Landowners offered $5000 to walk away
http://www.illawarramercury.com.au/story/401873/landowners-offered-...
Long-suffering landowners in a controversial South Coast estate are being offered $5000 a block to hand their properties over to form part of Jervis Bay National Park.
The purchase offer has come from the Foundation for National Parks and Wildlife, a not-for-profit organisation that purchases land for conservation, which has been given $5.4 million from the federal government.
People who had bought into the estate in the 1980s and '90s on the expectation it would be rezoned to allow housing found themselves on the outer in 2009 after a decision to quarantine the area from development.
Comment
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Comment by Pamela Ida Prince on October 18, 2012 at 4:52am
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I would ask for 25,000 at least .. or market value at best + 5000. Greenies indeed, they let Cubby Station go on the Cheap.. with a China Agent pushing it through. That Land was supposed to be 'fragile' and not for Mega Agro Cropping or Mono Cropping as they have done.. Remember http://upload.wikimedia.org/wikipedia/en/1/17/We_of_the_Never_Never... huge tracts of sand that smothered the homestead?
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