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New $150m Boutique Hotel Announced for Melbourne’s Southbank

Melbourne's inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place, along with joint venture partners MaxCap Group, and Australia's TFE Hotels, will open a $150m boutique hotel in Southbank in September 2025.

Oakwood Premier Brand Debut in Melbourne, Victoria

Oakwood, the leading brand in hospitality management, has crossed the historic milestone of 10,000 keys across more than 62 operating properties worldwide with the opening of Oakwood Premier Melbourne in Victoria, Australia. A debut for the Oakwood Premier brand in Australasia, the new landmark is one of the tallest, single-purpose developments in Australia, soaring 140 metres and 40 storeys over the new central business district with inspiring views of the CBD and the Yarra River, South Melbourne, Albert Park and Port Phillip Bay.

Melbourne Hospitality Scene Grows, Welcoming Australia’s First Oakwood Premier

Oakwood expands its global hospitality portfolio, opening Australia's first Oakwood Premier property this October at 202 Normanby Road, Southbank, Melbourne. Pioneering the concept of serviced apartments for over 50 years now, Oakwood has established more than 80 properties globally, with Oakwood Premier Melbourne being the 10th Oakwood Premier property and first in Australia to open. This property is nothing like what the city currently offers, striking a fine balance between classic and contemporary design features. The impeccable facilities and thriving dining areas both have exquisite 360-degree views of Melbourne, overlooking Albert Park, Port Phillip Bay, the CBD and Williamstown, with each room bundling together luxury and comfort.

Oakwood Signs Oakwood Premier Melbourne

Oakwood®, a wholly owned subsidiary of Mapletree Investments ("Mapletree"), today announced its foray into the luxury hotel and serviced apartments segment in Australia with the signing of Oakwood Premier Melbourne. A testament to Oakwood's rapid expansion plan in Australia, this signing follows the recent announcement of Oakwood Hotel & Apartments Dandenong in April 2019. Scheduled to open in the first quarter of 2022, Oakwood Premier Melbourne will be the preferred serviced residential address for executive leaders along the prestigious Southbank of Melbourne city at Fishermans Bend.