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Albury Council protects village developers from price competition on land package

The Albury Council went out of its way to make sure developers did not have to face the uncertainty of an auction to buy land for a village and aged care facility. The Council bought the land for both facilities from the Albury-Wodonga Corporation and then immediately on sold them to the developer at cost. They will now be integral to a $65 million development in the small township of Thurgoona, just northeast of Albury.

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