Friday, July 26, 2024

Toowoomba looks to buy former council depot site

QUEENSLAND

Toowoomba Regional Council (TRC) has announced it will make an application to purchase freehold ownership of the Council’s former Oakey Depot site as it continues to explore options for the site.

TRC Environment and Community Committee Chair, Councillor James O’Shea said the application was required to ensure the site was able to be used for purposes other than a depot.

“Like all of our regional towns, Council is committed to stimulating growth throughout the entire Region and Oakey is no exception,” he said.

“With the depot now closed, we have an opportunity to use this site for another purpose which will benefit the local residents and help stimulate the economy.

“Initially we have been investigating options such as a Council-operated business incubator or organisation-operated business incubator but believe the best use for this site will be to establish a private commercial use.

“This would mean the site would be commercially leased to a private company with long term lease options.”

He said the move would also open up the possibility to use part of the site for a community group.

“Council believes this option would have the greatest potential to deliver economic and community benefits, without requiring significant initial or ongoing capital investment from Council.”

“Prior to us going down this path, it has been identified that Council will need to make an application to the Department of Resources to Purchase State Land and enter into any agreement necessary under that application to purchase freehold ownership of the former Oakey Depot site.”

Councillors voted in favour of the recommendation at yesterday’s Ordinary Meeting of Council.

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