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On 10 October 2015, the Federal Government announced a $95 million funding commitment towards the second stage of the Gold Coast light rail project. The second stage of the project involves construction of a 7.3 kilometre light rail alignment which will connect the Gold Coast University Hospital in Southport to Helensvale. With a funding agreement now secured and added to the already $55 million committed by the Gold Coast City Council, the project is now full steam ahead for completion before the Gold Coast Commonwealth Games in April 2018. It is not clear how many properties will be compulsorily acquired for the Project, but details are expected to be released shortly.
From our considerable experience in compulsory acquisition, Slater and Gordon can explain the process to you and give you advice to protect your interests.
As soon as your property is affected by a compulsory acquisition, it is very important to get legal advice. Our experience has shown that, with the right advice, the amount of compensation obtained can sometimes be considerably more than first thought. It is important to obtain expert advice on valuation and legal issues so that you are fully aware of your entitlements.
Our work is at no cost to you, as the Acquiring Authority is legally required to pay our costs and we will only seek payment from the Acquiring Authority – not you.