πŸ› OtherUnoccupied - Under ConstructionπŸ› Heritage overlay

256-260 King Street

256-260 King Street, Melbourne VIC 3000

  • 21 floors

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Under construction

  1. 2019Planning application
  2. TodayIn progress

6 news storiesFull timeline ↓

About 256-260 King Street

256-260 King Street is a 21-storey building in Melbourne that is under construction and not yet finished, standing 80 m to the top. Developer Hickory bought the former Goldfingers block in 2021 and won council approval in 2022 for a $110 million, 21-storey office tower, with Cox Architecture as architect and Fender Katsalidis as current architect. Hickory has since sought to convert the approved tower to a 48-storey residential building.

At a glance

Key facts

Building type
πŸ› Other
Completed
β€”
Height
80 m
Floors
21
Footprint
1,245 mΒ²
Architect
COX Architecture
Car spaces
β€”
Strata plan
TP117297 Β· 1 lots
Planning zone
CCZ1
Permits on record
0

Score cards

πŸš† Transport9/10

Flagstaff Station 3 min walk Β· 10 tram stops within 400 m

β˜• Everyday amenities7/10

105 cafΓ©s, 3 grocers, 3 medical within 250 m

🌳 Greenery7/10

54 street trees within 150 m Β· park 83 m away

✨ Activity9/10

4,410 people pass daily nearby Β· 54 licensed venues within 200 m

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

Apartments

Plans for this address

465 homes in an approved development. Plans can change.

Studio12828% of 465
1 bed20644% of 465
2 bed11926% of 465
3+ bed123% of 465

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 256-260 King Street.

πŸ—DeveloperHickory2021–2022verified2021-2022 Β· Developer of the office tower approved in 2021-2022Source: The Urban Developer β†—
πŸ“ArchitectCox Architecture2021–2022verified2021-2022 Β· Designer of the 2021-2022 office towerSource: The Urban Developer β†—
πŸ“ArchitectFender Katsalidis2026reportedCurrent Β· 2026 Β· Designer of the 2026 48-storey residential proposalSource: The Melburnian (CBD News) β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Flagstaff Station
Train station
3 min Β· 202 m
πŸš†Flagstaff Railway Station
Train station
3 min Β· 229 m
πŸš‹King St/La Trobe St #2
Tram stop
2 min Β· 198 m
πŸš‹Spencer St/La Trobe St #1
Tram stop
3 min Β· 228 m
πŸš‹Flagstaff Station/William St #7
Tram stop
3 min Β· 233 m

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

Within a 3-minute walk

105β˜• CafΓ©s & eateries
3πŸ›’ Grocers
1πŸ‹οΈ Gyms
3🩺 Medical
1πŸ’Š Pharmacies
0🧸 Childcare
7🍷 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).

Timeline

Everything that has happened at 256-260 King Street: listings, news, works, planning and history.

27 May 2026πŸ“°
News
Councillors back ministerial referral for 48-storey residential tower
At its 19 May 2026 meeting, the Future Melbourne Committee backed a ministerial planning referral for 572-574 Lonsdale Street and 248-260 King Street. The proposal by Hickory, designed by Fender Katsalidis, would be a 48-storey residential tower of 469 apartments above a podium retaining the Kilkenny Inn facade.
28 Nov 2025πŸ“°
News
Hickory seeks to convert approved office tower to 48-storey residential building
Hickory filed an application to amend the planning permit for the approved office tower, switching to a residential building of 48 storeys and 467 apartments. The site covers 248-250 and 256-260 King Street and 572-574 Lonsdale Street, and the planning report gives the address as 580 Lonsdale Street.
2024πŸ”„
Use change
Council census records it as unoccupied - under construction, 1 floors
15 Jul 2023πŸ“°
News
Former Goldfingers site with skyscraper permit offered for sale
Hickory was reported to be seeking a development partner or site buyer for the existing blocks, which carried a permit for a 21-storey tower at the King and Lonsdale corner. The article describes a proposed 21-storey tower and retaining the two-storey Kilkenny Inn as retail.
22 Aug 2022πŸ“°
News
Council approves Hickory's $110 million 21-storey office tower on Kilkenny Inn site
Victorian planning approved Hickory's 21-storey office tower on the Kilkenny Inn site in July 2022, with the heritage facade retained. The scheme was first filed in 2019 at about $110 million; later reports put the redevelopment at $350 million.
Covered by 3 outlets
24 May 2022πŸ“°
News
Fire gutted former Goldfingers and Kilkenny Inn building
A fire at the Kilkenny Inn, the former Goldfingers strip club at King and Lonsdale streets, was contained within 90 minutes. Arson was suspected and a crime scene was set up; reports said squatters may have been trapped inside.
20 May 2021πŸ“°
News
Hickory buys former Goldfingers block and wins approval for office tower
Hickory reportedly bought the former Goldfingers strip club, and the Future Melbourne Committee approved a redevelopment for a 22-storey office building over it, subject to review by the planning minister. The block also includes 248-250 King Street and the former Paramount House at 256-260 King Street.
2019πŸ“
Milestone Β· Planning application
Planning application TPMR-2019-34/B lodged
Derived from City of Melbourne Development Activity Monitor
2017πŸ”„
Use change
Council census records it as unoccupied - unused, 2 floors
2004πŸ”„
Use change
Council census records it as office, 2 floors
2002πŸ“‹
First census
First council census entry: unoccupied - under renovation, 2 floors
Approvedβœ…
Milestone Β· Approved
Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor

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
HO1342Heritage Overlay: a permit is needed to demolish or change the outside of heritage places
PO1Parking Overlay: controls on how much car parking new development can provide

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
TP117297
Lots on the plan
1
Owners corporation
Not recorded
Building permits on record
0

History of the site

How it's been recorded over time

2002Unoccupied - Under Renovation Β· 2 floors
2004Office Β· 2 floors
2017Unoccupied - Unused Β· 2 floors
2024Unoccupied - Under Construction Β· 1 floors

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

Community

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Frequently asked questions

Is 256-260 King Street residential or commercial?

256-260 King Street is neither homes nor offices. The City of Melbourne lists its main use as unoccupied - under construction.

How many floors does 256-260 King Street have?

256-260 King Street has 21 floors above ground.

Who designed and built 256-260 King Street?

Hickory developed 256-260 King Street and Cox Architecture designed it. The building team section has the sources.

What public transport is near 256-260 King Street?

Flagstaff Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is King St/La Trobe St #2, about 2 minutes' walk.

What is the planning zone for 256-260 King Street?

The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO1342).

Does 256-260 King Street have an owners corporation?

Plan of subdivision TP117297 has 1 lot.

Has a residential tower been proposed for the site?

Yes. In November 2025 Hickory sought to convert the approved office tower to a 48-storey residential building. In May 2026 councillors backed a ministerial referral for that 48-storey residential tower.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
256-260 King StreetOtherβ€”21
W.H.Holmes HouseMixed use28 m181974
Lonsdale CourtCommercial64 m40β€”
Metro Park WestResidential77 m262014
Victorian University of TechnologyCommercial104 m121990

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: CLUE building information (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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