Hon Charles Smith questions the Minister for Lands regarding the sale of Midland railway workshops buildings 2 and 3 to Australian Capital Equity, inquiring about the tender process, other bidders, sale price, and potential links to a debt owed to West Australian Newspapers by the Labor Party.

AnsweredQoN 215Legislative Council
Asked
17 March 2020
Portfolio
Lands

QuestionView source ↗

MIDLAND WORKSHOPS SITE
215. Hon CHARLES SMITH to the minister representing the
Minister for Lands:
I refer to question without notice
168 about the sale of buildings 2 and 3 of the Midland railway workshops to
Australian Capital Equity.
(1) Will the minister please table
the details of the public tender process and the conditional contract?
(2) What other entities bid for
these buildings?
(3) What were buildings 2 and 3 sold
for?
(4) Does the sale to Australian Capital Equity have
anything to do with the debt to West Australian Newspapers of $188 383,
as per the Western Australian Labor Party's 2018–19 political
party annual return?

AnswerView source ↗

I thank the honourable member for
some notice of the question. The following answer has been provided to me by
the Minister for Lands.
(1) The sites were released to market in June 2017
seeking offers to purchase. Three submissions were received .
Subsequently, a contract for the sale of the two workshops was entered into
with a subsidiary of Australian Capital Equity.
(2) They were Midland Workshop
Markets and Stuart Redcliffe Hawley.
(3) Block 2 was sold for $2.6 million, excluding GST,
and block 3 was sold for $3.85 million, excluding GST.
(4) The sale
proceeds for all land sales within the Midland railway workshops precinct are
used to retire legacy debt for the precinct.

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