BRIEF-Villa World says entered into contract for purchase of development site at Plumpton

March 6 (Reuters) - Villa World Ltd VLW.AX :

* Acquisition - plumpton, Victoria VLW.AX

* Says purchase price is $10.5 million (including GST), with settlement expected in early 2015

* Says entered into unconditional contract for purchase of a development site at Plumpton

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