Suite 402, 480 Collins Street, Melbourne, VIC 3000

Offices

Sold $120,000

  • Property ID: 395292
  • Floor Area: 26m²
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 26m2 N/A N/A
Secure purchasing opportunity within the heart of Melbourne’s CBD

Take a premium business address on Melbourne’s iconic Collins Street. Whether you are looking to occupy or invest in your first commercial property, suite 402 is an excellent entry level investment opportunity with a secure tenant in place, returning $8,200 per annum.

This impressive facility provides access to a range of first-class amenities, including a lap pool, sauna and gym with shower facilities, boardrooms and meeting rooms for hire, café/dining options, hotel and live-in accommodation.

Collins Street Tower is a short stroll from major public transportation arterials including Flinders Street Station and Southern Cross Station, as well as multiple nearby tram stops. This location is also positioned close to major freeways providing reliable access, and offers the convenience of secure undercover car parking to ensure the daily commute is a breeze. Take advantage of the central location, with easy access to an array of cafes and restaurants, entertainment options and retail hubs.

For further information or to arrange and inspection, contact MCO today on 1300 652 532.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1300 --- ---
Retail $6502 $859 13.21%
Offices $6662 $836 12.54%
This is the average advertised price, rent and yield for Melbourne, VIC 3000*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Tools

  Melbourne Commercial Office Sales & Leasing (MCO)

 

View Agency Profile

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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