Was wondering it... didn't say it...bits wrote:It would be interesting to see also if it was part of a multi site deal, that all other sites don't have very small value attributed to them and this one site now has a very large value.
[U/C] M2 North-South Motorway
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[U/C] Re: News & Discussion: South Road / North-South Corridor
Exit on the right in the direction of travel.
[U/C] Re: News & Discussion: South Road / North-South Corridor
Ok we get it guys... OTR are the devil incarnate.. Now can we get on with talking about the north south corridor?
[U/C] Re: News & Discussion: South Road / North-South Corridor
There's a bunch of new townhouses in one of the side streets just off south road at Thebarton(across from Thebarton Oval). Ridiculous situation we have with South Road. All new development along the corridor should have been prohibited long ago, unless someone actually believed the hype from before the 1990's that we would have flying cars by the year 2000.Hooligan wrote:Yeah, I'm calling shenanigans on this one. Now I'm no business man but even I would not think about buying land alongside south road at any point for top dollar.
[U/C] Re: News & Discussion: South Road / North-South Corridor
I don't think you can just limit land like that without giving massive compensation and at that point perhaps you should just buy it.rev wrote: All new development along the corridor should have been prohibited long ago
What does owning land mean if randomly along the life of it the government can just decide they will prevent you from using your land for normal uses.
If the government wants the land, it needs to buy it. You can't cripple someone's dream of redeveloping etc without large compensation.
The only practical way this can work is exactly as it has been done, where you buy the land as required.
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[U/C] Re: News & Discussion: South Road / North-South Corridor
Legally speaking, relevant authorities, e.g. councils, can only assess what is there now.
Our state, our city, our future.
All views expressed on this forum are my own.
All views expressed on this forum are my own.
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[U/C] Re: News & Discussion: South Road / North-South Corridor
The logical, and most economical approach is for governments to buy these properties as they come on the market, then rent them out until they need to be demolished. Given that governments get funding at low interest rates, and don't have to pay taxes, this can actually make money for the taxpayer. The downside is that this usually increases debt (even though that debt is more than serviced by rental income).bits wrote:I don't think you can just limit land like that without giving massive compensation and at that point perhaps you should just buy it.rev wrote: All new development along the corridor should have been prohibited long ago
What does owning land mean if randomly along the life of it the government can just decide they will prevent you from using your land for normal uses.
If the government wants the land, it needs to buy it. You can't cripple someone's dream of redeveloping etc without large compensation.
The only practical way this can work is exactly as it has been done, where you buy the land as required.
However, suppose Party A does this, saving money in the long term, but increasing debt. Party B comes along, sells the lot and prances round telling everyone what great financial managers they are for reducing the debt. Of course, when the houses have to be purchased (again), it is usually Party A back in power and they get abused for increasing the debt.
Both parties realise this of course, and in SA they are both Guilty of this sort of arsehattery trying to out spin each other.
[U/C] Re: News & Discussion: South Road / North-South Corridor
It sounds good on paper to just buy property as the owner wants to sell but that surely creates problems also.
Is the purchase compulsory? How could someone put the land for sale if they know the only buyer can be the government? Why would they sell? Wouldn't that just allow people to easy game the system, as the purchase would be forced at only the peaks of value.
If you did this over a long period of time you will warp the land value. Maybe diminishing the value as the land is no longer a standard Torrens title, there is huge limitations on the land; compensation would be required.
You could do it on a non compulsory basis and I think that is what had happened to get to where we got to for this project.
I saw houses that couldn't be more than a few years old getting knocked over in this project and also thought what a waste.
But there is just no real way to manage it. The land is the owners to do what they wish and you just can't get in the way of that. The owner has the right to add value to the property, just like any other land owner.
Sucks for us other tax payers, but this is why we should have better planning.
Is the purchase compulsory? How could someone put the land for sale if they know the only buyer can be the government? Why would they sell? Wouldn't that just allow people to easy game the system, as the purchase would be forced at only the peaks of value.
If you did this over a long period of time you will warp the land value. Maybe diminishing the value as the land is no longer a standard Torrens title, there is huge limitations on the land; compensation would be required.
You could do it on a non compulsory basis and I think that is what had happened to get to where we got to for this project.
I saw houses that couldn't be more than a few years old getting knocked over in this project and also thought what a waste.
But there is just no real way to manage it. The land is the owners to do what they wish and you just can't get in the way of that. The owner has the right to add value to the property, just like any other land owner.
Sucks for us other tax payers, but this is why we should have better planning.
[U/C] Re: News & Discussion: South Road / North-South Corridor
Meanwhile the last remaining property (Funeral Home) along the T2T section is currently being demolished.
So glad this is actually finally happening!
So glad this is actually finally happening!
[U/C] Re: News & Discussion: South Road / North-South Corridor
If as part of the general, greater plan, is to widen the road and turn it into a freeway, why would you allow new developments to occur along that corridor?bits wrote:I don't think you can just limit land like that without giving massive compensation and at that point perhaps you should just buy it.rev wrote: All new development along the corridor should have been prohibited long ago
What does owning land mean if randomly along the life of it the government can just decide they will prevent you from using your land for normal uses.
If the government wants the land, it needs to buy it. You can't cripple someone's dream of redeveloping etc without large compensation.
The only practical way this can work is exactly as it has been done, where you buy the land as required.
That's poor planning and management.
Why can't governments prevent it? There's height limits, why can't there be other limits?
Why would there need to be compensation? They haven't lost anything.
Although I'm still baffled as to why there was residential dwellings along south road for so long. They should have been gone long ago.
[U/C] Re: News & Discussion: South Road / North-South Corridor
By closing down the independent department that existed in the time of the MATS plan, and having it transfer to the government of the day has created this disastrous politicised situation, where the party of the day has made a quick buck by selling off strategic transport reserves. Well the pigeons have come home to roost and have been crapping all over SA transport logistics for 20 odd years now. Not only are we light years behind all other capitals in terms of integrated transport, including public transport, but everything is 4 times more expensive, and requires land acquisition as well! Ironically, most of the major road transports routes are following very similar routes to those once touted as unwarranted and sold off. A sad episode in SA development indeed. The upside now is that we also dodged the worst of MATS overkill, but unless I Missed something, we still do not know the preferred treatment of T2T to Darlington? And what of connecting the my barker freeway to the north south freeway? Cross road? Tunnel? What are the visions? Ideas? Concepts? Have we learnt nothing? Has the government any noggins working on this, or are they too distracted about daily changes to the Obahn route?
[U/C] Re: News & Discussion: South Road / North-South Corridor
Actually they had only just started demolishing the remaining houses near Torrens road yesterday.crawf wrote:Meanwhile the last remaining property (Funeral Home) along the T2T section is currently being demolished.
So glad this is actually finally happening!
[U/C] Re: News & Discussion: South Road / North-South Corridor
Some trees are being cut down in the centre of Port Road just West of South Road as part of the T2T.
[U/C] Re: News & Discussion: South Road / North-South Corridor
crawf wrote:Meanwhile the last remaining property (Funeral Home) along the T2T section is currently being demolished.
So glad this is actually finally happening!
I'm still yet to be convinced this will be a good thing. I have read about induced demand and this just moves the bottleneck from Regency Rd to Ashwin Parade.
As a Northern Suburbs resident after the (I'm predicting) delays in building it.
For about 2 weeks it'll be a nice smooth journey for me to go from Para Hills to the Airport, but will it deliver any tangible benefit to the SA economy? IMHO the Northern Connector would have delivered more bang for buck. Happy to see that one is getting closer to Shovel ready now:)
Big infrastructure investments are usually under-valued and & over-criticized while in the planning stage. It's much easier to envision the here and now costs and inconveniences, and far more difficult to imagine fully the eventual benefits.
[U/C] Re: News & Discussion: South Road / North-South Corridor
Bottlenecks exist all over Adelaide, what's wrong with adding one more? Besides, the grand plan is a non stop expressway so I imagine there will be some future plan for Ashwin ParadeKasey771 wrote:crawf wrote:Meanwhile the last remaining property (Funeral Home) along the T2T section is currently being demolished.
So glad this is actually finally happening!
I'm still yet to be convinced this will be a good thing. I have read about induced demand and this just moves the bottleneck from Regency Rd to Ashwin Parade.
As a Northern Suburbs resident after the (I'm predicting) delays in building it.
For about 2 weeks it'll be a nice smooth journey for me to go from Para Hills to the Airport, but will it deliver any tangible benefit to the SA economy? IMHO the Northern Connector would have delivered more bang for buck. Happy to see that one is getting closer to Shovel ready now:)
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[U/C] Re: News & Discussion: South Road / North-South Corridor
The new roundabout at Brickworks on Ashwin Pde is really big, it must have a future purpose for trucks doing u-turns, the South Rd / Ashwin Pde intersection doesn't seem wide enough to have an underpass with entry / exit points on each corner. What are they doing with that section from Ashwin Pde to Henley Bch Rd ......Sir Donald Rd ? underpass / tunnel / superway ???
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