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Re: Bayside,Hillside sale.



Michael Walker (walker@hotkey.net.au) wrote:
> *  Baysides greatest growth potential would be an airport railway but the
> deal done with Citylink casts doubt on any real expansion

The airport railway is supposedly to be a private operation and not part
of Bayside.

> *  Hillside haven't been committed to any expansion plans under the deal,

There isn't really anywhere for Hillside to expand, other than perhaps
to South Morang.

> In short, Hillside is the more viable of the two, Bayside has good eastern
> suburbs lines but the western lines would significantly reduce the price and
> opportunities. Plus the dead weight of a Sydenham extension. A better option
> might have been to offer several options for extension eg Deer Park or
> Sydenham or even past Werribee to Geelong.

If they could push the wires to Sunbury, that would add some value. Melton
might also be useful. Of course, this would have to be sunsidised.

> A Geelong electrification..

Would be nice, but they're more likely to spend that sort of money on the
freeway. A half hourly fast electric to Geelong would take a lot of
traffic off the freeway, but that's too logical.

Cheers
David