710 Collins Street, Docklands

Historical Building With a Significant CBD Footprint

Heritage building with 5 star green rating and a 5 star location.

Originally a railway shed built in 1889, 710 Collins Street (‘Goods Shed’) underwent a full transformation in 2010 to become a fully functioned, environmentally accredited, character building on Collins Street.

The building occupies a large rectangular block of ~7,800sqm spanning between Collins Street and Bourke Street, with a four level retail and commercial building at the Collins Street end. It also provides excellent break out facilities, meeting rooms and end of trip facilities.

A planning application for a new tower of ~70,000sqm incorporating Heritage elements from the existing Good Shed has been endorsed by Council and the Department. The plans are currently with the Minister for approval given they are yet to receive Heritage Victoria approval.

Ownership:

Facilities and Features

Retail
Bars & restaurants
Onsite change rooms
Onsite shower
Onsite lockers
Onsite Bike Storage
Parking
Accessible facilities

Sustainbility

Our team has a strong focus on environmental performance. Our sustainable initiatives aim to provide enhanced occupant comfort, reduced draw on resources and lowered building operating costs to achieve environmentally responsible workspaces and buildings.

Evolution

Originally constructed in 1889 as a railway warehouse known as the Goods Shed, the use and structure was transformed in 2010 following a significant refurbishment and development program into a two level commercial office building . A four storey retail and commercial building has since been added at the Collins Street end.

More information

Ownership interest
50%
Cap rate
5.5%
Valuation date
June 2023
Acquisition date
December 2014
Site area
7,795m2
Net lettable area
11,355m2
Occupancy
98.6%
NABERS rating (Energy)
5.0
NABERS rating (Water)
5.0
WALE by income
1.8
Rent review structure
Fixed
Major tenants by income
The Hon. Robin Scott Minister of Finance, VBA
Parking spaces
0
Valuation range
$40-60 million

Lease Availability

Office
Level
Suite
Size
G/1
G1U007
164 sqm

Flex by Abacus

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Building Management

The Building Management Team care for all aspects of the building, from maintenance to operations, ergonomics and sustainability. They handle administrative tasks, promote our tenants and ensure safe and enjoyable spaces for collaboration and renewal. They form an integral part of our strong partnership with our tenants, and understand that without this, the building wouldn’t be able to thrive. For more information, speak to our team or login to the customer portal below.

Amenities

Just a short walk to the Melbourne CBD, the building is modernised to suit today’s businesses with fantastic amenities and facilities such as bike racks, showers, lockers and air-con and offers two-hour street parking and both casual and permanent secure parking options. Collins Street and the surrounding areas are buzzing with dining, drinking, retail and fitness venues plus excellent transport links by tram and train.

Dining and Bars

Located opposite Collins Square, one of Australia’s largest award-winning commercial precincts and home to a wide range restaurants. The building itself has a licensed bar on the ground floor level, fronting Bourke Street.

Cafes

With a variety of café options within either direct or walking proximity, the building benefits from a bustling community with casual, formal and open space café options.

Retail

Specialty retailers are positioned on the ground floor of the building. Additionally, there are retail offerings in nearby Collins Square, or take a bike ride or walk over the Charles Grimes Bridge to the DFO.

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