Kiama Council is pleased to announce the covenant restricting the sale on 5 lots of Council-owned market-ready land on Glenbrook Drive, Kiama has been lifted.
Kiama Mayor Cameron McDonald said that after years of persistent advocacy and negotiation from Council, the Minister for Transport has approved the removal of a longstanding restrictive covenant on these five residential lots. These lots are now cleared for sale – marking a major milestone for Council's land strategy and financial sustainability.
The restrictive covenant, placed in 1994, limited development and significantly devalued the lots. Following extensive engagement with Transport for NSW, an agreement was reached to replace the covenant with an easement – preserving necessary protections without preventing development.
The executed documents were received by Council this week, signed, and formally lodged with the NSW Land Titles Office. A realtor has now been engaged to take the lots to market.
"This outcome is the result of years of advocacy, collaboration, and persistence," said Kiama Council CEO Jane Stroud, "To finally unlock these five lots after so many years is a real achievement – and it's just the beginning. We sincerely thank the NSW Minister for Transport John Graham for his attention to this and Sarah Kaine MLC for her advocacy on our behalf."
