Negotiations for Wilkinsons Point land sale enter critical phase as NBL owner Larry Kestelman considers abandoning purchase
Negotiations regarding the sale of prime waterfront land at Wilkinsons Point, north of Hobart, have entered a critical phase, with National Basketball League (NBL) owner Larry Kestelman indicating he may abandon the purchase. In recent statements, Kestelman expressed his frustration over protracted negotiations with the Tasmanian government, stating he is "quite OK to walk away" if the process does not progress satisfactorily. Kestelman has shown enthusiasm for the proposed developments on the site but his patience is reportedly waning after years of waiting for a resolution. The Tasmanian government continues to stand by its decision to pursue the sale despite... [Continue Reading]
