Queensland Labor says it will use its compulsory acquisition powers to take Taylor Point if necessary.The Queensland government says it would go so far as compulsorily acquire a coastal headland it wants to make a public park.
Taylor Point, an 18-hectare beachfront property with wide coastal views in the marginal seat of Barron River, has beenAudrius Macernis, whose newly formed company has reached a deal to buy it, has, closing it off to four-wheel drives and declaring it "not for sale". It has put a $10 million commitment on the table to buy the property, which until recently was listed for sale at $8 million.The Liberal National Party made an election commitment to work with Cairns Regional Council to make Taylor Point a public conservation park earlier this year.
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Source: FinancialReview - 🏆 2. / 90 Read more »