🏬 Mixed useResidential ApartmentCompleted 2021

Tower 1 (West)

244-262 Spencer Street, Melbourne VIC 3000

  • 81 floors
  • 663 homes
  • 9 businesses
  • 428 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buy—Unit median $545,000
Rent—1-bed median $560/wk
Lease space——

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

5 years standing

  1. 2021Completed
  2. TodayStill standing

1 building permit · 1 news storyFull timeline ↓

About Tower 1 (West)

Tower 1 (West) is a mixed-use building, mainly apartments, with 81 floors above ground and 663 homes, standing 270 m to its top. Developed by Far East Consortium and designed by Cottee Parker Architects, it was completed in 2021 and built by Probuild and Multiplex.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
2021
Height
270 m
Floors
81
Footprint
5,259 m²
Homes
663
Architect
Cottee Parker Architects
Builder
Multiplex
Businesses
9
Car spaces
428
Strata plan
PS746092 · 675 lots
Planning zone
CCZ1
Permits on record
1

Score cards

🚆 Transport9/10

Southern Cross Station 3 min walk · 7 tram stops within 400 m

☕ Everyday amenities6/10

73 cafés, 5 grocers, 2 medical within 250 m

🌳 Greenery5/10

34 street trees within 150 m · park 219 m away

✨ Activity8/10

15,387 people pass daily nearby · 30 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

Apartments

The council hasn't recorded a bedroom breakdown for Tower 1 (West).

🚗 379 residential car spaces recorded at this property, about 0.6 per home. Which apartments have a space isn't recorded, so check the listing.

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 Tower 1 (West).

🏗DeveloperFar East Consortium2012–2023verified2012-2023 · Bought the 1.2ha site from ISPT and developed West Side PlaceSource: The Urban Developer ↗
📐ArchitectCottee Parker ArchitectsverifiedDesigned West Side PlaceSource: Wikipedia ↗
👷BuilderProbuild2018–2022verified2018-2022 · Head contractor for stage one, which included Tower 1Source: Apartments.com.au ↗
👷BuilderMultiplex2022–2023verified2022-2023Source: The Urban Developer ↗
🧮Structural engineerWinward StructuresreportedListed as structural engineer in the project team for the 2013 schemeSource: Apartments.com.au ↗
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

🚆Southern Cross Station
Train station
3 min · 273 m
🚆Flagstaff Station
Train station
4 min · 317 m
🚋Lonsdale St/Spencer St #120
Tram stop
1 min · 86 m
🚋La Trobe St/Spencer St #119
Tram stop
2 min · 167 m
🚋Spencer St/La Trobe St #1
Tram stop
2 min · 169 m

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

Within a 3-minute walk

73☕ Cafés & eateries
5🛒 Grocers
0🏋️ Gyms
2🩺 Medical
3💊 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 · -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, © 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 Tower 1 (West)

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

Eggholic Sandwiches CBD

Takeaway Food Services

Eggholic Sweet

Cafes and Restaurants

Far East Consortium (Australia) Pty Ltd

Other Residential Building Construction

Kis Hair On Spencer

Hairdressing and Beauty Services

Merriment Coffee

Cafes and Restaurants

Pepper Lunch

Cafes and Restaurants

The Ritz-Carlton

Accommodation

Vasette Flowers

Flower Retailing

Xu Dumpling Cbd

Takeaway Food Services

Looking for space in Tower 1 (West)?

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 Tower 1 (West): listings, news, works, planning and history.

2023🛠
Works
1 certificate · about $113k of new works
Largest: Alterations to an Existing Building - RCH Florist Fitout
2021🎉
Milestone · Completed
Tower 1 (West) completed: 81 floors
Derived from City of Melbourne building census (CLUE) 2024
2021🛠
Works
1 building permit · about $120k of new works
Largest: Tower 2 - Tenancy 3 - Proposed Alterations to existing retail tenancy 3
2021📋
First census
First council census entry: residential apartment, 82 floors
10 May 2018📰
News
Construction ramps up on Stage 01 of West Side Place
Head contractor Probuild was ramping up construction on Stage 01, with two tower cranes going up and the first core being formed. The article said Stage 01 was scheduled for completion in 2022 and included the 81-storey Tower 1, which would house the Ritz-Carlton.

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
DDO12Design 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
PS746092
Lots on the plan
675
Owners corporation
Not recorded
Building permits on record
1
Estimated cost of works
About $233k
2021New 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

How it's been recorded over time

2021Residential Apartment · 82 floors · "Tower 1 (West)"

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

Community

What people say about Tower 1 (West) in public forums and groups, and reviews left here.

Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.

Resident & tenant reviews

No reviews of Tower 1 (West) yet. Be the first to tell future neighbours what it's like.

Reviews are checked before they're published. No one is named without permission.

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Frequently asked questions

Is Tower 1 (West) residential or commercial?

Tower 1 (West) mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Tower 1 (West) built?

Tower 1 (West) was completed in 2021.

How many floors does Tower 1 (West) have?

Tower 1 (West) has 81 floors above ground.

How many apartments are in Tower 1 (West)?

Tower 1 (West) has 663 homes. The national address file lists 695 unit addresses here, and some of those can be shops or offices.

Does Tower 1 (West) have parking?

The City of Melbourne records 379 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Tower 1 (West)?

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 Tower 1 (West)?

The latest council census counted 9 businesses in Tower 1 (West), including Eggholic Sandwiches CBD, Eggholic Sweet and Far East Consortium (Australia) Pty Ltd.

Are there apartments for sale or rent in Tower 1 (West)?

See the residential listings on this page, or use the shortcuts to search 244-262 Spencer Street on realestate.com.au and Domain.

Is there office or retail space for lease in Tower 1 (West)?

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

Who designed and built Tower 1 (West)?

Far East Consortium developed Tower 1 (West), Cottee Parker Architects designed it and Multiplex built it. The building team section has the sources.

What public transport is near Tower 1 (West)?

Southern Cross Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Lonsdale St/Spencer St #120, about 1 minute's walk.

What is the planning zone for Tower 1 (West)?

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

Does Tower 1 (West) have an owners corporation?

Plan of subdivision PS746092 has 675 lots.

Has any work been done on Tower 1 (West) recently?

The City of Melbourne has issued 1 building permit for Tower 1 (West) since 2021. The most recent was in June 2021.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Tower 1 (West)Mixed use—812021
Tower 2 (West)Residential0 m632021
Dockside TowerMixed use90 m262000
Mondriane TowerMixed use84 m262005
Melbourne OneMixed use87 m492015

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), 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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