80 Collins pricing

Commercial vacancy is nearing an all time low in Melbourne CBD at 3.2%, due to this, leasing opportunities are rare and at an average of $700 per square metre.

75% of the 105,000sqm office space has been leased. Australia’s largest investment trust, DEXUS is weighing a $1.4 billion deal to purchase the QIC property.

After purchasing 60 Collins Street, a 15 story office tower with 12,500sqm of commercial space for $160 million.

The average monthly household income for the Melbourne CBD is $6,594 and the GLP (Gross Local Product) measures the size of the City of Melbourne’s economy. In 2017 it was at $94.69 billion.

80 Collins Link:
https://www.urban.com.au/projects/80-collins-street-melbourne

Architect:
https://www.urban.com.au/architects/woods-bagot

Developer:
https://www.urban.com.au/developers/dexus-property-group