Senator the Hon. Mathias Cormann
Minister for Finance
Deputy Leader of the Government in the Senate
Senator for Western Australia
Date: Tuesday, 4 April 2017
The Government continues to ensure that the Commonwealth's property portfolio is appropriate for expected future needs and maximises value for taxpayers.
Along with the sale of Anzac Park East and Anzac Park West announced last year, the Government is now confirming the sale of East Block and West Block.
The Government will now seek expressions of interest for the following properties following completion of pre-sale preparation activities:
- Anzac Park East;
- Anzac Park West; and
- West Block.
The sale process for East Block will commence by mid-2017.
Private investment will support urban renewal, revitalisation of heritage buildings, reopening of the former restaurant building next to Anzac Park West and the overdue rebuild of Anzac Park East, which has been unusable for decades.
This is the first time that land has been offered for sale within the Parliamentary Triangle.
The approach to market provides significant development opportunities, and contributes to the revitalisation of key areas within the Parliamentary Triangle precinct, consistent with the National Capital Plan.
Karen Wu - 0428 350 139