πŸ›ŽοΈ HotelCommercial AccommodationCompleted 2020

MIT House

386-392 Lonsdale Street, Melbourne VIC 3000

  • 69 m tall Β· #196 in Melbourne
  • 19 floors

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6 years standing

Built in 3 yrs 9 mths

  1. 2014Planning application
  2. 2016Refurbished
  3. Apr 2016Construction started
  4. 2020Completed
  5. TodayStill standing

24 building permits Β· 1 news storyFull timeline ↓

About MIT House

MIT House is a 19-storey commercial accommodation building in Melbourne, with a roof height of 69 metres. Developed by Aurumstone Group, designed by Urban Design Architects and built by Verve Construction, it was completed around 2020.

At a glance

Key facts

Building type
πŸ›ŽοΈ Hotel
Completed
2020 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
61 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the top
69 m Unconfirmed We don't have data to 100% confirm this data point as yet. to the roof
#196 of 1596 in Melbourne
Floors
19
Footprint
670 mΒ²
Architect
Urban Design Architects Unconfirmed We don't have data to 100% confirm this data point as yet.
Builder
Verve Construction Unconfirmed We don't have data to 100% confirm this data point as yet.
Car spaces
β€”
Strata plan
PS729180 Β· 150 lots
Planning zone
CCZ1
Permits on record
24

Score cards

πŸš† Transport8/10

Melbourne Central Station 4 min walk Β· 10 tram stops within 400 m

β˜• Everyday amenities7/10

145 cafΓ©s, 9 grocers, 5 medical within 250 m

🌳 Greenery6/10

85 street trees within 150 m Β· park 412 m away

✨ Activity10/10

11,024 people pass daily nearby Β· 93 licensed venues within 200 m

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

Apartments

From the council's development record, so the built numbers may differ a little.

1 bed11870% of 168
2 bed5030% of 168

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 MIT House.

πŸ—DeveloperAurumstone Groupto 2021verifiedto 2021 Β· Developer of the residential towerSource: apartments.com.au β†—
πŸ“ArchitectUrban Design ArchitectsreportedDesigner of the building and facadeSource: apartments.com.au β†—
πŸ‘·BuilderVerve ConstructionreportedMain contractor, per listing siteSource: apartments.com.au β†—
🏦OwnerBrady Group2021–verifiedCurrent Β· 2021- Β· Bought the building in 2021 for a conversion to serviced apartmentsSource: realcommercial.com.au β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Melbourne Central Station
Train station
4 min Β· 306 m
πŸš†Melbourne Central Railway Station
Train station
4 min Β· 313 m
πŸš‹Melbourne Central Station/Elizabeth St #5
Tram stop
2 min Β· 172 m
πŸš‹Melbourne Central Station/La Trobe St #5
Tram stop
3 min Β· 202 m
πŸš‹Bourke Street Mall/Elizabeth St #3
Tram stop
3 min Β· 220 m

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

Within a 3-minute walk

145β˜• CafΓ©s & eateries
9πŸ›’ Grocers
10πŸ‹οΈ Gyms
5🩺 Medical
5πŸ’Š Pharmacies
0🧸 Childcare
17🍷 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 MIT House: listings, news, works, planning and history.

2025πŸ› 
Works
2 certificates Β· about $220k of new works
Largest: Proposed Internal Fit-Out to Class 9B Building (Basement)
2024πŸ› 
Works
2 certificates Β· about $300k of new works
Largest: Stage 1 - Level 13-16 - Internal alteration to DDA room
2023πŸ› 
Works
4 building permits Β· about $3.0m of new works
Largest: Stage 2 - Basement and ground floor internal works
2022πŸ”„
Use change
Council census records it as commercial accommodation, 20 floors
Name recorded: MIT House
27 Oct 2021πŸ“°
News
Brady Group buys 388 Lonsdale Street for reported $80 million, plans hotel conversion
Brady Group reportedly bought the 147-apartment tower at 388 Lonsdale Street from developer Aurumstone Group for about $80 million, according to sources. The buyer planned to convert the building to serviced apartments or a hotel; the price was not officially disclosed.
Covered by 2 outlets
2021πŸ› 
Works
1 building permit Β· about $269k of new works
Largest: Level 1- Alterations to existing building
2020πŸŽ‰
Milestone Β· Completed
MIT House completed: 19 floors
Derived from City of Melbourne
Jul 2020πŸ”‘
Milestone Β· First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2020πŸ› 
Works
4 certificates
Largest: Stage 4 - Fire Services
2018πŸ”„
Use change
Council census records it as unoccupied - under renovation, 19 floors
Name recorded: MIT House
2017πŸ› 
Works
1 building permit Β· about $30.5m of new works
Largest: Stage 4 - Fire Services
By 2016βœ…
Milestone Β· Approved
Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
Apr 2016πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2016πŸ”„
Use change
Council census records it as unoccupied - under construction, 13 floors
Name recorded: MIT House
2016πŸ› 
Works
2 building permits Β· about $55.5m of new works
Largest: Residential Development - Stage 1 - Part Demolition - non structural works only
2015πŸ› 
Works
1 building permit Β· about $102k of new works
Largest: Fitout of Display Suite
2014πŸ“
Milestone Β· Planning application
Planning application TP-2014-370/A lodged
Derived from City of Melbourne Development Activity Monitor
2013πŸ› 
Works
2 building permits Β· about $285k of new works
Largest: Ground Floor - Internal fit out - completion of works (excluding repair works to the mechanical system and the toilets)
2012πŸ› 
Works
3 building permits Β· about $310k of new works
Largest: Retail tenancy fitout - tenancy 1
2010πŸ› 
Works
1 building permit Β· about $92k of new works
Largest: Replacement of a Cooling Tower
2009πŸ”„
Use change
Council census records it as educational/research, 13 floors
Name recorded: MIT House
2006πŸ› 
Works
2 certificates Β· about $60k of new works
Largest: Change of use, Level 10.
2005πŸ”„
Use change
Council census records it as educational/research, 13 floors
Name recorded: SULEMAN HOUSE
2005πŸ› 
Works
1 building permit and 1 certificate Β· about $293k of new works
Largest: alterations to levels 2-6, 8, 11, & 12
2004πŸ”„
Use change
Council census records it as unoccupied - unused, 13 floors
Name recorded: SULEMAN HOUSE
2003πŸ› 
Works
1 certificate Β· about $1k of new works
Largest: Alterations to ground floor
2002πŸ› 
Works
3 building permits Β· about $534k of new works
Largest: Office fitout alterations to an existing building. Levels 4,8,11 & 12
2002πŸ“‹
First census
First council census entry: office, 13 floors
2000πŸ› 
Works
1 certificate Β· about $27k of new works
Largest: alts to Tavern WC
1999πŸ› 
Works
3 building permits Β· about $115k of new works
Largest: Level 2 & 3. Office Partioning, trainin room and offices
1998πŸ› 
Works
1 building permit Β· about $4k of new works
Largest: grnd flr lobby refurbishment & new street entry
1995πŸ› 
Works
1 certificate Β· about $2k of new works
Largest: Roof canopy

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
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
PS729180
Lots on the plan
150
Owners corporation
Not recorded
Building permits on record
24
Estimated cost of works
About $91.7m
1995New works by year (estimated)2025

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· 13 floors Β· "SULEMAN HOUSE"
2004Unoccupied - Unused Β· 13 floors Β· "SULEMAN HOUSE"
2005Educational/Research Β· 13 floors Β· "SULEMAN HOUSE"
2009Educational/Research Β· 13 floors Β· "MIT House"
2016Unoccupied - Under Construction Β· 13 floors Β· "MIT House"
2018Unoccupied - Under Renovation Β· 19 floors Β· "MIT House"
2022Commercial Accommodation Β· 20 floors Β· "MIT House"

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

Community

What people say about MIT House in public forums and groups, and reviews left here.

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Frequently asked questions

Is MIT House residential or commercial?

MIT House is a hotel or serviced apartments. The City of Melbourne lists its main use as commercial accommodation.

When was MIT House built?

MIT House was completed in 2020.

How many floors does MIT House have?

MIT House has 19 floors above ground.

What size apartments are in MIT House?

The City of Melbourne's development record lists 118 1 bed and 50 2 bed apartments. The built numbers may differ a little.

Who designed and built MIT House?

Aurumstone Group developed MIT House, Urban Design Architects designed it and Verve Construction built it. The building team section has the sources.

How tall is MIT House?

About 69 metres, measured from the City of Melbourne's 3D building model. It's number 196 of 1596 buildings in Melbourne by height.

What public transport is near MIT House?

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

What is the planning zone for MIT House?

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

Does MIT House have an owners corporation?

Plan of subdivision PS729180 has 150 lots.

Has any work been done on MIT House recently?

The City of Melbourne has issued 24 building permits for MIT House since 1998. The most recent was in October 2023.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
MIT HouseHotelβ€”192020
Lonsdale GardensCommercial24 m131994
University City ApartmentsMixed use42 m141950
Taylors HouseCommercial75 m131986

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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