The Trustees Building
401-403 Collins Street, Melbourne VIC 3000
- 11 floors
- 5 businesses
- 12 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Each link opens a Google search limited to that site.
89 years standing
- 1937Completed
- 1985Refurbished
- TodayStill standing
13 building permits · 3 news storiesFull timeline ↓
About The Trustees Building
The Trustees Building at 401-403 Collins Street is an 11-storey building completed in 1937, and it is covered by a heritage overlay. Impact Investment Group bought it in a sale and leaseback in 2014 for $32 million. WeWork was set to take most of the building in 2017, and Impact offered it for sale in 2021 at about $70 million.
At a glance
Key facts
- Building type
- 🏢 Commercial
- Completed
- 1937
- Height
- —
- Floors
- 11
- Footprint
- 651 m²
- Businesses
- 5
- Car spaces
- 12
- Strata plan
- TP579562 · 1 lots
- Planning zone
- CCZ1
- Permits on record
- 13
Score cards
Flinders Street Station 6 min walk · 12 tram stops within 400 m
103 cafés, 3 grocers, 9 medical within 250 m
116 street trees within 150 m · park 81 m away
5,147 people pass daily nearby · 64 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
The building team
The people and companies behind the design, construction and management of The Trustees Building.
Location & neighbourhood
Getting around
Train station6 min · 451 m
Train station6 min · 506 m
Tram stop2 min · 124 m
Tram stop2 min · 192 m
Tram stop2 min · 199 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Businesses in The Trustees Building
5 businesses recorded in the City of Melbourne's latest business census.
AUNTY GRACE PTY LTD
CRUNCHYROLL PTY LTD
Czar Workspace
FLUENCE ENERGY PTY LTD
Natural History Bar & Grill
Looking for space in The Trustees Building?
Timeline
Everything that has happened at The Trustees Building: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designHO608Heritage Overlay: a permit is needed to demolish or change the outside of heritage placesPO1Parking Overlay: controls on how much car parking new development can provideVicmap Planning, © State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.
Subdivision & permits
- Plan of subdivision
- TP579562
- Lots on the plan
- 1
- Owners corporation
- Not recorded
- Building permits on record
- 13
- Estimated cost of works
- About $26.3m
Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.
History of the site
How it's been recorded over time
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about The Trustees Building in public forums and groups, and reviews left here.
Tenant reviews
No reviews of The Trustees Building yet. Be the first to tell future tenants what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review The Trustees Building
Frequently asked questions
Is The Trustees Building residential or commercial?
The Trustees Building is a commercial building. The City of Melbourne lists its main use as unoccupied - under renovation.
When was The Trustees Building built?
The Trustees Building was completed in 1937.
How many floors does The Trustees Building have?
The Trustees Building has 11 floors above ground.
What businesses are in The Trustees Building?
The latest council census counted 5 businesses in The Trustees Building, including AUNTY GRACE PTY LTD, CRUNCHYROLL PTY LTD and Czar Workspace.
Is there office or retail space for lease in The Trustees Building?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who built The Trustees Building?
The building team section lists who's known so far. Builders, architects and developers can claim their role on this page.
What public transport is near The Trustees Building?
Flinders Street Station is the nearest train station, about 6 minutes' walk. The nearest tram stop is William St/Collins St #3, about 2 minutes' walk.
What is the planning zone for The Trustees Building?
The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO608).
Does The Trustees Building have an owners corporation?
Plan of subdivision TP579562 has 1 lot.
What has The Trustees Building been bought and offered for?
In 2014 Impact Investment Group bought the building for $32 million in a sale and leaseback. In 2021 Impact offered it for sale at about $70 million.
Has any work been done on The Trustees Building recently?
The City of Melbourne has issued 13 building permits for The Trustees Building since 1998. The most recent was in October 2024.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| The Trustees Building | Commercial | — | 11 | 1937 |
| BNZA House | Commercial | 21 m | 9 | 1891 |
| SDA House | Commercial | 33 m | 12 | 1958 |
| Oaks On Market | Hotel | 55 m | 25 | 1967 |
That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE business establishments (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details © Google Maps.