Council Seeks Expressions of Interest in Residential Subdivision
Council is currently reviewing the timing of further development in the Aero Park Residential Subdivision and seeks Expressions of Interest from the community to determine if there is sufficient demand to develop the next stage in the 2017/18 to 2020/21 financial years.
Four of the five lots in Stage One sold within a few months of being released onto the market. As part of developing the 2017/18 to 2020/21 budget and capital works program, Council need to establish if there is sufficient demand to develop the 22 lots in Stage Two or delay the development to future years when demand has increased.
General Manager, David Neeves said whilst some infrastructure works have been strategically carried out recently to avoid a significant price rise, there is more works required.
“Whist Council is committed to the development of residential land to meet the future needs of our community, we also need to prioritise projects as not everything can be done in one year. At the same time, Council does not want to see the scenario where people are looking to build new houses but are unable to do so as a result of the unavailability of suitable land.”
Stage Two of Aero Park is made up of 22 lots ranging in size from 1100m2 to 1800m2. The land is located on the eastern side of the Aerodrome, lots are perfectly orientated with a north / south aspect, the land is flat and cleared making development favourable. The development is designed to include kerb and gutter, sealed roads, underground power and serviced with town water and sewer. At this point it is difficult to list an exact price for lots but prices will be set at fair market value with the intent to encourage development.
People interested in potentially purchasing a lot in the Aero Park Stage Two are encouraged to complete the short survey on Councils Website, there is also a link to the survey on Councils’ Facebook page or calling Councils Administration Office. This is a non-binding Expression of Interest to assist council determine if there is sufficient demand to undertake Stage Two in the immediate future. Residents have until April 7 to complete the Expression of Interest.
Complete the short survey buy clicking on the link below