Northbank Place Central Tower
545-557 Flinders Street, Melbourne VIC 3000
- 54 m tall · #268 in Melbourne
- 16 floors
- 196 homes
- 6 businesses
- 341 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $545,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $560/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
17 years standing
Built in 1 yr 6 mths
- Jul 2007Construction started
- 2009Completed
- TodayStill standing
23 building permitsFull timeline ↓
About Northbank Place Central Tower
Northbank Place Central Tower is a 16-storey apartment tower with 196 homes and a roof height of 54 m. Developed by Far East Consortium, it was designed by Peddle Thorp with Ken Sowerby Architects, built by L.U. Simon, and completed in 2009.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 2009 Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Height
- 54 m Unconfirmed ?We don't have data to 100% confirm this data point as yet.
#268 of 1596 in Melbourne - Floors
- 16 Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Footprint
- 1,732 m²
- Homes
- 196
- Architect
- Peddle Thorp
- Builder
- L.U. Simon Unconfirmed ?We don't have data to 100% confirm this data point as yet.
- Businesses
- 6
- Car spaces
- 341
- Strata plan
- PS549363 · 465 lots
- Planning zone
- CCZ1
- Permits on record
- 23
Score cards
Southern Cross Railway Station 5 min walk · 8 tram stops within 400 m
46 cafés, 1 grocers, 0 medical within 250 m
91 street trees within 150 m · park 53 m away
7,748 people pass daily nearby · 29 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
The council hasn't recorded a bedroom breakdown for Northbank Place Central Tower.
🚗 202 residential car spaces recorded at this property, about 1 per home. Which apartments have a space isn't recorded, so check the listing.
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 Northbank Place Central Tower.
Location & neighbourhood
Getting around
Train station5 min · 419 m
Train station6 min · 490 m
Tram stop1 min · 69 m
Tram stop2 min · 127 m
Tram stop2 min · 144 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Melbourne (CBD)
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
Prices: Victorian Property Sales Report, © State of Victoria (Department of Transport and Planning), CC BY 4.0.
Median weekly rents for new leases, CBD-St Kilda Rd
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New leases |
|---|---|---|---|---|
| 1 bedroom | $560/wk | +1.8% | 6,274 in the year to Sep 2025 | |
| 2 bedroom | $735/wk | +2.1% | 6,605 in the year to Sep 2025 | |
| 3 bedroom | $1050/wk | -4.5% | 737 in the year to Sep 2025 |
Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.
Businesses in Northbank Place Central Tower
6 businesses recorded in the City of Melbourne's latest business census.
Care Park
Dominos Pizza Melbourne CBD
Fatboys Phillys
Food Hall
Noulboo Korean chicken & pork
Tokyo Maki
Looking for space in Northbank Place Central Tower?
Timeline
Everything that has happened at Northbank Place Central Tower: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designLSIO3Land Subject to Inundation: mapped as at risk of flooding from rivers or the bayPO1Parking Overlay: controls on how much car parking new development can provideVicmap Planning, © 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
- PS549363
- Lots on the plan
- 465
- Owners corporation
- Not recorded
- Building permits on record
- 23
- Estimated cost of works
- About $50.2m
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
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about Northbank Place Central Tower in public forums and groups, and reviews left here.
Resident & tenant reviews
No reviews of Northbank Place Central Tower yet. Be the first to tell future neighbours what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review Northbank Place Central Tower
Frequently asked questions
Is Northbank Place Central Tower residential or commercial?
Northbank Place Central Tower mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was Northbank Place Central Tower built?
Northbank Place Central Tower was completed in 2009.
How many floors does Northbank Place Central Tower have?
Northbank Place Central Tower has 16 floors above ground.
How many apartments are in Northbank Place Central Tower?
Northbank Place Central Tower has 196 homes. The national address file lists 262 unit addresses here, and some of those can be shops or offices.
Does Northbank Place Central Tower have parking?
The City of Melbourne records 202 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near Northbank Place Central Tower?
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 Northbank Place Central Tower?
The latest council census counted 6 businesses in Northbank Place Central Tower, including Care Park, Dominos Pizza Melbourne CBD and Fatboys Phillys.
Are there apartments for sale or rent in Northbank Place Central Tower?
See the residential listings on this page, or use the shortcuts to search 545-557 Flinders Street on realestate.com.au and Domain.
Is there office or retail space for lease in Northbank Place Central Tower?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built Northbank Place Central Tower?
Far East Consortium developed Northbank Place Central Tower, Ken Sowerby Architects designed it and L.U. Simon built it. The building team section has the sources.
How tall is Northbank Place Central Tower?
About 54 metres, measured from the City of Melbourne's 3D building model. It's number 268 of 1596 buildings in Melbourne by height.
What public transport is near Northbank Place Central Tower?
Southern Cross Railway Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Spencer St/Flinders St #1, about 1 minute's walk.
What is the planning zone for Northbank Place Central Tower?
The site is in the Capital City Zone - Schedule 1 (CCZ1).
Does Northbank Place Central Tower have an owners corporation?
Plan of subdivision PS549363 has 465 lots.
Has any work been done on Northbank Place Central Tower recently?
The City of Melbourne has issued 23 building permits for Northbank Place Central Tower since 2007. The most recent was in July 2023.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| Northbank Place Central Tower | Mixed use | — | 16 | 2009 |
| 546 Flinders Street | Mixed use | 63 m | 16 | 2004 |
| Northbank Place West Tower | Mixed use | 60 m | 18 | 2009 |
| Northbank Place East Tower | Commercial | 64 m | 11 | 2009 |
| Aura Apartments | Mixed use | 83 m | 26 | 2013 |
| Eifel Tower Apartments | Mixed use | 84 m | 30 | 2006 |
| 560 Flinders | Hotel | 79 m | 30 | 2016 |
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), 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)). Street View and business details © Google Maps.