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The Olsen

637-641 Chapel Street, South Yarra VIC 3141, Australia

4.3 (1096)
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Function Venue

80 Seated
300 Standing
The Olsen is a five-star boutique hotel offering in South Yarra. It’s suits are adorned with the lyrical work of revered Australian landscape artist and Archibald Prize winner, Dr John Olsen.As you walk in, expect breathtaking murals and sculptures, with large prints in all hallways and suites. Aside from the excellent taste in art though, the Olsen boasts a gorgeous array of accommodation, and function venues for all manner of events.The Olsen boasts a courtyard and poolside contemporary function space. There are also three versatile gallery spaces for cocktail events, and the sophisticated yet breezy Spoonbill Restaurant and Bar downstairs.The Olsen is located on the South Yarra end of bustling, vibrant Chapel Street. Surrounded by trams and with South Yarra train station just around the corner, it’s also conveniently placed to quickly arrive in the city, Richmond, Prahran, and Toorak. Of course, it’s also within strolling distance of some excellent shopping.

The Olsen Function Rooms

11 Spaces Available At This Venue
The John Olsen Penthouse

The John Olsen Penthouse

Perfect space for day meetings, dinners or cocktail parties with lots of natural light and views of the city skyline.

80
Price on Request
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Gallery IV

Gallery IV

Gallery IV - is especially noteworthy, a space drenched in sunlight and surrounded by floor to ceiling glass walls (and amazing views).

Price on Request
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Gallery 3

Gallery 3

The Gallery Rooms at the Olsen are a collection of separate spaces, all stylish, elegant, and rather filled with great artwork (naturally). The first three are able to be be combined in order to make one 85 square meter function room.The fo...

Price on Request
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Gallery 1

Gallery 1

The Gallery Rooms at the Olsen are a collection of separate spaces, all stylish, elegant, and rather filled with great artwork (naturally). The first three are able to be be combined in order to make one 85 square meter function room.The fo...

Price on Request
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Spoonbill

Spoonbill

70
100
Price on Request
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Spoonbill
Dare

Dare

Price on Request
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Courtyard and Poolside

Courtyard and Poolside

The Olsen's Poolside Area is located on level one - within a unique space overlooking a glass bottom pool. An al fresco function venue with designer decor, the Poolside Area is great for summertime cocktail parties, corporate Christmas part...

300
Price on Request
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Gallery Rooms

Gallery Rooms

The Gallery Rooms at the Olsen are a collection of separate spaces, all stylish, elegant, and rather filled with great artwork (naturally). The first three are able to be be combined in order to make one 85 square meter function room. ...

80
Price on Request
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Dare

Dare

The Olsen's Penthoouse is often called the "John Olsen Penthouse" - a stylish, refined, elegant penthouse, it's a fitting tribute to the hotel's namesake.The Penthouse is located on the 14th floor of the hotel, and boasts sweeping view...

14
30
Price on Request
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The Lake Eyre Penthouse

The Lake Eyre Penthouse

The premium penthouse at The Olsen. Great for small day meetings or evening cocktail events. Includes an awesome outdoor deck, plunge pool and spa pool. Also has one bedroom so you can even stay in the room after your event (subject to avai...

60
Price on Request
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Google iconReviews for The Olsen

Mister Ming profile photo

Mister Ming

April 13, 2025

Great location. Service is friendly and hospitable. Rooms are spacious however differ from the photos. Spa isn't available unless one has a penthouse. The pool is not outdoors and is quite small. The photos are far better than the actual product. Cleanliness could be better.

Jake S profile photo

Jake S

March 15, 2025

I really enjoyed my stay. the hotel is welcoming from the moment you enter the glass doors. staff were very friendly and helpful. rooms super clean, good size, functional. I liked the balcony too. South Yarra is a fantastic area and the Olsen is perfectly located. loved the swimming pool.

M M profile photo

M M

March 16, 2025

The overall experience was disappointing from start to finish. Upon arrival, the staff appeared unkempt and lacked basic professionalism or courtesy, making the check-in process feel purely transactional rather than welcoming. There was no warmth, hospitality, or effort to make guests feel valued. This was particularly frustrating given my previous interactions with the property, which had already left me unimpressed. Unfortunately, the in-person experience only reinforced my concerns. The room itself was in need of maintenance and refurbishment. The shower had an overwhelming, unpleasant stench, making it uncomfortable to use. Additionally, the basin was visibly peeling, adding to the overall sense of disrepair. Considering the nightly rate for the F1 weekend exceeded $750, the level of service and quality fell far below expectations. At this price point, guests should expect a well-maintained room, professional staff, and a seamless, enjoyable stay. Instead, the experience felt like a complete letdown, failing to justify the premium pricing.

Olivia D'Argenio profile photo

Olivia D'Argenio

March 30, 2025

Our wedding suite. We booked a penthouse room for our wedding. We got ready there the morning of, stayed there the night of, and the rest of the weekend. No request was too difficult for the staff there. We were met with incredible service. We needed extra tables for the stylists, champagne glasses brought up to us, the beds made in the morning prior photos being taken, and all these requests were fulfilled in a timely manner. We were even given sparking wine in the lobby (which I think is a regular experience for guests). Our room was spacious and clean and the location of the hotel is great. We couldn't fault our stay. We will definitely be back. Liv & Mitch.

Kate Buzari profile photo

Kate Buzari

December 31, 2024

I’ve stayed at The Olsen many times now and yet again have just had an exceptional experience. The staff are always so professional and helpful. The location is amazing. The hotel itself is lovely. I stayed in a room with a balcony and was so imprsssed at how much room there was on the balcony, I spent a lot of my time out there! The room was lovely, warmly inviting, plenty of room. The bathroom was a little tired, with some mould obvious in the grouting around the shower - that’s literally the only negative thing I could say about my stay. I will definitely be back!


Frequently Asked Questions


Amenities & Extras

Food & Beverage

Bar Tab

Audio Visual Equipment (AV)

Microphone
Projector
TV

Other Amenities & Extras

Accessible
Dance Floor
External Music or DJ
On-Site Parking
Smoking Area
WiFi

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