117A/480-490 Collins StreetMelbourne VIC 3000
Property Details for 117a/480-490 Collins St, Melbourne
Last Listing description (October 2025)
Presenting high-yield Unit117A on Level1, 480 Collins Street, in Melbourne's premier legal and financial precinct. Currently leased at $17,000p.a. + GST + outgoings to a long-standing hotel operator, with 5-year renewal options in place and 3% increases year on year. This tenancy offers strong upside-tenant requires office space and is highly likely to renew. The well-positioned suite benefits from consistent income and exceptional CBD demand. Located in the iconic Collins Street Tower, tenants enjoy access to gym, boardrooms, concierge, secure parking, and abundant dining and transport amenities nearby.
Features Include:
* Leased investment at $17,000 p.a. + GST + outgoings
* 3% increases year on year
* Tenant is established hotel operator with office requirement
* Located in Collins Street Tower, Melbourne CBD
* Access to gym, boardrooms, concierge, secure parking for fee
* Situated near Southern Cross & Flinders St stations, tram links
Contact us to secure this stable high-yield investment or arrange a private inspection today.
Property History for 117a/480-490 Collins St, Melbourne, VIC 3000
- 04 Sep 2025Sold for $130,000
- 28 Jul 2025Listed for Sale POA
- 08 Jun 2020Sold for $146,000
Recent sales nearby
See more recent sales nearby/assets/perm/q2wrhlggsei6zgmsphvaqlrkri?signature=5229813ea856e6642bc9cf1e9045d71d731ade1a93ca1b4cd8af44de45bcf96f){kind=logo}
0/assets/perm/ikjgewv6h4i63pyrhouekomlde?signature=2aaf098cbe1b9f744be1c101dc4209683731b1a20f1d395954ee8530a49be521){kind=logo}
0/assets/perm/u4bn27gcemi63bxpaekwnvcere?signature=b890496bfbc875c9350d2ac0b05cb9aaa11ce0cc17504a618770b082c8e83f76){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 64,289 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
Suburb Insights for Melbourne 3000
Market Insights
Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
