That's Built · Building report

Jasper Hotel

489-499 Elizabeth Street, Melbourne VIC 3000

Generated 8 November 2026
Hotel · Commercial Accommodation

35 mheight

9floors

1975completed

0businesses

7permits

Development milestones

Completed

1975

Jasper Hotel completed: 9 floors

Building team

Developer: Young Women's Christian Association (YWCA)
Architect: David Lee
Architect: K2LD Architects
Owner: Creative Wealth
Architect: DKO Architecture
Builder: McCormack
Building manager: The Ascott Limited

Planning & subdivision

Zone: CCZ1
Overlays: DDO1, DDO14, DDO14-A18, HO1125, PO1
Scores: 🚆 8 · ☕ 7 · 🌳 8 · ✨ 8

Timeline

20252 building permits and 1 certificate · about $3.6m of new works
Largest: Stage 2 - Remainder of Works

20221 building permit · about $197k of new works
Largest: Cladding rectification to the front canopy

28 Jun 2021Ex-YWCA Jasper Hotel offered for sale with expected price above $45 million
Real Estate Source reported that the Jasper Hotel, built by the YWCA in 1975, was for sale with an expected price of more than $45 million. The seller had owned it for eight years after buying it for $15.5 million.

14 Aug 2019Jasper Hotel $2.2 million room renovation
Accommodation News reported a six-week, $2.2 million renovation of the Jasper Hotel's rooms, expected to finish by early September 2019. The article did not name the architect or builder.

19 Apr 2018Jasper Hotel listed for sale at $60 million
Realcommercial reported that the Jasper Hotel was listed for sale at about $60 million, four times the $15.5 million paid in 2013. The article also noted a $4.5 million redevelopment in 2007.

19 Jul 2016Jasper Hotel redesign by K2LD reported to lift occupancy
The Urban Developer reported that K2LD Architects' redesign of the Jasper Hotel had lifted occupancy by more than 25 per cent since its relaunch in late 2015.

29 Sep 2014Jasper Hotel unveils $7 million refurbishment
The Jasper Hotel on Elizabeth Street unveiled a $7 million refurbishment of its 90-room hotel, which was designed by architect David Lee. Spicenews reported the works in September 2014.

20141 building permit and 1 certificate · about $6.1m of new works
Largest: Stage 2: All works to completion - Refurbishment at Jasper Hotel

2011Council census records it as commercial accommodation, 9 floors
Name recorded: Jasper Hotel

2008Council census records it as commercial accommodation, 9 floors
Name recorded: The Hotel Y

20061 building permit · about $462k of new works
Largest: Alterations to an existing building. Alterations to Hotel Y, ground floor.

20051 building permit and 1 certificate · about $4.0m of new works
Largest: Stage 1: Alterations to hotel room 411; Hotel Refurbishment-proto-type room (no. 411)

20041 certificate · about $230k of new works
Largest: Alterations to existing hotel. Stage 1 Asbestos removal

2002First council census entry: commercial accommodation, 9 floors

20001 building permit · about $190 of new works
Largest: proposed installation of alarm signalling equipment

1975Jasper Hotel completed: 9 floors
Derived from The Ascott Limited

Building permits and certificates (11)

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.

21 Nov 2025	Proposed New Bathroom Fit Out and Water Proofing of Existing Hotel Rooms	$774k
05 June 2025	Stage 2 - Remainder of Works	$2.8m
17 Apr 2025	Proposed Alterations to Ground and First Floor Existing Hotel - Stage 1 - Internal soft strip	$2.8m
17 Mar 2022	Cladding rectification to the front canopy	$197k
26 Aug 2014	Stage 2: All works to completion - Refurbishment at Jasper Hotel	$6.1m
22 Apr 2014	Stage 1: Demolition works only - Refurbishment at Jasper Hotel	$6.1m
10 May 2006	Alterations to an existing building. Alterations to Hotel Y, ground floor.	$462k
21 Dec 2005	Stage 1: Alterations to hotel room 411; Hotel Refurbishment-proto-type room (no. 411)	$4.0m
26 Oct 2005	Stage 2: Alterations to hotel Levels 1 & 3-8; Hotel Refurbishment	$4.0m
15 July 2004	Alterations to existing hotel. Stage 1 Asbestos removal	$230k
30 June 2000	proposed installation of alarm signalling equipment	$190

Questions and answers

Is Jasper Hotel residential or commercial?
Jasper Hotel is a hotel or serviced apartments. The City of Melbourne lists its main use as commercial accommodation.

When was Jasper Hotel built?
Jasper Hotel was completed in 1975.

How many floors does Jasper Hotel have?
Jasper Hotel has 9 floors above ground.

Who designed and built Jasper Hotel?
Young Women's Christian Association (YWCA) developed Jasper Hotel, DKO Architecture designed it and McCormack built it. The building team section has the sources.

How tall is Jasper Hotel?
About 35 metres, measured from the City of Melbourne's 3D building model. It's number 457 of 1596 buildings in Melbourne by height.

What public transport is near Jasper Hotel?
State Library Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is Queen Victoria Market/Elizabeth St #7, about 1 minute's walk.

What is the planning zone for Jasper Hotel?
The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO1125).

Has Jasper Hotel been put up for sale?
Yes. It was listed for sale at $60 million in April 2018, and in June 2021 it was offered for sale with an expected price above $45 million.

Has any work been done on Jasper Hotel recently?
The City of Melbourne has issued 7 building permits for Jasper Hotel since 2000. The most recent was in June 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); 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.