Bulimba Barracks on the banks of the Brisbane River has been sold to developer Shayher Group to build a proposed housing development.
CAPTION: The Bulimba Barracks site in Brisbane – red boundary indicates the sale area, blue boundary indicates the new HMAS Moreton.
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Minister for Defence Industry Melissa Price and Minister for Housing Michael Sukkar announced the $63 million settlement of the prime Brisbane-river-bank site earlier today.
“This represents the Morrison Government’s ongoing commitment to unlock surplus Commonwealth land for alternative uses, including housing,” Minister Price said.
“The sale of Bulimba Barracks will unlock the potential of the site to deliver environmental, community amenity, heritage and housing supply outcomes.”
Minister Sukkar said the Commonwealth government was leading by example and unlocking land to increase housing supply.
“While the states and territories have far greater land holdings that can be opened up for development, we are committed to releasing suitable Commonwealth land, including defence land, for private housing development,” Minister Sukkar said.
“The sale of the Bulimba Barracks site has the potential to unlock the development of up to 800 new dwellings near the heart of the Brisbane.
“I look forward to the Shayher Group, an experienced developer, now working with the Brisbane City Council to progress a detailed planning proposal.”
The detailed planning proposal will include community consultation and a remediation action plan for approval by an auditor accredited by the Queensland Department of Environment and Science.