Now Selling

623 Collins
State Bank House

Melbourne

Introduction
Materials in focus
Fruits of our Labour
A Sense of Place

Few addresses in Melbourne carry the historical weight and prestige of Collins Street, and even fewer offer the chance to connect with the past while looking towards the future. 623 Collins symbolises a new architectural chapter for the city. One that honours design legacy while embracing renewal. Rising above a storied foundation, the former State Savings Bank of Victoria is a collection of refined residences and world-class amenities. Brought to life through the shared vision of Sterling Global, Plus Studio, and Fiona Lynch, 623 Collins is a gesture of timeless elegance and contemporary design. The architecture and interiors foster a dialogue with the past, where every detail and material has been carefully considered. Designed to exceed expectations, this residential offering provides a rare opportunity for those seeking effortless and elevated living along Melbourne’s most iconic street.

Address 623 Collins Street, Melbourne

Architecture Plus Studio

Interior Design Fiona Lynch Office

Builder  TBC

Developed by    Sterling Global

Project Website

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Materials in focus

Interior design office, Fiona Lynch, has designed each space to include material contrasts that honour heritage and embrace contemporary style. This approach pairs bold textures with refined finishes, creating interiors that feel distinctly local yet worldly and sophisticated. Tactile surfaces balance restrained finishes, while traditional artisanal elements ground the interiors in modern design thinking.

Level 6, The Riley Club, Residents Lounge.

Residential Ground Floor Lobby / Concierge.

Each residence features contrasting materials, which reflect the site’s layered history. Here, warm textures are offset by sleek, contemporary surfaces. This interplay creates depth without excess, richness without ostentation. This vision preserves the building’s longstanding character while providing a distinctly contemporary backdrop, ensuring each home feels simultaneously timeless yet of the moment.

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The Penthouse Collection Living Room.

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The Penthouse Collection Kitchen.

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The Reserve Residences Living Room.

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The Reserve Residences Kitchen.

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Heirloom Residences Kitchen.

Fruits of our Labour

Behind every thoughtfully realised space is the seamless interplay between intent and creation. Here, collaborators reveal how their thinking has shaped each space and the experience of living within them.

“623 Collins Street will complete the revitalisation of the western CBD end of Collins Street with a high-quality mixed-use development that is in line with CBD’s shift towards becoming a multi-use destination at the heart of transport networks with access to a wide range of amenities, as well as cultural, sporting and educational institutions,”

Brandon Yeoh, Director, Sterling Global

A Sense of Place

At the intersection of Collins and Spencer stands a building of quiet distinction – an enduring example of architectural ambition. Known for its Renaissance Palazzo designs and Greek Revival influences, these design details established the site as one of architectural significance for more than a century.

As the former State Savings bank of Victoria, this corner building emerged from a pivotal moment in the state’s financial evolution. Established in 1896, the bank served a growing population eager to save and invest, helping families purchase homes, and becoming part of everyday life. Following Melbourne’s post-Gold Rush transformation, the bank’s commission became a strategic symbol of economic independence for the state.

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Corner of Spencer and Collins Streets, ca. 1945, photograph by Charles Daniel Pratt.

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State Savings Bank, looking towards Spencer Street Station from Collins Street, 1951.

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Pedestrians on the corner of Spencer Street and Collins Street, 1964, City of Melbourne Art and Heritage Collection.

Throughout this period, Collins Street transformed into the cultural heart of Melbourne, where artists and retailers brought the city to life each day and night. By the 1950s, prestige retail, live theatre, and café culture had sealed Collins Street’s identity as a place to see and be seen. Today, 623 Collins honours this legacy through refined residences that embrace the best of the past and the present.