Mandarin Oriental Melbourne · as announced by PDG
Australia’s first Mandarin Oriental residences.On the Yarra, directly opposite Crown.
Artist’s impressions · PDG
Levels on the Yarra
Residences
Hotel keys
Project, approved Aug 2026
Why THE ONE
An address. A brand. The timing.
The address
The riverfront site opposite Crown, dormant for 15 years until PDG bought it in 2024. There is no second one.
The brand
Mandarin Oriental Melbourne, as announced by PDG. Savills finds branded homes sell at a premium — 16% on average for luxury-hotel brands.
The timing
Approved August 2026. Victoria’s off-the-plan duty concession applies to contracts signed before 21 April 2027.
Designed by COX with ODO · Developed by PDG
Seen through our eyes
Scroll to open
1 Queens Bridge · Southbank
Seventy-one levels. One river address.
Artist's impression · PDG
Artist's impression · PDG
Hotel & branded residences · as announced by PDG
Mandarin Oriental. Australia's first.
Mandarin Oriental doesn’t open in a new country to be the next hotel. It opens to make a statement — and THE ONE is where it makes it in Australia.
Mandarin Oriental hotels worldwide
Branded residences worldwide
In Australia today
One night at Mandarin Oriental
Nightly rates as shown in PDG’s presentation (1 night, 2 adults; indicative). Melbourne average: CoStar. Hotel figures: Mandarin Oriental 2025 results. Subject to final agreements.
Singapore · 18 October 2026
We brought THE ONE to Singapore.
A private investor afternoon with PDG. Real guests, real conversations — filmed on the day.
Singapore · 18 Oct
Inside our private investor afternoon
Next · By invitation
Exclusive Singapore Preview
21–22 November 2026
11:00 AM & 2:30 PM
Mandarin Oriental Singapore · Garden Suite (L5)
Presented with PDG
Artist's impression · PDG
Artist's impression · PDG
The Residences
Four homes we'd pick first.
Hand-picked from PDG’s current release. Most buyers here qualify for Victoria’s off-the-plan duty concession — duty is charged on the dutiable value, not the full price.
23.11
A$810,000
One bed + study · 63 m²
The study is the work-from-home room tenants pay for.
Est. duty saving ~A$41,000
22.03
A$1,389,500
Corner two bed, two bath + car · 77 m²
City-corner light on two sides, with a car space.
Est. duty saving ~A$70,000
22.05
A$1,589,000
Waterfront two bed · 83 m² + 9 m² balcony
Crown Towers, the Yarra, Queens Bridge and the CBD skyline.
Est. duty saving ~A$78,500
Held for SB clients38.08
A$1,851,000
Level 38 river-view residence · 92 m²
Held for Solomon Bloom clients.
PDG price list, 2 October 2026 — subject to availability and change; not an offer. Floor plans: COX marketing plans. Duty savings are estimates from PDG dutiable values. Foreign buyers also pay the 8% FPAD surcharge on the full price.
The View
This is Level 38.
The real outlook from the tower’s viewline photography — Crown to the west, the river and city to the north.
West — Crown and the river
North — the Yarra and the CBD
Viewline photography supplied by PDG; indicative of the level, not of a specific residence.
Life Inside
Hotel service. Your own front door.
Pool
Spa
Sky bar
Residents’ lounge
Living
Bedroom
Artist’s impressions supplied by PDG; indicative only.
Momentum
Most of it is already spoken for.
Early buyers moved before the public launch. What’s left is concentrated in the mid-levels — which is where we’ve found the value.
of 507 residences sold
Upper levels — sold out
Avg resale gain at PDG’s Prima Tower next door
Sales: PDG, 20 Oct 2026. Prima Tower: 19 resales since completion, all above the off-the-plan price, compiled by PDG; past performance is not a guide to future returns.
Opposite Crown
Where Melbourne comes out at night.
Artist's impression · PDG
The Precinct
The neighbourhood is being rebuilt around it.
Crown’s biggest reinvestment in almost 30 years — next door
New restaurants & bars, incl. Mott 32 (2027)
The Fox — NGV Contemporary opens in the Arts Precinct, a short walk away
Crown Melbourne announcement, 22 Feb 2026. The Fox: Creative Victoria.
Location Map
A riverfront in the centre of it all.
1 Queensbridge Street, Southbank — beside Crown, on the Yarra, minutes from the new Metro Tunnel and the heart of Melbourne.
THE ONE
THE ONE
Mandarin Oriental hotel and residences at 1 Queens Bridge, on the Yarra opposite Crown.
THE ONE · Price List
Get the numbers before you decide.
- Current price list & floor plans
- Our picks from the remaining stock
- Duty and FIRB numbers for your budget
- Invitation to the Singapore preview
Questions