Best for
- Extended stay travellers wanting self-contained apartment convenience in a heritage setting
- Business travellers seeking a Melbourne CBD base with kitchen and workspace
- Couples wanting heritage character at a more accessible price point
Treasury on Collins
A heritage-listed apartment hotel in a former bank building on Melbourne's Collins Street
Grand Victorian independence with apartment-style freedom
- Heritage-listed 1876 Bank of Australasia building with soaring ceilings and original architectural details
- Self-contained suites with full kitchens, living areas and washer/dryers for independent stays
- Complimentary buffet breakfast, afternoon wine down, and Netflix in every room
Heritage Hotel · Melbourne
The luxury case for Treasury on Collins.
Housed in a heritage-listed 1876 former Bank of Australasia building on Collins Street, Treasury on Collins offers spacious self-contained suites and apartments with full kitchens, living areas and laundry facilities. The property combines grand Victorian architecture with the independence of apartment-style accommodation, including complimentary breakfast, afternoon wine, and Netflix.
The mood
Grand Victorian independence with apartment-style freedom
Ideal stay
2 to 7 nights
Why it earns the rate
The Heritage Loft Apartments are exceptional: split-level spaces carved from the original banking hall with soaring double-height ceilings, mezzanine bedrooms and a sense of scale that no new-build hotel can match.
Treasury on Collins occupies a building with a story worth knowing. The heritage-listed former Bank of Australasia was built in 1876 on Collins Street, Melbourne's most prestigious address. The banking hall ceilings, the grand facade, the architectural details that define the building's character have all survived the conversion to accommodation, creating rooms with a sense of scale and history that no new-build hotel can offer.
What makes Treasury different from other heritage hotels is the apartment model. Every suite and apartment comes self-contained: full kitchens, living areas, washer/dryers and enough space to genuinely settle in. It is the independence of an apartment stay within the grandeur of a Victorian banking hall.
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Six room categories range from the Heritage Queen Suite at 30 sqm to the Heritage Two Bedroom Apartment at up to 95 sqm. The entry-level Queen Suites offer a laneway outlook, kitchenette and living area. Moving up, the Heritage King Suites add space at 40 to 45 sqm with king or twin configuration.
The standout rooms are the Heritage King Loft Apartments. These split-level spaces are carved from the original banking hall, with double-height ceilings that soar above the living area and a mezzanine bedroom reached by stairs. They are genuinely dramatic spaces that justify the trip alone. The Heritage Balcony Suites offer something different: a private balcony overlooking Collins Street.
Families or groups should look at the Heritage Two Bedroom Apartments: up to 95 sqm with two bedrooms, two bathrooms and a full kitchen.
The Bank Restaurant and Bar occupies the ground floor, serving meals and drinks within the heritage architecture. But the real value lies in the complimentary inclusions: a buffet breakfast each morning, an afternoon wine down where guests gather to sample Victorian wines, and Netflix in every room. These perks, available to direct bookings, elevate the stay without inflating the price.
With full kitchens in every room, guests on longer stays can also cook for themselves, with Melbourne's cafes, markets and restaurants all within walking distance.
Treasury on Collins sits in an interesting position. It is not competing with Melbourne's five-star luxury hotels on service or facilities. Instead, it offers something those hotels cannot: genuine heritage architecture from 1876, self-contained apartments with full kitchens, and a Collins Street address, all at a price point that represents outstanding value.
The Loft Apartments in particular are worth seeking out. Those double-height banking hall ceilings create rooms with a sense of occasion that no amount of interior design can replicate in a modern building. For extended stays, couples, or anyone who values independence over being waited on, Treasury on Collins is one of Melbourne's smartest choices.
Is It For You?
Is Treasury on Collins right for you?
Less ideal if
- Guests seeking a full-service luxury hotel with concierge, spa and room service
- Those wanting a modern, design-forward aesthetic
Atmosphere
Grand banking hall grandeur meets the practical comfort of a well-appointed apartment. Independent and self-directed.
Ideal stay
Long weekend (2-7 nights)
Why splurge
The Heritage Loft Apartments are exceptional: split-level spaces carved from the original banking hall with soaring double-height ceilings, mezzanine bedrooms and a sense of scale that no new-build hotel can match.
Rooms
Rooms & suites
Editorial pickThe Heritage King Loft Apartment for its dramatic double-height ceilings, mezzanine bedroom and the most memorable use of the heritage building's original banking hall spaces.
Heritage Queen Suite
The entry-level suite with queen bed, kitchenette, living area with sofa, washer/dryer and Netflix. A true Melbourne experience at the most accessible price point.
- Size
- 30-35 sqm
- View
- Laneway outlook
- Sleeps
- 2
- Best for
- Solo travellers or couples on a shorter stay
- Queen bed
- Kitchenette
- Washer/dryer
- Living area
Heritage King Suite
Located in the beautiful heritage building with king or twin bed configuration, kitchenette, washer/dryer and living area. A solid mid-range choice.
- Size
- 40-45 sqm
- View
- Heritage building views
- Sleeps
- 2
- Best for
- Couples wanting more space with king or twin bed flexibility
- King or twin configuration
- 40-45 sqm
- Heritage setting
- Kitchenette
Heritage One Bedroom Apartment
A genuine apartment with separate bedroom, full kitchen, living/dining area and washer/dryer. Ideal for extended stays where you want to settle in and live like a local.
- Size
- 60-65 sqm
- View
- Heritage building views
- Sleeps
- 2-3
- Best for
- Longer stays wanting a separate bedroom and full kitchen
- Separate bedroom
- Full kitchen
- 60-65 sqm
- Living/dining area
Heritage Balcony Suite
A generous suite with the bonus of a private balcony overlooking one of Melbourne's most prestigious streets. King bed, full kitchen, living area and washer/dryer.
- Size
- 55-60 sqm
- View
- Collins Street views from private balcony
- Sleeps
- 2-3
- Best for
- Guests wanting outdoor space overlooking Collins Street
- Private balcony
- Collins Street views
- Full kitchen
- 55-60 sqm
Heritage King Loft Apartment
The showpiece apartments carved from the original banking hall. Split-level design with soaring double-height ceilings, mezzanine bedroom, full kitchen and living area below. The most memorable rooms in the building.
- Size
- 65-75 sqm
- View
- Double-height heritage interiors
- Sleeps
- 2-3
- Best for
- Guests wanting the most dramatic heritage experience
- Double-height ceilings
- Mezzanine bedroom
- Split-level design
- 65-75 sqm
Heritage Two Bedroom Apartment
The most spacious option with two separate bedrooms, full kitchen, living/dining area and two bathrooms. Genuine apartment living in a heritage setting.
- Size
- 85-95 sqm
- View
- Heritage building views
- Sleeps
- 4-5
- Best for
- Families or groups wanting two separate bedrooms
- Two bedrooms
- Two bathrooms
- Full kitchen
- 85-95 sqm
Eat and Drink
Dining
The restaurants, bars, and rituals that shape how the hotel feels after the room itself.
Start here
The Bank Restaurant and Bar
An on-site restaurant and bar set within the heritage building, serving meals and drinks to guests and visitors.
- Go here for
- Dining within the architectural grandeur of the former Bank of Australasia
- Expect
- Heritage grandeur with relaxed hospitality
For quieter moments
Treasured Guest Lounge
A dedicated guest lounge area for relaxation and socialising.
- Go here for
- A quiet retreat within the heritage building
Then try
Complimentary Breakfast
A complimentary buffet breakfast is included for all guests staying direct.
- Go here for
- Included in the room rate when booking direct
For cocktails
Afternoon Wine Down
Complimentary afternoon wine service for all guests, a daily ritual to unwind.
- Go here for
- Free wine each afternoon as part of the book-direct perks
What to Do
Signature Experiences
The on-property or destination moments that justify choosing this hotel over a generic luxury base.
Any time
Heritage Building Tour
The 1876 Bank of Australasia building tells a story through its original architectural details, from the grand facade to the soaring banking hall ceilings that now house the loft apartments.
Late afternoon
Afternoon Wine Down
A complimentary daily wine service where guests gather to sample Victorian wines and socialise in the heritage lounge.
Location
Getting to Treasury on Collins
Flinders Street Station
5 min
walkFederation Square
10 min
walkMelbourne Airport (Tullamarine)
30 min
driveQueen Victoria Market
15 min
walkCollins Street
shoppingMelbourne's premier boulevard for luxury shopping, dining and heritage architecture. The hotel sits in the heart of it.
On the doorstepMelbourne Laneways
cultureThe city's famous network of laneways with hidden cafes, street art and boutique shopping.
Steps awayRoyal Botanic Gardens
natureMelbourne's premier green space, perfect for morning walks along the Yarra River.
15 min walkWhat to Know
Before you book
What are the check-in and check-out times?
Check-in from 3:00 pm, check-out by 11:00 am.
Is breakfast included?
Yes, complimentary buffet breakfast is included when booking direct.
Is parking available?
The hotel does not have on-site parking but can direct guests to nearby parking facilities.
Are the rooms self-contained?
Yes, all suites and apartments include kitchens or kitchenettes, living areas and washer/dryers.
Editorial Verdict
The verdict on Treasury on Collins
Why book it
- Genuine heritage building with original 1876 architectural details and soaring ceilings
- Self-contained apartments with full kitchens and laundry for independent stays
- Complimentary breakfast, afternoon wine and Netflix included in direct bookings
- Prime Collins Street location in the heart of Melbourne CBD
- Excellent value for the space and heritage character offered
Know the trade-offs
- Not a full-service luxury hotel with room service, spa or pool
- Heritage building means some rooms have compact or unusual layouts
- The apartment-hotel model may feel less pampered than a traditional luxury stay
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