Resale or Repurchase - When will blocks be made available for sale on the open market? How can I repurchase my block?
The Taskforce will be looking to re-sell blocks as soon as possible after they are remediated to support repayment of the Commonwealth loan for this Program, as well as to enable community regeneration and owners who are seeking to rebuild on the block to return to their community.
Owners who have elected a First Right of Refusal will be contacted by the Taskforce in the lead up to the demolition regarding the re-purchase price.
Where a First Right of Refusal has been waived, the block will be offered to government agencies (Housing ACT or the Suburban Land Agency) and then for public sale.