One for the History Books

Constructed in 1958 by Atlas Assurance Co Ltd, the building was known as one of Collins Street's landmark assets with the famous statue of Atlas holding up the
world on his shoulders.

Fast forward 85 years and the famous statue of Atlas still stands strong on this iconic Collins Street freehold which was formerly known as Concept House,
Praemium House and is now looking for a new name from its next owner.

406 Collins Street benefits from being located in the epicentre of the most highly sought after business address in Melbourne, if not Australia. The building offers tenants with immediate access to the Collins Street Financial and Tech Precinct whilst also being surrounded by some of the city's best Premium and A-Grade buildings.

Down the street, you'll find some of the country's newest major developments including Collins Arch at 447 Collins Street, Olderfleet at 477 Collins Street and 555 Collins Street, Charter Hall's newest addition to Melbourne's prestigious skyline.

The building comprises a 12-storey office building with a total net lettable area of 3,861sqm*. The building is in great condition throughout with major refurbishments to majority of the office floors over recent years. With average floor plates of 339 - 364sqm*, the contemporary office accommodation enjoys excellent natural light from its high ceilings and large windows overlooking Collins Street's treelined and historic aspect.

With a WALE of 1.33 years by income and NABERS rating of 2.5 Stars, 406 Collins Street offers excellent value-add through both income and ESG reversion. This prominent Collins Street location and quality building provides extensive opportunities and flexibility for a value-add investor or owner occupier looking to
secure a prime Collins Street address for their new headquarters, while enjoying naming rights on a Collins Street building with so much history.

For further information on the building or to arrange an inspection, please contact the exclusive sales agents at MMJ.

*Approximately