2 September 2019

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Frankston Tax Returns

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More trouble for Yacht Club building Brodie Cowburn brodie@baysidenews.com.au NEGOTIATIONS to lease out a bottom floor section of the Yacht Club building have hit troubled waters. Frankston Council confirmed last week that negotiations to occupy the space, which has mostly sat vacant since 2016, had been “halted”. Works to remove cladding from the building were cited as a reason. The mayor Michael O’Reilly issued a statement saying that an inspection by council’s municipal building surveyor had confirmed that the building was affected by “combustible cladding”. “Given the Yacht Club building is a council owned asset, we were advised that any permit associated with future fit-out would best be determined by the Victorian Government’s Building Appeals Board,” he said. “We are taking this matter seriously and are currently finalising a solution plan to present to the Building Appeals Board, however we do not anticipate an outcome until late this year.

Bulls in charge A stunning nine goal haul from Marc Holt has helped to fire Karingal into the MPNFL Grand Final. See sports page 21. Picture: Andrew Hurst

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“As a result of this unexpected occurrence, council has been forced to halt negotiations with their previously preferred downstairs cafe tenant, set to begin trading this summer. “While we were aware of the issue before we went out for expressions of interest, we’d hoped that a solution would be reached more quickly and therefore advertised in good faith. Unfortunately, based on expert advice, that this is not the case and we are unable to proceed.” Upwards of $11 million has been poured into works at the building. Outside of the Yacht Club, the building has mostly sat vacant since 2016. In May, council announced that it had reached an “in principle agreement” for a six year lease on the ground level as well as a portion of the external deck for a “licensed restaurant/cafe” at a rate of $40,000 per annum base rent following a 3 month rent free period. “Once the cladding concerns have been resolved, council would continue its efforts to activate the building for the community to enjoy,” Cr O’Reilly said. Continued Page 3

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2 September 2019 by Mornington Peninsula News Group - Issuu