Young thrill seekers are risking their lives for the perfect 'selfie' on top of abandoned malting silos in Melbourne.

Five teenagers were spotted on top of Melbourne's iconic Nylex clock silos off Gough St, Cremorne, as recently as Monday, sparking fears someone could soon plummet to their death.

'They were doing the same thing last week, doing poses and taking pictures, they're going to kill themselves,' nearby resident Barry Nathan told The Herald Sun.

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Thrill seeking teenagers are risking their lives to get the perfect Instagram shot on top of Melbourne's abandoned Nylex clock malting silos

Five teenagers were spotted on top of Melbourne's iconic Nylex clock silos off Gough St as recently as Monday, sparking fears someone could soon plummet to their death

Young thrill seekers are risking their lives for the perfect 'selfie' on top of abandoned malting silos in Melbourne

A 19-storey apartment tower with a rooftop bar has been proposed for the disused silos.

Owner and developer Caydon has tried a number of methods to stop break-ins, including security patrol and perimeter fencing, but people are still finding their way through.

A spokesperson for Caydon said the developer discourages 'this sort of illegal behaviour.'

Police said they received a number of calls from concerned residents about the thrill seeking teenagers on Monday.

'Police received numerous calls regarding a group of teenagers observed on top of the silos in Cremorne about 12.45pm today,' a Victoria Police spokesperson said in a statement.

'Police members attended however the group had left the area.'

The Nylex clock is a large neon sign sitting above the malting silos built in the 1960's. The landmark is visible from many parts of Melbourne including the Melbourne Cricket Ground.

A 19-storey apartment tower with a rooftop bar has been proposed for the disused silos