The Industry Location Scheme provides appropriately zoned and serviced land at competitive prices to meet the needs of Queensland industries.

Clients

Clients of the scheme include businesses and industries that have the potential to generate long term growth in Queensland. In general terms they will be new and expanding industries involved in manufacturing, processing, reprocessing and ancillary activities.

Eligibility

All applications under the Industry Location Scheme are assessed on an individual basis against the following criteria:

• merits of the proposed project
• preferred development of the particular industrial estate
• existing land use designations
• local government planning requirements
• consistency with other industries located on the estate
• compatibility of land uses within and adjacent to the estate
• adequate site coverage.

Some estates have specific eligibility criteria. Details will be provided upon enquiry.

Terms of sale

The sale of land within the estates is transacted on a cash basis only. Sales are transacted on the standard REIQ contract with the following conditions:

• Provision of a copy of council approved building plans within five months of the contract date.
• Settlement to take place 14 days after submission of building plans.
• Possession of land immediately upon settlement.

Purchase price

An indicative purchase price will be provided at the time of initial discussions. Any delays in making an application or providing the necessary information may result in a variation of this price.

In the event that values within an estate are under review, an indicative purchase price cannot be provided until the particular review has been finalised.

Any purchase price provided will be applicable only on the basis that a fully documented application form is received within 14 days of the date on which the price was provided.

If an application is not submitted within 14 days, further enquiries should be made for verification of the purchase price.

Leasing and selling

Land is provided on a priority basis. The on-selling of vacant land or construction of buildings with a view to leasing or selling for speculative gain is not permitted.

A covenant will be registered on each title prohibiting the on-selling of vacant land or leasing of buildings within the first three years following settlement.

Making an application

It is recommended that prospective purchasers contact Property Services Group to discuss proposals prior to lodging an application.

It may be necessary for a Property Services Group officer to visit the proponent for an interview after receipt of an application.