Pool site sold

20-11-2018 by admin

The old Kyneton Outdoor Pool site is set to be sold for medium-density residential development.The old Kyneton Outdoor Pool site is set to be sold for medium-density residential development, Macedon Ranges Council has revealed to theExpress.

Council selected the highest of four offers to buy the prominently positioned yet derelict property at 2-8 Maxwell Street. The land is opposite the Kyneton Botanic Gardens and a short walk to the train station, shops and schools.

The company and council have entered into a contract of sale, said council’s director of corporate services Glenn Owens.

The amount offered for the sale of the 3760-square-metre land will remain in ‘commercial in confidence’ until the contract of sale has settled.

Profits from the sale will go towards some of the debt encountered in the Kyneton Sports and Aquatic Centre development.

Council’s 2009/10 budget estimated the net proceeds of the site would be $400,000.

However, council has already spent $176,000 on remedial and environmental works after the site was found to be contaminated from its one-time use as refuse disposal site.

An environmental audit report stated the site could be redeveloped for residential, commercial or industrial purposes.

The site would require a barrier such as buildings, pavements or clean fill across the site to limit access to contaminants.

Mr Owens said settlement of the sale was subject to rezoning the site from Public Park and Recreation to General Residential.

The new owners will need to obtain a planning permit before their plans can go ahead.

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