Up for grabs are the 3.6km track, structural columns, stations, workshop and vehicles.
The infrastructure needs to be removed to make way for new developments. It is more than 20 years old and has never been integrated with Sydney’s wider public transport network.
“We’ve heard plenty of talk from individuals and groups suggesting they’re interested in putting in a bid for the monorail, but now it is time to get serious,” said minister for transport Gladys Berejiklian. “From this week, anyone interested in purchasing or removing Sydney’s Monorail can formally register their interest.”
The Monorail needs to come down to make way for the development of the new convention, exhibition and entertainment precinct at Darling Harbour. “Anyone interested in buying the monorail to operate in another location will need to organise its safe removal,” she said. “If no-one wants to buy it, Transport for NSW will select a suitable company to take it down.”
The period to register interest ends on 12 October. The monorail will stop operating in mid-2013.