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That's Built · Building report

Aspire Melbourne

295-309 King Street, Melbourne VIC 3000
Generated 8 November 2026
Mixed use · Residential Apartment
214 mheight
65floors
2023completed
530homes
11permits

Development milestones

Planning application2014Planning application TPM-2014-44 lodged
ApprovedBy 2020Planning permit granted (exact date not recorded)
Construction startedApr 2020First major construction permit issued
First occupantsMay 2022First occupancy permit issued
CompletedBy Nov 2023Aspire Melbourne completed: 65 floors

Building team

Project manager
Sinclair Brook
Developer
ICD Property
Developer
MaxCap Group
Architect
Elenberg Fraser
Builder
Hickory

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, DDO12, PO1
Strata plan
PS827459 · 573 lots
Scores
🚆 9 · ☕ 6 · 🌳 7 · ✨ 8

Timeline

20251 building permit · about $110k of new works
Largest: Tenancy R2 Internal alterations new sanitary facility
2024Council census records it as residential apartment, 66 floors
Nov 2023ICD Property completes Aspire Melbourne apartment tower
ICD Property and MaxCap Group completed the 208-metre Aspire Melbourne tower, which Hickory built. The article describes 565 apartments, sub-penthouses and penthouses.
By Nov 2023Aspire Melbourne completed: 65 floors
Derived from Apartments.com.au (Urban.com.au network)
Apr 2023Aspire Melbourne tower described as 211 metres tall, with completion expected later in 2023
A pre-completion article described the 565-apartment tower as 211 metres tall and expected to be completed later in 2023. The developer was ICD Property and the architect Elenberg Fraser.
20233 certificates · about $183.4m of new works
Largest: Stage 3: Architectural works and Services installation from Basement Level B4 to Level 7. Horizontal Structure from Level 10 to Level 50 &
May 2022First occupancy permit issued
Derived from City of Melbourne building permits
2022Council census records it as unoccupied - under construction, 66 floors
20222 building permits and 4 certificates
Largest: Stage 5: Architectural and structural level 9 pool area, Services Level 41-51 & Facade Level 51-Roof, Ground/Ground Mezz (inc GRC) & L9 pool
Jun 2021Aspire Melbourne wins three awards at 2021 International Property Awards
The tower won awards at the 2021 International Property Awards, including Best Residential High-Rise Development in Australia and Best Residential High-Rise Architecture in Asia Pacific. The awards went to developer ICD Property and architect Elenberg Fraser.
2021Council census records it as unoccupied - under construction, 1 floors
20211 building permit
Largest: Stage 3: Architectural works and Services installation from Basement Level B4 to Level 7. Horizontal Structure from Level 10 to Level 50 &
By 2020Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
May 2020Construction commences on Aspire Melbourne
Construction began on the 65-storey tower designed by Elenberg Fraser, with Hickory appointed as builder and ICD Property developing the project in joint venture with MaxCap Group.
May 2020Eight-week archaeological dig uncovers 19th-century girls' school ruins before construction
An archaeological dig triggered by excavation works for the Aspire Melbourne development uncovered the ruins of a six-room sandstone cottage used as a school for young ladies. The eight-week dig was reported as concluding in May 2020.
Apr 2020First major construction permit issued
Derived from City of Melbourne building permits
20201 building permit and 1 certificate · about $203.1m of new works
Largest: New Apartment Tower - Stage 1: Construction of Piling, Anchors and Capping Beam. Bulk Excavation, Foundation Piles and Footings and In-groun
Dec 2019Hickory appointed to build the Aspire tower for ICD Property
Hickory was appointed as builder for the Aspire tower, its first project with ICD Property. The tower was described at the time as expected to be 211 metres tall with 594 apartments.
20191 building permit · about $148k of new works
Largest: Demolition of a Two Storey Commercial Building
2017Council census records it as unoccupied - unused, 4 floors
2014Planning application TPM-2014-44 lodged
Derived from City of Melbourne Development Activity Monitor
2010Council census records it as public display area, 4 floors
20081 building permit · about $122k of new works
Largest: Roof space storage & minor alterations to an existing building
2004Council census records it as retail - shop, 4 floors
20031 building permit
Largest: Refurbishment of exisiting educational/ office building to Koorie Trust Cultural Centre Redevelopment. Amended Building Permit: Minor Struct
20021 building permit · about $3.0m of new works
Largest: Refurbishment of exisiting educational/ office building to Koorie Trust Cultural Centre Redevelopment.
2002First council census entry: unoccupied - unused, 4 floors
20001 building permit · about $15k of new works
Largest: First & Second Floor - Upgrade sanitay facilities & reinstate fire svc classes 5&6

Building permits and certificates (18)

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.

27 Oct 2025Tenancy R2 Internal alterations new sanitary facility$110k
05 Sept 2023Stage 3: Architectural works and Services installation from Basement Level B4 to Level 7. Horizontal Structure from Level 10 to Level 50 & Vertical Structure from Level 10 to Level 65.$201.8m
05 Sept 2023Stage 4: This permit includes: Architectural Level 08 - Level 58, Services Level 08 - Level 40, & Facade Level 01 & Level 50. Balustrades Level 01 to Level 09. This permit excludes: Construction and installation of the fire rated treatment between the curtain wall junctions of the slab edge and the lightweight fire rated walls. The pool and spa and associated barriers and gates.$201.8m
13 Apr 2023Stage 2: Full Concrete and Steel Structure From Basement 3 to Level 9 Inclusive$183.4m
09 Dec 2022Stage 6 - Architectural L59-Roof, Services L59-Roof.$201.8m
30 Sept 2022New Apartment Tower - Stage 1: Construction of Piling, Anchors and Capping Beam. Bulk Excavation, Foundation Piles and Footings and In-ground Civil Services.$201.8m
30 Sept 2022Stage 3: Architectural works and Services installation from Basement Level B4 to Level 7. Horizontal Structure from Level 10 to Level 50 & Vertical Structure from Level 10 to Level 65.$201.8m
30 Sept 2022Stage 5: Architectural and structural level 9 pool area, Services Level 41-51 & Facade Level 51-Roof, Ground/Ground Mezz (inc GRC) & L9 pool area / L11 skylight, L9 external canopy pods, L9 external doors, Structure horizontal slabs L51-Roof, Level 9 Davit arms package$202.6m
30 May 2022Stage 4: This permit includes: Architectural Level 08 - Level 58, Services Level 08 - Level 40, & Facade Level 01 & Level 50. Balustrades Level 01 to Level 09. This permit excludes: Construction and installation of the fire rated treatment between the curtain wall junctions of the slab edge and the lightweight fire rated walls. The pool and spa and associated barriers and gates.$201.8m
18 Mar 2022Stage 5: Architectural and structural level 9 pool area, Services Level 41-51 & Facade Level 51-Roof, Ground/Ground Mezz (inc GRC) & L9 pool area / L11 skylight, L9 external canopy pods, L9 external doors, Structure horizontal slabs L51-Roof, Level 9 Davit arms package$202.6m
22 Oct 2021Stage 3: Architectural works and Services installation from Basement Level B4 to Level 7. Horizontal Structure from Level 10 to Level 50 & Vertical Structure from Level 10 to Level 65.$201.8m
01 July 2020Demolition of a Three Storey Commercial Building$440k
09 Apr 2020New Apartment Tower - Stage 1: Construction of Piling, Anchors and Capping Beam. Bulk Excavation, Foundation Piles and Footings and In-ground Civil Services.$201.8m
04 Dec 2019Demolition of a Two Storey Commercial Building$149k
08 Oct 2008Roof space storage & minor alterations to an existing building$122k
03 Mar 2003Refurbishment of exisiting educational/ office building to Koorie Trust Cultural Centre Redevelopment. Amended Building Permit: Minor Structural Amendments.$3.0m
19 Apr 2002Refurbishment of exisiting educational/ office building to Koorie Trust Cultural Centre Redevelopment.$3.0m
23 Oct 2000First & Second Floor - Upgrade sanitay facilities & reinstate fire svc classes 5&6$15k

Questions and answers

Is Aspire Melbourne residential or commercial?
Aspire Melbourne mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Aspire Melbourne built?
Aspire Melbourne was completed in 2023.

How many floors does Aspire Melbourne have?
Aspire Melbourne has 65 floors above ground.

How many apartments are in Aspire Melbourne?
Aspire Melbourne has 530 homes. The national address file lists 581 unit addresses here, and some of those can be shops or offices.

What size apartments are in Aspire Melbourne?
The City of Melbourne's development record lists 1 bed, 2 bed and 3+ bed apartments. The built numbers may differ a little.

Does Aspire Melbourne have parking?
The City of Melbourne records 61 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Aspire Melbourne?
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 Aspire Melbourne?
The latest council census counted 1 business in Aspire Melbourne.

Are there apartments for sale or rent in Aspire Melbourne?
See the residential listings on this page, or use the shortcuts to search 295-309 King Street on realestate.com.au and Domain.

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

Who designed and built Aspire Melbourne?
MaxCap Group developed Aspire Melbourne, Elenberg Fraser designed it and Hickory built it. The building team section has the sources.

How tall is Aspire Melbourne?
About 214 metres, measured from the City of Melbourne's 3D building model. It's number 17 of 1596 buildings in Melbourne by height.

What public transport is near Aspire Melbourne?
Flagstaff Station is the nearest train station, about 2 minutes' walk. The nearest tram stop is King St/La Trobe St #2, about 1 minute's walk.

What is the planning zone for Aspire Melbourne?
The site is in the Capital City Zone - Schedule 1 (CCZ1).

Does Aspire Melbourne have an owners corporation?
Plan of subdivision PS827459 has 573 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Aspire Melbourne recently?
The City of Melbourne has issued 11 building permits for Aspire Melbourne since 2000. The most recent was in October 2025.

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); Development Activity Monitor (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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