FOR SALE
$590000 - $630000 Welcome Offer

2501/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
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Best Sea View and Invest 2b2b 1 Car park Property at Southbank !!!! Welcome Offer Must GO

UNFURNISHED - High up on the 25th floor, this modern and stunning 2 bedroom apartment is located in the stunning EPIC complex! Just a short walk to South Melbourne Market, Crown, the arts precinct, public transport, Southbank cafes and restaurants!
Apartment features:
- Reverse cycle air conditioning and heating in living area
- Large private balcony
- Modern kitchen featuring dishwasher drawer, microwave, gas cooktops and stone bench tops
- Master bedroom features private ensuite and spacious built-in robe
- Second bedroom with built-in robe
- One off street carspace
Building features:
- 24-hour concierge, video intercom system and keyless building entry
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Property Details for 2501/118 Kavanagh St, Southbank

2501/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 64m2. The place is currently for sale with PROTIQUE REALTY.

Building Type
Apartment
Floor Size
64m2

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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,082 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 193 properties listed for sale, and 206 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1262 properties were sold in the past 12 months in Southbank.

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Derek Leung
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