89-91 City Road Southbank VIC 3006

Development / Land
700 m²
For Sale, $18,000,000 (GST na)

Last Remaining Southbank Development Gem with $650K+ Income Stream

22-storey hotel proposal in processing
Capital City Zone 3
Premium City Road frontage

Unlock exceptional value in Melbourne's most coveted development precinct. This rare 700 sqm (approx.) landholding presents an extraordinary opportunity to secure one of Southbank's last remaining development sites, complete with strong holding income and unlimited potential.

Currently generating over $650,000 rental income through a diverse

Ascend Real Estate

1025 Doncaster Road

Doncaster East, VIC 3109

Property Highlights

Land Area	700 m²
Building Type	Whole building
Availability	Tenanted
Property ID	2020252971
Category	Development / Land Hotel, Motel, Pub & Leisure Shop & Retail
Last updated	12 Apr 2026

Map for 89-91 City Road Southbank VIC 3006

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Nearest transport* to 89-91 City Road Southbank VIC 3006

Bus

Train

Tram

Kavanagh St/Southbank Bvd (Southbank)	89 m
City Rd/Southbank Bvd (Southbank)	89 m
Southbank Theatre/Southbank Bvd (Southbank)	327 m
Casino/Southbank/Queens Bridge St (Southbank)	345 m

*Within a 4km radius

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Ascend Real Estate

1025 Doncaster Road

Doncaster East, VIC 3109

Property Highlights

Land Area	700 m²
Building Type	Whole building
Availability	Tenanted
Property ID	2020252971
Category	Development / Land Hotel, Motel, Pub & Leisure Shop & Retail
Last updated	12 Apr 2026

Listed by

Chen Sun

Ascend Real Estate

Call

0411 823 668

More about 89-91 City Road Southbank VIC 3006

89-91 City Road Southbank VIC 3006 is categorized as Land & Development Property. It has a land area of 700 m². The listing ID for this property is 2020252971.