--- title: "CBD East (Collins Street), Melbourne — Class A submarket" description: "Trophy financial and legal spine." canonical: https://classa.info/cities/melbourne/cbd-east pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > 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. ## 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. # 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](/topics/trophy-asset-selection) — ~A$880/sqm/yr. - Active [Class A](/glossary/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** [](https://www.google.com/maps/search/?api=1&query=120%20Collins%20Street%2C%20120%20Collins%20Street%2C%20Melbourne%20VIC%203000%2C%20CBD%20East%20(Collins%20Street)%2C%20Melbourne%2C%20Australia&query_place_id=ChIJLWsRLshC1moRrTpFQSRjPEE) - **101 Collins Street** [](https://www.google.com/maps/search/?api=1&query=101%20Collins%20Street%2C%20101%20Collins%20Street%2C%20Melbourne%20VIC%203000%2C%20CBD%20East%20(Collins%20Street)%2C%20Melbourne%2C%20Australia&query_place_id=ChIJQ1jyIchC1moR0CIu4qePZ0s) - **Rialto Towers** [](https://www.google.com/maps/search/?api=1&query=Rialto%20Towers%2C%20525%20Collins%20Street%2C%20Melbourne%20VIC%203000%2C%20CBD%20East%20(Collins%20Street)%2C%20Melbourne%2C%20Australia&query_place_id=ChIJE1iKuU1d1moRjTo-xcXV-BU) ## 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](/glossary/amenitisation). Adjacent submarkets to study alongside CBD East (Collins Street): [CBD West (Spencer Street)](/cities/melbourne/cbd-west-spencer), [Docklands](/cities/melbourne/docklands), [Southbank](/cities/melbourne/southbank), [Parkville & CBD North](/cities/melbourne/parkville-cbd-north). The full Melbourne submarket atlas is at [/cities/melbourne](/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: - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/rents-and-availability) - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/tenant-profile) - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/transit-and-commute) - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/amenity-and-lifestyle) - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/trophy-and-comparables) - [CBD East (Collins Street) — ](/cities/melbourne/cbd-east/fit-out-and-spec) ## Related glossary Terminology specific to Melbourne Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Editorial provenance Reviewed by [**Kenji Watanabe**](/about/authors/kenji-watanabe) — APAC contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/melbourne/cbd-east), updated 2026-04-15T00:00:00.000Z.