Zig and Peter Inge sell out of VIC development

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Zig and Peter Inge used just $8.42M of their approx. $630M they receive when they sold their 19 village portfolio to RVG in late 2007 to purchase a 5,200sqm site in Richmond, near the Yarra River. They have now dumped plans to develop it themselves and are selling, seeking $13M, having won building approval for 189 apartments, 19 townhouses and 850sqm of commercial space.

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