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  <name>House of Assembly</name>
  <date date="2014-10-14" />
  <sessionName>Fifty-Third Parliament, First Session (53-1)</sessionName>
  <parliamentNum>53</parliamentNum>
  <sessionNum>1</sessionNum>
  <parliamentName>Parliament of South Australia</parliamentName>
  <house>House of Assembly</house>
  <venue></venue>
  <reviewStage>published</reviewStage>
  <startPage num="2147" />
  <endPage num="2260" />
  <dateModified time="2022-08-06T14:30:00+00:00" />
  <proceeding continued="true">
    <name>Answers to Questions</name>
    <subject>
      <name>Gillman Land Sale</name>
      <page num="2215" />
      <text id="201410143a2927e5c1b0487fb0001095">
        <heading>Gillman Land Sale</heading>
      </text>
      <talker role="member" id="1804" kind="question">
        <name>In reply to Ms CHAPMAN</name>
        <house>House of Assembly</house>
        <electorate id="">Bragg</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Leader of the Opposition</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2014-10-14">
            <name>Gillman Land Sale</name>
          </question>
        </questions>
        <text id="201410143a2927e5c1b0487fb0001096">In reply to <by role="member" id="1804">Ms CHAPMAN (Bragg—Deputy Leader of the Opposition)</by> (19 June 2014).  </text>
      </talker>
      <talker role="member" id="1810" kind="answer">
        <name>The Hon. J.R. RAU</name>
        <house>House of Assembly</house>
        <electorate id="">Enfield</electorate>
        <portfolios>
          <portfolio id="">
            <name>Deputy Premier</name>
          </portfolio>
          <portfolio id="">
            <name>Attorney-General</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Justice Reform</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Planning</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Housing and Urban Development</name>
          </portfolio>
          <portfolio id="">
            <name>Minister for Industrial Relations</name>
          </portfolio>
        </portfolios>
        <questions>
          <question date="2014-10-14">
            <name>Gillman Land Sale</name>
          </question>
        </questions>
        <text id="201410143a2927e5c1b0487fb0001097">
          <by role="member" id="1810">The Hon. J.R. RAU (Enfield—Deputy Premier, Attorney-General, Minister for Justice Reform, Minister for Planning, Minister for Housing and Urban Development, Minister for Industrial Relations):</by>  I have been advised:</text>
        <text id="201410143a2927e5c1b0487fb0001098">Renewal SA sold a 15.68 hectare parcel of land (Lot 202) within the former Dean Rifle Range to a related party to ACP. Settlement occurred in December 2010. The purchase price of the land sold equates to $40.18 per square metre.</text>
        <text id="201410143a2927e5c1b0487fb0001099">This relates to land in the area with a similar low-lying topography to that which is the subject of the current option deed with ACP; however, it is a smaller parcel and therefore does not require the same level of development by means of  access roads, services or the like. There is a general rule in valuations that larger parcels of land have a value that is higher overall, but less on a square metre basis than smaller parcels.</text>
        <text id="201410143a2927e5c1b0487fb0001100">The purchase price of the land, the subject of the option deed, equates to $30 per square metre.</text>
      </talker>
    </subject>
  </proceeding>
</hansard>