Industrial sites in Melbourne's south-east are setting new local sales records, with average prices now more than one-third higher than those fetched at their former peak in 2007.
Local developer Vaughan Constructions will relocate to Port Melbourne and replace its long-time Carlton headquarters with a new 11-level apartment building, Bravo.
Industrial builder Vaughan Constructions is expanding into the retail sector, signing contracts to develop three new Melbourne bulky goods centres worth more than $80 million.
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