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That's Built · Building report

Oaks On Market

54-60 Market Street, Melbourne VIC 3000
Generated 8 November 2026
Hotel · Commercial Accommodation
99 mheight
24floors
2005completed
0businesses
11permits

Development milestones

Construction startedApr 2003First major construction permit issued
Completed2005Oaks On Market completed: 24 floors

Building team

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, PO1
Strata plan
PS336605 · 344 lots
Scores
🚆 7 · ☕ 7 · 🌳 8 · ✨ 9

Timeline

20251 building permit · about $2.4m of new works
Largest: Cladding Rectification Works
12 Mar 2018Oaks on Market completes multi-million dollar refurbishment
The Oaks on Market hotel in central Melbourne finished a refurbishment of its apartments and common areas over about ten months, reported as close to A$3 million. All 280 guest rooms were given updated furnishings and finishes.
20181 building permit · about $100k of new works
Largest: Alterations to Hotel Basement Gym
20152 building permits and 2 certificates · about $655k of new works
Largest: 60 Market Street Melbourne - Bar Refurbishment
20121 building permit · about $600 of new works
Largest: Alterations Smoke Detection
2008Council census records it as commercial accommodation, 25 floors
Name recorded: Oaks On Market
20073 building permits and 2 certificates · about $540k of new works
Largest: Alterations to ground floor restaurant. Stage 1 - Architectural & Services
2006Council census records it as commercial accommodation, 25 floors
Name recorded: SIXTY MARKET STREET
20061 certificate
Largest: Variation: Hotel lobby fitout - ground floor
2005Oaks On Market completed: 24 floors
Derived from City of Melbourne Development Activity Monitor
20051 building permit · about $1.0m of new works
Largest: Hotel lobby fitout - ground floor
Apr 2003First major construction permit issued
Derived from City of Melbourne building permits
20032 building permits · about $30.0m of new works
Largest: Proposed Hotel and Apartment Development. Stage 2 - Demolition of North West external wall
2002First council census entry: unoccupied - under renovation, 25 floors

Building permits and certificates (16)

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.

16 June 2025Cladding Rectification Works$2.4m
13 Feb 2018Alterations to Hotel Basement Gym$100k
18 Nov 2015Fire stair upgrade and modifications$180k
16 Oct 201560 Market Street Melbourne - Bar Refurbishment$475k
15 Sept 2015Stage 2 - FINAL ARCHITECTURAL VARIATION AND STRUCTURE - CONDITIONAL$475k
24 June 2015Change of alarm system equipment$850
29 Mar 2012Alterations Smoke Detection$600
03 Aug 2007External Signage, Stage 1 - Internal work$140k
24 Apr 2007External Signage. Stage 3 - Final.$140k
15 Mar 2007External Signage. Stage 1 - Structural works (including external).$140k
29 Jan 2007Alterations to ground floor restaurant. Stage 1 - Architectural & Services$400k
18 Jan 2007Alterations to ground floor restaurant. Stage 2 - Facade and Mechanical works$400k
18 Sept 2006Variation: Hotel lobby fitout - ground floor$1.0m
21 Dec 2005Hotel lobby fitout - ground floor$1.0m
11 Apr 2003Proposed Hotel and Apartment Development. Stage 2 - Demolition of North West external wall$30.0m
08 Apr 2003Proposed Hotel and Apartment Development. Stage 1 - Internal Non Structural Demolition$30.0m

Questions and answers

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

When was Oaks On Market built?
Oaks On Market was completed in 2005.

How many floors does Oaks On Market have?
Oaks On Market has 24 floors above ground.

Does Oaks On Market have hotel or student accommodation?
The City of Melbourne records 280 serviced apartments at Oaks On Market.

Who built Oaks On Market?
The building team section lists who's known so far. Builders, architects and developers can claim their role on this page.

How tall is Oaks On Market?
About 99 metres, measured from the City of Melbourne's 3D building model. It's number 117 of 1596 buildings in Melbourne by height.

What public transport is near Oaks On Market?
Flinders Street Station is the nearest train station, about 6 minutes' walk. The nearest tram stop is William St/Collins St #3, about 1 minute's walk.

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

Does Oaks On Market have an owners corporation?
Plan of subdivision PS336605 has 344 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Oaks On Market recently?
The City of Melbourne has issued 11 building permits for Oaks On Market since 2003. 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); 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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