Melbourne developer Deague Group is planning its first regional development, unveiling a 300-lot project in a shire where homes sell for $1-million plus.
The plans for the Alpine Shire are the first time the group has proposed a low-density development, building on booming house prices in the Victorian holiday destination of Bright.
Earlier this year Deague Group purchased the 40ha site at 805 Great Alpine Road, a former tobacco farm, from Olympic skier Malcolm Milne for $35 million.
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