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Telstra Centre

242-284 Exhibition Street, Melbourne VIC 3000
Generated 8 November 2026
Commercial · Office
193 mheight
47floors
1992completed
12businesses
119permits

Development milestones

Completed1992Telstra Centre completed: 47 floors

Building team

Architect
Perrott Lyon Mathieson
Owner
Telstra
Co-owner or investor
Investa Commercial Property Fund
Co-owner or investor
Oxford Properties
Owner
Charter Hall Prime Office Fund
Co-owner or investor
Public Sector Pension Investment Board (PSP Investments)
Co-owner or investor
Charter Hall
Sales agent
Cushman & Wakefield

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, HO633, PO1
Strata plan
TP117051 · 1 lots
Scores
🚆 8 · ☕ 7 · 🌳 8 · ✨ 8

Timeline

20263 building permits and 2 certificates · about $2.4m of new works
Largest: Internal Alterations to Offices - Levels 18, 19 & 22
20257 building permits and 5 certificates · about $6.8m of new works
Largest: Ground Floor Uplift - Stage two - Completion of internal works, excluding glazed balustrade
20244 building permits and 4 certificates · about $4.9m of new works
Largest: Levels 18-19 - Internal Office Fitout for The Victorian Building Authority
20221 certificate · about $2k of new works
Largest: ASE replacement
20212 building permits · about $495k of new works
Largest: Levels 24 and 27 - Refurbishment works. Internal demolition works to levels 12, 20 and 24, internal refurbishment to level 27 and 32.
20203 building permits and 2 certificates · about $1.5m of new works
Largest: Stage 2 - Internal demolition Works only to the level 1 theatre.
12 Jul 2019Charter Hall and PSP Investments buy Telstra tower for A$830 million
Charter Hall confirmed the purchase of the 47-storey Telstra tower at 242 Exhibition Street for A$830 million, through a wholesale partnership with PSP Investments and the Charter Hall Prime Office Fund. The sellers were Oxford Properties and Investa's unlisted fund, with Cushman & Wakefield brokering the sale. Telstra remained the 100 per cent tenant.
28 May 2019Investa weighs sale of stake in Telstra tower
Realcommercial reported that Investa was weighing up the sale of a stake in the $800 million Telstra tower at 242 Exhibition Street, with Charter Hall looking at buying into the building.
20193 building permits and 3 certificates · about $2.3m of new works
Largest: Stage 1 - Internal demolition Works only to the level 1 theatre.
20184 building permits and 4 certificates · about $1.7m of new works
Largest: Stage 5 - Construction of the end of trip facility to basement level 1 only
20178 building permits and 2 certificates · about $61.6m of new works
Largest: Stage 5 - Construction of the end of trip facility to basement level 1 only
25 Jul 2016Telstra extends lease at 242 Exhibition Street to 2031
Telstra agreed an extension of about 11 years and five months on its Melbourne headquarters at 242 Exhibition Street, starting when its current agreement ends, so that it stays until at least 2031. The article names the building's owners at the time as Investa Commercial Property Fund and Investa Office Fund.
20164 building permits and 4 certificates · about $6.1m of new works
Largest: Stage 5 - Fitout of Groud Floor shop 5
20155 building permits · about $809k of new works
Largest: Stage 2: Level 2 Fit Out
20147 building permits and 1 certificate · about $6.1m of new works
Largest: Level 2 - Fit Out
20134 building permits and 1 certificate · about $536k of new works
Largest: Chiller Works Level 1
20121 building permit · about $400k of new works
Largest: Ground Floor - Employee Lounge Refurbishment
2011Council census records it as office, 47 floors
Name recorded: Telstra Centre
20111 building permit and 1 certificate · about $8.5m of new works
Largest: Stage 3: - Office fitout - Level 1 - conference centre. All works excluding relocation of fire hydrant and fire hose reel
20105 building permits and 1 certificate · about $67.1m of new works
Largest: Stage 7: Internal stairs -
20095 building permits and 1 certificate · about $1.4m of new works
Largest: Replacement of Security & Access Control
2008Council census records it as office, 47 floors
Name recorded: TELSTRA CENTRE
20084 building permits · about $171k of new works
Largest: Installation of power plant display
20076 building permits and 1 certificate · about $2.4m of new works
Largest: Food court refurbishment works and amenities upgrade, Ground Floor (part). Stage 1: To completion of internal works.
20062 building permits and 1 certificate · about $15k of new works
Largest: Alterations to a building, office fitout partition and workstation layout alterations level 29 & 34.
20052 building permits · about $82k of new works
Largest: internal alterations to existing builing, level 13 office only
20045 building permits and 1 certificate · about $692k of new works
Largest: Alterations Level 2 North
20031 building permit and 1 certificate · about $250k of new works
Largest: Mechanical Services to All of Building
20024 building permits and 1 certificate · about $453k of new works
Largest: Internal Office Fitout - Level 1, 4, 10, 11, 15, 23, 25, 29, 36 & 39
2002First council census entry: office, 47 floors
20011 building permit and 1 certificate · about $2k of new works
Largest: Internal alterations to a building.
20004 building permits · about $1.2m of new works
Largest: alts to existing offices
19992 building permits and 1 certificate · about $446k of new works
Largest: LEVEL 1, 2, 4, 6, 12, 13, 15, 19-26, 30, 37 proposed alterations to office
19983 building permits and 2 certificates · about $447k of new works
Largest: Chiller plant room extension
19973 building permits · about $437k of new works
Largest: office fitout works to levels 1, south 2,4,5,7,8,11,15,18,23,26,27,28,34,35,39
19964 building permits and 2 certificates · about $288k of new works
Largest: Fitout to Levels 1, 3, 4, 5, 6, 8, 29, 31, 35, 37 & 38
19951 building permit and 1 certificate · about $174k of new works
Largest: Alterations to Level 1 (south) Level 2 (south) Level 5 (east west south) Level 32 (south west east) -of existing building
19942 building permits · about $57k of new works
Largest: Fitout to Shop 12 in the Food Court
1992Telstra Centre completed: 47 floors
Derived from Wikipedia

Building permits and certificates (154)

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.

04 June 2026Tenancy Alterations on Level 28$470k
11 May 2026Internal Alterations to Offices - Levels 18, 19 & 22$1.0m
23 Apr 2026Internal cladding removal and replacement$687k
27 Jan 2026Additions of EV charging stations to an existing car park$181k
27 Jan 2026Level 9 - Internal Alterations$61k
27 Oct 2025Level 2, Installation of speed stiles$364k
12 Sept 2025Part Levels 5 & 7 - Alteration Office fit out$110k
15 Aug 2025Ground Floor Uplift - Stage two - Completion of internal works, excluding glazed balustrade$3.4m
09 July 2025Ground Floor Uplift - Stage one - completion of internal demolition works only$3.4m
09 July 2025Stage 3 - To completion of proposed works only$3.4m
13 May 2025Levels 21-22 - Internal Alterations for blueAPACHE$82k
08 May 2025Levels 29 and 30 - Tenancy alterations$1.0m
05 May 2025Levels 15 & 16 - Internal Office Alterations for Australian Venue Co$636k
17 Apr 2025Level 20 - Internal Office Fitout for The Victorian Building Authority$986k
17 Mar 2025Levels 15 & 16 - Internal Office Alterations for Australian Venue Co$636k
21 Jan 2025Level 10 - Internal Office Alterations for Telstra$177k
14 Jan 2025Level 8 - Internal Office Alterations$432k
18 Dec 2024Basement 1 - Structural Works - New Grease Trap Only$60k
22 Nov 2024Level 17 - Internal Office Fitout$1.2m
07 Nov 2024Level 8 - Internal Office Alterations$432k
05 Sept 2024Installation of speed stiles on ground and basement levels$651k
14 Aug 2024Kentaro Omakase Melbourne - Proposed alterations to existing retail Shop 6$229k
31 July 2024Level 36 - PROPOSED ALTERATIONS TO EXISTING TENANCY$127k
12 July 2024Levels 18-19 - Internal Office Fitout for The Victorian Building Authority$1.5m
13 Feb 2024Level 13 - Internal office alterations for telstra health$665k
12 Apr 2022ASE replacement$2k
13 Aug 2021Stage 0: Minor fit-out alterations to Level 37 GMD Office$45k
11 May 2021Levels 24 and 27 - Refurbishment works. Internal demolition works to levels 12, 20 and 24, internal refurbishment to level 27 and 32.$450k
17 Dec 2020Basement B1, B2 - Construction of an end of trip facility$125k
17 Dec 2020FIP replacement. Installation of VESDA system.$17k
02 Oct 2020Level 1 CIC Refurbishment$500k
31 July 2020Stage 2 - Internal demolition Works only to the level 1 theatre.$1.5m
21 May 2020Level 32 Densification (East)$0
26 Nov 2019Level 32 - Office Fitout$125k
30 Oct 2019Level 40-42, 242 Exhibition Street Telstra HQ Lighting Upgrade$125k
05 Aug 2019Stage 2 - Fit out$1
03 June 2019L1 CIC, iSOC and tSOC - Minor alterations to level 1$500
31 May 2019Level 1 Hive Project$500k
14 May 2019Stage 1 - Internal demolition Works only to the level 1 theatre.$1.5m
23 Oct 2018Level 1 - TSOC/ISOC -$1.0m
15 Oct 2018Minor alterations to level 43$54k
25 Sept 2018Level 1 CIC - Installation of new stair and handrails connecting the split floor$10k
24 Aug 2018Level 26- Fitout$570k
08 Aug 2018Level 2 - Proposed 3D Print Room - Office Fit-Out$14k
05 June 2018Stage 5 - Construction of the end of trip facility to basement level 1 only$58.3m
22 May 2018Stage 2 - Internal fit-outworks to levels 12, 18, 19, 23 & 24 excluding toilet facility works.$30.0m
25 Apr 2018Lot 1-4 - Installation of a door in an internal wall$17k
20 Dec 2017Stage 5 - Construction of the end of trip facility to basement level 1 only$58.3m
15 Sept 2017Stage 3 - Internal demolition works to the office areas only excluding the building core.$30.0m
03 July 2017Stage 2 - Level 1 - Internal office alterations$290k
20 June 2017Level 1 - Internal demolition works$20k
29 May 2017Stage 3 - Level 1 - Telstra Sydney & Melbourne - Security Operations Centre - Relocation of fire hydrant and hose reel to completion of the fit out$2.2m
28 Apr 2017Stage 4 - Construction of the Accessible and ambulant sanitary facilities$30.0m
24 Apr 2017Stage 2 - Level 1 - Telstra Sydney & Melbourne - Security Operations Centre - Fit-out alterations excluding relocation of the fire hydrant and hose reel$2.2m
11 Apr 2017Stage 1 - Level 1 - Telstra Sydney & Melbourne - Security Operations Centre$100k
29 Mar 2017Levels 3-39 - Internal office fit-out and end of trip facilities$30.0m
08 Jan 2017Level 21 - Refurbishment of Offices$765k
14 Dec 2016Levels 20, 23 & 24 - Fit Out Internal Demolition Works to Levels 15, 20, 23 & 24 Only$65k
14 Dec 2016Stage 4 - Internal fit-outworks and alterations to levels 10 & 31 only excluding construction of the accessible sanitary compartments$6.1m
14 Oct 2016Stage 5 - Fitout of Groud Floor shop 5$6.1m
09 Sept 2016Stage 3 -Internal fit-out works to levels 20 & 24 only excluding construction of the Accessible sanitary compartments and adjacent sliding doors$3.9m
01 Sept 2016Stage 2 - Fit-out works to level 15 only excluding construction of the accessible sanitary compartment and adjacent$1.1m
30 June 2016Levels 20, 23 & 24 - Fit Out Internal Demolition Works to Levels 15, 20, 23 & 24 Only$65k
21 Apr 2016Level 26 - Internal alteration to create a storeroom - As per plans$30k
17 Feb 2016Level 25 - alterations$51k
11 Nov 2015Internal Non Structural Alterations to the Existing Shop (6b)$100k
22 Sept 2015Stage 1: Level 40 - Office fit-out$625k
03 Mar 2015Level 36 - Alterations to Existing Tenancy$44k
17 Feb 2015Stage 2: Level 2 Fit Out$5.0m
21 Jan 2015Alterations to existing mechanical system to Cafe Cavallino$40k
17 Dec 2014Level 22 - Fit Out$85k
09 Dec 2014Level 2 - Fit Out$5.0m
03 Dec 2014Level 22 & 25, Minor fit out.$443k
07 Nov 2014Stage 2 Internal Alterations - Level 32 Internal Strip Out Only$392k
05 Nov 2014Level 32 Internal Strip Out Only$11k
12 Sept 2014Level 22 & 25, Minor fit out.$196k
05 June 2014Alterations Shop 9 A$34k
15 Apr 2014Installation of Door Level 1$18k
26 July 2013Minor office alterations Level 10$20k
17 June 2013Chiller Works Level 1$235k
01 Mar 2013Chiller Works Level 1$235k
15 Feb 2013Internal Alterations to Level 1$67k
15 Jan 2013Ground Fioor Fitout$214k
17 May 2012Ground Floor - Employee Lounge Refurbishment$400k
15 Feb 2011Stage 3: - Office fitout - Level 1 - conference centre. All works excluding relocation of fire hydrant and fire hose reel$8.5m
12 Jan 2011Stage 2: Bicycle Parking and Change Room - Basement$1.3m
17 Dec 2010Stage 7: Internal stairs -$55.4m
30 July 2010Bicycle Parking and Change Room - Basement$750k
21 July 2010Fitout/Refurbishment works Levels 40,41 & 43$4.5m
06 July 2010Stage 5: Ground and Level 14 demolition, architectural fitout and building services$55.4m
15 June 2010Ground floor works - Reception/retail/cafe space. Ground floor Stage 2 - Works$5.8m
04 June 2010Shop fitout - Sweet Bites$65k
21 Nov 2009Proposed tenancy fitout of Cafe - Tower Sushi - Shop 2a$70k
14 Aug 2009Alterations to Boardroom Level 42$300k
15 May 2009Office fitout for Telstra on level 34$275k
16 Mar 2009Alteration to a building$69k
29 Jan 2009Replacement of Security & Access Control$607k
15 Jan 2009Minor Internal alterations - Telstra Level 9, 242 Exhibition Street$30k
03 Dec 2008Minor Internal Alterations Level 39$50k
26 Aug 2008Closure of Door to Little Lonsdale Street. Door Alterations to Ground Floor Food Court and Bar (Shop 1).$7k
01 Aug 2008Office fitout on level 32$17k
02 June 2008Installation of power plant display$97k
23 Nov 2007Fitout Shop 10 Ground Floor$60k
14 Nov 2007Telstra office fitout to Level 26.$59k
20 Sept 2007Food court refurbishment works and amenities upgrade, Ground Floor (part). Stage 1: To completion of internal works.$1.8m
06 Sept 2007Office fitout Level 30$140k
16 Aug 2007Alterations to a building, boardroom upgrade on Level 42.$231k
28 June 2007Office fitout Level 23 Room 23.37 & 23.38$59k
16 Apr 2007Alterations to an existing building, office Level 39 only.$80k
14 June 2006Alterations to a building, office fitout partition and workstation layout alterations level 29 & 34.$100k
08 May 2006Variation: Alterations to exit room furniture. Alterations to an existing offices building (lot 1 & 2).$0
31 Mar 2006Internal alterations to offices (lot 1 & 2)$15k
22 July 2005Level 34$38k
05 July 2005internal alterations to existing builing, level 13 office only$45k
04 Nov 2004Office partition fitout to tenancy 8 on ground floor.$200k
01 July 2004Alteration part Level 3$22k
30 June 2004Internal alterations to Part Level 23$59k
29 June 2004Alterations Level 2 North$400k
23 Apr 2004Internal alterations to existing pub$100k
10 Mar 2004Internal alterations Level 4$11k
07 Apr 2003Stage 3: Construction of new sprial stair. Office fitout, level 42 - Total cost of works $1,3000,000.00$40k
03 Apr 2003Mechanical Services to All of Building$250k
20 Dec 2002Alterations to an existing office buitding and fitout to level 25$100k
26 Sept 2002Stage 2: Internal fitout to Level 42, excluding new spiral stair. Office fitout.- Total cost of works $1,3000,000.00$150k
06 Aug 2002Level 42 - Office Alterations for Conference Area - Stage 1 - Demolition of Internal partitions - Total cost of works $1,3000,000.00$150k
16 July 2002Level 4 & 40 - Internal Alterations to services and re-positioning of desks$30k
29 May 2002Internal Office Fitout - Level 1, 4, 10, 11, 15, 23, 25, 29, 36 & 39$173k
27 July 2001Internal alterations to a building.$2k
08 Mar 2001Installation of alarm signalling equipment$190
22 Dec 2000level 2 minor internal alts at Coopers Inn$2k
10 Aug 2000alts to existing offices$865k
06 Apr 2000fitout for part of ground floor$80k
11 Jan 2000Alterations to office levels 1 3 and 4$302k
13 Sept 1999LEVEL 1, 2, 4, 6, 12, 13, 15, 19-26, 30, 37 proposed alterations to office$251k
26 May 1999Partition alterations to levels 4, 5, 10, 11, 13, 14N, 24, 28, 28, 34, 37 and 38$85k
23 Apr 1999Shopworks$110k
26 Oct 1998Removal of fire hydrant lay flat fire hoses, 242 Exhibition Street, Melbourne$300
12 Aug 1998Proposed alterations to existing battery room, 242 Exhibition Street, Melbourne$8k
24 July 1998Alterations to offices on levels 4, 5, 8, 9, 13, 18, 21, 25, 31, 32, 36 & 37, 242 Exhibition Street, Melbourne$146k
16 June 1998Chiller plant room extension$292k
04 Feb 1998office fitout works$249k
08 Dec 1997office fitout works to levels 1, south 2,4,5,7,8,11,15,18,23,26,27,28,34,35,39$249k
26 Nov 1997Office fitout to various floors$185k
22 Oct 1997Alterations to an existing hotel$3k
06 Dec 1996Lot 10a & 10b - Office/shop fitout - for office video conference room / shop travel agent$25k
25 Oct 1996Unit 8 - Alteration to office$7k
13 Aug 1996Shop fitout - Shop 10A$25k
19 July 1996Internal ramps to ground level$48k
05 Mar 1996Fitout to Levels 1, 3, 4, 5, 6, 8, 29, 31, 35, 37 & 38$113k
09 Feb 1996Shop 10 (a&b) fitout - Ground Floor Telstra$95k
08 Feb 1995Office fitout Levels 2, 8, 16, 22, 30 & 38$61k
18 Jan 1995Alterations to Level 1 (south) Level 2 (south) Level 5 (east west south) Level 32 (south west east) -of existing building$114k
26 Sept 1994Partition alterations to office - Room 40.15 (Level 40) and Level 42 AV Room$17k
21 Sept 1994Fitout to Shop 12 in the Food Court$40k

Questions and answers

Is Telstra Centre residential or commercial?
Telstra Centre is a commercial building. The City of Melbourne lists its main use as office.

When was Telstra Centre built?
Telstra Centre was completed in 1992.

How many floors does Telstra Centre have?
Telstra Centre has 47 floors above ground.

What businesses are in Telstra Centre?
The latest council census counted 12 businesses in Telstra Centre, including 242 Coffee Hub, Barista Cafe and Bros Sushi.

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

Who designed and built Telstra Centre?
Perrott Lyon Mathieson designed Telstra Centre. The building team section has the sources.

How tall is Telstra Centre?
About 193 metres, measured from the City of Melbourne's 3D building model. It's number 52 of 1596 buildings in Melbourne by height.

What public transport is near Telstra Centre?
Parliament Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is Victoria St/La Trobe St #9, about 2 minutes' walk.

What is the planning zone for Telstra Centre?
The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO633).

Does Telstra Centre have an owners corporation?
Plan of subdivision TP117051 has 1 lot.

Has Telstra extended its lease at the building?
In July 2016, Telstra extended its lease at 242 Exhibition Street to 2031.

Has any work been done on Telstra Centre recently?
The City of Melbourne has issued 119 building permits for Telstra Centre since 1994. The most recent was in April 2026.

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)). General information from public records, not legal, financial or building advice.

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