387 City Road is a modern two-level commercial office building positioned in a prime South Melbourne location.

Situated on the corner of City Road and Ferrars Street, the building is 200 metres from the South Melbourne market and has bus route 234 and tram route 96 situated on the doorstep, connecting tenants from Port Melbourne through to Flinders Street and St Kilda Station through to Southbank.

Acquired by Riverlee in 2018, the building has undergone extensive upgrades with refurbishment works to the ground and first floors, the entrance and the lobby, completed in early 2022.

The building now offers two levels of premium commercial offices, all with new fit outs complete with workstations, meetings rooms and collaboration areas, and exclusive bathroom and kitchen facilities on both floors. Level 1 also includes a breakout area, accessible via a terrace.