🏒 CommercialOfficeCompleted 1972

128 Exhibition

128-134 Exhibition Street, Melbourne VIC 3000

  • 43 m tall Β· #384 in Melbourne
  • 11 floors
  • 8 businesses
  • 5 car spaces

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54 years standing

  1. 1972Completed
  2. 1991Refurbished
  3. TodayStill standing

26 building permits Β· 4 news storiesFull timeline ↓

About 128 Exhibition

128 Exhibition is an 11-storey office building on Exhibition Street in Melbourne, with a roof height of 43 metres. Completed in 1972, it was bought by Salvest Capital in 2009 for $15 million and resold for $20 million in 2013.

At a glance

Key facts

Building type
🏒 Commercial
Completed
1972 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
43 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#384 of 1596 in Melbourne
Floors
11
Footprint
551 mΒ²
Businesses
8
Car spaces
5
Strata plan
TP579532 Β· 1 lots
Planning zone
CCZ1
Permits on record
26

Score cards

πŸš† Transport9/10

Parliament Railway Station 3 min walk Β· 8 tram stops within 400 m

β˜• Everyday amenities7/10

151 cafΓ©s, 6 grocers, 69 medical within 250 m

🌳 Greenery8/10

112 street trees within 150 m Β· park 213 m away

✨ Activity10/10

597 people pass daily nearby Β· 108 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 128 Exhibition.

+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Parliament Railway Station
Train station
3 min Β· 220 m
πŸš†Parliament Station
Train station
3 min Β· 228 m
πŸš‹Spring St/Bourke St #9
Tram stop
2 min Β· 155 m
πŸš‹Russell St/Bourke St #7
Tram stop
2 min Β· 179 m
πŸš‹101 Collins St/Collins St #7
Tram stop
2 min Β· 187 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

151β˜• CafΓ©s & eateries
6πŸ›’ Grocers
4πŸ‹οΈ Gyms
69🩺 Medical
6πŸ’Š Pharmacies
0🧸 Childcare
28🍷 Pubs & bars

Who lives in Melbourne (CBD)

Residents37,341
Median age26
Households renting70%
Households without a car75%
Walk to work40%
Public transport to work43%

ABS Census 2016 via City of Melbourne (CC BY).

Businesses in 128 Exhibition

8 businesses recorded in the City of Melbourne's latest business census.

Antara 128

Cafes and Restaurants

Community Housing Federation Of Victoria Inc

Other Interest Group Services n.e.c.

CPSU SPSF Group

Labour Association Services

G & C Mutual Bank

Credit Union Operation

The State Public Services Federation

Labour Association Services

VCOSS

Other Interest Group Services n.e.c.

Webb Australia Group (Vic) Pty Ltd

Engineering Design and Engineering Consulting Services

ZTE (AUSTRALIA) PTY LTD

Telecommunication Goods Wholesaling

Looking for space in 128 Exhibition?

We'll try to put you in touch with an agent, though we can't promise a reply.
Source: City of Melbourne Census of Land Use and Employment, CC BY 4.0.

Timeline

Everything that has happened at 128 Exhibition: listings, news, works, planning and history.

2026πŸ› 
Works
1 building permit Β· about $83k of new works
Largest: Level 8 - Tenancy Fitout of Office
2025πŸ› 
Works
3 certificates Β· about $698k of new works
Largest: Level 6 -Tenancy Fitout of Office
2023πŸ› 
Works
3 building permits and 3 certificates Β· about $5.9m of new works
Largest: Stage 3: Structural Shopfront Glazing.
2022πŸ› 
Works
1 certificate Β· about $40k of new works
Largest: Level 10 - Alterations to existing building
2021πŸ› 
Works
1 certificate Β· about $70k of new works
Largest: Level 2 -OFFICE FITOUT
2019πŸ› 
Works
2 building permits Β· about $378k of new works
Largest: Level 5 - Office Fitout
2018πŸ› 
Works
1 building permit and 2 certificates Β· about $152k of new works
Largest: Alterations - Level 5, 128 Exhibition Street Melbourne
2015πŸ› 
Works
1 building permit and 3 certificates Β· about $678k of new works
Largest: Level 3 & 4 - Retail Fitout
2014πŸ› 
Works
1 building permit Β· about $73k of new works
Largest: Office alterations Level 6
9 Nov 2013πŸ“°
News
128 Exhibition Street resold for $20 million
InvestSMART reported that Salvo's investment arm, Salvest Capital, had resold 128 Exhibition Street for $20 million, having bought it in the 2009 downturn for $15 million. A local investor was named as the buyer; that person is a private individual and is not named here.
2013πŸ› 
Works
1 building permit and 1 certificate Β· about $345k of new works
Largest: Alterations to office, snowball fitout to Level 3.
2012πŸ› 
Works
1 certificate Β· about $500k of new works
Largest: Proposed Alterations to Shop for Priceline Pharmacy (Stage 1: Internal Works Only)
2011πŸ”„
Use change
Council census records it as office, 11 floors
Name recorded: 128 Exhibition
24 Oct 2010πŸ“°
News
Mario Salvo to sell 128 Exhibition Street after a year
Reports said Mario Salvo planned to sell 128 Exhibition Street about a year after buying it for $15 million, and could expect around $17.5 million. The report was based on unnamed sources.
25 Nov 2009πŸ“°
News
Mario Salvo's Salvest Capital buys 128 Exhibition Street for $15 million
Developer Mario Salvo's investment arm, Salvest Capital, reportedly bought the 11-level office at 128 Exhibition Street for $15 million after it had failed to sell following a public campaign. AMP Capital Investors had bought the asset for $5 million in 2000.
Covered by 2 outlets
2009πŸ› 
Works
1 building permit Β· about $163k of new works
Largest: Internal alterations to an existing office tenancy - Level 7
May 2008πŸ“°
News
AMP close to selling 128 Exhibition Street for about $16.5 million
Reports said AMP was close to selling the 11-level, 4,770 square metre office at 128 Exhibition Street for about $16.5 million, with CBRE marketing the property. An AMP spokeswoman could not comment, and the buyer was not named.
2008πŸ› 
Works
1 building permit Β· about $30k of new works
Largest: Australian Healthcare Associates. Alterations to existing building - Office Fitout Level 5.
2007πŸ› 
Works
2 building permits and 1 certificate Β· about $99k of new works
Largest: Snowball office tenancy fitout on Level 4.
2006πŸ› 
Works
1 building permit Β· about $15k of new works
Largest: Alterations to office building entry. AMP entry alterations, office entrance.
2005πŸ› 
Works
1 building permit Β· about $90k of new works
Largest: Office fitout on level 8
2004πŸ› 
Works
3 building permits and 4 certificates Β· about $672k of new works
Largest: Internal Tenancy Fitout Works - Ground Floor
2003πŸ› 
Works
1 building permit and 1 certificate Β· about $180k of new works
Largest: Office partition fitout - Part Level 1
2002πŸ“‹
First census
First council census entry: office, 11 floors
2001πŸ› 
Works
1 building permit Β· about $132k of new works
Largest: lvl 5 office fit out to existing bldg
2000πŸ› 
Works
1 certificate Β· about $190 of new works
Largest: installation of alarm signalling equipment.
1999πŸ› 
Works
2 building permits and 1 certificate Β· about $128k of new works
Largest: Ground floor foyer refurbishment
1998πŸ› 
Works
1 building permit
Largest: Tenancy fitout on level 6
1996πŸ› 
Works
2 certificates Β· about $60k of new works
Largest: Level 3 - Office fitout
1995πŸ› 
Works
2 building permits Β· about $21k of new works
Largest: Level 1-11 - Fire protection upgrade
1972πŸŽ‰
Milestone Β· Completed
128 Exhibition completed: 11 floors
Derived from City of Melbourne building census (CLUE) 2024

Planning & heritage

Planning controls

ZoneCAPITAL CITY ZONE - SCHEDULE 1 (CCZ1)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO62Design and Development Overlay: limits on building height, setbacks and design
DDO62-B5Design and Development Overlay: limits on building height, setbacks and design
PO1Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© 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
TP579532
Lots on the plan
1
Owners corporation
Not recorded
Building permits on record
26
Estimated cost of works
About $10.5m
1995New works by year (estimated)2026

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

2002Office Β· 11 floors Β· "128 EXHIBITION"
2011Office Β· 11 floors Β· "128 Exhibition"

City of Melbourne Census of Land Use and Employment, since 2002.

Community

What people say about 128 Exhibition in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about 128 Exhibition? .

Tenant reviews

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Frequently asked questions

Is 128 Exhibition residential or commercial?

128 Exhibition is a commercial building. The City of Melbourne lists its main use as office.

When was 128 Exhibition built?

128 Exhibition was completed in 1972.

How many floors does 128 Exhibition have?

128 Exhibition has 11 floors above ground.

What businesses are in 128 Exhibition?

The latest council census counted 8 businesses in 128 Exhibition, including Antara 128, Community Housing Federation Of Victoria Inc and CPSU SPSF Group.

Is there office or retail space for lease in 128 Exhibition?

See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who built 128 Exhibition?

The building team section lists who's known so far. Builders, architects and developers can claim their role on this page.

How tall is 128 Exhibition?

About 43 metres, measured from the City of Melbourne's 3D building model. It's number 384 of 1596 buildings in Melbourne by height.

What public transport is near 128 Exhibition?

Parliament Railway Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Spring St/Bourke St #9, about 2 minutes' walk.

What is the planning zone for 128 Exhibition?

The site is in the Capital City Zone - Schedule 1 (CCZ1).

Does 128 Exhibition have an owners corporation?

Plan of subdivision TP579532 has 1 lot.

Has any work been done on 128 Exhibition recently?

The City of Melbourne has issued 26 building permits for 128 Exhibition since 1995. The most recent was in February 2026.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
128 ExhibitionCommercialβ€”111972
121 Exhibition StreetCommercial97 m392006
111 Bourke StreetCommercial97 m222009

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 Β© Google Maps.

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