North Sydney Council has unanimously voted to investigate the potential sale of a public street to the private Sydney Church of England Grammar school, known as Shore, in a bid to alleviate its financial struggles. This move is linked to the significant costs associated with the North Sydney Olympic Pool redevelopment, which the council inherited in 2022. Councillors initially proposed an 87% hike in residential rates over two years to cover the expenses, but this plan was rejected in May. By exploring alternatives such as selling or swapping public land, the council aims to restore its financial health and leave a better legacy for future generations.
Shore, located in North Sydney, seeks to purchase a section of Edward Street to address traffic congestion and enhance student safety by creating its own ring road and turning circle. The school argues this would redistribute traffic within its grounds and potentially reduce demand for parking spaces in Edward Street, which would affect only a few residential parking spots. The proposal emphasizes it is not seeking residential land but aims to increase efficiency and safety for students.
The council has committed to conducting a comprehensive investigation and entering preliminary talks with Shore. The proposal includes a possible land swap that would offer a public benefit by creating a pocket park on the corner of Mount and Edward streets. Despite the controversy surrounding the loss of public land, the council is determined to proceed with caution, ensuring significant community consultation and a potential six to twelve months of negotiations.
Source: https://www.theguardian.com/australia-news/2025/jul/29/north-sydney-council-sale-public-street-to-private-school-shore
