SOLD
RECENT ADVICE
Sold on 02 Aug 2024 for $433,000

105/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Sold By
MICM Real Estate
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Property Details for 105/118 Kavanagh St, Southbank

105/118 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
56m2
Local Government
Melbourne
Lot/Plan
105/PS647246

Last Listing description (August 2024)

Immersed in natural light, this elegant 2 bedroom apartment combines sleek design, unmatched quality and an unbeatable location. Step outside and the vitality of central Southbank is just as alluring by day or night. Take a short stroll to Southbank Library, Boyd Community Hub, Crown, South Melbourne Market, the arts precinct, riverside restaurants and Melbourne Square Woolworths directly across the road.

Enjoy a chef-friendly kitchen featuring sleek stone surfaces, a glossy splashback and the full suite of integrated Miele appliances. Far-reaching open-plan living and dining makes a seamless transition to an undercover east-facing balcony with exemplary perimeter privacy overlooking Kavanagh Street. Prepare to wine, dine and entertain in an alfresco position of pure prestige! Superbly set on the first floor of the exceptional Epic complex, both bedrooms are serviced by a fully tiled bathroom with a stone-topped vanity and laundry capability, while the main bedroom is graced with mirrored built-in robes. Additionally, the second bedroom would also work well as a study, perfect for working from home.

Special features include ducted heating and cooling, double glazing, slimline Venetian blinds, recessed down-lighting, video intercom entry, a 24-hour concierge, and resort-inspired access to a heated indoor pool, gym and a tennis court. An A-grade opportunity by every measure, there is also potential to purchase some of the furniture and a car park in the complex if required. This one has something for everyone from market entrants and investors to downsizers looking for a convenient town base. An inspection will be rewarded!

Outgoings:
Council Rates: $245.00 per quarter approx.
Water Rates: $550.00 per quarter approx.
Owners Corporation Fees: $919.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 105/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$433,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $433,000
  • 03 Apr 2024
    Listed for Sale $433,000
  • 11 Jan 2023
    Sold for $420,000
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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 28,059 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 170 properties listed for sale, and 229 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.