Melbourne's trophy roster is anchored by Rialto Towers, Bourke Place, 120 Collins Street.
Melbourne's trophy roster is anchored by Rialto Towers, Bourke Place, 120 Collins Street.
**Rialto Towers** (CBD West), ~990k sqft, completed 1986. Iconic blue-glass twin trophy; once Melbourne's tallest. **Bourke Place** (CBD West), ~870k sqft, completed 1991. BHP-anchored Bourke Street trophy. **120 Collins Street** (CBD East), ~540k sqft, completed 1991. Collins Street boutique trophy with Hoyts and EY anchorage. **Wesley Place 130 Lonsdale** (CBD North), ~540k sqft, completed 2023. Speculative Charter Hall trophy adjoining Wesley Church. **Melbourne Quarter Tower** (Docklands), ~590k sqft, completed 2024. Lendlease-developed waterfront trophy at Collins Wharf.
| city | Melbourne |
|---|---|
| country | Australia |
| region | APAC |
| classARentLocal | 720 AUD/sqft/yr |
| classARentUsd | $468/sqft/yr |
| vacancy | 18.4% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 14 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
| trophyBuildings | 5 |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.