BASEMENT/416-420 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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BASEMENT/416-420 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 584m2
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Property Details for Basement/416-420 Collins St, Melbourne

Building Type
Commercial
Land Size
584m2
Local Government
Melbourne
Lot/Plan
1A/RP17142

Last Listing description (October 2018)

Available for up to 4 people, included in the per person / per month rent for this fully equipped serviced office space are furniture, shared meeting rooms and business support services.
Ideal for small and large requirements, this office space provides a cost-effective solution and flexibility to boot, allowing you to upsize or downsize at short notice. Available offices in this business centre are ideal for those with space requirements of up to 25 sqm with different options becoming available daily. For free, impartial advice call +61 2 8319 3671 and speak to one of our expert consultants and arrange a viewing today.

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Melbourne's newest independent serviced office centre has just undergone a multi-million dollar refurbishment. The spacious offices are set over two levels, with Level 2 being the main client services floor with a stunning reception area, a board/meeting room (motorised privacy blinds and smart screen), a virtual lounge, two kitchens, six bathrooms, CCTV, two lifts, secure 24/7 access, natural light, the best in IT and VOIP technology, and warm and friendly staff. It offers a Collins Street address without the Collins Street price tag.
This business centre is in the heart of the financial, legal and banking district, and is within easy distance of all that Melbourne has to offer, including Flinders Street or Southern Cross stations, Southbank, tram stops, court houses, banking institutions, etc.
Create a memorable first impression for your clients with an impressive location, offering the highest standards of interior styling and immaculate offices.

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Property History for Basement/416-420 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,505,000
28 Aug 2023
Listed for Rent
$3/w
04 Dec 2017
  • 28 Aug 2023
    Sold for $1,505,000
  • 27 Jul 2018
    Listed for Rent - Price not available
  • 21 Nov 2017
    Listed for Rent $13,000 / 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 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 250 properties listed for sale, and 158 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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