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Somerset Regional Council lands $1.4M recreation deals

A FUTURE focus on recreation has seen Somerset Regional Council buy land totalling $1.4 million in Kilcoy and Fernvale.

Published: 7th February 2020

A FUTURE focus on recreation has seen Somerset Regional Council buy land totalling $1.4 million in Kilcoy and Fernvale.

Council has secured a six-hectare site north of Kilcoy Showgrounds for $544,000 and is in the process of purchasing 5,848 square metres of State Government land at Kilcoy Indoor Sports Centre.

The settlement of a 14-hectare site near Fernvale Sports Park and Fernvale State School for $890,000 will take place on 24 February.

Somerset Mayor Graeme Lehmann said the purchases followed months of planning, due diligence and negotiations to ensure the best value for ratepayers now and in the future.

“We have been one of the fastest growing council areas in Queensland over the last decade and our community needs recreation space,” Cr Lehmann said.

“Council is shrewdly investing in more community recreation land now to reflect Somerset’s historic and future growth needs.

“The last official State Government valuation for Somerset showed land values here had increased by more than nine per cent.

“The Kilcoy purchase will allow groups to attract more events and create more opportunities for Somerset residents.

“The Fernvale purchases were driven by planning reports and our annual average population growth of 2.4 per cent every year since 2008.”

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