Tigers lease office ahead of Punt Road Oval redevelopment
EXCLUSIVE
The Richmond Football Club has leased an office cooee of Punt Road Oval, which is set for redevelopment.
The team has signed up for 1320 square metres at 100 Wellington Parade, East Melbourne – the old Melbourne Water headquarters.
The Royal Australian College of General Practitioners is the landlord after paying $25m in 2012.
It also part occupies.
Colliers Kevin Tutty and Chloe Hayne were the agents.
Following the deal, some 2500 sqm of the 6500 sqm office is vacant.
Opposite the MCG, this pocket of East Melbourne is less than two kilometres from the CBD (story continues below).
Punt Road Oval revamp
The Punt Road Oval, including the Swinburne Centre, where the Tigers are based, has been earmarked for a major revamp since 2020.
Initially budgeted at c$65m, the true cost was revealed last year to be over $100m, when the club began fundraising.
The redevelopment will controversially see the demolition of the c1914 Jack Dyer Stand for a much larger one (impression, top).
It would also add a three level basement car park.
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