LEVEL 6/416-420 Collins Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 6/416-420 Collins Street
Melbourne VIC 3000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 356m2
Land area: 584m2
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Property Details for Level 6/416-420 Collins St, Melbourne

Building Type
Commercial
Floor Size
356m2
Land Size
584m2
Local Government
Melbourne
Lot/Plan
6/RP17142

Last Listing description (April 2023)

MORTGAGEE AUCTION - Wednesday 5th April at 2pm

Gross Waddell ICR is delighted to offer for sale the whole floor of level 6 at 420 Collins Street, Melbourne.

The building is situated in a prominent position on Collins Street within the heart of Melbourne CBD's mid-town precinct.

Property Highlights

Expansive & flexible whole floor of 393m2*

Excellent natural light with outlook onto Collins Street

Offered with a lease in place with options till May, 2028 - current rental of $179,978 pa

Suit astute investors or future owner occupier

Surrounded by an abundance of amenities including quality retail and hospitality offerings and exceptional public transport connectivity with Collins Street Tram network directly in front, and with Flinders Street & Southern Cross Train Stations in immediate proximity.

Mortgagee Auction on-site on Wednesday 5th April at 2pm.

For further information or to arrange an inspection, please contact exclusive selling agents Gross Waddell ICR.

Richard Lowe 0425 742 777
Alex Ham 0410 545 226

*approx.

Property History for Level 6/416-420 Collins St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,100,000
11 Apr 2023
Listed for Rent
07 Jan 2015
  • 11 Apr 2023
    Sold for $2,100,000
  • 03 Mar 2023
    Listed for Sale Contact Agent
  • 07 Jan 2015
    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 64,246 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 244 properties listed for sale, and 166 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2769 properties were sold in the past 12 months in Melbourne.

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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.