Council Buys Woodfordia
Queensland’s Moreton Bay Regional Council has bought the Woodfordia site from the Queensland Folk Federation for $4 million.
The site has hosted Woodford Folk, The Dreaming and temporarily Splendour in the Grass.
The council will then lease the 166-hectare freehold land back to the association for 50 years, alleviating it from the financial hits it took in recent months.
Mayor Allan Sutherland said the $4 million figure was settled after an independent valuation of the site.