205A/480-490 Collins Street, Melbourne, VIC 3000 sold on 19 September 2025 | OnTheHouse
SOLD
Sold on 19 Sep 2025 for $245,000

205A/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: 7
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Property Details for 205a/480-490 Collins St, Melbourne

Building Type
Commercial
Year Built
1966
Local Government
Melbourne
Lot/Plan
205A/PS523999

Last Listing description (November 2015)

INVEST OPPORTUNITY TO PURCHASE BLUE CHIP ASSET IN THE CBD

THE ULTIMATE INVESTMENT
- Long term lease in place with secure tenants with further options
- Great return on investment

- Hassle free investment tenants pay all outgoings
This stylish 7 person office suite featuring plenty of natural light is located in the heart of Melbourne CBD s legal and financial precincts with a prestigious Collins Street address.
There are a wide range of professional and lifestyle services and facilities on site for your tenant including:
- Professional business centre with highly trained staff to assist with in administrative and secretarial needs
- Stylish boardrooms and meeting rooms for hire
- FREE gym, sauna and lap pool
- Food court
- Secure undercover car park available at an additional cost
With a quality long term tenant in place this is a solid investment you will not want to miss.
CALL NOW TO INSPECT 03 9863 8888!

Property History for 205a/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$245,000
19 Sep 2025
  • 05 Nov 2015
    Sold - Price Undisclosed
  • 30 May 2013
    Listed for Sale Call NOW for more information!
  • 28 Oct 2011
    Listed for Sale MAKE AN OFFER
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Disclaimer
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.

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.