CBD East (Collins Street) is a trophy-tier Class A submarket of Melbourne with average asking rent around A$880/sqm/yr · ≈ $53.1 PSF/yr USD.

  • Trophy financial and legal spine.
  • Trophy tier — ~A$880/sqm/yr.
  • Active Class A leasing market with deal flow across major broker desks.

CBD East (Collins Street), Melbourne — Class A submarket

Trophy financial and legal spine. · Tier: trophy · Avg rent: A$880/sqm/yr · ≈ $53.1 PSF/yr USD

TL;DR

  • Trophy financial and legal spine.
  • Trophy tier — ~A$880/sqm/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

CBD East along Collins Street anchors Melbourne's trophy core — 120 Collins, 101 Collins, and the deepest financial-services Class A concentration in Victoria.

Tenant profile

Banking (NAB, ANZ), insurance, law (Allens, MinterEllison), professional services.

Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Transit

Parliament, Melbourne Central, Flinders Street (Metro Trains, multiple tram lines).

Multi-modal transit captures the metro's principal professional catchment.

Amenities

Collins Street retail, Bourke Street Mall, Federation Square.

Comparable buildings

  • 120 Collins Street
  • 101 Collins Street
  • Rialto Towers

Where CBD East (Collins Street) sits in Melbourne

CBD East (Collins Street) is one of 5 Class A submarkets we cover in Melbourne, classified as trophy tier with an average asking rent around A$880/sqm/yr · ≈ $53.1 PSF/yr USD. Compared with the broader Melbourne Class A stock, CBD East (Collins Street) typically attracts Banking (NAB, ANZ), insurance, law (Allens, MinterEllison), professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside CBD East (Collins Street): CBD West (Spencer Street), Docklands, Southbank, Parkville & CBD North. The full Melbourne submarket atlas is at /cities/melbourne.

Topic deep-dives for CBD East (Collins Street)

For an institutional Class A occupier evaluating CBD East (Collins Street), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

Related glossary

Terminology specific to Melbourne Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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