60 Collins Precinct, Melbourne


60 Collins Street is a B-Grade 15-storey office building, located on a prime corner of Collins and Exhibition Streets in the Eastern Core of the Melbourne CBD. This historic office tower also benefits from close proximity to numerous transport options with immediate access to tram services along Collins Street and Parliament Station just one block away.

52 Collins Street, Melbourne, is a 3,454 square metre B-Grade office building, located in the Eastern Core (“Paris End”) of the Melbourne CBD. The freehold building adjoins our 60 Collins Street property.

Property Information

  • Building typeB Grade - office
  • Year built1965
  • TitleFreehold
  • Metro areaMelbourne CBD
  • ZoningCapital City Zone
  • Site area (hectares)0.2
  • Lettable area ('000sqm)13.8
  • Lettable area adjusted for ownership ('000sqm)13.8
  • Number of buildings1
  • Typical floor area (sqm)770
  • OwnerDXS
  • Ownership (%)100
  • Major tenantOptus Networks
  • Acquisition dateOctober 2018
  • Book value at ownership ($m)165.2
  • Independent valuation dateDecember 2022
  • Independent valuation at ownership ($m)165.2
  • Market cap rate (%)4.61
  • 12 month rolling yield (%)-0.55
  • Leased by area (%)14
  • Weighted lease term by income (years)0.1

  • NABERS Energy rating (with Green Power)52C 4.0, 60C 2.0
  • NABERS Energy rating (without Green Power)52C 4.0, 60C 2.0
  • NABERS Indoor Environment52C NR, 60C 3.0
  • NABERS Waste52C NR, 60C NR
  • NABERS Water rating52C 3.5, 60C 3.5
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