60 Collins Precinct, Melbourne


60 & 52 Collins Street existing assets have been vacated in anticipation of a redevelopment of a new 38 level premium grade tower across a combined site. The site is located on a prime corner of Collins and Exhibition Streets in the Eastern Core of the Melbourne CBD and benefits from close proximity to numerous transport options with immediate access to tram services along Collins Street and Parliament Station just one block away.

Asset Information

  • Asset typeB Grade - office
  • Year built1965
  • TitleFreehold
  • Asset locationMelbourne CBD
  • ZoningCapital City Zone
  • Site area (hectares)0.14
  • Lettable area ('000sqm)13.8
  • Lettable area adjusted for ownership ('000sqm)13.8
  • Number of buildings1
  • Typical floor area (sqm)770
  • OwnerDXS
  • Ownership (%)100
  • Acquisition dateOctober 2018
  • Book value at ownership ($m)189.7
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)189.7
  • Market cap rate (%)5.00

  • NABERS Energy rating (with Green Power)Exempt
  • NABERS Energy rating (without Green Power)Exempt
  • NABERS Indoor Environment3.5
  • NABERS WasteNR
  • NABERS Water ratingExempt
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