402/480-490 Collins Street, Melbourne, VIC 3000 sold on 05 March 2026 | OnTheHouse
SOLD
Sold on 05 Mar 2026 for $90,000

402/480-490 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 26m2
Land area: 1400m2
Save

Property Details for 402/480-490 Collins St, Melbourne

Building Type
Commercial
Year Built
1966
Floor Size
26m2
Land Size
1400m2
Local Government
Melbourne
Lot/Plan
402/PS523999

Last Listing description (December 2021)

Take a premium business address on Melbourne's iconic Collins Street. Whether you are looking to occupy or invest in your first commercial property, suite 402 is an excellent entry level investment opportunity with a secure tenant in place, returning $8,200 per annum.

This impressive facility provides access to a range of first-class amenities, including a lap pool, sauna and gym with shower facilities, boardrooms and meeting rooms for hire, caf/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. This location is also positioned close to major freeways providing reliable access, and offers the convenience of secure undercover car parking 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.

For further information or to arrange and inspection, contact MCO today on 1300 652 532.

Property History for 402/480-490 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$90,000
05 Mar 2026
Listed for Rent
$263/w
21 Jan 2021
  • 05 Mar 2026
    Sold for $90,000
  • 07 Dec 2021
    Sold for $100,000
  • 30 Jul 2021
    Listed for Sale $120,000.00
Sign in to see more transactions
Commute Calculator

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, 2764 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.