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 Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Commercial Fishermans Bend

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