Located at 2 Chifley Square, its cross streets are Hunter, Phillip and Bent Streets with the main entry being on Phillip Street. Due to its prominent location at the peak in the north-east CBD, the Tower has broad harbour views from its 42 storeys. The tower is used primarily for commercial use, mostly financial institutions, law firms and corporations.
A 3-metre (9.8 ft) lightning rod was added in 2000, extending its original height from 241 metres (791 ft) to 244 metres (801 ft). To stop the tower from moving in the wind a giant steel pendulum weighing 400 long tons (450 short tons) is held from eight 75-millimetre (3.0 in) wires near the rooftop. The tower is named after former Australian Prime MinisterBen Chifley.