The $172 million acquisition of Cleary Bros (Bombo) Pty Ltd by Maas Group Holdings has raised questions about the future of a key parcel of land providing access to the highway near Bombo Quarry. 

While the quarry precinct itself remains under the ownership of the Transport Asset Holding Entity (TAHE) and Boral, uncertainty surrounds whether the Cleary Bros land, now potentially part of the Maas Group acquisition, was included in the sale.

The Bombo Quarry Precinct. The land owned by Cleary Bros is marked by the red star

TAHE and Boral, the landowners of the Bombo Quarry precinct, are planning for its long-term future through a draft Master Plan, described as a once-in-a-generation opportunity to create a sustainable and vibrant community. The vision for the precinct includes diverse housing, job opportunities, and public spaces to support Kiama’s growth once quarry operations conclude.

The vision for the precinct includes diverse housing, job opportunities, and public spaces to support Kiama’s growth once quarry operations conclude.

Urbis, the consultancy engaged to oversee community consultation and planning for the precinct, is ensuring community feedback is integrated into the draft Master Plan. The plan aligns with the Kiama Housing Strategy and the Illawarra-Shoalhaven Regional Plan 2041, addressing challenges like housing affordability while preserving the site’s unique coastal character.

The Bugle sought clarification from Urbis regarding the status of the Cleary Bros land.

In response, Urbis stated: “Urbis has been engaged by the Transport Asset Manager New South Wales (TAM) and Boral to manage enquiries about the Bombo Quarry Precinct. We do not have information on adjoining landholders' intentions for their land, so are unable to assist with your enquiry.”

The Bugle has now approached Maas Group for clarification on whether the parcel of land was included in their acquisition of Cleary Bros.

According to Kiama Council, the Cleary Bros parcel, now potentially under Maas Group ownership, does not control direct access to the quarry.

A council spokesperson explained: “Council continues to work with the landowners and NSW Government as part of finalising the Kiama Housing Strategy and via the Illawarra-Shoalhaven Regional Plan Monitoring Committee. While the Cleary Bros land forms part of the Bombo Quarry precinct, it does not control access to the quarry. The TAHE components of the quarry have direct access to Quarryman Road, while the Boral components gain access over the unformed Panama Street.”

The future of the Bombo Quarry precinct hinges on the draft Master Plan and its phased redevelopment, which will balance housing and economic opportunities with the preservation of the site’s character. However, the inclusion of the Cleary Bros land in the Maas Group acquisition could influence rezoning and development opportunities near the highway.

The Bugle will continue to monitor this story and provide updates as further information becomes available.