Suite 316, 480 Collins Street, Melbourne, VIC 3000

Offices

For Sale Contact Agent

  • Property ID: 412220
  • Floor Area: 35m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Secure purchasing opportunity within the heart of Melbourne’s CBD

The ultimate set and forget commercial investment property with a premium business address on Melbourne’s iconic Collins Street is now available.

Suite 316 is a spacious and light-filled boardroom and won’t be available for long. Whether you are a beginning or experienced commercial property investor, this suite is an excellent investment opportunity and boasts:

- A secure and reliable tenant, returning $14,000 per annum on a 2-year lease with 4-year options available
- Wide windows spanning one side of the room and filling the space with natural light
- The versatility to be utilised as a boardroom or open plan office space
- Views of the luxurious outdoor lap pool
- Close proximity to the building’s first-class amenities, including the lap pool, gym, sauna and shower facilities

Tenants of the highly coveted Collins Street Tower also have access to:

- Additional meeting rooms for hire
- Gourmet 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. Collins Street Tower is also positioned close to major freeways providing reliable access and offers the convenience of secure undercover car parking (available at an additional cost), 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.

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1300 --- ---
Retail --- $860 ---
Offices $6991 $859 12.29%
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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