ISPT Makes $16.75 Million From Sale of Richmond Office

INDUSTRY Superannuation Property Trust has made $16.75 million from the sale of a prominent office building in Melbourne’s inner eastern suburb of Richmond.

The building at Lot 1, 658 Church Street sits on a 7,064 square metre site, and was sold with a permit for a 20,000 square metre office.

The office was purchased by a consortium headed by Bill Boerkamp, according to today’s AFR.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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