FINI GROUP —
MEDIHOTEL
485. Hon PETER COLLIER to
the minister representing the Minister for Lands:
I refer to question without notice
437, answered on Wednesday, 8 May 2019.
(1) Will the
minister confirm that lot 3 of stage 1A is 3 009 square metres?
(2) Will the
minister confirm that this parcel of land sold for $220 000, inclusive of GST?
(3) Will the
minister advise how a value of $220 000 was reached for the sale of this land?
(4) Were there
any higher offers for this parcel of land; and, if yes, how many and for what
value?
Hon
STEPHEN DAWSON replied:
I thank the Leader of the Opposition
for some notice of the question.
(1)–(2) Yes.
(3) Fini Group, as master developer, submitted its
proposal in response to LandCorp's multi-stage competitive sales
process for the purchase and development of stage 1A, lots 1 to 3. LandCorp
entered into three separate contracts of sale with developers operating
under the master developer's proposal, namely MHKP Asset Pty Ltd for lots 1 and 3 for $4.62 million, GST
inclusive; and Aegis Health Pty Ltd for lot 2 for $9.24 million, GST
inclusive. The total sales price for all three lots was $13.86 million, GST inclusive.
(4) Fini Group
provided the highest offer for the stage 1A land. The lot configuration was
modified from the initial sales release and therefore other offers are not
comparable on an individual lot basis.