What stood here in 1888
🏬 Mixed useResidential ApartmentCompleted 1889πŸ› Heritage overlay

Emerald Commercial

18-22 Mckillop Street, Melbourne VIC 3000

  • 29 m tall Β· #530 in Melbourne
  • 7 floors
  • 12 homes
  • 12 businesses

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
Lease spaceβ€”β€”

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

137 years standing

  1. 1889Completed
  2. 2004Refurbished
  3. TodayStill standing

8 building permitsFull timeline ↓

About Emerald Commercial

Emerald Commercial is a mixed use building, mainly residential apartments, with 12 homes, completed in 1889 and sitting under a heritage overlay. It rises seven floors above ground to a roof height of 29 metres.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
1889
Height
29 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#530 of 1596 in Melbourne
Floors
7 Unconfirmed We don't have data to 100% confirm this data point as yet.
Footprint
339 mΒ²
Homes
12
Businesses
12
Car spaces
β€”
Strata plan
PS510956 Β· 30 lots
Planning zone
CCZ1
Permits on record
8

Score cards

πŸš† Transport8/10

Town Hall Station 6 min walk Β· 13 tram stops within 400 m

β˜• Everyday amenities7/10

186 cafΓ©s, 11 grocers, 22 medical within 250 m

🌳 Greenery7/10

82 street trees within 150 m Β· park 290 m away

✨ Activity10/10

5,147 people pass daily nearby Β· 78 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 Emerald Commercial.

🏷Sales agentHarcourts Melbourne City2010–2025reportedCurrent Β· 2010-2025 Β· Publishes annual reported sales and lease reports for Emerald Apartments unitsSource: Harcourts Melbourne City β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Town Hall Station
Train station
6 min Β· 445 m
πŸš†Town Hall Railway Station
Train station
6 min Β· 507 m
πŸš‹Queen St/Bourke St #4
Tram stop
2 min Β· 154 m
πŸš‹Collins St/Elizabeth St #2
Tram stop
2 min Β· 170 m
πŸš‹Elizabeth St/Bourke St #5
Tram stop
2 min Β· 173 m

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

Within a 3-minute walk

186β˜• CafΓ©s & eateries
11πŸ›’ Grocers
11πŸ‹οΈ Gyms
22🩺 Medical
10πŸ’Š Pharmacies
0🧸 Childcare
18🍷 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.

Businesses in Emerald Commercial

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

Adam Dettrick Architects

Architectural Services

Blanc Laser & Skin

Hairdressing and Beauty Services

Hopetoun Bakehouse

Cafes and Restaurants

Ina Barry Gold & Silversmith

Jewellery and Silverware Manufacturing

Light Rail Consultants Pty Ltd

Engineering Design and Engineering Consulting Services

Maison Oui

Clothing Retailing

Neylon Legal

Legal Services

Pedavoli Architects

Architectural Services

Red Mustard Pty Limited

Management Advice and Other Consulting Services

Looking for space in Emerald Commercial?

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 Emerald Commercial: listings, news, works, planning and history.

2023πŸ› 
Works
1 certificate
Largest: Proposed alterations to existing retail tenancy
2022πŸ› 
Works
1 building permit Β· about $90k of new works
Largest: Proposed alterations to existing retail tenancy
2021πŸ› 
Works
1 building permit and 1 certificate Β· about $88k of new works
Largest: Tenancy 2 - Proposed Alterations to Existing Retail Tenancy Including Instiallation of a New External Blade Signage for a Proposed Bridal S
2017πŸ› 
Works
1 building permit Β· about $100k of new works
Largest: Lot 3 - Internal Operation to Fitout of Restaurant
2013πŸ› 
Works
1 certificate Β· about $100 of new works
Largest: replace fire alarm signalling equip at Fine Music
2012πŸ› 
Works
1 building permit Β· about $260 of new works
Largest: Proposed Removal of Code Red Unit & Install Tyco ASE Unit
2009πŸ”„
Use change
Council census records it as residential apartment, 7 floors
2006πŸ› 
Works
2 building permits Β· about $34k of new works
Largest: Alterations-Level 2 Unit 202
2005πŸ”„
Use change
Council census records it as residential apartment, 7 floors
Name recorded: EMERALD COMMERCIAL
2004πŸ”„
Use change
Council census records it as unoccupied - under renovation, 5 floors
2004πŸ› 
Works
1 building permit
Largest: Stage 1 =Renovation and extension -All works Stage 2 = Fire Services Only.
2003πŸ› 
Works
1 building permit Β· about $3.5m of new works
Largest: Renovation and extension -All works
2002πŸ“‹
First census
First council census entry: storage, 5 floors
1889πŸŽ‰
Milestone Β· Completed
Emerald Commercial completed: 7 floors
Derived from City of Melbourne building census (CLUE) 2024
1888πŸ—Ί
History
The site on Mahlstedt's fire insurance plans
See what stood here in 1888, further down this page.

Planning & heritage

Planning controls

ZoneCAPITAL CITY ZONE - SCHEDULE 1 (CCZ1)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO2Design and Development Overlay: limits on building height, setbacks and design
DDO2-A2Design and Development Overlay: limits on building height, setbacks and design
HO725Heritage Overlay: a permit is needed to demolish or change the outside of heritage places
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
PS510956
Lots on the plan
30
Owners corporation
Yes (common property)
Building permits on record
8
Estimated cost of works
About $3.8m
2003New 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

What stood here in 1888. Mahlstedt & Gee's fire insurance plans, sheet "Bourke Elizabeth Collins Queen". City of Melbourne (CC BY); originals at the State Library Victoria.

How it's been recorded over time

2002Storage Β· 5 floors
2004Unoccupied - Under Renovation Β· 5 floors
2005Residential Apartment Β· 7 floors Β· "EMERALD COMMERCIAL"
2009Residential Apartment Β· 7 floors

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

Community

What people say about Emerald Commercial in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Emerald Commercial? .

Resident & tenant reviews

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Frequently asked questions

Is Emerald Commercial residential or commercial?

Emerald Commercial mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Emerald Commercial built?

Emerald Commercial was completed in 1889.

How many floors does Emerald Commercial have?

Emerald Commercial has 7 floors above ground.

How many apartments are in Emerald Commercial?

Emerald Commercial has 12 homes. The national address file lists 29 unit addresses here, and some of those can be shops or offices.

What do apartments cost near Emerald Commercial?

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 Emerald Commercial?

The latest council census counted 12 businesses in Emerald Commercial, including Adam Dettrick Architects, Blanc Laser & Skin and Hopetoun Bakehouse.

Are there apartments for sale or rent in Emerald Commercial?

See the residential listings on this page, or use the shortcuts to search 18-22 Mckillop Street on realestate.com.au and Domain.

Is there office or retail space for lease in Emerald Commercial?

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

Who built Emerald Commercial?

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

How tall is Emerald Commercial?

About 29 metres, measured from the City of Melbourne's 3D building model. It's number 530 of 1596 buildings in Melbourne by height.

What public transport is near Emerald Commercial?

Town Hall Station is the nearest train station, about 6 minutes' walk. The nearest tram stop is Queen St/Bourke St #4, about 2 minutes' walk.

What is the planning zone for Emerald Commercial?

The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO725).

Does Emerald Commercial have an owners corporation?

Plan of subdivision PS510956 has 30 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Emerald Commercial recently?

The City of Melbourne has issued 8 building permits for Emerald Commercial since 2003. The most recent was in August 2022.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Emerald CommercialMixed useβ€”71889
ACA BuildingCommercial73 m131936
Elder HouseCommercial98 m161964

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), 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.

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