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Lord Mayor Martin Haese (centre) announcing the sale of the long-vacant former Le Cornu site, flanked by Premier Jay Weatherill (left) and city councillors. Photo: Tony Lewis / InDaily

Public bought old Le Cornu site for up to $14m more than valuations

The Adelaide City Council spent between $7 million and $14 million more on the old Le Cornu site than independent valuers found it was worth in order to compete with a mystery prospective buyer last year, new documents confirm.