🏢 CommercialOfficeCompleted 2005

2 Southbank Boulevard

2-50 Southbank Boulevarde, Southbank VIC 3006

  • 159 m tall · #13 in Southbank
  • 38 floors
  • 32 businesses
  • 809 car spaces

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21 years standing

Built in 1 yr 5 mths

  1. Aug 2003Construction started
  2. 2005Completed
  3. TodayStill standing

161 building permits · 2 news storiesFull timeline ↓

About 2 Southbank Boulevard

2 Southbank Boulevard is an office tower with 38 floors above ground, standing 161 m to the top. Developed by Australand, it was completed in 2005.

At a glance

Key facts

Building type
🏢 Commercial
Completed
2005
Height
161 m Unconfirmed We don't have data to 100% confirm this data point as yet.
#13 of 190 in Southbank
Floors
38
Footprint
4,145 m²
Architect
Bates Smart
Builder
Baulderstone Hornibrook
Businesses
32
Car spaces
809
Strata plan
PS504017 · 5 lots
Planning zone
CCZ3
Permits on record
161

Score cards

🚆 Transport6/10

Flinders Street Station 7 min walk · 3 tram stops within 400 m

☕ Everyday amenities7/10

39 cafés, 5 grocers, 2 medical within 250 m

🌳 Greenery9/10

175 street trees within 150 m · park 93 m away

✨ Activity5/10

1,845 people pass daily nearby · 17 licensed venues within 200 m

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

The building team

The people and companies behind the design, construction and management of 2 Southbank Boulevard.

📐ArchitectBates Smart & McCutcheonreportedArchitect of record per StructuraeSource: Structurae ↗
🧮Structural engineerWinward StructuresreportedSource: Structurae ↗
👷BuilderBaulderstone HornibrookverifiedGeneral contractor per StructuraeSource: Structurae ↗
🏗DeveloperAustraland2005verified2005 · Developed the buildingSource: Realestatesource ↗
👷BuilderMultiplex ConstructionverifiedMain contractor per the Contractor fieldSource: Skyscraper Center (CTBUH) ↗
🏦OwnerGPT Wholesale Office Fundsince 2019reportedCurrent · since 2019Source: GPT Group ↗
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

🚆Flinders Street Station
Train station
7 min · 527 m
🚆Flinders Street Railway Station
Train station
7 min · 577 m
🚋Casino/Southbank/Queens Bridge St #115
Tram stop
2 min · 126 m
🚋Flinders St/Queens Bridge St #1
Tram stop
4 min · 325 m
🚋Market St/Flinders St #3
Tram stop
4 min · 347 m

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

Within a 3-minute walk

39☕ Cafés & eateries
5🛒 Grocers
2🏋️ Gyms
2🩺 Medical
0💊 Pharmacies
3🧸 Childcare
2🍷 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).

Businesses in 2 Southbank Boulevard

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

Access Group

Management Advice and Other Consulting Services

ALUMINA LIMITED

Metal and Mineral Wholesaling

APD Engineering

Engineering Design and Engineering Consulting Services

Apple Pty Limited

Computer and Computer Peripheral Retailing

Ausnet Services

Electricity Distribution

Bentley Systems Pty Limited

Computer System Design and Related Services

Built Holdings Pty Limited

Non-Residential Building Construction

CHINA TELECOM (AUSTRALIA) PTY LTD

Other Telecommunications Network Operation

Cliftons

Other Administrative Services n.e.c.

Looking for space in 2 Southbank Boulevard?

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 2 Southbank Boulevard: listings, news, works, planning and history.

2026🛠
Works
2 building permits and 2 certificates · about $793k of new works
Largest: Level 5, 4 Freshwater Place - Microsoft Expansion
8 Jul 2025📰
News
Asahi to lease about 8,118 sqm at 2 Southbank Boulevard
Realestatesource reported that Japanese drinks group Asahi would move its headquarters into 2 Southbank Boulevard, leasing about 8,118 square metres across five levels. The article said GPT, which owns the building, had let 15,069 square metres in the building that year.
2025🛠
Works
6 building permits and 5 certificates · about $65.3m of new works
Largest: Level 13, 16 - 19 & 20 (Part) -Stage 2: To Completion
2024🛠
Works
8 building permits and 5 certificates · about $8.7m of new works
Largest: Stage 2: Remainder of Works
2023🛠
Works
2 building permits and 11 certificates · about $7.1m of new works
Largest: Stage 2: Levels 29-30 (Excluding Structural Stair and Coring Works)
2022🛠
Works
9 building permits and 10 certificates · about $12.7m of new works
Largest: Alterations to existing Office - Cladding Rectification Works
2021🛠
Works
8 building permits and 9 certificates · about $7.9m of new works
Largest: Stage 1: Office Alterations (L30 & L31)
2020🛠
Works
11 building permits and 5 certificates · about $12.4m of new works
Largest: Level 12 - Office fitout for ICE Melbourne
Mar 2019📰
News
GPT Wholesale Office Fund buys Frasers Property Australia's half share to take full ownership
Frasers Property Australia sold its 50 per cent interest in 2 Southbank Boulevard to co-owner GPT Wholesale Office Fund, which took full ownership of the tower. Realestatesource reported a $342 million gross price and a 4.81 per cent initial yield, while GPT's announcement gave $326.2 million for the 50 per cent interest; the article also said PwC was a key tenant until 2017.
Covered by 2 outlets
2019🔄
Use change
Council census records it as office, 38 floors
2019🛠
Works
4 building permits and 5 certificates · about $4.0m of new works
Largest: Level 27 FWP1 Kraft Heinz Office Alterations - STAGE 1: SERVICES AND ARCHITECTURAL WORKS
2018🛠
Works
16 building permits and 10 certificates · about $23.8m of new works
Largest: STAGE 8: BALANCE OF WORKS INCLUDING MINOR CHANGES
2017🛠
Works
11 building permits and 2 certificates · about $27.3m of new works
Largest: Stage 2 - FWP1 Upper Floor Alterations - To Completion
2016🛠
Works
5 building permits and 4 certificates · about $50.4m of new works
Largest: Stage 3: Remainder of Works (Level 11-21)
2015🛠
Works
10 building permits and 2 certificates · about $4.2m of new works
Largest: End of Trip Refurb Project
2014🛠
Works
4 building permits and 4 certificates · about $2.0m of new works
Largest: Proposed Internal Office Fitout - Levels 28 & 34
2013🛠
Works
4 building permits · about $2.2m of new works
Largest: Fitout Alterations to an existing building; Level 4 (part), 4 Freshwater Place
2012🛠
Works
4 building permits and 2 certificates · about $1.1m of new works
Largest: STAGE 1: Internal demolition works Levels 15 & 16 - Murray Goulburn Tenancy Alterations
2011🔄
Use change
Council census records it as office, 38 floors
Name recorded: Price Waterhouse Coopers
2011🛠
Works
2 building permits · about $248k of new works
Largest: Internal alterations to Level 33
2010🛠
Works
5 building permits and 2 certificates · about $673k of new works
Largest: Proposed office partition alterations to exisiting tenancy on level 13
2009🛠
Works
2 building permits · about $118k of new works
Largest: Proposed office fitout works to an existing building Level 29,31,32
2008🔄
Use change
Council census records it as office, 38 floors
Name recorded: Freshwater Place
2008🛠
Works
3 building permits and 1 certificate · about $807k of new works
Largest: Office fitout alterations Levels 10-11. Stage 1: Demolition of Existing Office Fitout.
2007🛠
Works
5 building permits and 5 certificates · about $419k of new works
Largest: Levels 8, 9 & 10, Freshwater Place Commercial Office Tower. Stage 3: All remaining building works, excluding fire hydrant coverage. Office f
2006🔄
Use change
Council census records it as office, 38 floors
Name recorded: FRERSHWATER PLACE COMMERCIAL TOWER
2006🛠
Works
12 building permits and 5 certificates · about $5.7m of new works
Largest: Fitout Levels 5, 6, & 7
2005🎉
Milestone · Completed
2 Southbank Boulevard completed: 38 floors
Derived from Structurae
Dec 2005🔑
Milestone · First occupants
First occupancy permit issued
Derived from City of Melbourne building permits
2005🛠
Works
9 building permits and 7 certificates · about $7.3m of new works
Largest: Stage 2: Entire works: $2,900,000 - Alteration - freshwater place commercial tower - levels 30, 31 & 32
2004🛠
Works
3 building permits · about $5.0m of new works
Largest: Officer fitout to PWC Level 15 to level 27
2004📋
First census
First council census entry: unoccupied - under construction, 1 floors
Aug 2003🏗
Milestone · Construction started
First major construction permit issued
Derived from City of Melbourne building permits
2003🛠
Works
6 building permits · about $24.3m of new works
Largest: Stage 7, Construction of a commercial Building - Freshwater Place - Stage 7: Architectural
2001🛠
Works
1 building permit · about $328k of new works
Largest: Demolition of building 1. Mail centre.
1998🛠
Works
1 certificate · about $200k of new works
Largest: New sign - Advertising Sign
1997🛠
Works
1 certificate · about $80k of new works
Largest: Building 2, Riverside Quay Alterations - Ground Floor
1996🛠
Works
1 certificate · about $6.7m of new works
Largest: Stage 1 - New BMW dealership

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
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, © 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
PS504017
Lots on the plan
5
Owners corporation
Yes (common property)
Building permits on record
161
Estimated cost of works
About $281.6m
1996New works by year (estimated)2026

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

2004Unoccupied - Under Construction · 1 floors · "FORMER AUSTRALIA POST INTERNATIONAL MAIL CENTRE"
2006Office · 38 floors · "FRERSHWATER PLACE COMMERCIAL TOWER"
2008Office · 38 floors · "Freshwater Place"
2011Office · 38 floors · "Price Waterhouse Coopers"
2019Office · 38 floors

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

Community

What people say about 2 Southbank Boulevard in public forums and groups, and reviews left here.

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Frequently asked questions

Is 2 Southbank Boulevard residential or commercial?

2 Southbank Boulevard is a commercial building. The City of Melbourne lists its main use as office.

When was 2 Southbank Boulevard built?

2 Southbank Boulevard was completed in 2005.

How many floors does 2 Southbank Boulevard have?

2 Southbank Boulevard has 38 floors above ground.

What businesses are in 2 Southbank Boulevard?

The latest council census counted 32 businesses in 2 Southbank Boulevard, including Access Group, ALUMINA LIMITED and APD Engineering.

Is there office or retail space for lease in 2 Southbank Boulevard?

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

Who designed and built 2 Southbank Boulevard?

Australand developed 2 Southbank Boulevard, Bates Smart designed it and Multiplex Construction built it. The building team section has the sources.

How tall is 2 Southbank Boulevard?

About 159 metres, measured from the City of Melbourne's 3D building model. It's number 13 of 190 buildings in Southbank by height.

What public transport is near 2 Southbank Boulevard?

Flinders Street Station is the nearest train station, about 7 minutes' walk. The nearest tram stop is Casino/Southbank/Queens Bridge St #115, about 2 minutes' walk.

What is the planning zone for 2 Southbank Boulevard?

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

Does 2 Southbank Boulevard have an owners corporation?

Plan of subdivision PS504017 has 5 lots and common property, which means it is managed by an owners corporation.

Has any work been done on 2 Southbank Boulevard recently?

The City of Melbourne has issued 161 building permits for 2 Southbank Boulevard since 2001. The most recent was in May 2026.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
2 Southbank BoulevardCommercial—382005
Twenty8 Freshwater PlaceCommercial60 m262008
Prima Pearl ApartmentsMixed use136 m732014

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), 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.

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