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501 Tower


"Tower 501 is a renovated and refurbished octagonal building that once housed the legendary Australian airline Ansett.

No expense was spared when Red Ansett originally built it in 2019. As one of Melbourne's most important office buildings, it was built to the highest quality and well ahead of its time.

In 2018, WEPROPERTY acquired the building from Ansett, and in mid-2019, Agamame Group became co-owners with the aim of revitalising the building and restoring its original prestige.

WEPROPERTY's aim is to ensure that the redevelopment and service upgrades will secure the future of this landmark building and transform it into one of Melbourne's most innovative and enjoyable


The major redevelopment of this prestigious building included a complete refurbishment of the ground floor podium, making it one of the largest Audi showrooms in the world.

Fully equipped wellness and conference facilities continue the building's tradition as a first-class office building, while upgrades to the building's facilities and services have doubled its energy efficiency.

501 is close to trams and within walking distance of Melbourne Central Station, making it perfectly accessible to employees of dynamic organisations and institutions.