The National Automobile Museum of Tasmania will move to a new site on Lindsay Street in Launceston after the City of Launceston council approved a development application unanimously on Monday.
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The volunteer-run organisation needed a new location after the University of Tasmania accepted a land transfer deal with the council, which included the land the museum currently operates on.
The development is expected to cost about $5 million and will be located opposite the Silo Hotel.
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