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Southbank Place Apartments

54-68 Kavanagh Street, Southbank VIC 3006
Generated 8 November 2026
Mixed use · Residential Apartment
167 mheight
52floors
2019completed
597homes
8permits

Development milestones

Planning application2014Planning application TPM-2014-42 lodged
ApprovedBy 2019Planning permit granted (exact date not recorded)
Construction startedMar 2019First major construction permit issued
First occupantsMar 2019First occupancy permit issued
CompletedBy Jul 2019Southbank Place Apartments completed: 52 floors

Building team

Developer
Central Equity
Architect
bell+fisher architects
Builder
Multiplex
Owners corporation manager
MICM

Planning & subdivision

Zone
CCZ3
Overlays
DDO1, DDO10, DDO27, LSIO4, PO1
Strata plan
PS745414 · 667 lots
Scores
🚆 7 · ☕ 6 · 🌳 10 · ✨ 3

Timeline

20212 building permits and 3 certificates · about $8k of new works
Largest: Apartment alterations work - Unit 208
By 2019Planning permit granted (exact date not recorded)
Derived from City of Melbourne Development Activity Monitor
Jul 2019Southbank Place completed and ready for occupation
The Melburnian reported that the 52-level Southbank Place tower at the corner of Power and Kavanagh Streets had been officially completed the previous month. The building, designed by Bell Fisher Architects, was described as the first completed project in developer Central Equity's "next generation" apartment line.
By Jul 2019Southbank Place Apartments completed: 52 floors
Derived from The Melburnian (Southbank Local News)
Mar 2019First major construction permit issued
Derived from City of Melbourne building permits
Mar 2019First occupancy permit issued
Derived from City of Melbourne building permits
2019Council census records it as residential apartment, 53 floors
Name recorded: Southbank Place Apartments
20191 building permit and 14 certificates · about $220.6m of new works
Largest: Stage 12 - Facade level 9 gym and levels 40 to 53 and roof.
Aug 2018Southbank Place progressing towards completion (August 2018 construction overview)
A construction overview of Southbank's towers reported that Southbank Place, at the corner of Power and Kavanagh Streets, was progressing rapidly and was well beyond the halfway point of construction.
2017Council census records it as unoccupied - under construction, 1 floors
20161 building permit · about $600k of new works
Largest: Demolition
2014Planning application TPM-2014-42 lodged
Derived from City of Melbourne Development Activity Monitor
2011Council census records it as unoccupied - unused, 2 floors
20081 certificate · about $16k of new works
Largest: Office partition alterations Level 1 for BP Elite
20021 building permit · about $79k of new works
Largest: Level 1 - Office Fitout
2002First council census entry: office, 2 floors
20011 building permit · about $7k of new works
Largest: Office alterations to ground floor of existing building
20002 building permits and 1 certificate · about $119k of new works
Largest: Alterations - lift and stair installation.
19991 certificate · about $600k of new works
Largest: Tenancy fitout on level 1
19951 certificate · about $3k of new works
Largest: Alterations to existing building

Building permits and certificates (29)

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.

30 Apr 2021Apartment alterations work - Unit 208$8k
30 Apr 2021Apartment alterations work - Unit 308$8k
30 Apr 2021Apartment alterations work - Unit 508$8k
15 Mar 2021Apartment alterations work - Unit 408$8k
12 Mar 2021Apartment alterations work - Unit 106$8k
20 Dec 2019Tenancy 5 - Proposed restaurant fitout for "Malay Momma"$105k
26 Sept 2019Tenancy 6 - Proposed restaurant fitout for "Pot Au Pho"$85k
16 Sept 2019Stage 2 - Lift pit and ground floor slab.$180.0m
05 June 2019Stage 10 - PT slabs level 41 to roof.$218.1m
05 June 2019Stage 5 - Services (conditional).$180.0m
31 May 2019Stage 4 - PT slabs mezzanine and levels 1 to 7 (conditional).$180.0m
31 May 2019Stage 6 - Facade ground to level 9 (conditional).$180.0m
03 May 2019Stage 3 - Vertical structures.$180.0m
29 Mar 2019Stage 1 - New Building. In-ground services, piling and excavation (conditional).$180.0m
29 Mar 2019Stage 9 - Facade ground floor, levels 10 to 39.$218.1m
18 Mar 2019Stage 7 - Architecture (conditional).$180.0m
18 Mar 2019Stage 8 - PT slabs levels 8 to 40 (conditional).$218.1m
18 Mar 2019Variation to Stage 7 - Architecture.$218.1m
01 Mar 2019Stage 12 - Facade level 9 gym and levels 40 to 53 and roof.$220.4m
01 Mar 2019Variation - Fire services design and structural works. Final.$220
22 Nov 2016Demolition$600k
24 Jan 2008Office partition alterations Level 1 for BP Elite$16k
24 May 2002Level 1 - Office Fitout$79k
28 Sept 2001Office alterations to ground floor of existing building$7k
14 Nov 2000Office fit out on Level 1$40k
06 Sept 2000Alterations - lift and stair installation.$78k
29 June 2000proposed installation of alrm signalling equipment$190
09 Aug 1999Tenancy fitout on level 1$600k
24 July 1995Alterations to existing building$3k

Questions and answers

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

When was Southbank Place Apartments built?
Southbank Place Apartments was completed in 2019.

How many floors does Southbank Place Apartments have?
Southbank Place Apartments has 52 floors above ground.

How many apartments are in Southbank Place Apartments?
Southbank Place Apartments has 597 homes. The national address file lists 639 unit addresses here, and some of those can be shops or offices.

What size apartments are in Southbank Place Apartments?
The City of Melbourne's development record lists 167 1 bed, 339 2 bed and 91 3+ bed apartments. The built numbers may differ a little.

Does Southbank Place Apartments have parking?
The City of Melbourne records 356 residential car spaces at this property. Which apartments have a space isn't recorded, so check the listing.

What do apartments cost near Southbank Place 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 Place Apartments?
The latest council census counted 2 businesses in Southbank Place Apartments, including Malay Momma and Your Serviced Laundrette.

Are there apartments for sale or rent in Southbank Place Apartments?
See the residential listings on this page, or use the shortcuts to search 54-68 Kavanagh Street on realestate.com.au and Domain.

Is there office or retail space for lease in Southbank Place 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 Place Apartments?
Central Equity developed Southbank Place Apartments, bell+fisher architects designed it and Multiplex built it. The building team section has the sources.

How tall is Southbank Place Apartments?
About 167 metres, measured from the City of Melbourne's 3D building model. It's number 10 of 190 buildings in Southbank by height.

What public transport is near Southbank Place Apartments?
Flinders Street Station is the nearest train station, about 8 minutes' walk. The nearest tram stop is Arts Precinct/Sturt St #17, about 4 minutes' walk.

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

Does Southbank Place Apartments have an owners corporation?
Plan of subdivision PS745414 has 667 lots and common property, which means it is managed by an owners corporation.

Has any work been done on Southbank Place Apartments recently?
The City of Melbourne has issued 8 building permits for Southbank Place Apartments since 2000. The most recent was in March 2021.

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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