Elite Sports Properties Leases High End Richmond Office

Elite is believed to be paying about $320 per square metre, per annum, to occupy space within the 5-level, 3,500 square metre building. It joins medical indemnity insurer Avant Mutual Group, which leased about 1,100 square metres in February after selling its 165 Bouverie Street Carlton headquarters for more than $5 million last year.
Elite founder and former Collingwood footballer Craig Kelly said his company didn’t want to move far from Richmond, which was convenient to a number of athletes Elite represents. He said the building’s high energy rating also contributed to its decision to relocate.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.