Southbank One
174-184 City Road, Southbank VIC 3006
- 117 m tall · #28 in Southbank
- 38 floors
- 317 homes
- 5 businesses
- 386 car spaces
What's available here Add a listing link
| Looking to | In this building | Area guide | Search the building |
|---|---|---|---|
| Buy | — | Unit median $580,000 | realestate.com.au ↗domain.com.au ↗ |
| Rent | — | 1-bed median $570/wk | realestate.com.au ↗domain.com.au ↗ |
| Lease space | — | — | realcommercial.com.au ↗commercialrealestate.com.au ↗ |
Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.
17 years standing
Built in 1 yr 11 mths
- Feb 2007Construction started
- 2009Completed
- TodayStill standing
74 building permits · 1 news storyFull timeline ↓
About Southbank One
Southbank One is an apartment tower with 317 homes across 38 floors above ground, standing 122 m to the top. Developed by Central Equity and built by Multiplex, it was completed in 2009.
At a glance
Key facts
- Building type
- 🏬 Mixed use
- Completed
- 2009
- Height
- 122 m Unconfirmed ?We don't have data to 100% confirm this data point as yet. to the top
117 m Unconfirmed ?We don't have data to 100% confirm this data point as yet. to the roof
#28 of 190 in Southbank - Floors
- 38
- Footprint
- 2,628 m²
- Homes
- 317
- Builder
- Multiplex
- Businesses
- 5
- Car spaces
- 386
- Strata plan
- PS540203 · 711 lots
- Planning zone
- CCZ3
- Permits on record
- 74
Score cards
Flinders Street Station 9 min walk · 2 tram stops within 400 m
24 cafés, 4 grocers, 3 medical within 250 m
85 street trees within 150 m · park 177 m away
1,845 people pass daily nearby · 9 licensed venues within 200 m
Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.
Apartments
The council hasn't recorded a bedroom breakdown for Southbank One.
🚗 386 residential car spaces recorded at this property, about 1.2 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 One.
Location & neighbourhood
Getting around
Train station9 min · 705 m
Train station9 min · 758 m
Tram stop3 min · 203 m
Tram stop4 min · 288 m
Tram stop6 min · 467 m
Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.
Within a 3-minute walk
Who lives in Southbank
ABS Census 2016 via City of Melbourne (CC BY).
Prices and rents around here
Suburb and area medians, not this building's prices.
Prices: Victorian Property Sales Report, © State of Victoria (Department of Transport and Planning), CC BY 4.0.
Median weekly rents for new leases, Southbank
| Apartment | Median rent | Change in a year | Trend since Mar 2016 | New 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/wk | 0.0% | 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 One
5 businesses recorded in the City of Melbourne's latest business census.
Central Equity Limited
Foodworks Southbank
Function 45 Training
Melbourne Inner City Management Pty Ltd
Southside Coffee Co
Looking for space in Southbank One?
Timeline
Everything that has happened at Southbank One: listings, news, works, planning and history.
Planning & heritage
Planning controls
DDO1Design and Development Overlay: limits on building height, setbacks and designDDO10Design and Development Overlay: limits on building height, setbacks and designLSIO4Land Subject to Inundation: mapped as at risk of flooding from rivers or the bayPO1Parking Overlay: controls on how much car parking new development can provideVicmap Planning, © 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
- PS540203
- Lots on the plan
- 711
- Owners corporation
- Yes (common property)
- Building permits on record
- 74
- Estimated cost of works
- About $101.1m
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
City of Melbourne Census of Land Use and Employment, since 2002.
Community
What people say about Southbank One in public forums and groups, and reviews left here.
Resident & tenant reviews
No reviews of Southbank One yet. Be the first to tell future neighbours what it's like.
Reviews are checked before they're published. No one is named without permission.
Rate and review Southbank One
Frequently asked questions
Is Southbank One residential or commercial?
Southbank One mixes homes and businesses under one roof. The City of Melbourne lists its main use as residential apartment.
When was Southbank One built?
Southbank One was completed in 2009.
How many floors does Southbank One have?
Southbank One has 38 floors above ground.
How many apartments are in Southbank One?
Southbank One has 317 homes. The national address file lists 328 unit addresses here, and some of those can be shops or offices.
Does Southbank One have parking?
The City of Melbourne records 386 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.
What do apartments cost near Southbank One?
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 One?
The latest council census counted 5 businesses in Southbank One, including Central Equity Limited, Foodworks Southbank and Function 45 Training.
Are there apartments for sale or rent in Southbank One?
See the residential listings on this page, or use the shortcuts to search 174-184 City Road on realestate.com.au and Domain.
Is there office or retail space for lease in Southbank One?
See the commercial listings on this page, or search this address on realcommercial.com.au and commercialrealestate.com.au.
Who designed and built Southbank One?
Central Equity developed Southbank One and Multiplex built it. The building team section has the sources.
How tall is Southbank One?
About 117 metres, measured from the City of Melbourne's 3D building model. It's number 28 of 190 buildings in Southbank by height.
What public transport is near Southbank One?
Flinders Street Station is the nearest train station, about 9 minutes' walk. The nearest tram stop is Casino/Southbank/Queens Bridge St #115, about 3 minutes' walk.
What is the planning zone for Southbank One?
The site is in the Capital City Zone - Schedule 3 (CCZ3).
Does Southbank One have an owners corporation?
Plan of subdivision PS540203 has 711 lots and common property, which means it is managed by an owners corporation.
Has any work been done on Southbank One recently?
The City of Melbourne has issued 74 building permits for Southbank One since 2007. The most recent was in October 2025.
Compare with nearby buildings
| Building | Type | Distance | Floors | Completed |
|---|---|---|---|---|
| Southbank One | Mixed use | — | 38 | 2009 |
| Southbank Towers | Mixed use | 53 m | 28 | 1997 |
| The Summit - Concierge Apartments | Mixed use | 84 m | 27 | 2002 |
| City Tower | Mixed use | 107 m | 38 | 2004 |
| Melbourne Tower | Mixed use | 107 m | 38 | 2004 |
| Prima Pearl Apartments | Mixed use | 108 m | 73 | 2014 |
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 © Google Maps.