GPT opens 51 Flinders Lane, reshaping Melbourne's East End
The $555 million two-tower development adds around 27,500 m² of A-grade office space and links to 8 Exhibition Street through a new laneway.
The GPT Group has opened 51 Flinders Lane, its $555 million office development in Melbourne's East End, with technology company Firmus and outdoor advertising group JCDecaux among its first tenants.
The project is made up of a 14-level North Tower and a 39-level South Tower, delivering around 27,500 m² of A-grade office space and about 1,000 m² of hospitality. It holds a WiredScore Platinum rating for its digital connectivity.
Who has signed
Firmus has taken a whole floor on Level 14, and JCDecaux a whole floor on Level 9 on a 10-year lease. Data centre group AirTrunk is also setting up its first Melbourne office in the precinct.
One precinct with 8 Exhibition Street
A new laneway connects 51 Flinders Lane to GPT's neighbouring tower at 8 Exhibition Street, so the two buildings work as one East End commercial precinct. Demand there has been strong too: GPT reports that wealth manager Insignia Financial has committed to a 10-year lease across 8,400 m² at 8 Exhibition Street. Ground-floor hospitality across the precinct is due to open progressively from late 2026.
What it means for tenants
For businesses weighing a move into the CBD's East End, the precinct adds new A-grade floors close to Parliament and Flinders Street stations, with the dining and amenity that larger tenants now expect. You can see current space at 51 Flinders Lane and 8 Exhibition Street, or compare office space for rent in Melbourne. Enquiries through Sidespace are free for tenants.
