🏠 ResidentialResidential ApartmentCompleted 2023

Mercure Melbourne Treasury Gardens

13-23 Spring Street, Melbourne VIC 3000

  • 126 m tall Β· #81 in Melbourne
  • 33 floors
  • 73 homes
  • 148 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyβ€”Unit median $545,000
Rentβ€”1-bed median $560/wk

Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.

3 years standing

Built in 2 mths

  1. 2018Planning application
  2. Mar 2023Construction started
  3. By May 2023Completed
  4. TodayStill standing

10 building permits Β· 5 news storiesFull timeline ↓

About Mercure Melbourne Treasury Gardens

Mercure Melbourne Treasury Gardens is a 33-storey apartment tower with 73 homes, rising 128 m to its top. Cbus Property developed it, Bates Smart designed it and Hacer Group built it, with construction starting in 2019 and completion in 2023.

At a glance

Key facts

Building type
🏠 Residential
Completed
2023
Construction started
2019 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
128 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the top
126 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the roof
#81 of 1596 in Melbourne
Floors
33
Footprint
1,122 mΒ²
Homes
73
Architect
Bates Smart
Builder
Hacer Group
Car spaces
148
Strata plan
PS827438 Β· 75 lots
Planning zone
CCZ1
Permits on record
10

Score cards

πŸš† Transport8/10

Parliament Railway Station 5 min walk Β· 9 tram stops within 400 m

β˜• Everyday amenities5/10

42 cafΓ©s, 3 grocers, 59 medical within 250 m

🌳 Greenery9/10

166 street trees within 150 m Β· park 50 m away

✨ Activity6/10

1,574 people pass daily nearby Β· 24 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

Apartments

From the council's development record, so the built numbers may differ a little.

1 bed67% of 84
2 bed2429% of 84
3+ bed5464% of 84

πŸš— 148 residential car spaces recorded at this property, about 2 per home. Which apartments have a space isn't recorded, so check the listing.

City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.

The building team

The people and companies behind the design, construction and management of Mercure Melbourne Treasury Gardens.

πŸ—DeveloperCbus Property2017–2023verified2017-2023 Β· Developer of the 17 Spring Street residential towerSource: Cbus Property β†—
πŸ“ArchitectBates SmartverifiedArchitectural design of the towerSource: Cbus Property β†—
πŸ‘·BuilderHacer Group2019–2023verified2019-2023 Β· Builder of the towerSource: Cbus Property β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Parliament Railway Station
Train station
5 min Β· 393 m
πŸš†Parliament Station
Train station
5 min Β· 428 m
πŸš‹Spring St/Flinders St #8
Tram stop
1 min Β· 67 m
πŸš‹Spring St/Collins St #8
Tram stop
2 min Β· 159 m
πŸš‹Lansdowne St/Wellington Pde #9
Tram stop
3 min Β· 230 m

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

Within a 3-minute walk

42β˜• CafΓ©s & eateries
3πŸ›’ Grocers
0πŸ‹οΈ Gyms
59🩺 Medical
2πŸ’Š Pharmacies
0🧸 Childcare
0🍷 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).

Prices and rents around here

Suburb and area medians, not this building's prices.

Median unit price, Melbourne$545,0002025 Β· -5.5% in a yearTrend since 2015
Yearly rent against price7%A $735/wk 2-bedroom rent for a year, against the $545,000 median unit priceBefore costs. Our estimate from two suburb medians, not advice.

Prices: Victorian Property Sales Report, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0.

Median weekly rents for new leases, CBD-St Kilda Rd

ApartmentMedian rentChange in a yearTrend since Mar 2016New leases
1 bedroom$560/wk+1.8%6,274 in the year to Sep 2025
2 bedroom$735/wk+2.1%6,605 in the year to Sep 2025
3 bedroom$1050/wk-4.5%737 in the year to Sep 2025

Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.

Timeline

Everything that has happened at Mercure Melbourne Treasury Gardens: listings, news, works, planning and history.

2024πŸ”„
Use change
Council census records it as residential apartment, 34 floors
Name recorded: Mercure Melbourne Treasury Gardens
By 2023βœ…
Milestone Β· Approved
Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
2 May 2023πŸ“°
News
Cbus Property announces practical completion of 17 Spring Street
Cbus Property announced practical completion of the 33-level, 73-apartment tower designed by Bates Smart and built by Hacer Group, which it valued at $300 million. Cbus said more than 2,000 workers were inducted onto the site during construction.
Covered by 2 outlets
By May 2023πŸŽ‰
Milestone Β· Completed
Mercure Melbourne Treasury Gardens completed: 33 floors
Derived from Cbus Property
Mar 2023πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
Mar 2023πŸ”‘
Milestone Β· First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2023πŸ› 
Works
14 certificates Β· about $137.5m of new works
Largest: Stage 1A – Demolition Permit – Internal Strip Out of Non Loadbearing Components Only
2022πŸ”„
Use change
Council census records it as unoccupied - under construction, 34 floors
Name recorded: Mercure Melbourne Treasury Gardens
28 Aug 2019πŸ“°
News
Former Mercure hotel furniture donated to the Salvation Army
Cbus Property donated furniture from the Mercure Melbourne Treasury Gardens Hotel, which had closed the previous month, to The Salvation Army. The site was being redeveloped as the 17 Spring Street tower.
12 Jun 2019πŸ“°
News
More than half of 17 Spring Street sold after launch
Cbus Property's 17 Spring Street tower had more than half of its apartments sold within about a month of launch, mainly to local owner-occupiers, according to a report at the time.
2019πŸ› 
Works
1 building permit Β· about $9k of new works
Largest: Building Notice Resolution - North Addition Doorsets
2018πŸ“
Milestone Β· Planning application
Planning application TPMR-2018-11 lodged
Derived from City of Melbourne Development Activity Monitor
30 Jul 2018πŸ“°
News
Tower proposal for Spring Street site goes to planning
Urban reported that Cbus Property's development application for the site had gone to planning, describing a 33-storey tower with 78 apartments across one-, two- and three-bedroom mixes. The article said the hotel site was still home to the Mercure at the time.
22 Sep 2017πŸ“°
News
Cbus Property acquires former Mercure Treasury Gardens Hotel site
Cbus Property bought the Mercure Melbourne Treasury Gardens Hotel on Spring Street from Pearl Hotels in an off-market deal reported to be worth more than $70 million. The article said the hotel would later be replaced by a residential tower.
2014πŸ› 
Works
1 building permit Β· about $190k of new works
Largest: Upgrade of fire detection system
2013πŸ”„
Use change
Council census records it as commercial accommodation, 14 floors
Name recorded: Mercure Melbourne Treasury Gardens
2012πŸ› 
Works
1 building permit and 2 certificates Β· about $4.1m of new works
Largest: Alterations to existing hotel rooms
2011πŸ”„
Use change
Council census records it as commercial accommodation, 14 floors
Name recorded: Mecure Hotel
2007πŸ› 
Works
1 building permit Β· about $18k of new works
Largest: Alterations to Mercure Hotel
2006πŸ› 
Works
1 building permit Β· about $80k of new works
Largest: Removal of Asbestos piping & restrict access to eastern fire isolated stairway
2003πŸ› 
Works
1 certificate Β· about $4k of new works
Largest: Alteration to Handrail to Main Entrance
2002πŸ“‹
First census
First council census entry: commercial accommodation, 14 floors
2000πŸ› 
Works
1 certificate
Largest: Stage 5A - Fire Services
1999πŸ› 
Works
4 building permits Β· about $1.2m of new works
Largest: Stage 2A - Refurbishment to guestrooms and corridors of hotel
1998πŸ› 
Works
1 certificate
Largest: Remove of the fire hydrant lay flat fire hoses.
1996πŸ› 
Works
1 building permit Β· about $300 of new works
Largest: Installation of sound proof access door within the eastern

Planning & heritage

Planning controls

ZoneCAPITAL CITY ZONE - SCHEDULE 1 (CCZ1)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO10Design 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
PS827438
Lots on the plan
75
Owners corporation
Yes (common property)
Building permits on record
10
Estimated cost of works
About $143.1m
1996New works by year (estimated)2023

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

2002Commercial Accommodation Β· 14 floors Β· "MERCURE HOTEL"
2011Commercial Accommodation Β· 14 floors Β· "Mecure Hotel"
2013Commercial Accommodation Β· 14 floors Β· "Mercure Melbourne Treasury Gardens"
2022Unoccupied - Under Construction Β· 34 floors Β· "Mercure Melbourne Treasury Gardens"
2024Residential Apartment Β· 34 floors Β· "Mercure Melbourne Treasury Gardens"

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

Community

What people say about Mercure Melbourne Treasury Gardens in public forums and groups, and reviews left here.

Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.

Resident reviews

No reviews of Mercure Melbourne Treasury Gardens yet. Be the first to tell future neighbours what it's like.

Reviews are checked before they're published. No one is named without permission.

Rate and review Mercure Melbourne Treasury Gardens

Your rating

By posting, you agree to the contributor terms. See how we handle your details in the privacy policy.

Frequently asked questions

Is Mercure Melbourne Treasury Gardens residential or commercial?

Mercure Melbourne Treasury Gardens is a residential building. The City of Melbourne lists its main use as residential apartment.

When was Mercure Melbourne Treasury Gardens built?

Mercure Melbourne Treasury Gardens was completed in 2023.

How many floors does Mercure Melbourne Treasury Gardens have?

Mercure Melbourne Treasury Gardens has 33 floors above ground.

How many apartments are in Mercure Melbourne Treasury Gardens?

Mercure Melbourne Treasury Gardens has 73 homes. The national address file lists 75 unit addresses here, and some of those can be shops or offices.

What size apartments are in Mercure Melbourne Treasury Gardens?

The City of Melbourne's development record lists 6 1 bed, 24 2 bed and 54 3+ bed apartments. The built numbers may differ a little.

Does Mercure Melbourne Treasury Gardens have parking?

The City of Melbourne records 148 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Mercure Melbourne Treasury Gardens?

The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.

Are there apartments for sale or rent in Mercure Melbourne Treasury Gardens?

See the residential listings on this page, or use the shortcuts to search 13-23 Spring Street on realestate.com.au and Domain.

Who designed and built Mercure Melbourne Treasury Gardens?

Cbus Property developed Mercure Melbourne Treasury Gardens, Bates Smart designed it and Hacer Group built it. The building team section has the sources.

How tall is Mercure Melbourne Treasury Gardens?

About 126 metres, measured from the City of Melbourne's 3D building model. It's number 81 of 1596 buildings in Melbourne by height.

What public transport is near Mercure Melbourne Treasury Gardens?

Parliament Railway Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Spring St/Flinders St #8, about 1 minute's walk.

What is the planning zone for Mercure Melbourne Treasury Gardens?

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

Does Mercure Melbourne Treasury Gardens have an owners corporation?

Plan of subdivision PS827438 has 75 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Mercure Melbourne Treasury Gardens recently?

The City of Melbourne has issued 10 building permits for Mercure Melbourne Treasury Gardens since 1996. The most recent was in June 2019.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Mercure Melbourne Treasury GardensResidentialβ€”332023
The Philadelphia ApartmentsResidential27 m251974
Shell HouseCommercial37 m291989
51 SPRING STREETResidential94 m161973

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 residential dwellings (CC BY 4.0), Development Activity Monitor (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.

Mercure Melbourne Treasury GardensNo listings linked yetFind listings

Suggest a correction

Something wrong or missing? Tell us what it should say. We check every suggestion before changing anything.

By sending, you agree to the contributor terms. See how we handle your details in the privacy policy.