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That's Built · Building report

Premier Tower

134-160 Spencer Street, Melbourne VIC 3000
Generated 8 November 2026
Mixed use · Residential Apartment
246 mheight
78floors
2021completed
795homes
34permits

Development milestones

Planning application2014Planning application TPM-2014-32 lodged
ApprovedBy 2017Planning permit granted (exact date not recorded)
Construction startedMay 2017First major construction permit issued
Completed2021Premier Tower completed: 78 floors

Building team

Developer
Fragrance Group
Architect
Elenberg Fraser
Builder
Brookfield Multiplex
Building manager
PDS Group

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, DDO12, PO1, SCO41
Strata plan
PS739447 · 796 lots
Scores
🚆 10 · ☕ 9 · 🌳 6 · ✨ 6

Timeline

2021Premier Tower completed: 78 floors
Derived from Wikipedia
2021Council census records it as residential apartment, 79 floors
23 Jul 2020Premier Tower tops out at 79 storeys
The Urban Developer reported that Fragrance Group had topped out the 79-storey Premier Tower, with Multiplex as builder. At the time, 90 per cent of the apartments had sold, with 80 remaining, and completion was on track for the end of 2020.
20204 building permits
Largest: Stage 26 - Ground floor civils and landscape and L07 landscape works.
2019Council census records it as unoccupied - under construction, 22 floors
20194 building permits
Largest: Stage 22: Level 2 & Level 7 Pool Structures
201810 building permits
Largest: Stage 12: Post Tensioned Slab (Level 7, Level 7 Mezzanine, Level 8 & Level 9 to Level 45)
By 2017Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
May 2017First major construction permit issued
Derived from City of Melbourne building permits
20176 building permits
Largest: Stage 8: Core Walls (Basement & Podium)
1 Jun 2016Brookfield Multiplex brought in to build Premier Tower
In June 2016 realcommercial reported that Brookfield Multiplex had been called in to construct the Premier Tower. In December 2016 Felix reported that Multiplex had been chosen to deliver the $315 million hotel and apartment project, with 796 apartments across 79 levels.
20161 building permit · about $346.1m of new works
Largest: Construction of a New Development Comprising Hotel/Apartments, Retail, Carparking and Residential Apartments
9 Jul 2015Presales for Premier Tower reported at 60 per cent sold
The Urban Developer reported strong buyer interest in Fragrance Group's first landmark residential apartment project in Melbourne, with 60 per cent of the proposed 780 apartments already sold. Construction was then due to start the following year.
2015Council census records it as entertainment/recreation - indoor, 2 floors
20151 building permit · about $20k of new works
Largest: Demolition of an existing canopy
2014Planning application TPM-2014-32 lodged
Derived from City of Melbourne Development Activity Monitor
20141 building permit · about $50k of new works
Largest: Stage 3 - Full permit including MFESB compliance, disabled access and tactile indicators, fire-hose reels
20132 building permits · about $400k of new works
Largest: Stage 2: External facade works (not including disabled access to entries). External Alterations to an existing bar / tavern
2010Council census records it as unoccupied - under demolition/condemned, 2 floors
2008Council census records it as unoccupied - under demolition/condemned, 2 floors
Name recorded: SAVOY TAVERN
2006Council census records it as unoccupied - under renovation, 2 floors
Name recorded: SAVOY TAVERN
2004Council census records it as unoccupied - under demolition/condemned, 2 floors
Name recorded: SAVOY TAVERN
2002First council census entry: unoccupied - under demolition/condemned, 1 floors
20001 building permit · about $190 of new works
Largest: Installation of alarm signalling equipment

Building permits and certificates (30)

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.

23 Sept 2020Stage 26 - Ground floor civils and landscape and L07 landscape works.$346.1m
03 Sept 2020Stage 25 - Various - Level 76, 77, 78 Services, Facade for L76 to 79 including Parapet Facade)$346.1m
15 June 2020Stage 24 - L78 roof structure, damper tank and LMR structure, roof parapet steelwork$315.0m
08 Jan 2020Stage 23: Ground Floor Glazing, L07 & L46 Common Area Services$315.0m
27 Aug 2019Stage 22: Level 2 & Level 7 Pool Structures$315.0m
28 June 2019Stage 21: Architectural, Services and Structural Works L46 - 77, Facade Works L46-75$27.5m
06 Mar 2019Stage 20 - Level 7 Glass Facade$545k
11 Feb 2019Stage 19: Level 1 Canopies,Level 3 Louvres and Level 8 Roofs Steelwork$525k
28 Nov 2018Stage 18: L7 to L45 Architectural Works$12.9m
20 Nov 2018Stage 17: Services (Level 7 - Level 45)$0
25 Oct 2018Stage 16: Facade Level 8 to Level 45 only$10.0m
03 Oct 2018Stage 15: Architectural (ground lloor up to level 6 only) excluding: - Level 1,3,4 (Meting Rooms) - Level 2 (Gymnasium, Pool) - Level 5 (Business Centre) - Balustrade (XBA-03) - Pool - Level 2 (Room 201) - Level 3 (Room 301) - Ground Floor Canopy$10.0m
13 Sept 2018Stage 14: Facade Level 1 to Level 7 Only$9.9m
08 Aug 2018Stage 13: Architectural Basement 4 up to Basement 1 Only$1.0m
12 July 2018Stage 12: Post Tensioned Slab (Level 7, Level 7 Mezzanine, Level 8 & Level 9 to Level 45)$315.0m
31 May 2018Stage 11: Core up to Level 77 & Services up to Level 6 (Excluding Fire Hose Reel Location at Basement Levels & Electrical Services Associated with Artificial Lighting)$315.0m
22 Mar 2018Stage 10: Level 00 (Mezzanine) Slab, Level 1 Slab and Tower Columns$315.0m
16 Feb 2018Stage 9: Southern Precast Wall, Ground Floor, Level 2-6 Floor Slabs$315.0m
20 Sept 2017Stage 8: Core Walls (Basement & Podium)$315.0m
23 Aug 2017Stage 6: Basement/ Podium Columns & Walls (Excluding Lift and Stair Shaft Core Walls & Southern Precast Abutting Savoy Property)$315.0m
01 Aug 2017Stage 5: Civil In-Ground Services$315.0m
19 July 2017Stage 4: Raft and Pile Caps$315.0m
19 May 2017Stage 3: Piling Works$315.0m
12 May 2017Stage 2: Bulk Excavation & Retention Works to Basement Level 4)$315.0m
14 Dec 2016Construction of a New Development Comprising Hotel/Apartments, Retail, Carparking and Residential Apartments$315.0m
20 Nov 2015Demolition of an existing canopy$20k
07 Mar 2014Stage 3 - Full permit including MFESB compliance, disabled access and tactile indicators, fire-hose reels$50k
19 Dec 2013Stage 2: External facade works (not including disabled access to entries). External Alterations to an existing bar / tavern$400k
25 Nov 2013Alterations to an existing bar / tavern$400k
29 Feb 2000Installation of alarm signalling equipment$190

Questions and answers

Is Premier Tower residential or commercial?
Premier Tower mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Premier Tower built?
Premier Tower was completed in 2021.

How many floors does Premier Tower have?
Premier Tower has 78 floors above ground.

How many apartments are in Premier Tower?
Premier Tower has 795 homes. The national address file lists 829 unit addresses here, and some of those can be shops or offices.

What size apartments are in Premier Tower?
The City of Melbourne's development record lists 236 1 bed and 544 2 bed apartments. The built numbers may differ a little.

Does Premier Tower have parking?
The City of Melbourne records 127 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

Does Premier Tower have hotel or student accommodation?
The City of Melbourne records 160 hotel rooms at Premier Tower.

What do apartments cost near Premier Tower?
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.

What businesses are in Premier Tower?
The latest council census counted 2 businesses in Premier Tower, including Miss Mi and Movenpick Hotel Melbourne On Spencer.

Are there apartments for sale or rent in Premier Tower?
See the residential listings on this page, or use the shortcuts to search 134-160 Spencer Street on realestate.com.au and Domain.

Is there office or retail space for lease in Premier Tower?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built Premier Tower?
Fragrance Group developed Premier Tower, Elenberg Fraser designed it and Brookfield Multiplex built it. The building team section has the sources.

How tall is Premier Tower?
About 246 metres, measured from the City of Melbourne's 3D building model. It's number 7 of 1596 buildings in Melbourne by height.

What public transport is near Premier Tower?
Southern Cross Station is the nearest train station, about 2 minutes' walk. The nearest tram stop is Spencer St/Bourke St #1, about 1 minute's walk.

What is the planning zone for Premier Tower?
The site is in the Capital City Zone - Schedule 1 (CCZ1).

Does Premier Tower have an owners corporation?
Plan of subdivision PS739447 has 796 lots.

How well did Premier Tower sell before it was finished?
By July 2015, presales for Premier Tower had reached 60 per cent.

Has any work been done on Premier Tower recently?
The City of Melbourne has issued 34 building permits for Premier Tower since 2000. The most recent was in September 2020.

Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE business establishments (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)). General information from public records, not legal, financial or building advice.

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