The funding is to help the Trust, which manages former defence sites such as Cockatoo Island on Sydney Harbour, provide short-term rent relief for commercial and residential tenants and to address other revenue shortfalls.
“There is a variety of small businesses ranging from restaurants to coffee shops, function centres and small business enterprises, as well as private tenants within the portfolio, and there are continuing Trust operational costs,” Minister Ley said.
The move is separate from the independent review which will identify the best ways of ensuring the long-term preservation of the sites for public access.
Destination NSW
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