Electric car battery repurpose firm Relectrify renew Cremorne lease

Relectrify, the electric car battery repurpose firm, has agreed terms on a new lease over an office and warehouse space at Cremorne in Melbourne’s inner eastern suburbs. 

The 290 sqm property at 6 Hill Street was leased on a two year term with options at a net annual rental of $60,000 plus GST.

Teska Carson’s Jack Kelliher and Fergus Evans leased the property.

Kelliher said the fully self-contained and extremely well presented, two level building featured lots of natural light.

He said the tenant was also attracted by the close proximity to Richmond retail and entertainment precincts, the CBD and public transport. 

"The property is situated just off Church Street, within the lively Cremorne precinct and is also within walking distance of Richmond and East Richmond railway stations.

"Cremorne and/or Richmond is a very popular area. It’s very close to the CBD and offers residents and businesses access to a comprehensive and quality range of amenity and services.

"The property offered all of that along with a superb, light-filled, premises,’’ Kelliher said.

The lessor was a Melbourne-based private investor.