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We are proposing to sell the Serpells Lane car park to Swinburne University for the sum of $16,000,000 (plus GST). This 2,908m² parcel of land is located at 399 Burwood Road in Hawthorn.
Our research has shown that the Council-owned land is underutilised, and is mostly used as a student and staff car park. It could be doing much more to benefit the Boroondara community.
Our traffic analysis reports show that car parking demand could be accommodated with the existing car parking areas in Glenferrie. There are 1,641 off-street public car parks in the Glenferrie precinct, including the Serpells Lane car park.
At the precinct’s most busy period, which is between 11 am to 2 pm, typically up to 80% of this car park capacity is filled. That leaves just over 200 spaces available in the precinct – which more than offsets a loss of parking from Serpells Lane car park. At non-peak times, there would be even more available spaces.
By selling directly to Swinburne University, we are supporting a development that will integrate the land into the existing campus footprint, while keeping some public car parking spaces. Swinburne plays an important role in our municipality and arguably offers community benefit beyond that which a private development may create. We want to ensure a positive outcome is achieved for the community by realising a return on this underutilised asset to enable investment in new projects to the benefit of the Boroondara community.
A map of Serpells Lane car park indicated by the P symbol. Pink areas with hatching represent the Glenferrie Shopping Centre precinct. Yellow areas represent Swinburne University.
Share your feedback on the proposal by 5 pm Tuesday 17 October.
You can:
You can also ask to appear at a Council or committee meeting in person or have someone represent you. Include this request and your contact information in your submission and we will notify you of the upcoming meeting after it’s confirmed.
We manage all submissions and personal information in line with the Privacy and Data Protection Act 2014 and our Privacy Policy.
We will consider all submissions received in time, then Councillors decide whether to sell the land or not to sell the land.
This notice is in line with Council’s Community Engagement Policy.
To find out more, visit Engage Boroondara.