The land earmarked for the final stage of the Mitchell Park housing estate in Thurgoona didn't sell at auction on Friday and is on the market for $1.5 million.
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The 32-lot subdivision, which has Albury Council development consent, was passed in for $1.3 million at the auction conducted by agents L.J. Colquhoun-Dixon.
The original subdivision developed by Peter Bowen Homes comprised 272 lots.
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It is located nearby to schools including Trinity Anglican College and Thurgoona shopping centre.
The Mitchell Park estate was initially developed in the early 2000s and will soon have access into the Albury CBD via the upgraded Davey Road interchange on the Hume Freeway.
Peter Bowen Homes has been a major developer in the Thurgooan-Wirlinga growth corridor of Albury.
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