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 to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $545,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $560/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
5 years standing
- 2021Completed
- 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
Southern Cross Station 3 min walk · 7 tram stops within 400 m
73 cafés, 5 grocers, 2 medical within 250 m
34 street trees within 150 m · park 219 m away
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).
Location & neighbourhood
Getting around
Train station3 min · 273 m
Train station4 min · 317 m
Tram stop1 min · 86 m
Tram stop2 min · 167 m
Tram stop2 min · 169 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
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
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New 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
Eggholic Sweet
Far East Consortium (Australia) Pty Ltd
Kis Hair On Spencer
Merriment Coffee
Pepper Lunch
The Ritz-Carlton
Vasette Flowers
Xu Dumpling Cbd
Looking for space in Tower 1 (West)?
Timeline
Everything that has happened at Tower 1 (West): listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designDDO12Design and Development Overlay: limits on building height, setbacks and designPO1Parking Overlay: controls on how much car parking new development can provideVicmap 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
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
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.
CBD - West > West Side Place - 250 Spencer St > 269m / 81L, 209m / 65L / mixed / completed & 239m / 72L, 230m / 70L / mixed / u.c
Enthusiast thread following the West Side Place project's towers, including the 269m tallest tower, from proposal through construction.
MELBOURNE (West Side Place 269m/81 fl, 239m/72 fl, 230m/70 fl, 206m/65 fl, u/c)
Enthusiast thread on the West Side Place towers under construction, listing the height and floor count of each.
West Side Place, Melbourne.. - Investing - Whirlpool Forums
Investment-focused forum thread on the West Side Place development, describing the planned apartments and Ritz-Carlton hotel on the former The Age site.
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.
Rate and review Tower 1 (West)
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
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| Tower 1 (West) | Mixed use | — | 81 | 2021 |
| Tower 2 (West) | Residential | 0 m | 63 | 2021 |
| Dockside Tower | Mixed use | 90 m | 26 | 2000 |
| Mondriane Tower | Mixed use | 84 m | 26 | 2005 |
| Melbourne One | Mixed use | 87 m | 49 | 2015 |
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.
