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Beyond the expected

The other shoe drops at Westridge House

By johnboy - 11 March 2011 2

The National Capital Authority is letting people know that as sure as night has followed day the new owner of Westridge House (purchased for $3.2 million) would like to rezone the land:

The National Capital Authority is proposing an amendment to the National Capital Plan to change the recognised land use of Westridge House (Block 6, Section 4 Yarralumla), from ‘Community Facility’ to ‘Single Dwelling Residential’.

The proposed amendment will allow Westridge House to be utilised as a private residence.

It will still be subject to to heritage protection.

What’s Your opinion?


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2 Responses to
The other shoe drops at Westridge House
Deref 1:03 pm 14 Mar 11

troll-sniffer said :

I think that the conditions of sale included a presumption and acceptance by the NCA that the lease could be changed to a private dwelling, so no surprises there.

How long before some of the good old boys money changes hands and the block is re-zoned to something more investment-friendly? Anyone care to take a 10 year bet?

Only a question of how many floors the block of flats will have. I bet 10 or more.

troll-sniffer 11:51 am 11 Mar 11

I think that the conditions of sale included a presumption and acceptance by the NCA that the lease could be changed to a private dwelling, so no surprises there.

How long before some of the good old boys money changes hands and the block is re-zoned to something more investment-friendly? Anyone care to take a 10 year bet?

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