Australasia Investment and Trade Association Inc Australasia Investment and Trade Association Inc
澳亚投资与贸易协会

600 Collins Street Melbourne

A Remarkable piece of real estate on Collins Street Address

Last remaining major piece of real estate capable of significant development potential on Collins Street, with Collins Street Frontage 60.33 metres, depth of 40.25 metres.

Gross Floor Area: 150,000 sqm

  • Net Saleable Area: 85,000 sqm(Apartment)
  • Net Saleable Area: 2460 sqm (Retail)
  • Total 1150 units, 580 car parks.
  • Sales Rate:
    • $12,500/m2 for Apartments
    • $30,000/m2 for Retail.
    • $95,000 per Car space.
    • Total Revenue: $1,1,400,000
    • After GST(10%): $1,083,000
    • Land Acquisition: $120,000,000
    • Stamp Duty: $6,600,000
    • Demolition: $3,500,000Collins 2 Collins 1
  • Construction: $7,500,000
  • Total Consultant/Professional fees: $13,960,000
  • Open Space Contribution: $3,200,000
  • Services Headworks & Connections:$2500 per unit= $2,875,000
  • Title lodgement fee: $115,000
  • Building Permit Levy: $633,600
  • Permit Application Fee: $20,000
  • Plan of Subdivision Authority Fees: $100,000
  • Legal Costs: $863,000
  • Sales & Marketing: 4% of total sales = $43,323,640
  • Display Suite: $1,500,000
  • Council Rates, Water Sewer and Electricity: $125,000 per year * 4 years = $500,000
  • Land Tax: $400,000 per year * 4 years = $1,600,000
  • Public Liability Insurance: $15,000 per year * 4 years = $60,000
  • Total cost before interest and finance cost: $6,350,240
  • Gross development Margin: Excluding Finance Costs: $345,559,760