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That's Built · Building report

Southbank Central Apartments

1-13 Balston Street, Southbank VIC 3006
Generated 8 November 2026
Mixed use · Residential Apartment
153 mheight
48floors
2017completed
487homes
13permits

Development milestones

Planning application2007Planning application TPM-2007-21/B lodged
ApprovedBy 2015Planning permit granted (exact date not recorded)
Construction startedDec 2015First major construction permit issued
First occupantsJul 2017First occupancy permit issued
CompletedBy Dec 2017Southbank Central Apartments completed: 48 floors

Building team

Developer
Central Equity
Architect
bell+fisher architects
Builder
Multiplex
Leasing agent
MICM
Sales agent
Central Equity

Planning & subdivision

Zone
CCZ3
Overlays
DDO1, DDO10, LSIO4, PO1
Strata plan
PS735895 · 779 lots
Scores
🚆 5 · ☕ 7 · 🌳 9 · ✨ 4

Timeline

20261 building permit · about $200k of new works
Largest: Chingu Korean BBQ - Change Of Use From Class 5 Office To Class 6 Restaurant
2019Council census records it as residential apartment, 49 floors
Name recorded: Southbank Central Apartments
20199 building permits · about $1.3m of new works
Largest: Soho Apartments - Change of Use - Tenancy 4
16 Dec 2017Multiplex completes Southbank Central for Central Equity
Multiplex completed the 48-level Southbank Central tower for Central Equity, which the article describes as a $300 million residential project comprising 485 apartments over a six-level podium with retail, car parking, a pool and a gym. The article said the building was delivered on time.
By Dec 2017Southbank Central Apartments completed: 48 floors
Derived from apartments.com.au (The Urban Developer content)
Jul 2017First occupancy permit issued
Derived from City of Melbourne building permits
2017Council census records it as unoccupied - under construction, 49 floors
201719 certificates · about $150k of new works
Largest: Variation - Additional Hose Reel to Tenancies 3 and 4 - Conditional
20161 building permit
Largest: Stage 12 - Facade Levels 1-17, Excluding WL-56/57 Curtain Wall - Conditional
By 2015Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
Dec 2015First major construction permit issued
Derived from City of Melbourne building permits
17 Nov 2015Multiplex appointed to build 48-level Southbank Central tower
Central Equity appointed Brookfield Multiplex to build the 48-level, $130 million tower at 1-13 Balston Street, with 485 apartments and completion scheduled for the second half of 2017. The appointment was described as Brookfield Multiplex's 15th project for Central Equity.
20152 building permits · about $149.0m of new works
Largest: Stage 3 - Pile caps, lower ground and ground slab, lift pit
2013First council census entry: office, 2 floors
2007Planning application TPM-2007-21/B lodged
Derived from City of Melbourne Development Activity Monitor

Building permits and certificates (32)

Each cost is the estimate on that record. Stages of a project often repeat its full value, so these don't add up to what was spent.

23 Jan 2026Chingu Korean BBQ - Change Of Use From Class 5 Office To Class 6 Restaurant$200k
30 Oct 2019Soho Apartments - Change of Use - Tenancy 4$1.3m
24 May 2019Southbank Central - Internal Alterations - Tenancy 3$10k
24 May 2019Southbank Central - Internal Alterations - Tenancy 4$10k
24 May 2019Southbank Central - Internal Alterations - Tenancy 5$10k
24 May 2019Southbank Central - Internal Alterations - Tenancy 6$16k
27 Mar 2019Soho Apartments - Change of Use - Tenancy 3$6k
27 Mar 2019Soho Apartments - Change of Use - Tenancy 4$6k
27 Mar 2019Soho Apartments - Change of Use - Tenancy 5$6k
27 Mar 2019Soho Apartments - Change of Use - Tenancy 6$6k
28 Sept 2017Stage 11 - PT Slabs Levels 8 - 46$120.2m
28 Sept 2017Stage 12 - Facade Levels 1-17, Excluding WL-56/57 Curtain Wall - Conditional$120.2m
28 Sept 2017Variation - Additional Hose Reel to Tenancies 3 and 4 - Conditional$149.0m
26 Sept 2017Tenancy 1, Ground Floor - Internal Alterations - Final$150k
21 Sept 2017Stage 6 - VERTICAL ELEMENTS: LEVEL 6 TO ROOF AND PT SLABS: UPPER GROUND AND LEVEL 1 CONDITIONAL$120.2m
21 Sept 2017Stage 7 - Steelwork and PT Slabs Levels 2 and 3 - Conditional$120.2m
06 Sept 2017Stage 14 - Facade Levels 18-45$120.2m
06 Sept 2017Stage 16 - Variation - Ground Floor Lobby - Conditional$120.9m
25 Aug 2017Stage 10 - PT Slabs Levels 6 - 7 and Blockwork Walls$120.2m
25 Aug 2017Stage 11 - PT Slabs Levels 8 - 46$120.2m
25 Aug 2017Stage 15 - Architectural$120.8m
25 Aug 2017Stage 8 - Service - Conditional$120.2m
23 Aug 2017Stage 13 - PT Slabs Levels 47, LMR and Roof$120.2m
23 Aug 2017Stage 16 - Facade levels 46 and 47$120.8m
23 Aug 2017Stage 9 - PT Slabs Levels 4 and 5 - Conditional$120.2m
10 Aug 2017Stage 15 - Architectural$120.8m
26 July 2017Stage 2 - Piling$120.2m
26 July 2017Stage 4 - Inground Services$120.2m
26 July 2017Stage 5 - Core and Stair Wall Elevations up to level 6$120.2m
20 July 2016Stage 12 - Facade Levels 1-17, Excluding WL-56/57 Curtain Wall - Conditional$120.2m
08 Dec 2015Stage 3 - Pile caps, lower ground and ground slab, lift pit$120.2m
10 Aug 2015New Building$850k

Questions and answers

Is Southbank Central Apartments residential or commercial?
Southbank Central Apartments mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Southbank Central Apartments built?
Southbank Central Apartments was completed in 2017.

How many floors does Southbank Central Apartments have?
Southbank Central Apartments has 48 floors above ground.

How many apartments are in Southbank Central Apartments?
Southbank Central Apartments has 487 homes. The national address file lists 521 unit addresses here, and some of those can be shops or offices.

What size apartments are in Southbank Central Apartments?
The City of Melbourne's development record lists 1 studio, 336 1 bed, 169 2 bed and 51 3+ bed apartments. The built numbers may differ a little.

Does Southbank Central Apartments have parking?
The City of Melbourne records 258 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Southbank Central Apartments?
The median unit price in Southbank was $580,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.

What businesses are in Southbank Central Apartments?
The latest council census counted 1 business in Southbank Central Apartments, including Central Equity.

Are there apartments for sale or rent in Southbank Central Apartments?
See the residential listings on this page, or use the shortcuts to search 1-13 Balston Street on realestate.com.au and Domain.

Is there office or retail space for lease in Southbank Central Apartments?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built Southbank Central Apartments?
Central Equity developed Southbank Central Apartments, bell+fisher architects designed it and Multiplex built it. The building team section has the sources.

How tall is Southbank Central Apartments?
About 153 metres, measured from the City of Melbourne's 3D building model. It's number 14 of 190 buildings in Southbank by height.

What public transport is near Southbank Central Apartments?
Flinders Street Station is the nearest train station, about 11 minutes' walk. The nearest tram stop is City Rd/Kings Way #116, about 2 minutes' walk.

What is the planning zone for Southbank Central Apartments?
The site is in the Capital City Zone - Schedule 3 (CCZ3).

Does Southbank Central Apartments have an owners corporation?
Plan of subdivision PS735895 has 779 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Southbank Central Apartments recently?
The City of Melbourne has issued 13 building permits for Southbank Central Apartments since 2015. The most recent was in January 2026.

Sources: City of Melbourne building permits (CC BY 4.0); CLUE building information (CC BY 4.0); CLUE business establishments (CC BY 4.0); CLUE residential dwellings (CC BY 4.0); Development Activity Monitor (CC BY 4.0); Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). General information from public records, not legal, financial or building advice.

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