525 Collins Street, Melbourne


Rialto Towers is an iconic prime-grade, 55 storey building, and is one of the largest office buildings located in Melbourne’s Central Business District. It is well located on Collins Street with good access to transport and other key amenities.

Rialto Towers is a commercial office complex comprising two connected office towers, five levels of basement car parking and retail offerings on the ground floor plaza and top level. The North tower extends 37 levels and the South tower provides 55 levels, which combined offer approximately 90,000 square metres of office space and over 2,000 square metres of retail space.

- Prime grade office offering and ground floor retail plaza

- Conveniently located in Melbourne’s CBD with good access to transport

- Five levels of basement car parking

Asset Information

  • Asset typePremium Grade - office
  • Year built1986
  • TitleFreehold
  • Asset locationMelbourne CBD
  • ZoningCapital City Zone
  • Site area (hectares)0.66
  • Lettable area ('000sqm)91.2
  • Lettable area adjusted for ownership ('000sqm)4.6
  • Number of buildings1
  • Typical floor area (sqm)1000-1800
  • Car parking spaces436
  • Owner DXS,DACT
  • Ownership (%)5
  • Co-ownerDexus Australian Commercial Trust/Grollo
  • Major tenantVictorian Government
  • Acquisition dateJune 2020
  • Book value at ownership ($m)56.4
  • Independent valuation dateDecember 2023
  • Independent valuation at ownership ($m)56.4
  • Market cap rate (%)5.38
  • 12 month rolling yield (%)3.88
  • Leased by area (%)74
  • Weighted lease term by income (years)3.6

  • NABERS Energy rating (with Green Power)4.5
  • NABERS Energy rating (without Green Power)4.5
  • NABERS Indoor Environment5.5
  • NABERS Waste4.5
  • NABERS Water rating4.0
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