406 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

406 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 443m2
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Property Details for 406 Collins St, Melbourne

Building Type
Commercial
Land Size
443m2
Local Government
Melbourne
Lot/Plan
1/TP6035

Last Listing description (October 2023)

406 Collins Street is a modern, boutique office building prominently positioned in the middle of Collins Street, between Queen and William Street.

The location of the building provides a high level of tenant and staff amenity and is within short walking distance to all forms of public transport including Flinders Street and Southern Cross Train Station, as well as having a Collins Street tram super stop within 30 metres of the property's doorstep. In addition, staff can benefit from being surrounded by some of Melbourne's best eateries, bars, hotels and fashion retailers.

406 Collins Street also boasts end of trip facilities including showers, bike racks and changerooms.

The following areas are available for immediate occupation:

Level 1 (364sqm*) - Available Now
Self-contained whole floor with polished concrete floors and exposed ceilings. Tenancy provides a modern open plan fitout including a meeting room, open plan area with 38 work points, collaboration areas, a small kitchenette, utilities area and bathrooms on floor. Floor boasts great natural light and aspect onto Collins Street.

Level 2 (364sqm*) - Available Now
Self-contained whole floor offered with existing partial fitout or fully refurbished. Suits legal, accounting, professional services.

Level 3 (364sqm*) - Available Now
Self-contained whole floor with polished concrete floors and exposed ceilings. Tenancy provides a modern open plan fitout including a meeting room, open plan area with 38 work points, collaboration areas, a small kitchenette, utilities area and bathrooms on floor. Floor boasts great natural light and aspect onto Collins Street.

Level 7 (339sqm*) - Available Now
Whole floor of 339sqm including legal/ finance style fit out.

Property History for 406 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$25,250,000
29 Sep 2023
Listed for Rent
31 Oct 2023
  • 29 Sep 2023
    Sold for $25,250,000
  • 27 Jul 2023
    Listed for Sale Contact the agents today
  • 01 Jun 2023
    Listed for Rent - Price not available
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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.

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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.