Proposed sale of land and laneways in Balaclava
We have been approached by Coles Group Property Developments Ltd. (Coles) regarding their interest in purchasing a parcel of Council-owned land and laneways near Carlisle Street, Balaclava.
Location
Land and laneways in the carpark area enclosed by Carlisle, Alfred, Nelson and Camden Streets in Balaclava.
Cost
Milestones
Why are we doing this?
In August 2024, Council endorsed the commencement of a community consultation process regarding the potential sale of some of its land in Balaclava in a step towards implementing a long-term strategy for the area.
The impact
The potential sale of this site and consolidation of landholdings could unlock the ability for future development at the site and a more vibrant and functional space for the Balaclava community.
Objectives
We will be consulting our community about this proposal in early 2025 to help guide Council’s decision-making.