Great Southern Bank joins Goldfields House

17 March 2023

One of Australia’s largest customer-owned banks, Great Southern Bank, will relocate its Melbourne headquarters from the CBD to the city fringe after signing up to join the diverse and growing group of tenants at Goldfields House.

Great Southern Bank will occupy 1,123sqm on Level 13 at Goldfields’ new $400m, 24-level commercial tower at 627 Chapel Street – the first high-rise commercial property to be unveiled in South Yarra in over 30 years.

The seven-year lease will see Great Southern Bank relocate more than 100 staff from 628 Bourke Street, Melbourne.

Megan Keleher, Chief Customer Officer at Great Southern Bank, said: “Goldfields House provides us with a positive work environment that’s been purpose designed for our team. It’s a great workplace, offering collaborative spaces and technologies that will help us to better serve our ever-growing customer base. Ultimately, it will help promote a work culture that focuses on the needs of our team members as they support our customers.”

Great Southern Bank joins a dynamic group of tenants including myDNA, SICE ANZ, Oreana Property Group, Aston Commercial and James Phillips Design.

“We’re thrilled to welcome Great Southern Bank to the growing group of leading local and global businesses who now call Goldfields House home,” Lachlan Thompson, Goldfields CEO, said. “Goldfields House offers an innovative office space for future-focused businesses moving into the growing city-fringe office market, as well as an opportunity for tenants who have traditionally resided within the South Yarra precinct to upgrade their accommodation.”

The Great Southern Bank deal was negotiated by JLL’s Joshua Tebb and Sam Torrance.

Mr Tebb said Goldfield’s House offers a high standard of office space, amenity and finishes.

“The building has high quality features such as hotel quality end of trip facilities including biometric scanner and cardio machines, e-bike and e-scooter charging stations and parcel delivery lockers,” he said. “Then there is the business lounge accessible to all tenants, a full-time on-site concierge, an upcoming rooftop bar and restaurant and a signature ground floor bar and restaurant.

“Furthermore, the building’s proximity to a train station less than 200m away as well as three hotels and world class food and beverage nearby added to the appeal that a move to South Yarra offers.

“The bank will occupy and control their own whole floor, and the versatile, 1100sqm side core enables them to create an exceptional flowing and collaborative workplace for their team members.”

Mr Tebb said there was now very limited space remaining at Goldfields House, with strong competition and several tenants missing out recently.

“With limited new developments coming online in the next 12-18 months across the market, this is now the last chance for occupiers to secure space in this premium office development,” he said.

GSB’s move comes hot on the heels of restaurateur Cam Northway’s announcement of the concept for Beverly Rooftop, a 500sqm restaurant and bar at Goldfields House with uninterrupted 180-degree views of Melbourne’s city skyline, Port Phillip Bay Peninsula and beyond.

Inspired by the effortless ‘cool’ of LA rooftops, Beverly Rooftop will be an immersive indoor-outdoor space that epitomises understated luxury and showcases local produce.