Properties to be acquired for Metro Rail

Properties to be acquired for Metro Rail

The State Government will compulsorily acquire a CBD apartment building and 14 commercial buildings as part of the Melbourne Metro Rail project.

The Government is yet to identify the apartment building, which contains 49 apartments and two retail spaces or the commercial properties, saying owners were still being notified.

Alongside the CBD acquisitions, the State Government will also notify property owners in South Kensington, South Yarra and Parkville that their properties are required for the project.

In total 44 buildings across Melbourne will be acquired, affecting 94 titles.

These buildings include 29 commercial properties and 15 residential properties.

Minister for Public Transport Jacinta Allan described the acquisitions as a “difficult but important step in building and delivering the Melbourne Metro Rail Project.”

She acknowledged the acquisitions would be a "difficult process", particularly for people who had been notified their properties would be acquired.

However, she said the Melbourne Metro Rail project was much needed for Melbourne and Victoria.

The acquisitions are concentrated around the stations and tunnel entrances.

Ms Allan said the current plan was for the required properties to be vacated in 2017 to allow construction to begin in 2018.

The Melbourne Metro Rail Authority will also soon begin engaging with people whose properties aren’t required for the project, but will be affected by construction.

Since Labor has been in power …

Since Labor has been in power …

March 20th, 2024 - Evan Mulholland
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