Hospitality boss snares ex-AFL House

The Police Association of Victoria sold its outgoing East Melbourne headquarters this month.

Hospitality tsar Fab Ippoliti has purchased East Melbourne’s former AFL House.

The five level, B-grade office at 120 Jolimont Road, near the MCG, cost $25 million following an off-market deal.

The vendors, private investors, outlaid $9.65m in 2010.

The AFL offloaded the property for $2.5m in 1996, ahead of a move to a Docklands headquarters it still occupies.

In each of those campaigns, and another (2002), the 1068 square metre site was marketed for its development upside; it is a holding from Parkside East, which rises nine floors.

Earlier this week, we reported the Police Association of Victoria sold its East Melbourne base of 22 years to private investor Elizabeth Ring.

Colliers’ Oliver HayMatt StaggDaniel WolmanPeter Bremner and Leon Ma were the agents (story continues below).

Another trophy

Mr Ippoliti once co-owned King Street’s Inflation nightclub, recently acquired by Lorenz Grollo and part of the Rialto Towers amalgamation controlled with Dexus and GIC.

In recent years, the hospitality executive is reported to run a Caribbean Island hotel, have refurbished a New York office and chair the philanthropic Rockhouse Foundation, which he also backs financially.

In 2019, the businessman and his wife, IVF specialist Dr Lynn Burmeister, paid Skilled Group founder Greg Hargrave $15m for a full-floor apartment at 35 Spring St, overlooking Treasury Gardens.

Dr Burmeister recently relocated an East Melbourne practice to 120 Jolimont Rd, parts of which are also occupied by other healthcare groups.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of