🏬 Mixed useResidential ApartmentCompleted 2015

Southbank Grand

141-155 City Road, Southbank VIC 3006

  • 131 m tall Β· #17 in Southbank
  • 44 floors
  • 515 homes
  • 5 businesses
  • 464 car spaces

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyβ€”Unit median $580,000
Rentβ€”1-bed median $570/wk
Lease spaceβ€”β€”

Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.

11 years standing

Built in 2 yrs 1 mth

  1. Oct 2013Construction started
  2. By Nov 2015Completed
  3. TodayStill standing

62 building permits Β· 2 news storiesFull timeline ↓

About Southbank Grand

Southbank Grand is an apartment tower with 44 floors above ground and 515 homes, reaching a roof height of 131 m. Developed by Central Equity, designed by bell+fisher architects and built by Brookfield Multiplex, it was completed in 2015.

At a glance

Key facts

Building type
🏬 Mixed use
Completed
2015
Height
130 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#17 of 190 in Southbank
Floors
44
Footprint
2,526 mΒ²
Homes
515
Architect
bell+fisher architects
Builder
Brookfield Multiplex
Businesses
5
Car spaces
464
Strata plan
PS713025 Β· 984 lots
Planning zone
CCZ3
Permits on record
62

Score cards

πŸš† Transport7/10

Flinders Street Station 8 min walk Β· 4 tram stops within 400 m

β˜• Everyday amenities6/10

14 cafΓ©s, 7 grocers, 2 medical within 250 m

🌳 Greenery10/10

200 street trees within 150 m Β· park 181 m away

✨ Activity3/10

1,845 people pass daily nearby Β· 7 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

Apartments

From the council's development record, so the built numbers may differ a little.

1 bed24147% of 517
2 bed14027% of 517
3+ bed13626% of 517

πŸš— 464 residential car spaces recorded at this property, about 0.9 per home. Which apartments have a space isn't recorded, so check the listing.

City of Melbourne Development Activity Monitor and off-street car parks, CC BY 4.0.

The building team

The people and companies behind the design, construction and management of Southbank Grand.

πŸ—DeveloperCentral EquityverifiedDeveloper, described by Central Equity as its 75th developmentSource: Central Equity β†—
πŸ—‚Owners corporation managerMICMreportedCurrent Β· Listed in the MICM building management portfolio for Southbank GrandSource: MICM β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†Flinders Street Station
Train station
8 min Β· 634 m
πŸš†Flinders Street Railway Station
Train station
9 min Β· 688 m
πŸš‹Casino/Southbank/Queens Bridge St #115
Tram stop
3 min Β· 259 m
πŸš‹Arts Precinct/Sturt St #17
Tram stop
4 min Β· 348 m
πŸš‹City Rd/Kings Way #116
Tram stop
4 min Β· 355 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

14β˜• CafΓ©s & eateries
7πŸ›’ Grocers
2πŸ‹οΈ Gyms
2🩺 Medical
0πŸ’Š Pharmacies
4🧸 Childcare
0🍷 Pubs & bars

Who lives in Southbank

Residents18,670
Median age31
Households renting64%
Households without a car35%
Walk to work35%
Public transport to work32%

ABS Census 2016 via City of Melbourne (CC BY).

Prices and rents around here

Suburb and area medians, not this building's prices.

Median unit price, Southbank$580,0002025 Β· -3.8% in a yearTrend since 2015
Yearly rent against price6.5%A $720/wk 2-bedroom rent for a year, against the $580,000 median unit priceBefore costs. Our estimate from two suburb medians, not advice.

Prices: Victorian Property Sales Report, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0.

Median weekly rents for new leases, Southbank

ApartmentMedian rentChange in a yearTrend since Mar 2016New leases
1 bedroom$570/wk+3.6%1,593 in the year to Sep 2025
2 bedroom$720/wk+2.9%2,385 in the year to Sep 2025
3 bedroom$1010/wk0.0%355 in the year to Sep 2025

Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.

Businesses in Southbank Grand

5 businesses recorded in the City of Melbourne's latest business census.

Focus Apartment Sales

Real Estate Services

Golden Express Supermarket

Supermarket and Grocery Stores

Myclinic Southbank

General Practice Medical Services

Rozas Kitchen

Cafes and Restaurants

Ten BBQ & Hotpot Buffet

Cafes and Restaurants

Looking for space in Southbank Grand?

We'll try to put you in touch with an agent, though we can't promise a reply.
Source: City of Melbourne Census of Land Use and Employment, CC BY 4.0.

Timeline

Everything that has happened at Southbank Grand: listings, news, works, planning and history.

2018πŸ› 
Works
1 building permit and 23 certificates Β· about $50k of new works
Largest: Tenancy 3 - Internal shop fitout - Asian Grocery
2017πŸ”„
Use change
Council census records it as residential apartment, 44 floors
2017πŸ› 
Works
1 certificate Β· about $200k of new works
Largest: Lot 5T, 147 City Rd - Shop Fitout (Rozas Kitchen)
15 Nov 2016πŸ“°
News
Central Equity wins HIA Victorian Apartment Complex award for Southbank Grand
Central Equity won the Housing Industry of Australia (HIA) Victorian Apartment Complex 2016 award for its Southbank Grand development. The article named Guilford Bell and Graham Fisher as the architects.
2016πŸ› 
Works
26 building permits and 8 certificates Β· about $781k of new works
Largest: Stage 10 - Unit 4201 installation of pool fence. Unit 4202 installation of spa and pool fence
25 Nov 2015πŸ“°
News
Brookfield Multiplex completes Southbank Grand for Central Equity
The Urban Developer reported that Brookfield Multiplex had just completed the $300 million-plus Southbank Grand apartments at 151 City Road, a 43-level tower with 515 apartments, for Central Equity. The article described it as Central Equity's largest project to date.
By Nov 2015πŸŽ‰
Milestone Β· Completed
Southbank Grand completed: 44 floors
Derived from The Urban Developer
Jul 2015πŸ”‘
Milestone Β· First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2015πŸ”„
Use change
Council census records it as unoccupied - under construction, 44 floors
2015πŸ› 
Works
1 building permit and 4 certificates Β· about $545k of new works
Largest: Stage (3) Stage 4C - Structural details - Level 8 to 39
2014πŸ› 
Works
4 building permits
Largest: Stage 7 - Architectural works
Oct 2013πŸ—
Milestone Β· Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2013πŸ› 
Works
3 building permits Β· about $139.3m of new works
Largest: Stage 2 and 3 - In ground services and pile caps, ground beams, ground floor and column starter bars only
2011πŸ”„
Use change
Council census records it as unoccupied - unused, 1 floors
2002πŸ“‹
First census
First council census entry: storage, 1 floors
2000πŸ› 
Works
1 building permit Β· about $40k of new works
Largest: Alterations to Crown Training School
1997πŸ› 
Works
1 building permit Β· about $36k of new works
Largest: Installation of minor internal partitions

Planning & heritage

Planning controls

ZoneCAPITAL CITY ZONE - SCHEDULE 3 (CCZ3)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO10Design and Development Overlay: limits on building height, setbacks and design
DDO27Design and Development Overlay: limits on building height, setbacks and design
LSIO4Land Subject to Inundation: mapped as at risk of flooding from rivers or the bay
PO1Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.

Subdivision & permits

Plan of subdivision
PS713025
Lots on the plan
984
Owners corporation
Yes (common property)
Building permits on record
62
Estimated cost of works
About $141.0m
1997New works by year (estimated)2018

Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.

History of the site

How it's been recorded over time

2002Storage Β· 1 floors
2011Unoccupied - Unused Β· 1 floors
2015Unoccupied - Under Construction Β· 44 floors
2017Residential Apartment Β· 44 floors

City of Melbourne Census of Land Use and Employment, since 2002.

Community

What people say about Southbank Grand in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Southbank Grand? .

Resident & tenant reviews

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Frequently asked questions

Is Southbank Grand residential or commercial?

Southbank Grand mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.

When was Southbank Grand built?

Southbank Grand was completed in 2015.

How many floors does Southbank Grand have?

Southbank Grand has 44 floors above ground.

How many apartments are in Southbank Grand?

Southbank Grand has 515 homes. The national address file lists 524 unit addresses here, and some of those can be shops or offices.

What size apartments are in Southbank Grand?

The City of Melbourne's development record lists 241 1 bed, 140 2 bed and 136 3+ bed apartments. The built numbers may differ a little.

Does Southbank Grand have parking?

The City of Melbourne records 464 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Southbank Grand?

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 Grand?

The latest council census counted 5 businesses in Southbank Grand, including Focus Apartment Sales, Golden Express Supermarket and Myclinic Southbank.

Are there apartments for sale or rent in Southbank Grand?

See the residential listings on this page, or use the shortcuts to search 141-155 City Road on realestate.com.au and Domain.

Is there office or retail space for lease in Southbank Grand?

See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.

Who designed and built Southbank Grand?

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

How tall is Southbank Grand?

About 131 metres, measured from the City of Melbourne's 3D building model. It's number 17 of 190 buildings in Southbank by height.

What public transport is near Southbank Grand?

Flinders Street Station is the nearest train station, about 8 minutes' walk. The nearest tram stop is Casino/Southbank/Queens Bridge St #115, about 3 minutes' walk.

What is the planning zone for Southbank Grand?

The site is in the Capital City Zone - Schedule 3 (CCZ3).

Does Southbank Grand have an owners corporation?

Plan of subdivision PS713025 has 984 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Southbank Grand recently?

The City of Melbourne has issued 62 building permits for Southbank Grand since 1997. The most recent was in September 2018.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Southbank GrandMixed useβ€”442015
WRAP ResidenceHotel43 m432014
Southbank Place ApartmentsMixed use56 m532018
The Summit - Concierge ApartmentsMixed use74 m272002
Yarra Condos ApartmentsResidential76 m202000
Australia 108Residential87 m1012020
SentinelResidential104 m342002

That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. 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)). Street View and business details Β© Google Maps.

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