The title complex, {[Ni(C15H11N4O2S)2(C10H8N2)(H2O)2]·H2O}n, was synthesized by the reaction of nickel chloride, 4-{[(1-phenyl-1H-tetrazol-5-yl)sulfanyl]methyl}benzoic acid (HL) and 4,4'-bipyridine (bpy) under hydrothermal conditions. The asymmetric unit contains two half Ni(II) ions, each located on an inversion centre, two L(-) ligands, one bpy ligand, two coordinated water molecules and one unligated water molecule. Each Ni(II) centre is six-coordinated by two monodentate carboxylate O atoms from two different L(-) ligands, two pyridine N atoms from two different bpy ligands and two terminal water molecules, displaying a nearly ideal octahedral geometry. The Ni(II) ions are bridged by 4,4'-bipyridine ligands to afford a linear array, with an Ni...Ni separation of 11.361 (1) Å, which is further decorated by two monodentate L(-) ligands trans to each other, resulting in a one-dimensional fishbone-like chain structure. These one-dimensional fishbone-like chains are further linked by O-H...O, O-H...N and C-H...O hydrogen bonds and π-π stacking interactions to form a three-dimensional supramolecular architecture. The thermal stability of the title complex was investigated via thermogravimetric analysis.