ABC News reports that the platform was extended to a height of about three storeys. The elevated platform suddenly malfunctioned and fell several metres before stopping mid-air.
One of the men was slightly injured.
Aerial pictures show the three men clinging on to the platform, perched at a precarious angle high up in the air, waiting to be rescued.
7 News Melbourne shared these dramatic pictures on Twitter:
This video of the rescue operation in progress was tweeted by their reporter on the ground:
Update: all three men have now been rescued. pic.twitter.com/a3UBDpQDCx— Joanna Crothers (@jocrothers) May 30, 2017
"One man has an arm injury...The other two were taken to hospital for observation," The Sydney Morning Herald reports an ambulance spokesperson as saying.
According to local media reports, all three men are in stable condition. The incident is being investigated. Click for more trending news