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Legislative Assembly for the ACT: 1997 Week 6 Hansard (19 June) . . Page.. 1890 ..

MR STEFANIAK - The answer to the Member's question is as follows:

(1)

(a) Two properties were sold in the suburb of Ainslie between 1 February 1997 and 12 May 1997.

(b) Four properties were sold in the suburb of O'Connor between 1 February 1997 and 12 May 1997.

(2)

(a), (b) and (c),

LOCATION SALE PRICE + OR - VALUATION

11 Baker Gardens Ainslie $136,500 sold within valuation

16 Hawdon Street Ainslie $120,000 sold within valuation

35 Wandoo Street O'Connor $143,000 sold within valuation

20 Boobialla Street O'Connor $147,000 sold within valuation

4 Cockle Street O'Connor $148,000 sold within valuation

7 Tate Street O'Connor $163,000 sold within valuation

(d) All the above properties were vacant at the time of decision to sell.

(e) N/A

(f) All of the above properties were sold at auction.

(g) N/A

(h) All properties were vacated as the result of the tenant's decision to move.

(3)(a)(i) There are eight vacant properties in Ainslie as at 12 May 1997. Six of these are awaiting redevelopment, and two are awaiting leases and eventual sale.

(ii) There are seven vacant properties in O'Connor as at 12 May 1997. All of these properties have been earmarked for redevelopment purposes.

There are also thirty seven properties in O'Connor, (of which twenty eight are flats) and fourteen properties in Ainslie, (of which two are flats) which are undergoing maintenance for return to re-allocation.

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