🏠 ResidentialResidential ApartmentCompleted 2012

ZEN Tower

23-39 Therry Street, Melbourne VIC 3000

  • 171 m tall Β· #35 in Melbourne
  • 49 floors
  • 427 homes
  • 157 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.

14 years standing

  1. 2012Completed
  2. TodayStill standing

5 building permitsFull timeline ↓

About ZEN Tower

ZEN Tower is a 49-storey apartment tower on Therry Street in Melbourne, with 427 homes and a roof height of 170 m. Developed by PDG Corporation and built by L.U. Simon Builders, it was completed in 2012.

At a glance

Key facts

Building type
🏠 Residential
Completed
2012
Height
168 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the top
170 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the roof
#35 of 1596 in Melbourne
Floors
49
Footprint
1,787 mΒ²
Homes
427
Architect
Cox Architecture Unconfirmed We don't have data to 100% confirm this data point as yet.
Builder
L.U. Simon Builders
Car spaces
157
Strata plan
PS608829 Β· 614 lots
Planning zone
CCZ1
Permits on record
5

Score cards

πŸš† Transport9/10

State Library Station 3 min walk Β· 8 tram stops within 400 m

β˜• Everyday amenities7/10

62 cafΓ©s, 10 grocers, 2 medical within 250 m

🌳 Greenery7/10

97 street trees within 150 m Β· park 308 m away

✨ Activity8/10

12,417 people pass daily nearby Β· 33 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 bed6816% of 427
2 bed30772% of 427
3+ bed5212% of 427

πŸš— The council hasn't recorded residential parking here, which doesn't mean there isn't any.

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 ZEN Tower.

πŸ“ArchitectUrban Design ArchitectsreportedDesign architect per CTBUH databaseSource: CTBUH Skyscraper Center β†—
πŸ‘·BuilderL.U. Simon BuildersverifiedMain contractor per CTBUH databaseSource: CTBUH Skyscraper Center β†—
πŸ—DeveloperPDG CorporationverifiedDeveloper per CTBUH databaseSource: CTBUH Skyscraper Center β†—
πŸ“ArchitectCox ArchitecturereportedArchitect of record per CTBUH databaseSource: CTBUH Skyscraper Center β†—
πŸ“‹Leasing agentProperty Managers MelbreportedCurrent Β· Property manager for leased apartments in the buildingSource: Property Managers Melb β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†State Library Station
Train station
3 min Β· 223 m
πŸš†State Library Railway Station
Train station
4 min Β· 326 m
πŸš‹Queen Victoria Market/Elizabeth St #7
Tram stop
1 min Β· 113 m
πŸš‹RMIT University/Swanston St #7
Tram stop
2 min Β· 185 m
πŸš‹Queensberry St/Swanston St #4
Tram stop
3 min Β· 248 m

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

Within a 3-minute walk

62β˜• CafΓ©s & eateries
10πŸ›’ Grocers
4πŸ‹οΈ Gyms
2🩺 Medical
3πŸ’Š Pharmacies
0🧸 Childcare
6🍷 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 ZEN Tower: listings, news, works, planning and history.

2018πŸ› 
Works
1 building permit Β· about $11k of new works
Largest: Installation of new wall
2017πŸ”„
Use change
Council census records it as residential apartment, 49 floors
Name recorded: ZEN Tower
2017πŸ› 
Works
1 building permit Β· about $25k of new works
Largest: Zen Appartments - Modifications to Fire Services only
2015πŸ› 
Works
2 building permits Β· about $17k of new works
Largest: Level 4 - Rectification of verandah and decking to existing roof top all parts
2013πŸ”„
Use change
Council census records it as residential apartment, 49 floors
Name recorded: ZEN TOWER
2013πŸ› 
Works
1 building permit Β· about $3k of new works
Largest: Alterations - Zen Apartments - Fire Evac System Changeover
2012πŸŽ‰
Milestone Β· Completed
ZEN Tower completed: 49 floors
Derived from City of Melbourne building census (CLUE) 2024
2011πŸ“‹
First census
First council census entry: unoccupied - under construction, 1 floors

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
SBO3Special Building Overlay: mapped as at risk of overland stormwater flooding

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
PS608829
Lots on the plan
614
Owners corporation
Yes (common property)
Building permits on record
5
Estimated cost of works
About $56k
2013New works by year (estimated)2018

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

2011Unoccupied - Under Construction Β· 1 floors Β· "ZEN TOWER"
2013Residential Apartment Β· 49 floors Β· "ZEN TOWER"
2017Residential Apartment Β· 49 floors Β· "ZEN Tower"

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

Community

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

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

Resident reviews

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Frequently asked questions

Is ZEN Tower residential or commercial?

ZEN Tower is a residential building. The City of Melbourne lists its main use as residential apartment.

When was ZEN Tower built?

ZEN Tower was completed in 2012.

How many floors does ZEN Tower have?

ZEN Tower has 49 floors above ground.

How many apartments are in ZEN Tower?

ZEN Tower has 427 homes. The national address file lists 458 unit addresses here, and some of those can be shops or offices.

What size apartments are in ZEN Tower?

The City of Melbourne's development record lists 68 1 bed, 307 2 bed and 52 3+ bed apartments. The built numbers may differ a little.

What do apartments cost near ZEN 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.

Are there apartments for sale or rent in ZEN Tower?

See the residential listings on this page, or use the shortcuts to search 23-39 Therry Street on realestate.com.au and Domain.

Who designed and built ZEN Tower?

PDG Corporation developed ZEN Tower, Cox Architecture designed it and L.U. Simon Builders built it. The building team section has the sources.

How tall is ZEN Tower?

About 170 metres, measured from the City of Melbourne's 3D building model. It's number 35 of 1596 buildings in Melbourne by height.

What public transport is near ZEN Tower?

State Library Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Queen Victoria Market/Elizabeth St #7, about 1 minute's walk.

What is the planning zone for ZEN Tower?

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

Does ZEN Tower have an owners corporation?

Plan of subdivision PS608829 has 614 lots and common property, which means it is managed by an owners corporation.

Has any work been done on ZEN Tower recently?

The City of Melbourne has issued 5 building permits for ZEN Tower since 2013. The most recent was in April 2018.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
ZEN TowerResidentialβ€”492012
58-64 Franklin StreetCommercial41 m131991
Vision ApartmentsMixed use61 m702016

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.

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