SOLD
RECENT ADVICE
Sold on 17 Oct 2024 - Price Unavailable

209/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 34m2
Land area: 32m2
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Property Details for 209/480-490 Collins St, Melbourne

Building Type
Commercial
Year Built
1966
Floor Size
34m2
Land Size
32m2
Local Government
Melbourne
Lot/Plan
209/PS523999

Last Listing description (October 2024)

Seize the opportunity to own a prime office space in one of Melbourne's most prestigious buildings. This investment opportunity is a clear choice for astute investors as it comes with a secure 2 year lease that has just been signed with an extra option. Offers a total area of 33.4m2*, perfect for businesses seeking a strategic CBD location.

Key Features:

* Total Area: 33.4m2* - Ideal for small to medium-sized businesses.

* $10000 + GST + Outgoings lease in place
* Prime Location: Situated on Melbourne's Golden Strip, providing unparalleled access to the heart of the CBD.
* Convenience: Minutes away from major arterials, ensuring easy commutes and accessibility.
* Building Amenities: Enjoy access to a food court, on-site gym, cafes, and more, all within the building.

Why This Office Space?

* High Occupancy: Located in a building known for its high occupancy rates.
Immediate Availability: Move in today and start operating without delay.
* Desirable Location: Positioned in a bustling CBD area, surrounded by key business and lifestyle amenities.

Don't Miss Out!
This office space is a rare find and won't last long. Call now to inspect and secure this prime CBD location. You will not be disappointed!

Call Today to Arrange an Inspection!

Property History for 209/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
17 Oct 2024
Listed for Rent
30 Nov 2017
  • 17 Oct 2024
    Sold
  • 03 Jul 2024
    Listed for Sale $110,000
  • 12 Sep 2017
    Listed for Rent $8,000 / year
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,852 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 356 properties listed for sale, and 308 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2144 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.