Overlooking the Yarra River, Albert Park and Port Phillip Bay, the lavish $150 million, 40-storey property stands at a whopping 140m tall and is one of the tallest single-purpose built structures in Australia.

The five-star ‘hybrid development’ boasts 392 luxurious abodes: 132 hotel rooms and 260 apartments, including studios, one and two-bedroom spaces.

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The property’s new signature restaurant Fifth will offer modern Australian cuisine with a Pacific Rim influence.

Fifth will be helmed by Executive Chef Kaustav Pandey, formerly of Taj Hotels India and P&O Cruises.

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The Fifth menu spotlights local produce, with modern dishes like baked Murray Cod with seared scallops and Davidson Plum; and tender chicken breast with butter poached asparagus, braised lentil and jus gras.

New rooftop venue Sky Bar Melbourne is slated to open later in the year and promises expansive 360-degree views just ~ perfect ~ for after work drinks.

Oakwood Premier Melbourne is located at 202 Normanby Road, Southbank. For more info and to book head to www.oakwood.com/premier-melbourne

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