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 lightning rod was added in 2000, extending its original height from 241m to 244m. To stop the tower from moving in the wind a giant steel pendulum weighing 400 tonnes is held from 8×75 mm wires near the rooftop. The tower is named after former Australian Prime MinisterBen Chifley.