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128 Exhibition

128-134 Exhibition Street, Melbourne VIC 3000
Generated 8 November 2026
Commercial · Office
43 mheight
11floors
1972completed
8businesses
26permits

Development milestones

Completed1972128 Exhibition completed: 11 floors

Building team

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO62, DDO62-B5, PO1
Strata plan
TP579532 · 1 lots
Scores
🚆 9 · ☕ 7 · 🌳 8 · ✨ 10

Timeline

20261 building permit · about $83k of new works
Largest: Level 8 - Tenancy Fitout of Office
20253 certificates · about $698k of new works
Largest: Level 6 -Tenancy Fitout of Office
20233 building permits and 3 certificates · about $5.9m of new works
Largest: Stage 3: Structural Shopfront Glazing.
20221 certificate · about $40k of new works
Largest: Level 10 - Alterations to existing building
20211 certificate · about $70k of new works
Largest: Level 2 -OFFICE FITOUT
20192 building permits · about $378k of new works
Largest: Level 5 - Office Fitout
20181 building permit and 2 certificates · about $152k of new works
Largest: Alterations - Level 5, 128 Exhibition Street Melbourne
20151 building permit and 3 certificates · about $678k of new works
Largest: Level 3 & 4 - Retail Fitout
20141 building permit · about $73k of new works
Largest: Office alterations Level 6
9 Nov 2013128 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.
20131 building permit and 1 certificate · about $345k of new works
Largest: Alterations to office, snowball fitout to Level 3.
20121 certificate · about $500k of new works
Largest: Proposed Alterations to Shop for Priceline Pharmacy (Stage 1: Internal Works Only)
2011Council census records it as office, 11 floors
Name recorded: 128 Exhibition
24 Oct 2010Mario 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 2009Mario 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.
20091 building permit · about $163k of new works
Largest: Internal alterations to an existing office tenancy - Level 7
May 2008AMP 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.
20081 building permit · about $30k of new works
Largest: Australian Healthcare Associates. Alterations to existing building - Office Fitout Level 5.
20072 building permits and 1 certificate · about $99k of new works
Largest: Snowball office tenancy fitout on Level 4.
20061 building permit · about $15k of new works
Largest: Alterations to office building entry. AMP entry alterations, office entrance.
20051 building permit · about $90k of new works
Largest: Office fitout on level 8
20043 building permits and 4 certificates · about $672k of new works
Largest: Internal Tenancy Fitout Works - Ground Floor
20031 building permit and 1 certificate · about $180k of new works
Largest: Office partition fitout - Part Level 1
2002First council census entry: office, 11 floors
20011 building permit · about $132k of new works
Largest: lvl 5 office fit out to existing bldg
20001 certificate · about $190 of new works
Largest: installation of alarm signalling equipment.
19992 building permits and 1 certificate · about $128k of new works
Largest: Ground floor foyer refurbishment
19981 building permit
Largest: Tenancy fitout on level 6
19962 certificates · about $60k of new works
Largest: Level 3 - Office fitout
19952 building permits · about $21k of new works
Largest: Level 1-11 - Fire protection upgrade
1972128 Exhibition completed: 11 floors
Derived from City of Melbourne building census (CLUE) 2024

Building permits and certificates (51)

Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.

13 Feb 2026Level 8 - Tenancy Fitout of Office$83k
14 Nov 2025Level 8 - Back to base strip-out of existing office space$231k
01 Oct 2025Part level 7 - Tenancy Fitout of Office Level 7 East$79k
07 May 2025Level 6 -Tenancy Fitout of Office$388k
21 Aug 2023(Defit - Level 6) - Alterations to existing Office$20k
26 July 2023Alteration to existing building$2.9m
26 July 2023Stage 2: Architectural, ESD, and Fire Engineering (excluding Shopfront Glazing)$2.9m
09 June 2023Stage 3: Structural Shopfront Glazing.$2.9m
01 June 2023Construct a Kitchen Exhaust Duct$47k
16 May 2023Tenancy Fitout of Office Level 7$122k
28 July 2022Level 10 - Alterations to existing building$40k
30 July 2021Level 2 -OFFICE FITOUT$70k
01 Aug 2019Level 5 - Office Fitout$378k
31 Jan 2019Level 6 - Proposed Internal Office Partition$169
15 Nov 2018Level 6 - Proposed Internal Partitions and Office Fitout for Infrastructure Advisory Group$25k
12 Apr 2018Alterations - Level 5, 128 Exhibition Street Melbourne$70k
11 Apr 2018Level 2 - Alterations to existing Office$57k
23 Apr 2015Level 3 & 4 - Retail Fitout$210k
23 Apr 2015Part Level 1- Tenancy fitout of G&C Mutual Bank$188k
18 Apr 2015Level 7 - Office Fit Out$170k
13 Apr 2015Level 10 - Proposed office fit out$110k
24 Mar 2014Office alterations Level 6$73k
16 Sept 2013Internal Non Structural Alterations to Level 9 (Part) Office - WEBB Australia$150k
29 July 2013Alterations to office, snowball fitout to Level 3.$195k
14 Aug 2012Proposed Alterations to Shop for Priceline Pharmacy (Stage 1: Internal Works Only)$500k
23 Nov 2009Internal alterations to an existing office tenancy - Level 7$163k
30 July 2008Australian Healthcare Associates. Alterations to existing building - Office Fitout Level 5.$30k
19 Dec 2007Proposed fitout office tenancy , Levels 5 and 8$59k
13 Aug 2007Snowball office tenancy fitout on Level 4.$250k
26 Mar 2007Office tenancy make good works on level 3.$40k
12 Jan 2006Alterations to office building entry. AMP entry alterations, office entrance.$15k
30 Nov 2005Office fitout on level 8$90k
28 Oct 2004Partition fitout Level 5$10k
19 Aug 2004Ground Floor - New Canopy Alteration Extension$40k
19 Aug 2004Ground level alterations to building (shop)$124k
19 Aug 2004Internal Tenancy Fitout Works - Ground Floor$250k
18 Aug 2004FOYER UPGRADE GROUND FLOOR$32k
19 Apr 2004Alterations to Levels 8 & 10$173k
19 Mar 2004Internal Alerations Level 10$44k
14 Nov 2003Internal alteration to Level 9 office$80k
28 Aug 2003Office partition fitout - Part Level 1$100k
19 Apr 2001lvl 5 office fit out to existing bldg$132k
28 Sept 2000installation of alarm signalling equipment.$190
30 Aug 1999Ground floor foyer refurbishment$71k
12 Apr 1999Tenancy alterations on level 5$50k
29 Jan 1999Partition alterations on level 8$8k
12 Nov 1998Tenancy fitout on level 6$25k
21 Oct 1996Level 4 - Office Fitout Alterations$25k
18 June 1996Level 3 - Office fitout$35k
29 Dec 1995Level 1-11 - Fire protection upgrade$20k
10 Feb 1995Levels 8 & 9 - Minor office building alterations.$1k

Questions and answers

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.

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)). General information from public records, not legal, financial or building advice.

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