OFF MARKET

118/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 85m2
Land area: 85m2
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Property Details for 118/88 Kavanagh St, Southbank

118/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 85m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
2003
Floor Size
85m2
Land Size
85m2
Local Government
Melbourne
Lot/Plan
118/PS449140

Last Listing description (September 2024)

Discover the epitome of urban living with this spacious, stylish two-bedroom apartment that promises to captivate with its generous internal space, modern designer touches, and delightful glimpses of Port Phillip Bay. Perfectly positioned close to the Arts Precinct, Royal Botanic Gardens, Southgate shops and food court, Boyd Community hub, transport, and the upcoming Melbourne Square, this apartment is an ideal haven for Southbank buyers seeking a chic new home.

Step inside and be enchanted by the floor-to-ceiling windows that flood the apartment with natural light, highlighting the granite and marble surfaces throughout. The enormous main lounge and dining area are perfect for entertaining or unwinding after a long day. The indulgent kitchen features a sleek meals counter, stainless steel oven, and cooktop, making it a dream for any home chef.

The main bedroom is a true retreat, complete with a study nook and mirrored built-in robes (BIR), while the second bedroom also boasts a BIR, ensuring ample storage for all. The premium bathroom is equipped with a European laundry, adding convenience to luxury. Step out onto the balcony and soak in the terrific views that will leave you inspired.

This apartment comes with a host of features designed for modern comfort and convenience, including a secure car space, reverse cycle heating and cooling, and intercom entry. The building itself offers outstanding amenities such as a pool, tennis court, gym, and BBQ terrace, with a dedicated concierge to cater to your needs.

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Property History for 118/88 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$540,000
28 Apr 2018
Listed for Rent
$600/w
03 Sep 2024
  • 05 Aug 2024
    Listed for Rent $600 / week
  • 28 Apr 2018
    Sold for $540,000
  • 23 Mar 2018
    Listed for Sale $495,000 - $530,000
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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 27,902 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 173 properties listed for sale, and 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 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.