Southbank prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.

Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Melbourne fit-out range — Basic $1800–2600/sqft, Trophy $6000–9000/sqft.
Submarket tier: prime.

Southbank, Melbourne fit-out and specification

Southbank prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out">fit-out is typically Mid or High-end spec.

TL;DR

Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Melbourne fit-out range — Basic $1800–2600/sqft, Trophy $6000–9000/sqft.
Submarket tier: prime.

Spec baseline

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Cost bands

City-wide Melbourne fit-out bands: Basic $1800–2600/sqft, Mid $2700–4000/sqft, High-end $4100–6000/sqft, Trophy $6000–9000/sqft.

Key facts

city	Melbourne
submarket	Southbank
tier	prime
averageRentLocal	A$750/sqm/yr · ≈ $45.3 PSF/yr USD
cityClassARentUsd	$43/sqft/yr
cityVacancyPct	18.4%

Frequently asked questions

What spec level is normal in Southbank?: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

Related topics

Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
Fit-out Capex — How to budget, sequence, and govern Class A office fit-out capex.
Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.

Southbank prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out is typically Mid or High-end spec.

Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Melbourne fit-out range — Basic $1800–2600/sqft, Trophy $6000–9000/sqft.
Submarket tier: prime.

Cities › Melbourne › Southbank › Fit-out and specSouthbank, Melbourne fit-out and specificationSouthbank prime stock delivers a mid-to-high Cat-A baseline; tenant fit-out">fit-out is typically Mid or High-end spec.

TL;DR

Typical spec: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Melbourne fit-out range — Basic $1800–2600/sqft, Trophy $6000–9000/sqft.
Submarket tier: prime.

Spec baseline

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Cost bands

City-wide Melbourne fit-out bands: Basic $1800–2600/sqft, Mid $2700–4000/sqft, High-end $4100–6000/sqft, Trophy $6000–9000/sqft.

Key facts

city	Melbourne
submarket	Southbank
tier	prime
averageRentLocal	A$750/sqm/yr · ≈ $45.3 PSF/yr USD
cityClassARentUsd	$43/sqft/yr
cityVacancyPct	18.4%

Frequently asked questions

What spec level is normal in Southbank?: 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics

Class A Lease Negotiation — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
Hybrid Workplace Strategy — How to size, structure, and lease a Class A office for a hybrid workforce.
ESG / LEED for Tenants — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
Fit-out Capex — How to budget, sequence, and govern Class A office fit-out capex.
Lease vs Flex — When premium flex (coworking, managed office) beats a conventional Class A lease — and vice versa.