Disposal of 21 Morago Street, Moulamein

On display until 18 February 2025, 04:00 PM

Council is advising Community members, under Section 5.3 of Council’s Land Acquisition and Disposal Policy, Council will be disposing of Part Lot 1 DP 525866 – 21 Morago Street, Moulamein, including a residential building located on the block.

The property, Part Lot 1 DP 525866 – 21 Morago Street, Moulamein, is currently undergoing a subdivision which will be finalised prior to disposal.

Edward River Gardens is the proposed buyer of the property and disposal will be through a direct, non-competitive process. The residential property will be used to provide a permanent housing option for Edward River Gardens to accommodate employees to work in the Moulamein community.

The provision of a permanent housing option will assist Edward River Gardens to attract new employees and/or retain current employees. This will assist Council to achieve the policy objective to promote the availability of adequate affordable retirement housing within Council’s footprint.

The property has been recently valued at $215,000 (19 November 2024) and $220,000 (16 January 2025) by 2 independent Certified Practising Valuers, with the disposal price being $235,000.

Any objection to the proposed disposal must be received by Council by no later than 4pm AEDST on 18 February 2025. Objections can be provided to admin@murrayriver.nsw.gov.au