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That's Built · Building report

QBE House

624-634 Bourke Street, Melbourne VIC 3000
Generated 8 November 2026
Commercial · Office
67 mheight
15floors
1989completed
7businesses
92permits

Development milestones

Planning application2019Planning application TP-2019-444 lodged
ApprovedApprovedPlanning permit granted (exact date not recorded)
Completed1989QBE House completed: 15 floors

Building team

Architect
Peddle Thorp
Builder
Kapitol Group
Project manager
Case Meallin
Owner
AFIAA Real Estate Investment
Owner
Bayley Stuart
Sales agent
Knight Frank

Planning & subdivision

Zone
CCZ1
Overlays
DDO1, DDO10, DDO12, PO1
Scores
🚆 9 · ☕ 7 · 🌳 7 · ✨ 8

Timeline

20261 building permit and 1 certificate · about $1.4m of new works
Largest: Level 13 (parts only) - Internal non structural alterations to parts of the existing office tenancy.
20254 building permits and 4 certificates · about $8.2m of new works
Largest: Level 4, 5 & 10 - Internal Non Structural Alterations to Parts of the Existing Office Tenancy - Defit (cold shell) Works to Levels 4 (part)
17 Jun 2024AFIAA sells 628 Bourke Street to Bayley Stuart for $115.12 million at a loss
Real Estate Source reported that AFIAA is selling 628 Bourke Street to local fund manager Bayley Stuart for $115.12 million, after spending about $215 million including refurbishment, a steep loss. AFIAA's own page says the building was sold in May 2024.
20241 building permit and 3 certificates · about $2.1m of new works
Largest: Level 9 - Internal non structural alterations to parts of the existing office
9 Mar 2023628 Bourke Street hits market via Knight Frank; building recently refurbished for about $35 million
Knight Frank was appointed to sell the 628 Bourke Street office tower through an international expressions of interest campaign. The article said the building, originally built in 1989, had recently been extensively refurbished with almost $35 million, including a new ground-floor lobby, retail activation, end-of-trip facilities and a full lift upgrade.
20232 building permits and 8 certificates · about $5.8m of new works
Largest: Stage 3 - Building works to level 1 and level 8, excluding building work in reference to 129 items related to GF and Mezzanine
20222 building permits and 2 certificates · about $1.9m of new works
Largest: Level 12 - Internal Alterations to Office Building
20213 building permits and 3 certificates · about $2.2m of new works
Largest: Stage 3 - Building works to level 1 and level 8, excluding building work in reference to 129 items related to GF and Mezzanine
20202 building permits · about $17.7m of new works
Largest: Stage 2 - External demolition of facade.
2019Planning application TP-2019-444 lodged
Derived from City of Melbourne Development Activity Monitor
4 Feb 2019QBE to move about 400 staff from 628 Bourke Street to Victoria Harbour
Lendlease announced that QBE would occupy about 6,000 square metres across three floors at 839 Collins Street, Victoria Harbour, and move about 400 employees from 628 Bourke Street by mid-2019.
20192 building permits and 1 certificate · about $2.6m of new works
Largest: Level 15 - Nokia Fit-out
20182 building permits and 2 certificates · about $946k of new works
Largest: Stage 2 - Remainder of Works
15 Jun 2017AFIAA to acquire 628 Bourke Street from M&G in asset swap
Trade press reported that AFIAA was understood to be acquiring 628 Bourke Street from M&G Real Estate for about A$180 million, in a deal linked to an M&G purchase of a Brisbane office tower. Market sources said the deals were not a straight asset swap.
20171 building permit and 1 certificate · about $1.5m of new works
Largest: Proposed upgrades to FIP & EWIS, Fire Damper and Condenser Water
20162 building permits · about $60k of new works
Largest: Level 14 - Tenancy Works to Existing Office Building
20157 building permits and 5 certificates · about $2.4m of new works
Largest: Level 12 & 13 - Alterations to, existing Office
20 May 2014Investa Office Fund agrees to sell 628 Bourke Street for $129.6 million
Investa Office Fund, then the owner, announced an agreement to sell the Melbourne office tower at 628 Bourke Street for $129.6 million, reflecting a 12% premium to forecast book value. The buyer is not named in the release.
20145 building permits and 4 certificates · about $3.2m of new works
Largest: Office alterations Levels 2, 6, 7, 8 & 13
20131 building permit and 1 certificate · about $120k of new works
Largest: Fitout alterations Ground tenancy
20123 building permits and 2 certificates · about $10.6m of new works
Largest: Alterations- Office fitout Levels 4 & 5
20113 building permits and 1 certificate · about $2.1m of new works
Largest: Alterations to an existing building Level 3
2010Council census records it as office, 16 floors
Name recorded: QBE House
20102 building permits and 2 certificates · about $262k of new works
Largest: Alterations and additions to existing data centre
20094 building permits · about $420k of new works
Largest: Office Fit-Out - Level 14
20084 building permits and 3 certificates · about $852k of new works
Largest: Alterations to a building - Ground Floor
20062 building permits and 2 certificates · about $211k of new works
Largest: Entry Foyer Alterations. Foyer alterations to an existing office building, ground floor.
20057 building permits and 2 certificates · about $2.4m of new works
Largest: Stage 2: Services
20044 building permits · about $404k of new works
Largest: Office partition fitout Level 9
20036 building permits and 2 certificates · about $4.7m of new works
Largest: Office fitout alterations to an existing building. Stage 1: Partition and workstations works. Levels 6, 7 & 8
20022 building permits and 1 certificate · about $900k of new works
Largest: Level 3 & 4 - Tenancy Fitout for Office Parititions
2002First council census entry: office, 16 floors
20013 building permits · about $175k of new works
Largest: alterations to Workcover offices/medical panel examination suites
20003 building permits · about $319k of new works
Largest: Internal alterations to ground floor
19994 building permits · about $64k of new works
Largest: Alterations to an existing office level 2 628 Bourke Street Melbourne
19982 building permits · about $550k of new works
Largest: Office fitout alterations to an existing building - level 6, 628 Bourke St, Melbourne
19971 building permit · about $65k of new works
Largest: Alterations to office Level 7
19961 building permit · about $240k of new works
Largest: Office fitout to Level 6
19951 building permit and 1 certificate · about $1.5m of new works
Largest: Fitout for Citipower Levels ground, 9, 10, 11 & 15
19941 building permit · about $47k of new works
Largest: Level 6 - Office Tenancy Fitout works together with subsequent alterations to the electrical, mechanical and sprinkler services for Telecom
1989QBE House completed: 15 floors
Derived from City of Melbourne building census (CLUE) 2024
1888The site on Mahlstedt's fire insurance plans
See what stood here in 1888, further down this page.
ApprovedPlanning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor

Building permits and certificates (139)

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.

11 Mar 2026Level 13 (parts only) - Internal non structural alterations to parts of the existing office tenancy.$1.4m
16 Jan 2026External Alterations to Office Building - Ground Floor Cafe Entry$56k
23 Dec 2025Internal Non Structural Alterations to Parts of the Existing Office (5) - Level 13 Office Defit (Cold Shell) Works$1.1m
25 Nov 2025Fitout of Offices - Level 10, Suite B$1.0m
03 Nov 2025Fitout to Office and Tenancy Split - Level 10$356k
27 Oct 2025Level 9 Tenancy A - Internal Non Structural Alterations to Office$9k
23 June 2025Level 4, 5 & 10 - Internal Non Structural Alterations to Parts of the Existing Office Tenancy - Defit (cold shell) Works to Levels 4 (part) , 5 & 10 only$3.8m
23 June 2025Level 4 and 10 - Internal non structural alteration to parts of the existing office$928k
04 June 2025Internal alterations to an existing building - V Line Constrol & DRS Upgrade Works - Stage 1: All works excluding mechanical facade louvres$976k
25 Feb 2025Internal alterations to an existing building - V Line Constrol & DRS Upgrade Works - Stage 2 - Mechanical works$976k
08 Nov 2024Level 9 - Internal non structural alterations to parts of the existing office$1.4m
13 June 2024Level 11 - All Building Works (Replacement of existing sprinkler system with a gas suppression system within the IT Equipment Room)$98k
05 Apr 2024Level 15 - Internal Tenancy Split and Alterations$142k
07 Mar 2024Stage 2 - Completion of Works$500k
15 Dec 2023Stage 1 - Proposed Installation of Generator & Switchboard for V/Line on Level 1 Mezzanine Including Running Appropriate Cables to Level 11$500k
22 Sept 2023Upgrade Works to Lifts, Cars 1-8$2
19 Sept 2023Stage 3 - Building works to level 1 and level 8, excluding building work in reference to 129 items related to GF and Mezzanine$17.7m
19 Sept 2023Stage 4 - Remainder of works in relation to mezzanine level. To capture the requirements of 129 and change of use.$17
23 Aug 2023Change of use$500
03 July 2023Shop T05 - Internal alteration works to an existing retail tenancy$185k
16 June 2023Installation of sliding door within GL15 Corridor$133k
05 May 2023Level 9 - Internal demolition works$2.1m
02 May 2023L1 - Alterations to existing building$825k
07 Mar 2023Remainder of works, make good internal tenancy on level 9$2.1m
30 Aug 2022Level 7 - Fitout of office$488k
13 Apr 2022Level 12 - Internal Alterations to Office Building$1.4m
20 Jan 2022Level 12 - Internal Alterations to Office Building$1.4m
14 Jan 2022Stage 4 - Remainder of works in relation to mezzanine level. To capture the requirements of 129 and change of use.$17
06 Dec 2021Back to base building works$800k
22 Sept 2021Stage 3 - Building works to level 1 and level 8, excluding building work in reference to 129 items related to GF and Mezzanine$17.7m
03 Sept 2021Stage 1 - Ground, levels 1, 2 and 8 refurbishment. Internal demolition and construction of lift lobby and tenant spaces finishes, including services (excludes structural works).$17.7m
18 Aug 2021Stage 2 - Office Tenancy$931k
16 July 2021Level 1 Building Surveying Services – Back to Base Building$248k
22 Feb 2021Internal alterations to office building.$219k
15 Oct 2020Stage 2 - External demolition of facade.$17.7m
10 June 2020Stage 1 - Ground, levels 1, 2 and 8 refurbishment. Internal demolition and construction of lift lobby and tenant spaces finishes, including services (excludes structural works).$17.7m
13 Dec 2019Level 15 - Nokia Fit-out$1.0m
24 Oct 2019Stage 2 - Fitout Works to Levels 2, 3 and 6$780k
30 Aug 2019Stage 1: Demolition & Architectural work$780k
27 July 2018Stage 2 - Alterations to Level 6 (Part) - Change of Builder$80k
01 June 2018Stage 2 - Remainder of Works$866k
15 Feb 2018Level 15 - Proposed Demolition and Alterations to Amenities, Lobbies & Tenancy.$105k
12 Feb 2018Level 6 Tenancy Fitout$80k
29 Aug 2017Level 11 & 14 - Proposed Alterations to Amenities and Lobbies$600k
22 Mar 2017Proposed upgrades to FIP & EWIS, Fire Damper and Condenser Water$873k
19 Aug 2016Level 14 - Tenancy Works to Existing Office Building$40k
24 Mar 2016Level 11 - Proposed alterations to existing office tenancy$20k
18 Nov 2015Level 10 - Base Building Refurbishment of Lobby and Amenities at Level 10$275k
29 Oct 2015Stage 2 - Deletion of an existing door$104k
16 Oct 2015Ground Floor Fitout / Alterations to an existing office Momentum Energy$302k
16 Oct 2015Ground Level Tenancy 1 & 2 - Tenancy Split$95k
14 Oct 2015Level 12 & 13 - Alterations to, existing Office$1.0m
05 Aug 2015INSTALLATION OF ELECTROMAGNETIC HOLD OPEN DEVICES TO LEVEL 8$4k
24 July 2015Ground floor, internal alterations to Office Office$120k
14 July 2015Alterations to existing office$25k
09 July 2015Level 1 - Internal alterations and fit-out$446k
06 July 2015Level 15, Office fit out$5k
30 Apr 2015Stage 2 - Level 10 -Alterations and Fit-Out Works to Kinetic IT - Remaining Services Works$86k
06 Mar 2015Level 10, Alterations and Fit-Out Works to Kinetic IT - Excluding Services Works$43k
07 Nov 2014Internal office fitout alterations, Levels 12 & 13$875k
01 May 2014Office fit out to Level 15$5k
11 Apr 2014Level 11 628 Bourke Street Fit-out to existing office tenancy$150k
10 Apr 2014Staircase Services fire rating 628 BOURKE STREET$2k
31 Mar 2014Stage 2: Balance Of Fitout Works - Levels, G, 1, 7 & 8 Offices and Education Facility Fitout Works$800k
24 Mar 2014Level 9, Fitout Victorian Institute of Teaching$1.1m
12 Mar 2014Alterations to existing office tenancy- Rear ground floor & Mezzanine$234k
07 Mar 2014Stage 1: Architectural Compoenent - Levels, G, 1, 7 & 8 Offices and Education Facility Fitout Works$800k
13 Feb 2014Office alterations Levels 2, 6, 7, 8 & 13$4.4m
09 Sept 2013TENANCY ALTERATIONS TO GROUND FLOOR 04$24k
03 Sept 2013Fitout alterations Ground tenancy$96k
14 Nov 2012Tenancy fitout alterations to an existing building Level 3 & 7$1.2m
21 Sept 2012Tenancy Fitout - Level 2 & 6$4.1m
06 Aug 2012Internal office fitout alterations, Levels 12 & 13$1.2m
26 Apr 2012Chiller replacement$850k
29 Mar 2012Alterations- Office fitout Levels 4 & 5$4.4m
21 Dec 2011Alterations to an existing building Level 3$1.5m
21 Dec 2011Alterations to Commercial Building Level 14$20k
24 Mar 2011Office alterations on level 1 at 628 Bourke Street$567k
18 Feb 2011Internal demolition works parts level 1,3,4,5,& 9 offices$3k
25 Nov 2010Alterations and additions to existing data centre$230k
22 Nov 2010OFFICE FITOUT TO LEVEL 15$7k
30 Sept 2010Level 13 office fitout (First Aid room)$25k
24 Feb 2010Internal Partition Fitout to Level 15$15
01 Dec 2009Alterations to existing building$190k
12 May 2009Partition fitout to Level 15$5k
27 Apr 2009Alterations to Office Partitions Level 1$15k
23 Apr 2009Office Fit-Out - Level 14$210k
12 Dec 2008Alterations to a building - Ground Floor$384k
23 May 2008VLine Workspace Alterations. Alterations to an Existing Building - Office Fitout, Level 10 & Level 11.$168k
20 Mar 2008Refurbishment of Toilets All Parts Level 14$80k
12 Mar 2008Proposed office partition alterations to Existing Tenancy Level 13.$50k
15 Feb 2008Alterations to existing office building$0
14 Feb 2008Office partition alterations to existing tenancy Level 8. Stage 1: Demolition and partitioning works.$100k
05 Feb 2008Office fitout on level 11, 628 Bourke Street, Melbourne$70k
21 Nov 2006Entry Foyer Alterations. Foyer alterations to an existing office building, ground floor.$82k
04 Sept 2006Interior office fitout on the ground floor$69k
18 Apr 2006Victorian Workcover Authority - office fitout alterations to an existing building ground floor (part)$60k
26 Mar 2006New advertising signage on building$25k
18 Nov 2005Office alterations$80k
10 Nov 2005Fitout$591k
08 Nov 2005alterations$32k
31 Oct 2005Ground Floor - office partition fitout to existing tenancy.$555k
06 Sept 2005level 4 624-634 bourke st melb. Office fitout refurbishment-level 4.$100k
25 July 2005Office fitout to Levels 10 and 11 Stage 1$500k
21 July 2005Office partition alterations on level 6$141k
14 July 2005Stage 2: Services$900k
28 June 2005proposed office fitout$30k
06 Oct 2004Office partition fitout Level 9$350k
09 Sept 2004Internal alterations - Remove break glass alarm$15k
11 June 2004Construct rooftop screens to existing office building.$9k
25 Feb 2004Alteration to building. Internal office fitout Level 15$30k
18 Dec 2003Internal Alterations to an existing building - Level 13$500k
02 Dec 2003Office fitout Level 2$1.0m
15 Aug 2003Office partition alterations level 14$59k
23 May 2003Level 15 fitout$350k
23 May 2003Office fitout alterations to an existing building. Stage 1: Partition and workstations works. Levels 6, 7 & 8$2.2m
13 May 2003office alterations - Level 12$385k
22 Apr 2003Internal alterations Level 3$25k
07 Apr 2003Internal alterations Level 8- Stage 1$171k
02 Dec 2002Internal Alterations to existing building Disabled WC/Shower Room. 4/628 Bourke Street, Melbourne$20k
19 July 2002Level 3 & 4 - Tenancy Fitout for Office Parititions$800k
12 Mar 2002Level 14 Office Fitout Internal Alerations$80k
17 Apr 2001removal - fire hydrant hoses all levels.$5k
22 Mar 2001alterations to Workcover offices/medical panel examination suites$100k
25 Jan 2001grnd & lvl 10 office fit out$70k
16 May 2000FITOUT OFFICES COMPUTER ROOM$9k
03 Apr 2000Internal alterations to ground floor$310k
01 Mar 2000Installation of alarm signalling equipment$190
17 Dec 1999Removal of fire alarm on level 4$500
31 Aug 1999Level 7, alteration to office$8k
16 Aug 1999Alterations to an existing office level 2 628 Bourke Street Melbourne$36k
03 May 1999Tenancy alterations on level 13 at 628 Bourke Street Melbourne$20k
29 Oct 1998Office fitout alterations to an existing building - level 6, 628 Bourke St, Melbourne$500k
05 May 1998Partition fitout on ground floor$50k
24 Oct 1997Alterations to office Level 7$65k
23 Feb 1996Office fitout to Level 6$240k
21 July 1995Fitout for Citipower Levels ground, 9, 10, 11 & 15$1.5m
12 July 1995Internal fitout to tenancy - office$8k
18 July 1994Level 6 - Office Tenancy Fitout works together with subsequent alterations to the electrical, mechanical and sprinkler services for Telecom Property Services.$47k

Questions and answers

Is QBE House residential or commercial?
QBE House is a commercial building. The City of Melbourne lists its main use as office.

When was QBE House built?
QBE House was completed in 1989.

How many floors does QBE House have?
QBE House has 15 floors above ground.

What businesses are in QBE House?
The latest council census counted 7 businesses in QBE House, including Academies Australasia Polytechnic Pty Limited, Gentrack Pty Ltd and Great Southern Bank.

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

Who designed and built QBE House?
Peddle Thorp designed QBE House and Kapitol Group built it. The building team section has the sources.

How tall is QBE House?
About 67 metres, measured from the City of Melbourne's 3D building model. It's number 202 of 1596 buildings in Melbourne by height.

What public transport is near QBE House?
Southern Cross Station is the nearest train station, about 3 minutes' walk. The nearest tram stop is Spencer St/Bourke St #1, about 1 minute's walk.

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

Has QBE House been sold?
In 2014 Investa Office Fund agreed to sell QBE House for $129.6 million. In 2017 AFIAA was set to acquire it from M&G in an asset swap, and in March 2023 it was put on the market through Knight Frank.

Has any work been done on QBE House recently?
The City of Melbourne has issued 92 building permits for QBE House since 1994. The most recent was in March 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); 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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