Fishermans Bend development site sold

Fishermans Bend development site sold
Fishermans Bend development site sold

Another apartment development site in Thistlethwaite Street, Fishermans Bend, has sold, this time for $7,525,000.

The 1237 square metre parcel was not offered with a permit, but instead an architectural concept plan for an eight-level complex with 84 flats, many capitalising on city and Port Phillip Bay views.

Colliers International's marketed 37-47 Thistlethwaite Street, currently a two-storey building with a lettable area of 1749 square metres.

The sale comes after the same agents sold a 1194 square metre block next door, at 15-35 Thistlethwaite Street, for more than $8 million.

The vendor of that site, Circa Property Group, offered the block with a permit for an eight-level, 83-unit complex.

It exchanged to an Asia-based builder.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Commercial Fishermans Bend

Comments

Be the first one to comment on this article
What would you like to say about this project?