← Back to 550 Bourke Street
That's Built · Building report

550 Bourke Street

550 Bourke Street, Melbourne VIC 3000
Generated 8 November 2026
Commercial · Office
95 mheight
19floors
2008completed
25businesses
50permits

Development milestones

Construction startedJan 2007First major construction permit issued
First occupantsJul 2008First occupancy permit issued
Completed2008550 Bourke Street completed: 19 floors

Building team

Developer
Cbus Property
Builder
Brookfield Multiplex
Architect
Bates Smart
Architect
SJB Architects
Architect
NH Architecture
Owner
GPT Group
Co-owner or investor
GPT Wholesale Office Fund

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, PO1
Strata plan
PS617351 · 2 lots
Scores
🚆 8 · ☕ 7 · 🌳 8 · ✨ 8

Timeline

20261 building permit · about $193k of new works
Largest: Level 13 - Alterations to an existing building.
20251 building permit and 2 certificates · about $689k of new works
Largest: Tenancy fitout of Cafe (6(a))
2024Council census records it as office, 21 floors
Name recorded: 550 Bourke Street
20241 building permit and 4 certificates · about $2.7m of new works
Largest: Fitout for a change of use from a gym to an office - Stage 1: Services Rough-in, Flooring & Frame
20234 building permits · about $1.1m of new works
Largest: Alterations to existing building - mezzanine lobby upgrade works
20228 building permits and 6 certificates · about $20.9m of new works
Largest: Stage 3 - Level 8 - Tenancy 2 office fit-out
2021Council census records it as unoccupied - unused, 21 floors
Name recorded: 550 Bourke Street
20212 building permits and 2 certificates · about $7.2m of new works
Largest: Stage 3 - Remainder of fitout works
20201 building permit · about $139k of new works
Largest: Alterations to Level 7 Lobby
20191 certificate · about $32k of new works
Largest: Retail Tenancy Fitout to Tenancy TG14
20172 building permits · about $90k of new works
Largest: Level 4 - Mechanical Ventilation Alterations
20161 certificate · about $367k of new works
Largest: Level 8 - Office tenancy fitout
4 Sep 2014GPT Group and GPT Wholesale Office Fund buy CBW complex from Cbus Property for $608.1 million
GPT Group and GPT Wholesale Office Fund each bought a 50 per cent interest in the CBW complex, which includes 550 Bourke Street, from Cbus Property for $608.1 million. GPT said it would fund its share with debt.
20145 building permits · about $1.2m of new works
Largest: Stage 3: Level 14, 15, 16 & 18- Fire Services
20113 building permits and 2 certificates · about $1.8m of new works
Largest: Stage 2: Forethought research tenancy fitout (fire hydrant).
2010Council census records it as office, 21 floors
Name recorded: 550 Bourke Street
20104 building permits and 4 certificates · about $5.5m of new works
Largest: Stage 3: Level 3 & 4 fitout. Fitout of 2 levels of offices - Deakin University.
20096 building permits and 4 certificates · about $3.8m of new works
Largest: Alterations to a building. Levels 7-19. Stage 5: Deloitte External Sky Signage.
2008550 Bourke Street completed: 19 floors
Derived from City of Melbourne building census (CLUE) 2024
Jul 2008First occupancy permit issued
Derived from City of Melbourne building permits
2008Council census records it as unoccupied - under construction, 21 floors
Name recorded: 550 BOURKE STREET - CBW Stage 2
20082 building permits and 2 certificates · about $22.6m of new works
Largest: Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 20: Structural amendments to Level
Jan 2007First major construction permit issued
Derived from City of Melbourne building permits
20075 building permits · about $197.4m of new works
Largest: Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 19: Goldsbourgh Lane canopy steelw
31 Oct 2006Planning permit amendment lets 550 Bourke Street become an all-office tower
Cbus Property said the original permit for 550 Bourke Street was for a mix of office and hotel, and that the Victorian government had approved an amendment. The tower was to become an A-grade office building of about 25,500 square metres.
10 Jan 2006Cbus Property plans 18-storey office tower at 550 Bourke Street in place of hotel and offices
Cbus Property announced it would develop an 18-storey office building at 550 Bourke Street on the corner of William Street. The company's chief executive confirmed approval to drop the hotel from the earlier plans.
2006Council census records it as unoccupied - under construction, 1 floors
Name recorded: JETSET HOUSE
20041 building permit · about $45k of new works
Largest: Internal upgrade works including emergency ligthing, exit signage ,door hardware & reconnection of sprinklers
2002First council census entry: unoccupied - under renovation, 14 floors
20001 building permit · about $190 of new works
Largest: installation of alarm signalling equipment
19991 building permit · about $20.0m of new works
Largest: Conversion of an existing 15 storey office building into a 240 room hotel
19981 building permit · about $500 of new works
Largest: Removal of fire hydrant

Building permits and certificates (77)

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.

13 May 2026Level 13 - Alterations to an existing building.$193k
24 Oct 2025Replacement of EWIS panel$139k
22 Apr 2025TG.22 - Proposed alterations to existing retail tenancy$250k
15 Jan 2025Tenancy fitout of Cafe (6(a))$300k
13 Nov 2024Fitout for a change of use from a gym to an office - Stage 1: Services Rough-in, Flooring & Frame$1.8m
29 Oct 2024Mazzanine Level - Change sliding door to swing door$10k
13 Sept 2024Level 19 - Internal Fit-Out Works$298k
11 July 2024Level 13 - Internal Office Alterations for Zendesk$677k
11 July 2024Level 13 - Internal Office Alterations for Zendesk (Stage Two - To Completion of All Works)$677k
06 Nov 2023Level 13 - Alterations to Level 13 to create secure lift lobby$30k
19 Oct 2023Mezzanine - Alterations to existing building & addition of male/female amenities$437k
30 May 2023Alterations to existing building - mezzanine lobby upgrade works$491k
17 Feb 2023L6 & L7 - Alterations to existing building - acoustic upgrades$99k
22 Dec 2022Stage 4 - Level 8 - Balance of works$2.3m
12 Dec 2022Stage 2: Fit Out Works - Level 9 - Alterations to existing Office$525k
10 Oct 2022Level 14 - Alterations to existing Office$2.6m
30 Sept 2022Level 14 - Refurbishment of existing amenities and alterations to lobby areas$492k
26 Sept 2022Level 6 - Alteration to offices$90k
14 Sept 2022Stage 4 - Level 8 - Balance of works$2.3m
07 Sept 2022Level 9 - Internal Office Fitout for HLB Mann Judd$2.3m
03 Aug 2022Stage 2 – Balance of Works$2.5m
01 Aug 2022Stage 3 - Level 8 - Tenancy 2 office fit-out$3.0m
06 July 2022Level 8 - Tenancy Split and Three (3) Office Fit out Works$1.4m
19 May 2022Level 5 - Alterations to existing Office$900k
11 Mar 2022Level 3 - Tenancy split and speculative fit-outs.$2.5m
10 Mar 2022Level 12 - Proposed Office Fitout - Stage 2 - Balance of works.$1.9m
10 Feb 2022Alterations to Existing Lift Lobbies and Bathrooms on 9 Levels$2.9m
26 July 2021Level 5-7 - VESDA Relocation - Fire Services Upgrade$19k
25 June 2021Stage 3 - Remainder of fitout works$6.5m
04 Mar 2021Stage 2 - BAE Fitout. Alteration of an existing building$6.5m
09 Feb 2021Level 11 - Alterations to an existing building.$716k
12 Nov 2020Alterations to Level 7 Lobby$139k
01 Feb 2019Retail Tenancy Fitout to Tenancy TG14$32k
10 Nov 2017Level 4 - Mechanical Ventilation Alterations$45k
13 Feb 2017Level 1, Lobby Refurbishment - 550 Bourke Street$45k
14 Dec 2016Level 8 - Office tenancy fitout$367k
17 Oct 2014Stage 3: Level 14, 15, 16 & 18- Fire Services$537k
13 Oct 2014Stage 2: Internal Fit-Out Excluding Fire Services$537k
10 Oct 2014Level 14, 15, 16 & 18 Hoarding works$537k
03 Oct 2014Level 7 Internal Alterations$124k
18 Sept 2014Level 7, Internal office alterations.$47k
18 Nov 2011Services alterations to Server room$348k
28 June 2011Stage 2: Forethought research tenancy fitout (fire hydrant).$749k
16 June 2011Internal alterations Level 11$200k
06 May 2011TENANCY FITOUT TB02$230k
08 Feb 2011Deloitte Forensic Upgrade work / Internal office alteration at Level 19, 546-560 Bourke Street, Melbourne$290k
17 Nov 2010Minor office alterations$28k
25 Aug 2010Stage 3: Level 3 & 4 fitout. Fitout of 2 levels of offices - Deakin University.$5.0m
06 Aug 2010Fitout - JLL Office$405k
13 July 2010Fitout of 2 levels of offices - Deakin University$15k
24 June 2010Exit door relocation$10k
11 June 2010South Pacific Health Club- Construction of New Suspended Ceiling to Cardio Training Room 2$0
13 May 2010Construction of internal shop fitout - TM Vogue Shop TG21 (CBW Retail Corner)$70k
12 Jan 2010EWIS panel alterations$23k
17 Dec 2009Alterations to a building. Levels 7-19. Stage 5: Deloitte External Sky Signage.$22.5m
07 Dec 2009Brazilian Butterfly - Internal fitout - Shop TM05$95k
19 Nov 2009Proposed office fitout and alterations to existing building Level 6$332k
13 Oct 2009(Part) Level 6 - Office inter-tenancy wall$33k
15 May 2009Alterations to level 7 - 19, 550 Bourke Street MELB$16.9m
22 Apr 2009Fitout to office Level 7$800k
21 Apr 2009Office fitout Level 1 - all works exluding fire brigade issues$2.4m
20 Apr 2009Alterations to a building. Fire services excluding Levels 7 & 11.$16.9m
24 Feb 2009Fire services - Fire Hydrant Shortfalls$2.4m
04 Feb 2009Internal fitout (Rice & Rolls) Shop TG08$125k
12 Dec 2008Alterations to a building. Levels 10 & 11 and Level 9 Main Server Room, all works excluding MFB issues.$16.9m
01 Dec 2008Tenancy fitout of shop T622 - The Chocolate Box 546 Bourke Street MELB$90k
31 July 2008Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 2: Excavation and site retention to 550 Bourke St. and Goldsbrough Lane.$150.0m
07 Feb 2008Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 20: Structural amendments to Level 20.$197.4m
13 Dec 2007Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 19: Goldsbourgh Lane canopy steelwork.$197.4m
02 Nov 2007Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 18: 550 Bourke St.: Level 12 to upper roof including slabs, beams & steelwork.$197.4m
30 Oct 2007Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 17: 550 Curtain wall (Podium and Tower).$197.4m
09 Oct 2007Construction of a new building, 550 Bourke Street office building commercial development lot 1 & 2. Stage 16: Architectural & services.$197.4m
16 Jan 2007Construction of a new building, 538 Bourke Street office building commercial development lot 1 & 2. Stage 7: Structural steelwork. Office building, ground and mezzanine level, Levels 1-4, 28 roof level.$150.0m
25 Mar 2004Internal upgrade works including emergency ligthing, exit signage ,door hardware & reconnection of sprinklers$45k
06 July 2000installation of alarm signalling equipment$190
11 Aug 1999Conversion of an existing 15 storey office building into a 240 room hotel$20.0m
27 Aug 1998Removal of fire hydrant$500

Questions and answers

Is 550 Bourke Street residential or commercial?
550 Bourke Street is a commercial building. The City of Melbourne lists its main use as office.

When was 550 Bourke Street built?
550 Bourke Street was completed in 2008.

How many floors does 550 Bourke Street have?
550 Bourke Street has 19 floors above ground.

What businesses are in 550 Bourke Street?
The latest council census counted 25 businesses in 550 Bourke Street, including Accuraco Pty Ltd, Anytime Fitness Melbourne CBD and Chilangos.

Is there office or retail space for lease in 550 Bourke Street?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built 550 Bourke Street?
Cbus Property developed 550 Bourke Street, NH Architecture designed it and Brookfield Multiplex built it. The building team section has the sources.

How tall is 550 Bourke Street?
About 95 metres, measured from the City of Melbourne's 3D building model. It's number 126 of 1596 buildings in Melbourne by height.

What public transport is near 550 Bourke Street?
Flagstaff Station is the nearest train station, about 5 minutes' walk. The nearest tram stop is Bourke St/William St #5, about 1 minute's walk.

What is the planning zone for 550 Bourke Street?
The site is in the Capital City Zone - Schedule 1 (CCZ1).

Does 550 Bourke Street have an owners corporation?
Plan of subdivision PS617351 has 2 lots.

Who bought 550 Bourke Street and for how much?
In September 2014, GPT Group and GPT Wholesale Office Fund bought the CBW complex, which includes 550 Bourke Street, from Cbus Property for $608.1 million.

Was 550 Bourke Street always planned as an office tower?
In January 2006, Cbus Property planned an 18-storey office tower on the site in place of a hotel and offices. In October 2006, a planning permit amendment allowed 550 Bourke Street to become an all-office tower.

Has any work been done on 550 Bourke Street recently?
The City of Melbourne has issued 50 building permits for 550 Bourke Street since 1998. The most recent was in May 2026.

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.

Suggest a correction

Something wrong or missing? Tell us what it should say. We check every suggestion before changing anything.

By sending, you agree to the contributor terms. See how we handle your details in the privacy policy.