News

Valley land sales move

THE Co-ordinator-General's office is accelerating its liquidation of Mary Valley land left over from the Traveston Crossing dam proposal.

The office took over ownership of dam-linked land assets on June 30, 2010, when land owned by dam construction company Queensland Water Infrastructure was transferred to direct government ownership for "long-term management and sale".

The Mary Valley landholdings comprise about 13,000ha of farming, residential and community use land, including leases, licences, tenancies and agreements.

The COG's Mary Valley office will host an information session tomorrow for people interested in leasing or buying dam-acquired properties.

The session, from 11.30am to 1.30pm, will take the form of a drop-in session for sale or leasing inquiries.

It will be held in the Kandanga Information Centre in Main St, Kandanga.

The 474 properties under COG management include about 418 leases, tenancies and other types of agreements.

The latest COG Mary Valley Landholdings Information Update shows that, while only two sales were completed last year, another at Carters Ridge is under contract, with sales talks and promotional strategies also in progress on other properties.

Another 12 properties are identified for sale in coming months.

Gympie Regional Council will take over the Kandanga war memorial site and offers have been made to former owners who have retained re-purchase rights.

Topics:  gympie land mary valley sales values

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