🏢 CommercialOfficeCompleted 2008

CGU Tower

181 William Street, Melbourne VIC 3000

  • 122 m tall · #89 in Melbourne
  • 27 floors
  • 21 businesses
  • 450 car spaces

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18 years standing

Built in 2 yrs

  1. Jan 2006Construction started
  2. 2008Completed
  3. TodayStill standing

88 building permits · 3 news storiesFull timeline ↓

About CGU Tower

CGU Tower at 181 William Street is an office tower with 27 floors above ground, standing 123 m to the top. Designed by Bates Smart and built by Brookfield Multiplex, it was completed in 2008, after construction began in 2006.

At a glance

Key facts

Building type
🏢 Commercial
Completed
2008
Construction started
2006 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
123 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#89 of 1596 in Melbourne
Floors
27
Footprint
3,247 m²
Architect
Bates Smart
Builder
Brookfield Multiplex
Businesses
21
Car spaces
450
Strata plan
PS617351 · 1 lots
Planning zone
CCZ1
Permits on record
88

Score cards

🚆 Transport8/10

Flagstaff Station 5 min walk · 7 tram stops within 400 m

☕ Everyday amenities7/10

115 cafés, 2 grocers, 13 medical within 250 m

🌳 Greenery8/10

83 street trees within 150 m · park 163 m away

✨ Activity8/10

7,085 people pass daily nearby · 39 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 CGU Tower.

🏦OwnerCbus Property2006–2014verified2006-2014 · Owner during constructionSource: Skyscraper Center ↗
📐ArchitectBates Smart2006–2008verified2006-2008 · Design architectSource: Skyscraper Center ↗
📐ArchitectSJB Architects2006–2008reported2006-2008 · Co-architectSource: Cbus Property ↗
📐ArchitectNH Architecture2006–2008reported2006-2008 · Co-architectSource: Cbus Property ↗
👷BuilderBrookfield Multiplex2006–2008verified2006-2008 · Main contractorSource: Cbus Property ↗
🧮Structural engineerWinward Structures2006–2008reported2006-2008 · Structural design engineerSource: Skyscraper Center ↗
⚙️Services engineerNorman Disney & Young2006–2008verified2006-2008 · MEP design engineer and lighting consultantSource: Skyscraper Center ↗
📋Project managerProject Planning and Management2006–2008reported2006-2008Source: Skyscraper Center ↗
📐ArchitectBVN2019–2022reportedRefurbishment · 2019-2022 · Ground-floor lobby refurbishmentSource: BVN ↗
👷BuilderBuildcorp2022reportedRefurbishment · 2022 · Lobby and base-build works for GPTSource: Buildcorp ↗
📋Project managerCBREreportedRefurbishment · Project manager for the Buildcorp worksSource: Buildcorp ↗
🧾Quantity surveyorSlatteryreportedRefurbishment · Quantity surveyor for the Buildcorp worksSource: Buildcorp ↗
🛋Interior designerCitizen Group2019–2022reportedRefurbishment · 2019-2022 · Wayfinding and signage design for the lobbySource: Citizen Group ↗
🛋Interior designerGuymer Bailey2022reportedRefurbishment · 2022 · Fit-out design for Court Services Victoria tenancySource: Guymer Bailey ↗
🏦OwnerGPT Group2014–presentverifiedCurrent · 2014-present · 50% owner of CBWSource: Cbus Property ↗
🏦Co-owner or investorGPT Wholesale Office Fund2014–presentverifiedCurrent · 2014-present · 50% owner of CBW with GPT GroupSource: GPT Group ↗
🏷Sales agentCushman & Wakefield2026reportedCurrent · 2026 · Marketing CBW Melbourne for sale via international expressions of interestSource: Cushman & Wakefield ↗
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

🚆Flagstaff Station
Train station
5 min · 394 m
🚆Flagstaff Railway Station
Train station
5 min · 400 m
🚋Bourke St/William St #5
Tram stop
1 min · 50 m
🚋William St/Bourke St #3
Tram stop
1 min · 62 m
🚋Queen St/Bourke St #4
Tram stop
3 min · 214 m

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

Within a 3-minute walk

115☕ Cafés & eateries
2🛒 Grocers
3🏋️ Gyms
13🩺 Medical
3💊 Pharmacies
0🧸 Childcare
8🍷 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 CGU Tower

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

Abacus CBD

Cafes and Restaurants

Amie Bakery

Takeaway Food Services

AUSTRALIAN GAS INFRASTRUCTURE HOLDINGS PTY LIMITED

Petroleum Exploration

Baker McKenzie

Legal Services

Bluescope Steel Limited

Iron and Steel Forging

CBW Express

Supermarket and Grocery Stores

CGU Insurance Limited

General Insurance

Colin Biggers & Paisley

Legal Services

Commonwealth DIRECTOR OF PUBLIC PROSECUTIONS

Central Government Administration

Looking for space in CGU Tower?

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 CGU Tower: listings, news, works, planning and history.

2026🛠
Works
3 building permits and 1 certificate · about $1.6m of new works
Largest: Demolition of Level 7 and 8 fitouts back to cold shell layout
17 Apr 2025📰
News
Engineers Australia and Flybuys sign leases at 181 William Street
Real Estate Source reported that GPT had secured Engineers Australia, taking the 26th floor of 181 William Street, and Flybuys, which leased 1,041 sqm on level nine, as tenants of the CBW complex.
2025🛠
Works
3 building permits and 2 certificates · about $5.4m of new works
Largest: Tenancy alterations Level 21
2024🛠
Works
5 building permits and 2 certificates · about $21.8m of new works
Largest: Stage 4 - Balance of Works
2023🛠
Works
3 building permits and 7 certificates · about $8.7m of new works
Largest: Level 23 - Office fit-out
2022🛠
Works
3 building permits and 6 certificates · about $29.9m of new works
Largest: Stage 2 – Remainder of Works Excluding Fire Services
2021🛠
Works
3 building permits and 1 certificate · about $1.8m of new works
Largest: Level 25 - Internal Alterations to Level 25 and Refurbishment Lobby and Amenities
2020🛠
Works
1 building permit and 1 certificate · about $6.9m of new works
Largest: Stage 1 - Proposed alterations to basement 1 and ground floor lobby.
2019🛠
Works
2 building permits and 3 certificates · about $4.1m of new works
Largest: Stage Two Building Permit – To Permit Fire Services Relating to Fire Engineering Report, Automatic Smoke Detection, Sprinklers, Fire Hydrant
2017🛠
Works
1 building permit and 2 certificates · about $229k of new works
Largest: Level 24 - Alterations to existing office tenancy
2016🛠
Works
2 building permits and 2 certificates · about $289k of new works
Largest: Tenancy fitout for CBW Express Convenience Store
2015🛠
Works
4 building permits · about $44k of new works
Largest: Level 1 & 2 Office Fit Out
4 Sep 2014📰
News
GPT Group and GPT Wholesale Office Fund buy CBW from Cbus Property for $608.1 million
GPT Group, together with its GPT Wholesale Office Fund, bought the CBW complex from Cbus Property for $608.1 million, each taking a 50 per cent interest. GPT said it would fund its part of the purchase with debt.
Covered by 2 outlets
2014🛠
Works
6 building permits and 2 certificates · about $3.4m of new works
Largest: Level 1 & 2 Office Fit Out
2013🛠
Works
1 certificate · about $1.0m of new works
Largest: Level 20 Office Fitout
2012🛠
Works
2 certificates · about $247k of new works
Largest: CGU Internal Signage
2011🛠
Works
1 building permit and 1 certificate · about $103k of new works
Largest: Shop fitout Tenancy TG19 (Cubec Store)
2010🔄
Use change
Council census records it as office, 28 floors
Name recorded: CGU Tower
2010🛠
Works
5 building permits and 2 certificates · about $431k of new works
Largest: Proposed partition fitout - Room TM06
2009🛠
Works
9 building permits and 8 certificates · about $9.3m of new works
Largest: Alterations to a building, Office fitout works level 17, 18 & 19.
2008🎉
Milestone · Completed
CGU Tower completed: 27 floors
Derived from Cbus Property
Apr 2008🔑
Milestone · First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2008🛠
Works
21 building permits and 4 certificates · about $1.3m of new works
Largest: Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 22: 550 Bour Street: Levet 1 Modif
2008📋
First census
First council census entry: unoccupied - under construction, 28 floors
2007🛠
Works
4 building permits · about $12.1m of new works
Largest: Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 14: 550 ground floor slabs and bea
Jan 2006🏗
Milestone · Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2006🛠
Works
7 building permits and 1 certificate · about $242.6m of new works
Largest: Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 6: Structure, levels 4 to 26 (incl
4 Oct 2005📰
News
IAG to take space in planned 27-storey CBW tower at Bourke and William streets
Insurance News reported that the insurer IAG would occupy about 27,000 sqm of a 43,000 sqm, 27-storey building at the Grand Central development on the corner of Bourke and William streets. The article said the building would eventually be named CGU Tower and was expected to be completed by the end of 2008.
2005🛠
Works
1 building permit · about $240k of new works
Largest: Level 22, 535 Bourke St, office partition fitout to existing tenancy on level 22.
2004🛠
Works
1 building permit · about $10k of new works
Largest: Alterations to Carpark Level
2000🛠
Works
2 building permits · about $190 of new works
Largest: proposed installation of alarm signalling equipment
1998🛠
Works
1 building permit · about $500 of new works
Largest: Removal of fire hydrant
1997🛠
Works
1 certificate · about $3k of new works
Largest: Sign

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, © 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
PS617351
Lots on the plan
1
Owners corporation
Not recorded
Building permits on record
88
Estimated cost of works
About $351.4m
1997New 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

2008Unoccupied - Under Construction · 28 floors · "181 WILLIAM STREET - CBW Stage 1"
2010Office · 28 floors · "CGU Tower"

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

Community

What people say about CGU Tower in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about CGU Tower? .

Tenant reviews

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Frequently asked questions

Is CGU Tower residential or commercial?

CGU Tower is a commercial building. The City of Melbourne lists its main use as office.

When was CGU Tower built?

CGU Tower was completed in 2008.

How many floors does CGU Tower have?

CGU Tower has 27 floors above ground.

What businesses are in CGU Tower?

The latest council census counted 21 businesses in CGU Tower, including Abacus CBD, Amie Bakery and AUSTRALIAN GAS INFRASTRUCTURE HOLDINGS PTY LIMITED.

Is there office or retail space for lease in CGU Tower?

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

Who designed and built CGU Tower?

NH Architecture designed CGU Tower and Brookfield Multiplex built it. The building team section has the sources.

How tall is CGU Tower?

About 122 metres, measured from the City of Melbourne's 3D building model. It's number 89 of 1596 buildings in Melbourne by height.

What public transport is near CGU Tower?

Flagstaff Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Bourke St/William St #5, about 1 minute's walk.

What is the planning zone for CGU Tower?

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

Does CGU Tower have an owners corporation?

Plan of subdivision PS617351 has 1 lot.

How much did CGU Tower sell for?

In 2014, GPT Group and GPT Wholesale Office Fund bought the CBW complex from Cbus Property for $608.1 million.

Has any work been done on CGU Tower recently?

The City of Melbourne has issued 88 building permits for CGU Tower since 1998. The most recent was in May 2026.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
CGU TowerCommercial—272008
550 Bourke StreetCommercial0 m212009
570 BourkeCommercial60 m331972
The WilliamMixed use82 m251966
Douglas Menzies ChambersCommercial86 m131973
Quest on WilliamHotel86 m161967
Owen Dixon Chambers EastCommercial118 m141961

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 © Google Maps.

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