Located in the heart of the financial sector, Bank Place features many pre-war buildings dating from the 1860s to the 1920s.

Bank Place is home to several bars, cafes, and eateries that serve many of the nearby office workers.

The Mitre Tavern is a historic pub established in 1868 and remodelled in the Queen Anne style between 1900 and 1910.

Mitre Tavern was a popular 'bohemian' hangout for many of Australia's most prominent artists of the early twentieth century, alongside the neighbouring Savage Club.

The current Melbourne Savage Club premises, located at 12-16 Bank Place, were built in 1884-85 for Australia's first baronet Sir William Clarke.