A developer that bought land in Altona North next to the West Gate Freeway for $8.7 million in 2017 more than doubled their money after the Andrews government rezoned the site – and then acquired the land at a higher price.

The rezoning – from industrial to the more valuable residential – led to the government paying the developer $22.5 million for the land after it was compulsorily acquired in 2018 for the West Gate Tunnel road project.

Despite the massive payout for the land, the company that owned the land has taken the Department of Transport to the Supreme Court seeking tens of millions more.

The company, CVCV Land, bought the four hectares in 2017 when its zoning was industrial.