Under Construction

First Light

First Light brings the Nu by YOO brand to Australia for the first time, a $180 million hotel and branded-residence building at 28 Albert Road in South Melbourne, facing the Domain parklands and the Royal Botanic Gardens and steps from the new Anzac Station.

Official Website
TMW IntelligenceVerified Oct 7, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
10.31.24
Start
2027
Completion
97
Keys
30
Units
26
Floors
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Details

28-32 Albert Road, Melbourne. 26 floors, 30 residences and 97 hotel keys. Broke ground October 2024, completing Q2 2027.

The story so far
Announced 2024 est.
Broke ground Oct 31, 2024DCF Property Group breaks ground on the $180M First Light project in Melbourne's Domain Precinct, with Ironside appointed builder
hotel-online.com
Under construction 2026 est.
Coming soon Aug 2026Structure complete and finishing out for an October 2026 completion, with the 97-key Nu by YOO hotel opening shortly after, so the tower is now within months of delivery
melbournebuildexpo.com
Expected opening Q2 2027
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
Supply pressure 27 · BalancedMelbourne marketMarket →
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About the project

First Light brings the Nu by YOO brand to Australia for the first time, a $180 million hotel and branded-residence building at 28 Albert Road in South Melbourne, facing the Domain parklands and the Royal Botanic Gardens and steps from the new Anzac Station. Developed by DCF Property Group with interiors from YOO Studio, the design house founded by Philippe Starck and John Hitchcox, the project pairs 97 hotel rooms with 30 privately owned residences in two, three and four-bedroom configurations. Residence owners draw on the hotel's concierge, housekeeping and facilities, blurring the line between apartment and suite. Shared amenities include a restaurant and bar, a gymnasium and a pool, with YOO's signature layered, characterful interiors setting the building apart from the restrained glass towers typical of the precinct. The parkland outlook and immediate tram and rail links place it between the Melbourne CBD and the bayside suburbs.

Developer & design
The Melbourne market 27 · Balanced supplyDomain Precinct 7-project pipeline · 2,045 residences and keys · peak Late ’28 Explore the market →
Common questions

Frequently asked

Where is First Light located?

First Light is located in Melbourne.

When will First Light be completed?

First Light is under construction, with completion expected in Q2 2027.

Who is developing First Light?

DCF Property Group is the developer behind First Light.

Who designed First Light?

First Light was designed by YOO Studio.

How big is First Light?

First Light rises 26 stories with 30 residences and 97 hotel keys.