Sale of land for rates arrears
Under the Local Government Act, Councils are able to take action that may result in the sale of a property in order to recover overdue rates.
Summary of notice of intention to sell land
To the owners of land listed below, notice is hereby given pursuant to sections 239(2) and (3) of the Local Government Act 2009 and 140 of the Local Government Regulation 2012 that Logan City Council has resolved to sell land (including the lands described below) because overdue rates have remained unpaid.
By way of substituted service, the full notice which details each of the overdue rates on the land, the terms of Council’s resolution to sell the land and the relevant provisions of the Regulation are listed in the schedule below:
|
Owners Name |
Property Address |
Property Description |
Area |
Notice of Intention to Sell |
|---|---|---|---|---|
|
Weijia Investment Pty Ltd |
1/7 Allamanda Drive Daisy Hill 4127 |
Lot 1 BUP 5584 |
184 square metres |
|
|
Ozy Trades Pty Ltd (Trustee) |
3431 Pacific Highway, Slacks Creek 4127 |
Lot 5 SP 216127 |
2312 square metres |
|
|
Olivia Fabila |
97-105 Canterbury Drive, Mundoolun 4285 |
Lot 66 RP 853397 |
12070 square metres |
|
|
Liansheng Yue |
50-74 Riedel Road, Carbrook 4130 |
Lot 1 RP 45125 |
16187 square metres |
|
|
Vanessa Skye Ryan |
14 Vedders Drive, Heritage Park 4118 |
Lot 124 SP 143539 |
715 square metres |
Interest has accrued on the overdue rates from the date they became overdue and continues to accrue at a rate of 12.35 percent per annum compounding daily.
In addition to this publication, a summary of the Notice will be placed in the Courier Mail and the Government Gazette within 14 days.
Inspecting properties for sale by auction
You are not able to inspect the properties before the auction as the residents are still living there. Please respect their privacy.
The owners still have an opportunity to pay the rates up until the auction.
Searches
You or your solicitor can do any property searches you feel are important before the auction.
Gaining a valuation
If you need a valuation for the property, you will need to do a curb-side valuation as you will not be able to access the property.
Conditions of sale / contract
Conditions of sale document (PDF 25 KB)
If you plan to bid at an auction, please note the points below.
- To make a bid, you will need to register with the auctioneer on the day of the auction. Please bring photo identification.
- The property will be sold unencumbered and any mortgage or security will be released upon transfer.
- Proceeds of the sale will pay any outstanding rates and fees.
- The purchaser will be responsible for any stamp duties and lodgement fees.
- Settlement terms are 10 percent payable on the fall of the hammer. You will need to pay the balance within 14 days.
- You can pay with cash, credit card or bank cheque. We will allow a reasonable amount of time for you to get a bank cheque on the day of the auction. Please discuss these arrangements with us before the day of the auction.
- The properties will be sold as is, with all goods and belongings becoming the responsibility of the successful bidder.
- Gaining vacant possession is the responsibility of the successful bidder.
For more information, please contact Council on 07 3412 5230.