Three properties in the Rockhampton region are to be acquired by the council as the overdue rates are worth more than value of the land.
A report on the worthless properties was presented to Rockhampton Regional councillors this week.
The owners of the following properties have overdue rates:
1 Blarney Ln, Mount Morgan: rates not paid since 30/06/2015, overdue rates and interest: $14,004.37, unimproved capital valuation: $9,200.
Lot 406 Augusta St, Westwood: rates not paid since 30/06/2014, overdue rates and interest: $12,150.25, unimproved capital valuation: $7,400.
Lot 302 Augusta St, Westwood: rates not paid since 30/06/2014, overdue rates and interest: $12,150.25, unimproved capital valuation: $7,400.
All blocks are vacant land.
Th…
Read the full article at: https://www.themorningbulletin.com.au/news/rocky-council-to-acquire-worthless-properties-for-/4212425/
