QVM - Residence and Hotel
93-129 Therry Street, Melbourne VIC 3000
- 133 m tall · #75 in Melbourne
- 39 floors
- 490 homes
- 81 hotel rooms
- 7 businesses
- 158 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 ↗ |
| Book a stay | — | — | booking.com ↗expedia.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
4 years standing
Built in 5 mths
- 2018Planning application
- Aug 2021Construction started
- 2022Completed
- TodayStill standing
6 building permits · 5 news storiesFull timeline ↓
About QVM - Residence and Hotel
QVM - Residence and Hotel is an apartment tower of 39 floors above ground with 490 homes, next to the Queen Victoria Market in Melbourne. It also has a hotel in the podium and a roof height of 133 m. Developed by PDG Corporation and designed by Bates Smart, it was completed in 2022.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 2022
- Height
- 133 m Unconfirmed ?We don't have data to 100% confirm this data point as yet.
#75 of 1596 in Melbourne - Floors
- 39
- Footprint
- 2,901 m²
- Homes
- 490
- Architect
- Bates Smart
- Builder
- Mirvac
- Hotel rooms
- 81
- Businesses
- 7
- Car spaces
- 158
- Strata plan
- PS826416 · 3 lots
- Planning zone
- CCZ1
- Permits on record
- 6
Score cards
State Library Station 4 min walk · 8 tram stops within 400 m
83 cafés, 39 grocers, 0 medical within 250 m
99 street trees within 150 m · park 126 m away
8,730 people pass daily nearby · 34 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
1, 2 and 3+ bedroom apartments. The council's record lists 362 homes against the 490 counted here, so it may cover more than one building.
🚗 158 residential car spaces recorded at this property. 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 QVM - Residence and Hotel.
Location & neighbourhood
Getting around
Train station4 min · 360 m
Train station5 min · 386 m
Tram stop1 min · 116 m
Tram stop3 min · 204 m
Tram stop4 min · 296 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 QVM - Residence and Hotel
7 businesses recorded in the City of Melbourne's latest business census.
Kombu Qvm Pty Ltd
Lovey Patisserie Cafe / X Playground
Mansae
Operator San
Publique Bakery
Romanello
Veriu QVM
Looking for space in QVM - Residence and Hotel?
Timeline
Everything that has happened at QVM - Residence and Hotel: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDPO11Planning controlHO7Heritage Overlay: a permit is needed to demolish or change the outside of heritage placesPO1Parking 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
- PS826416
- Lots on the plan
- 3
- Owners corporation
- Yes (common property)
- Building permits on record
- 6
- Estimated cost of works
- About $95.9m
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 QVM - Residence and Hotel in public forums and groups, and reviews left here.
Summaries describe what's discussed; they aren't our view or a statement of fact, and we don't name posters. The discussions belong to their sites.
Resident & tenant reviews
No reviews of QVM - Residence and Hotel 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 QVM - Residence and Hotel
Frequently asked questions
Is QVM - Residence and Hotel residential or commercial?
QVM - Residence and Hotel mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was QVM - Residence and Hotel built?
QVM - Residence and Hotel was completed in 2022.
How many floors does QVM - Residence and Hotel have?
QVM - Residence and Hotel has 39 floors above ground.
How many apartments are in QVM - Residence and Hotel?
QVM - Residence and Hotel has 490 homes. The national address file lists 490 unit addresses here, and some of those can be shops or offices.
What size apartments are in QVM - Residence and Hotel?
The City of Melbourne's development record lists 1 bed, 2 bed and 3+ bed apartments. The built numbers may differ a little.
Does QVM - Residence and Hotel have parking?
The City of Melbourne records 158 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
Does QVM - Residence and Hotel have hotel or student accommodation?
The City of Melbourne records 81 hotel rooms at QVM - Residence and Hotel.
What do apartments cost near QVM - Residence and Hotel?
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 QVM - Residence and Hotel?
The latest council census counted 7 businesses in QVM - Residence and Hotel, including Kombu Qvm Pty Ltd, Lovey Patisserie Cafe / X Playground and Mansae.
Are there apartments for sale or rent in QVM - Residence and Hotel?
See the residential listings on this page, or use the shortcuts to search 93-129 Therry Street on realestate.com.au and Domain.
Is there office or retail space for lease in QVM - Residence and Hotel?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built QVM - Residence and Hotel?
PDG Corporation developed QVM - Residence and Hotel, Bates Smart designed it and Mirvac built it. The building team section has the sources.
How tall is QVM - Residence and Hotel?
About 133 metres, measured from the City of Melbourne's 3D building model. It's number 75 of 1596 buildings in Melbourne by height.
What public transport is near QVM - Residence and 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 QVM - Residence and Hotel?
The site is in the Capital City Zone - Schedule 1 (CCZ1). It's also under a Heritage Overlay (HO7).
Does QVM - Residence and Hotel have an owners corporation?
Plan of subdivision PS826416 has 3 lots and common property, which means it is managed by an owners corporation.
Has any work been done on QVM - Residence and Hotel recently?
The City of Melbourne has issued 6 building permits for QVM - Residence and Hotel since 1997. The most recent was in June 2024.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| QVM - Residence and Hotel | Mixed use | — | 39 | 2022 |
| Market Way | Student accommodation | 53 m | 39 | — |
| Stargate Apartment Complex | Mixed use | 58 m | 11 | 2001 |
| Jasper Hotel | Hotel | 52 m | 9 | 1975 |
| Narrm Ngarrgu | Commercial | 60 m | 10 | 2022 |
| Gurrowa Place | Mixed use | 109 m | 49 | — |
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.