Federal Government Continuing to Buy Commission Flat Sites

THE federal and state governments are continuing to buy development sites and vacant properties that it can convert into public housing.

It has recently acquired two prominent properties in the seaside hamlet of Wonthaggi, about 132 kilometres south-east of Melbourne.

In the highest profile deal, the government outmuscled developers and operators for the former Golf Links Hotel, which is set to be redeveloped into a major rooming house.

At another site at 7 Mortimer Street, near the Wonthaggi town centre, a vacant block offering picturesque views over the Wonthaggi Golf Course and Bass Strait is also set to make way for a new commission flat complex.

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Nathan Tinkler’s Buildev Invests in Sleepy Wonthaggi, Victoria

MILLIONS of interstate mining dollars will be invested in sleepy South Gippsland.

Sydney-based developer Buildev – of which NSW based mining magnate Nathan Tinkler (pictured, right) is a key shareholder – has signed an agreement to acquire part of the Wonthaggi Golf Club, on South Dudley Road and a stretch of Bass Highway known as McKenzie Street, north of the Wonthaggi township.

Buidev plans to build medium density housing, tourist accommodation and a retirement village on a 15 hectare slice of the course. The affected land is along the perimeter of the site between what is currently the 14th and 18th holes.

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Inverloch Residents Say Desal Worker Demand is Pushing Rents up by Stealth

RESIDENTS in a township near Victoria’s new Desalination Plant say they are being evicted so that landlords can re-let properties at a significantly higher price, to people working on the controversial project.

Bass Coast mayor Peter Paul is said to be investigating the issue whereby agents tell tenants the owner wants to sell the property, only to then re-let the property, at a substantially higher rent.

One resident is being evicted from an Inverlcoh house she has been paying $250 per week for. The home would fetch $500 per week, if it were put on the open market, the South Gippsland Advertiser reports.


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