Akuna Street will be sold, Mayor clarifies

Kiama Council

Akuna Street, main

The Mayor has issued a clarification about Council's landholdings at Akuna Street, Kiama that is currently being sold by tender.

On 19 October 2021, Kiama Municipal Council resolved to proceed to open tender for the sale of land located in Akuna Street, Shoalhaven Street and Terralong Street, Kiama.

Since the Council resolution, we have appointed an agent – Savills Sydney – who are currently seeking Expressions of Interest (EOI) to tender for the sale.

"The Akuna Street landholdings were purchased as part of Council's investment strategy. Council is now realising that investment by selling the block by an open tender process, which is currently well underway," Cr Reilly said.

"Land prices in Kiama have never been higher and this is fortunate, as Council is certainly in need of funds right now."

"I am aware that some community members are calling for the former 'Kiama Independent' building to be saved and converted to an arts centre. This is not going to happen. The deadline for a recision motion has long passed. We are following the resolution of Council and the sale process is in progress."

The Mayor said: "While I am a huge supporter of the arts, this particular block and that building was never under consideration as a location for a Kiama Arts Centre."

"I would be very happy to meet with any members of the community to discuss their needs for an arts centre, so we can include this in our future plans and budgets," Mayor Reilly said.

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