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  1. Albury events forecast to collaborate with Wodonga, while Murray King flagged proposals to tackle city debt.

Albury Council Sells Property to Wodonga-Based Disability Support Service

1 report, 1 independent Updated Sep 22
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Albury Council sold a former Lavington childcare centre as part of a property sale. The buyer was SITE Disability Services, a organization based in Wodonga. The purchase price was approximately $850,000, which was above the estimated value of $610,000 provided by Cotality RP Data. The sale was conducted through an expression of interest process managed by AW Commercial Real Estate on behalf of the council.

From bordermail.com.au

Why it matters

Some supportBrind's analysis of the reports

The property purchase allows the Wodonga-based service to establish a new activities centre for its clients. The transaction involved a premium of about $240,000 over the analyst's estimate of the location's value.

Albury events forecast to collaborate with Wodonga, while Murray King flagged proposals to tackle city debt.

From bordermail.com.au

Who's involved

  • AlburyLocation where the property was situated and sold.
  • WodongaLocation of the acquiring disability support service.

Keep exploring

The entities involved

  • Albury

    city in New South Wales, Australia

    Nothing else this week.

  • Wodonga

    regional city in Victoria, Australia

    Nothing else this week.

Coverage

Newest first; wire copies grouped