Developer Citius to Make Capital Gain from Sale of Laverton North Industrial Parcel

Yet another developer is set to turnaround a nifty profit onselling industrial land it recently purchased in Melbourne’s western suburbs.

Local project and development manager Citius will sell a 94.5 hectare block of land in the industrial heartland of Laverton North, in a deal expected to be worth about $70 million – or $75 per square metre.