As a result, the Office of Strategic Lands currently manages a portfolio of more than 6,000 parcels of land (4,900 hectares), 75 per cent of which is open space. Local councils across the Greater Sydney Region manage around 1300 hectares of open space within the portfolio.
Over the years, the Office of Strategic Lands has used its unique ability of buying and holding on land to enable government to protect land in future growth areas, accommodate population growth and new infrastructure and deliver future planning projects.
The Office of Strategic Lands has ensured that its functions are self-sustaining by selling lands no longer required for the original planning purpose and reinvesting the proceeds in Sydney Region Development Fund. Land held for other agencies has also been leased and licenced to help contribute funding for acquiring and enhancing open space. In addition, the local councils across the Greater Sydney Region make annual contributions of around $8 million towards the purchase and enhancement of open space.
Page last updated: 22/12/2017