Geelong Commission Flat Site Listed For Private Sale

WHILE attention in Geelong’s this week has circled the ‘approved-by-stealth’ public-private housing redevelopment of the city’s former TAFE site, another high profile property - given the green light last year to become one of the federal government’s 80,000 social and affordable new dwellings – failed to sell at auction.

Grey concrete silos at 46 – 48 Mercer Street, at the corner of Roy Street, and near the town centre – has now been listed for private sale through Colliers International at $1.95 million.

A 40-unit affordable housing development has been approved to be developed within the walls of the high-rise silos, prominent on the drive in to Geelong.

The Rudd government aims to substantially boost the number of social and affordable houses nationally by 2012.

In an attempt to obtain part of the $5.6 billion funding, the Brumby government seized planning control from councils, and suspended notice and appeal rights for residents until June 2012.

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