‘What a joke’: Proof Aus has lost the plot

News.com.au - 12/04
Slivers of land occupied by electricity substations are being sold off as “prime” home building sites across parts of Sydney in a move that’s stirred bemused and angry reactions online.

Slivers of land occupied by electricity substations are being sold off as “prime” home building sites across parts of Sydney in a move that’s stirred bemused and angry reactions online.

The narrow lots are being offered with live green boxes bolted to the ground and easements that allow maintenance workers access to the electricity kiosks for repairs and upkeep.

Some have labelled the sales “disgusting” and an example of “greed”, while others have expressed concerns about the potential noise and disruption of living around functioning electricity infrastructure.

The properties – most of which are about 100 sqm – are spread across prestigious north shore suburbs including Hunters Hill, Longueville, Willoughby, Mosman and Chatswood.

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A Longueville block with a substation goes to auction.
Blocks are for sale in Longueville, Chatswood, Mosman, Lane Cove West, Hunters Hill, Castlecrag, Willoughby and Turramurra.

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Three of the eight sites go to auction this weekend. No price guides have been released ahead of the auctions but local sources indicated at least one could sell for more than $700,000.

The 101 sqm Mosman block, which goes to auction April 30, has a guide price of $475,000. The listing describes it as offering “untapped potential”.

It’s understood the properties are being sold off by a subsidiary of Ausgrid, which no longer needs them. They are zoned R2 for low density residential.

Belle Property agent Simon Harrison, the agent co-ordinating most of the sales, said the sites were “too unique” to price.

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