60 Collins Precinct, Melbourne

Overview

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.

Asset Information

  • Asset typeB Grade - office
  • Year built1965
  • TitleFreehold
  • Asset locationMelbourne CBD
  • ZoningCapital City Zone
  • Site area (hectares)0.1
  • 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
  • Acquisition dateOctober 2018
  • Book value at ownership ($m)183.4
  • Independent valuation dateJune 2023
  • Independent valuation at ownership ($m)183.4
  • Market cap rate (%)4.97

  • NABERS Energy rating (with Green Power)60C 2.0, 52C 4.0
  • NABERS Energy rating (without Green Power)60C 2.0, 52C 4.0
  • NABERS Indoor EnvironmentNR
  • NABERS Waste60C 3.0, 52C NR
  • NABERS Water rating60C 3.5, 52C 3.5
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