What will the cost of housing be under a Section 19A township lease
Under a Section19A township lease there is a cost for acquiring a sub-lease and an annual sublease fee. This will be in addition to any rates or other outgoings.
The details of costs are expected to be made available late 2019. The EDTL calculates the costs by reference to commercial rates and land valuation. Many residents will continue under a tenancy agreement. The finalisation of costs and terms for standard tenancies are underway and are expected to be made available late 2019.
Last updated: 11 June 2019