Toowoomba Regional Council’s $7.5 Million Land Purchase
“It was a fair price”
Contributed
Toowoomba Mayor Paul Antonio says the $7.5 million dollar price tag for the purchase of land at Highfields was a fair price.
Council obtained 19 hectares of land from developer Clive Berghofer earlier this year. The land has been identified as a “key” component to the Council carrying out its planned Highfields Master Plan.
Reports say that TRC had beaten out another land/property developer who had plans to turn the greenspace into a small housing village.
Image: TRC Highfields Master Plan Central Highfields