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Investment Highlights

  • Located on Collins Street between King and William Streets in Melbourne’s CBD.
  • Onsite commercial parking and optional office administration services available.
  • Building amenities include reception, food court, retail shops, gym, pool, and health facilities.

Executive Summary

Oaks Melbourne on Collins Suites is a serviced apartment hotel located at 480 Collins Street in Melbourne’s CBD. The property offers a range of studio and apartment-style accommodations, typically featuring kitchenettes, workspaces, and modern amenities. Facilities within the building include a fitness center, pool, and meeting rooms, catering to both short- and long-stay guests. The property is positioned along Collins Street, one of Melbourne’s premier commercial and financial corridors, providing excellent access to public transport, including Southern Cross Station and multiple tram routes. The surrounding area is characterized by high-density office towers, retail, dining, and entertainment options, making it a prime location for corporate and leisure travelers.

1 Unit Available

Unit 311

Unit Size 365 SF
Condo Use Office
Sale Type Investment
Description

Suite 311 at 480 Collins Street, Melbourne, is an office condominium of approximately 34 m². The suite has two entrances and is located within a mixed-use building comprising privately owned office suites and serviced apartments. The property includes access to shared amenities such as a ground-floor reception, food court, retail shops, gym, pool, and health facilities. Onsite commercial parking is available. The suite is currently leased until April 26, 2026, with three additional one-year options.

Sale Notes

This Collins Street office suite offers an outstanding investment opportunity in one of Melbourne’s most recognized commercial precincts. Suite 311 spans approximately 34 m² and features two separate entrances, providing flexibility for subdivision into two offices if desired. The property is currently leased until April 26, 2026, with three additional one-year options, generating $20,600 gross per annum plus GST.

Located on the north side of Collins Street between King and William Streets, the building provides exceptional connectivity and convenience. Tenants benefit from onsite commercial parking, a ground-floor reception, and a range of amenities including a food court, retail shops, and office administration services (available at an additional cost). The building also offers access to a gym, pool, and health facilities on Level 3, enhancing the overall appeal for occupants.

This is a rare chance to secure a well-positioned, income-producing asset in Melbourne’s CBD, ideal for investors seeking a low-maintenance property with strong leasing fundamentals and long-term growth potential.

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Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 153,483 SF
Property Type Hospitality (Condo)
Property Subtype Serviced Apartment
Building Class B
Floors 20
Typical Floor Size 7,675 SF
Year Built 2005
Lot Size 0.35 AC

Amenities

  • Balcony
  • Business Center
  • Fitness Center
  • Pool
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Barber/Hair Salon/Beauty Shop
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 273 $170.03 -
  • Listing ID: 40084898

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 480 Collins St, Melbourne, VIC 3000

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