|
Written by Marc Pallisco
|
|
Sunday, 16 May 2010 23:26 |
|
A SITE at one of the busiest intersections of the north-eastern suburbs, looks set to be redeveloped at last.
Seven years since closing as a service station, a cleared site on the corner of Manningham and Thompsons roads, in Bulleen, has sold to a local developer for $1.85 million.
The 2180 square metre block was marketed with a permit for a four-level, 31 unit apartment complex with a two level basement car park.
Colliers International associate director Tim Grant sold the property under instructions from St George Bank.
The prominent site has been owned by a couple of developers over the years before falling into the hands of St George. It needs to be remediated before any redevelopment.
|
