{"id":131648,"date":"2016-01-14T21:04:46","date_gmt":"2016-01-14T11:04:46","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=131648"},"modified":"2020-10-30T09:01:50","modified_gmt":"2020-10-29T23:01:50","slug":"pound-street-going-on-the-market","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2016\/01\/14\/pound-street-going-on-the-market\/","title":{"rendered":"Pound Street Going On The Market"},"content":{"rendered":"
\"\"<\/a>
FLASHBACK: Contaminated soil being removed from the Pound Street site in July 2013<\/figcaption><\/figure>\n

January 15, 2016<\/strong><\/p>\n

The South Burnett Regional Council will call for expressions of interest in one of the region’s choicest pieces of real estate: the former Pound Street Depot site in Kingaroy.<\/p>\n

The large block, between Pound Street and Kingaroy Street, was originally used as a works depot by the former Kingaroy Shire Council.<\/p>\n

When the depot was decommissioned in 2007, it was discovered the land had become contaminated.<\/p>\n

A lengthy and expensive decontamination process was then carried out, concluding in December 2014 when the block was finally given the “all clear” and removed from the State Contaminated Land Register.<\/p>\n

The Council then engaged Local Government Infrastructure Services (LGIS) to recommend options for the site’s future use.<\/p>\n

They advised the block would be suitable for a major retail development; a commercial government office; a private hospital or day surgery; community housing and\/or aged care; a conference\/entertainment centre; or mixed use.<\/p>\n

At Wednesday’s Council meeting, Councillors voted to seek expressions of interest in the block.<\/strong><\/p>\n

Cr Damien Tessmann, who moved the motion, said the land was a parcel that needed to be sold at some time.<\/p>\n

But Cr Barry Green disagreed.<\/p>\n

“I’m not in favour of this idea,” he said.<\/p>\n

“This land is prime real estate and a major asset. We spent $1 million on it and now want to sell it. I think we would be better to keep it or lease it.”<\/p>\n

Mayor Wayne Kratzmann said the purpose of the exercise was simply to gauge market interest.<\/p>\n

“We are not issuing a tender. But if any offers are made, they will come back to Council and can be considered then.”<\/p>\n

Cr Keith Campbell said he thought calling for expressions of interest exercise was a logical way to test the current state of the market.<\/p>\n

“I don’t see why we should just let it sit there. And if this site is developed, it could turn into an income stream for Council.”<\/p>\n

Related articles:<\/strong><\/p>\n