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4.2-Rated Hotels Near Wool Exchange
Once the bustling former Melbourne Wool Exchange, this heritage building now thrives as a creative haven. The original red-brick walls still carry echoes of 19th-century trade, but today they frame art exhibitions, pop-up markets, and the rich aroma of artisan coffee. Walking through these spaces feels like time travel—past meets present, tradition dances with innovation, and old bricks tell stories of reinvention.
The Hotel Windsor
This hotel is located in Melbourne's CBD, just 100m from Parliament Station, making it super convenient! The rooms are well-equipped with ironing facilities and air conditioning, and the bathrooms come with hairdryers to help you unwind. The KUDO Bakery and One Eleven Café in the hotel are perfect for relaxation, and room service is also available. Nearby, popular restaurants like Sunda and Afternoon Tea In Melbourne are always buzzing. The hotel also features meeting rooms and a business center, ideal for business travelers. The staff can even arrange airport transfers—talk about thoughtful service!
Peppers Docklands Melbourne
Novotel Melbourne on Collins
This hotel is absolutely fantastic! Located in the heart of Melbourne on Collins Street, it's surrounded by luxury shopping and popular attractions, making it super convenient. The modern decor and 4.5-star comfort will impress you, and you can unwind at the pool or spa. Traveling with kids? No problem! They offer a kids' play area, children's meals, and family-friendly amenities, ensuring your little ones have a blast. Business travelers will love the meeting rooms and business center. Whether for family or work, this is your perfect choice!
The Escape in Southern Cross Station
Rendezvous Hotel Melbourne
Adina Apartment Hotel Melbourne
Atlantis Hotel Melbourne
Jasper Boutique Hotel
Best Western Plus Travel Inn Hotel
Adara Hotel Richmond
Best Western Queen Victoria Market Hotel
Oaks Melbourne Southbank Suites
Docklands Private Collection - City Harbour Apartments
Middle Park Hotel
Punthill Flinders Lane
Punthill Williamstown
Oaks Melbourne St Kilda Road Hotel
Pride Fawkner Apartments
Park Squire Motor Inn & Serviced Apartments
Melbourne Square Apartments
Frequently Asked Questions
Everything you need to know about Wool Exchange
The Langham Melbourne is a top choice, located just a short walk from the former Melbourne Wool Exchange. This luxury hotel blends Victorian-era architecture with modern elegance, offering exquisite rooms and exceptional service. Guests enjoy access to a Michelin-starred restaurant and are perfectly positioned to explore the historic site’s architectural grandeur and contemporary art exhibitions.
Yes, the former Melbourne Wool Exchange is centrally located near Flinders Street Station and multiple tram lines, making it highly accessible. A recommended route starts at Bourke Street Mall, walks through Bloom Street to the Royal Botanic Gardens, then along the Yarra River waterfront, passing cultural landmarks like the Melbourne Town Hall and St. Patrick's Cathedral, ideal for a 1.5-hour immersive cultural experience.
The site hosts rotating contemporary art exhibitions and design markets showcasing Melbourne’s creative energy. Join a guided tour by local experts to uncover its history as a 19th-century wool trade hub. On weekends, enjoy street food stalls and artisan coffee, blending culture, heritage, and urban lifestyle in a vibrant setting.
The Langham Melbourne is a top choice, located just a short walk from the former Melbourne Wool Exchange. This five-star hotel blends Victorian architecture with modern luxury, offering breathtaking city views and exceptional service. Guests enjoy panoramic vistas of Melbourne's skyline and historic landmarks from spacious rooms. With a Michelin-recommended restaurant and a serene spa, it's perfect for travelers seeking elegance and convenience in the heart of the city.
Take the free City Circle Tram, which stops at Melbourne Central Station and Melbourne Arts Centre Stop, just a 3-minute walk from the former Melbourne Wool Exchange. The tram offers a scenic, eco-friendly route connecting major attractions. Alternatively, walk or bike along the city’s green corridors—passing by the Royal Botanic Gardens and Flinders Street Station—for an immersive experience of Melbourne’s urban charm and heritage.
The building showcases Victorian Gothic architecture, with red brick façades, intricate stonework, and pointed arches crowned by a central tower. Inside, original timber beams and vaulted ceilings remain intact, reflecting its past as a bustling wool auction hall. Features like ornate iron gates and classic fireplaces have been preserved, offering a tangible connection to Melbourne’s 19th-century commercial legacy. The structure stands as a living monument to Australia’s trade history.
Try Lune Croissanterie, a world-renowned bakery just a 5-minute walk away, famous for its handcrafted croissants and salted caramel éclairs made with natural yeast and premium butter. For a more substantial meal, visit The Meat & Wine Bar, offering locally sourced beef and curated wines in a sophisticated setting. Both are nestled in the heart of Melbourne’s historic district, blending exceptional cuisine with rich cultural surroundings.
Staying nearby offers unmatched accessibility to key hubs like Melbourne Central Station, Flinders Street Station, and the Royal Botanic Gardens. The area buzzes with independent cafés, art galleries, and heritage buildings, creating a vibrant cultural atmosphere. Guests can easily attend local events, enjoy morning walks, or evening strolls through the historic district—perfect for immersing in Melbourne’s dynamic lifestyle and authentic urban charm.
Traveler Reviews
See what other travelers say about Wool Exchange
The Hotel Windsor
Staying at The Hotel Windsor in Melbourne was an absolute delight. The location is perfect—just a short walk from Chinatown and directly steps away from the metro station, making it incredibly convenient for exploring the city. The hotel itself has such a timeless elegance, and knowing that Queen Elizabeth once stayed here added a special touch. We even took a photo outside what’s believed to be her former room (see photo 3)—a real highlight! Breakfast was unexpectedly wonderful, with our family enjoying every bite. Daily housekeeping kept everything spotless, and the staff were consistently warm, welcoming, and attentive. It felt less like a hotel stay and more like being hosted by friends. This was a truly memorable experience, and I can’t wait to return.
Peppers Docklands Melbourne
Staying at Peppers Docklands Melbourne was an absolute highlight of my trip to Melbourne. The location is unbeatable—just a short walk from Marvel Stadium and Southern Cross Station, with trams right outside the door making public transport incredibly convenient. The room was spacious, clean, and well-appointed, with a modern, welcoming vibe. What really stood out was the value for money—this place offers premium comfort and accessibility without the premium price tag. I’d highly recommend it to anyone visiting Melbourne, especially those looking for a central, hassle-free stay in a vibrant area.
Novotel Melbourne on Collins
Staying at Novotel Melbourne on Collins was an absolute delight. The hotel itself is beautifully maintained—clean, well-lit, and thoughtfully designed with a modern touch. My room was spacious, quiet, and incredibly comfortable, making it the perfect place to unwind after a day exploring the city. The breakfast buffet was outstanding—plenty of variety, fresh ingredients, and delicious flavors. I especially loved the local avocado toast and freshly squeezed juices. Location-wise, it couldn’t be better—right in the heart of Melbourne’s CBD, just steps from shopping streets, restaurants, and public transit. Walking to the tram or train station was effortless, and everything I needed was within easy reach. For travelers who value comfort, convenience, and quality, this hotel delivers on all fronts. Highly recommend for both business and leisure stays.
Rendezvous Hotel Melbourne
Staying at Rendezvous Hotel Melbourne was an absolute delight. Just a 3-minute walk from Flinders Street Railway Station, getting to and from the city center is incredibly convenient—no need to worry about taxis or public transport schedules. While many tourists visit the station during the day for photos, I highly recommend coming back in the evening. The atmosphere changes completely with the lights, offering a more intimate and magical vibe. You might hear a faint train sound at night, but honestly, after a long day of travel, it didn’t affect my sleep at all. If you’re a light sleeper, consider requesting a higher floor or a room farther from the street. Overall, the location is unbeatable, the staff are friendly, and the value for money is excellent. I’d definitely stay here again.
Adina Apartment Hotel Melbourne
Staying at the Adina Apartment Hotel Melbourne was a fantastic experience overall. The room was spacious and well-designed, offering plenty of comfort and convenience. One of the highlights was having both a washing machine and dryer in the unit—huge plus for longer stays or when traveling with laundry needs. While breakfast wasn’t included, the hotel is surrounded by an amazing selection of cafés. I could grab a delicious morning coffee and pastry just steps away, which made the start of the day so enjoyable. The location is excellent—close to public transport and central Melbourne attractions. It’s a great balance of comfort, convenience, and value. Definitely a place I’d return to on future visits.
Atlantis Hotel Melbourne
Staying at this hotel was an absolute breeze—right next to the SkyBus stop that takes you straight to the airport in just about 30 minutes. That alone makes it a top pick for business travelers who need quick and easy access. The Southern Cross train station is literally steps away, making it super convenient to explore Melbourne and beyond. There’s also a wide variety of dining options right outside, so whether you’re craving local Aussie flavors or international cuisine, you won’t be disappointed. The room was clean, comfortable, and well-maintained, with friendly staff who went the extra mile. It’s rare to find such a great balance of location, convenience, and value—all in one place. If you're visiting Melbourne for work or leisure, this is definitely a go-to choice.
Jasper Boutique Hotel
Staying at Jasper Boutique Hotel in Melbourne was an absolute delight from start to finish. The moment you step into the hotel, you're greeted with a calm and elegant atmosphere that instantly puts you at ease. The staff are incredibly attentive and genuinely care about guest comfort—always smiling, helpful, and ready to assist with anything you might need. The room itself is spacious, immaculately clean, and thoughtfully designed with modern amenities including excellent Wi-Fi, a well-stocked minibar, and a cozy bed that made for a restful night’s sleep. Location-wise, it’s perfect—just a short walk to the train station and within easy reach of major attractions, shopping districts, and restaurants. Breakfast was a highlight: fresh, varied, and delicious. Overall, this place offers more than just a place to stay—it feels like coming home. Highly recommended for anyone visiting Melbourne, whether for business or leisure.
Best Western Plus Travel Inn Hotel
The hotel exceeded my expectations in every way—clean rooms, great location just a short walk from the city center, and excellent value for money. The staff were generally friendly and helpful, making the stay very enjoyable. However, I did have a negative experience with one front desk agent during check-in who was quite rude. This became even worse at checkout, where the tone was not only unfriendly but also somewhat offensive. It’s unfortunate because it overshadowed what was otherwise a fantastic stay. That said, the overall quality of the property and the positive aspects of the service still make me consider returning.
Adara Hotel Richmond
The location of Adara Hotel Richmond is incredibly convenient—just a short walk to the city center and surrounded by great dining options and local shops. I stayed for a few days and found the whole experience very comfortable and well-organized. The rooms were clean, the staff were friendly and helpful, and the overall value for money was excellent. I’d definitely stay here again and recommend it to anyone visiting Melbourne.
Best Western Queen Victoria Market Hotel
Staying here during the holiday season to visit my son's school was an absolute delight and exceeded all our expectations for a short getaway. The room was immaculate, with crisp white bedding that carried the fresh, sun-kissed scent of laundry left out in the breeze—so comforting and inviting. Every corner of the bathroom was spotless, even the trickiest spots you’d usually overlook. The kind, elderly couple who run the hotel go above and beyond—they greet every inquiry like a friend, offering warm, thoughtful responses that make you feel truly welcomed. Their attention to detail and genuine hospitality shine through in everything they do. Located just minutes from the city center via public transit, it’s convenient without being noisy. A perfect blend of comfort, cleanliness, and heartfelt service. I’d absolutely stay again and highly recommend this gem to anyone looking for a relaxing, authentic Melbourne experience.
Oaks Melbourne Southbank Suites
Staying at Oaks Melbourne Southbank Suites was an absolute highlight of my trip to Melbourne. The hotel is spotlessly clean, perfectly located right in the heart of Southbank—just steps away from restaurants, shopping, and cultural attractions. I loved how bright and airy the room was, with plenty of natural light flooding in throughout the day. It felt spacious and modern, ideal for both business travelers and tourists. The kitchenette was a game-changer—I could whip up meals without leaving the room, and the washing machine made packing light easy. The bathroom was well-designed, clean, and stocked with quality amenities. Staff were friendly and attentive, always ready to help. Whether you're here for work or leisure, this place offers comfort, convenience, and great value. I’ll definitely be coming back.
Docklands Private Collection - City Harbour Apartments
We stayed here for over 10 nights and absolutely loved every moment. The staff were incredibly friendly and welcoming, making us feel right at home from day one. The property was spotless and well-maintained throughout our entire stay—every detail showed care and attention. Located just a short walk from the city center, we had easy access to public transit, dining options, and shopping areas. The apartment-style rooms were spacious, modern, and fully equipped with everything we needed, including a kitchenette that made meal prep simple and convenient. Whether traveling for business or leisure, this place offers comfort, cleanliness, and great value. I’d highly recommend it to anyone visiting Melbourne.
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