Wednesday, February 2, 2011

'$5,000 a sq m for coal depot'

'The historic former Morley's Coal Depot and Trading Post headquarters in Port Melbourne has been sold for $6 million. The vacant building and the nearby Gasworks* were sold by Colliers International's Pat Burke and Jeremy Gruzewski. The price equated to more than $5,000 a square metre.' The Age, Wednesday February 2, 2011
Refer to an earlier post on Port Focus for an overview of the planning controls for this site by clicking here.
* I am not sure what this refers to - can anyone help me?

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