Contamination - the site is classified as a Contaminated Site by the Department of Environmental Regulation with a Memorial on Title. The potential contamination is in reference to a large proportion of the existing hospital buildings being constructed using asbestos cement boarding.
(l) Proposal for demolition and construction will need to comply with relevant statutory requirements.
(b) Not applicable.
(c) LandCorp instructed CBRE to complete a market valuation of the property in January 2014, however because Finbar and LandCorp are still in the process of finalising the sale contract for execution, this market valuation figure should remain confidential until contract execution.
(d) The site is Crown land under a Management Order to the Department of Health.
(e) There have been no transfers of land ownership since closure of the hospital.
(f) Assuming execution of the sale contract between Finbar and LandCorp and successful completion of the conditions precedent it is proposed for the land to be transferred to LandCorp, and from LandCorp to Finbar.
(g) As Finbar and LandCorp are still in the process of finalising the sale contract for execution, the agreed purchase price should remain confidential until contract execution.
(h - i) Not applicable.
(j) As Finbar and LandCorp are still in the process of finalising the sale contract for execution the contract commercial terms should remain confidential until contract execution.
(k) The environmental concerns raised are:
· Industry Dust - raised by the Department of State Development, Department of Health and BHPBIO.
· Noise - raised by BHPBIO.
· Contamination - the site is classified as a Contaminated Site by the Department of Environmental Regulation with a Memorial on Title. The potential contamination is in reference to a large proportion of the existing hospital buildings being constructed using asbestos cement boarding.
(l) Proposal for demolition and construction will need to comply with relevant statutory requirements.
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