🏒 CommercialOfficeCompleted 1975πŸ› Heritage overlay

Optus Centre

359-373 Collins Street, Melbourne VIC 3000

  • 159 m tall Β· #48 in Melbourne
  • 34 floors
  • 23 businesses
  • 265 car spaces

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51 years standing

  1. 1975Completed
  2. 1992Refurbished
  3. 2015Planning application
  4. TodayStill standing

143 building permits Β· 4 news storiesFull timeline ↓

About Optus Centre

Optus Centre is a 34-storey office tower on Collins Street in Melbourne, with a roof height of 158 metres. Bates Smart designed it, and it was completed in 1975. Woods Bagot was the architect for its refurbishment.

At a glance

Key facts

Building type
🏒 Commercial
Completed
1975
Construction started
1975 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
153 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the top
158 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the roof
#48 of 1596 in Melbourne
Floors
34
Footprint
3,140 mΒ²
Architect
Bates Smart Unconfirmed We don't have data to 100% confirm this data point as yet.
Businesses
23
Car spaces
265
Strata plan
TP513276 Β· 1 lots
Planning zone
CCZ1
Permits on record
143

Score cards

πŸš† Transport8/10

Flinders Street Station 4 min walk Β· 13 tram stops within 400 m

β˜• Everyday amenities9/10

134 cafΓ©s, 6 grocers, 13 medical within 250 m

🌳 Greenery8/10

81 street trees within 150 m Β· park 186 m away

✨ Activity10/10

5,147 people pass daily nearby Β· 70 licensed venues within 200 m

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

The building team

The people and companies behind the design, construction and management of Optus Centre.

πŸ“ArchitectBates Smart1975reported1975Source: Wikipedia β†—
πŸ“ArchitectWoods Bagot2016–2018verifiedRefurbishment Β· 2016-2018Source: InDesignLive β†—
🏦OwnerMirvac2013–2024verifiedRefurbishment Β· 2013-2024 Β· Owned the building from 2013 and carried out the 2018 refurbishment as ownerSource: Real Estate Source β†—
🏦OwnerPacific Alliance Group2024–reportedCurrent Β· 2024-Source: Real Estate Source β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Flinders Street Station
Train station
4 min Β· 349 m
πŸš†Town Hall Station
Train station
5 min Β· 400 m
πŸš‹Elizabeth St/Collins St #5
Tram stop
2 min Β· 132 m
πŸš‹Elizabeth St/Flinders St #4
Tram stop
3 min Β· 207 m
πŸš‹Collins St/Elizabeth St #2
Tram stop
3 min Β· 208 m

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

Within a 3-minute walk

134β˜• CafΓ©s & eateries
6πŸ›’ Grocers
11πŸ‹οΈ Gyms
13🩺 Medical
4πŸ’Š Pharmacies
1🧸 Childcare
21🍷 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).

Businesses in Optus Centre

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

Anytime Fitness Melbourne CBD2

Health and Fitness Centres and Gymnasia Operation

Australian Institute Of Company Directors

Business and Professional Association Services

Australian Red Cross Society

Other Health Care Services n.e.c.

Bang & Olufsen

Electrical, Electronic and Gas Appliance Retailing

Bensons Property Group Pty Ltd

Other Residential Building Construction

BG&E

Engineering Design and Engineering Consulting Services

Brickworks Design Studio

Hardware and Building Supplies Retailing

Cha Ching Eatery

Cafes and Restaurants

Colliers International Residential

Real Estate Services

Looking for space in Optus Centre?

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 Optus Centre: listings, news, works, planning and history.

2026πŸ› 
Works
4 building permits and 2 certificates Β· about $1.1m of new works
Largest: Stage 2 - Completion of All Works)
2025πŸ› 
Works
5 building permits and 9 certificates Β· about $47.1m of new works
Largest: Stage 2 - Completion of All Works)
19 Jun 2024πŸ“°
News
Optus Centre sold to Pacific Alliance Group for $340 million
A June 2024 report said Mirvac was reportedly selling the Optus Centre to Hong Kong-based Pacific Alliance Group for about $340 million, after an earlier deal of about $400 million with Goldfields Group lingered while that buyer sought backing. A June 2025 report said Pacific Alliance Group had bought the building from Mirvac for $340 million.
Covered by 2 outlets
2024πŸ› 
Works
9 building permits and 1 certificate Β· about $8.4m of new works
Largest: Stage 2 - Balance of works levels 4-9
26 Apr 2023πŸ“°
News
Mirvac reportedly marketing Optus Centre for about $400 million
The Optus Centre, listed by Mirvac in early 2023 with a guide of $430 million, was reported to be heading to a local group backed by an offshore investor for about $400 million. The article described this as speculation, with the director's valuation at $412.9 million.
2023πŸ› 
Works
2 building permits and 1 certificate Β· about $2.5m of new works
Largest: Office Fitout to Level 28 (BG&E)
2022πŸ› 
Works
4 building permits and 5 certificates Β· about $5.9m of new works
Largest: Base Building Upgrade on Level 28
2021πŸ› 
Works
2 building permits and 2 certificates Β· about $9.1m of new works
Largest: Stage 2: Remainder of works to office space of levels 13-18 & 21
2020πŸ› 
Works
3 building permits and 4 certificates Β· about $2.0m of new works
Largest: Internal Office Fitout for NDIA
2019πŸ› 
Works
3 building permits and 4 certificates Β· about $1.2m of new works
Largest: Tenancy 1, Ground floor - Fitout
27 Jul 2018πŸ“°
News
Mirvac completes refurbishment and opens new lobby at 367 Collins Street
Mirvac marked the completion of an extensive refurbishment of 367 Collins Street with the opening of a new lobby. The works created four new ground-floor tenancies and three new tenancies on Flinders Lane.
2018πŸ› 
Works
4 building permits and 8 certificates Β· about $6.9m of new works
Largest: Stage 4, Structural Works & Services
2017πŸ› 
Works
4 building permits and 4 certificates Β· about $16.7m of new works
Largest: Stage 2, Internal, Non-Structural Demolition Works)
12 Jan 2016πŸ“°
News
End-of-trip facilities built in former bank vaults
Mirvac converted old bank vaults at the building into end-of-trip cycling and shower facilities called The Nest, with Woods Bagot as the design firm. Reporting in 2016 described the facilities as recently completed.
Covered by 2 outlets
2016πŸ› 
Works
3 building permits and 3 certificates Β· about $7.4m of new works
Largest: Stage 2 - Fit-out to Level 19
2015πŸ“
Milestone Β· Planning application
Planning application TP-2015-800 lodged
Derived from City of Melbourne Development Activity Monitor
2015πŸ› 
Works
9 building permits and 2 certificates Β· about $9.4m of new works
Largest: Internal Make Good Office works
2014πŸ› 
Works
4 building permits and 2 certificates Β· about $7.4m of new works
Largest: Levels 26, 27 & 30 Internal Office make good works
2013πŸ› 
Works
4 building permits Β· about $5.7m of new works
Largest: Office fitout - Level 13-17 (5 levels)
2012πŸ› 
Works
6 building permits and 3 certificates Β· about $21.2m of new works
Largest: Base building refurbishment
2011πŸ› 
Works
1 building permit and 3 certificates Β· about $200k of new works
Largest: Office fitout- Optus centre Level 4-12
2010πŸ› 
Works
3 building permits and 6 certificates Β· about $1.4m of new works
Largest: Stage 2 Variation: Increase scope of works
2009πŸ”„
Use change
Council census records it as office, 34 floors
Name recorded: Optus Centre
2009πŸ› 
Works
6 building permits and 1 certificate Β· about $9.4m of new works
Largest: Office fitout- Optus centre Level 4-12
2008πŸ› 
Works
8 building permits and 5 certificates Β· about $5.0m of new works
Largest: Level 3; Alterations to an existing building - Office Fitout
2007πŸ› 
Works
7 building permits and 2 certificates Β· about $4.9m of new works
Largest: Alterations and fitout to offices on Level 26 & 27.
2006πŸ› 
Works
3 building permits and 1 certificate Β· about $759k of new works
Largest: Alteration-Defit Tenancy & Base building refurbishment Level 30
2005πŸ› 
Works
6 building permits and 2 certificates Β· about $932k of new works
Largest: Office partition fitout Level 28
2004πŸ”„
Use change
Council census records it as office, 34 floors
2004πŸ› 
Works
7 building permits and 2 certificates Β· about $8.4m of new works
Largest: Stage 1 alteration All works except structural
2003πŸ› 
Works
4 building permits Β· about $518k of new works
Largest: Alterations Part Ground Level
2002πŸ› 
Works
2 building permits Β· about $147k of new works
Largest: Internal floor alterations Level 3
2002πŸ“‹
First census
First council census entry: office, 34 floors
2001πŸ› 
Works
5 building permits Β· about $406k of new works
Largest: Part level 18, office fitout to existing building
2000πŸ› 
Works
3 building permits and 1 certificate Β· about $531k of new works
Largest: ground floor office alterations to existing building
1999πŸ› 
Works
2 building permits and 2 certificates Β· about $866k of new works
Largest: Office fitout on levels 26 & 27, 367 Collins Street, Melbourne
1998πŸ› 
Works
2 building permits and 2 certificates Β· about $705k of new works
Largest: Fitout for Hartley Poynton Ltd on level 20, 367 Collins Street, Melbourne
1997πŸ› 
Works
4 building permits and 1 certificate Β· about $360k of new works
Largest: Base building refurbishment to levels 18, 20 & 26
1996πŸ› 
Works
6 building permits Β· about $2.2m of new works
Largest: Internal alterations
1995πŸ› 
Works
3 building permits and 1 certificate Β· about $1.5m of new works
Largest: Alterations to existing building
1975πŸŽ‰
Milestone Β· Completed
Optus Centre completed: 34 floors
Derived from City of Melbourne building census (CLUE) 2024
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
HO1322Heritage 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
TP513276
Lots on the plan
1
Owners corporation
Not recorded
Building permits on record
143
Estimated cost of works
About $190.3m
1995New works by year (estimated)2026

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

2002Office Β· 34 floors Β· "COMMONWEALTH BANK"
2004Office Β· 34 floors
2009Office Β· 34 floors Β· "Optus Centre"

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

Community

What people say about Optus Centre in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Optus Centre? .

Tenant reviews

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Frequently asked questions

Is Optus Centre residential or commercial?

Optus Centre is a commercial building. The City of Melbourne lists its main use as office.

When was Optus Centre built?

Optus Centre was completed in 1975.

How many floors does Optus Centre have?

Optus Centre has 34 floors above ground.

What businesses are in Optus Centre?

The latest council census counted 23 businesses in Optus Centre, including Anytime Fitness Melbourne CBD2, Australian Institute Of Company Directors and Australian Red Cross Society.

Is there office or retail space for lease in Optus Centre?

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

Who designed and built Optus Centre?

Bates Smart designed Optus Centre. The building team section has the sources.

How tall is Optus Centre?

About 158 metres, measured from the City of Melbourne's 3D building model. It's number 48 of 1596 buildings in Melbourne by height.

What public transport is near Optus Centre?

Flinders Street Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is Elizabeth St/Collins St #5, about 2 minutes' walk.

What is the planning zone for Optus Centre?

The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO1322).

Does Optus Centre have an owners corporation?

Plan of subdivision TP513276 has 1 lot.

How much was Optus Centre sold for?

Pacific Alliance Group bought Optus Centre for $340 million, with the sale reported in June 2024. In April 2023, Mirvac was marketing the building for about $400 million.

Has any work been done on Optus Centre recently?

The City of Melbourne has issued 143 building permits for Optus Centre since 1995. The most recent was in April 2026.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Optus CentreCommercialβ€”341975
357 Collins StreetCommercial31 m261968
Prime Value HouseCommercial78 m121983
333 Collins StreetCommercial75 m291990

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), 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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