Peter and Zig Inge (pictured) used just $8.42M of approx. $630M they received from selling 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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