OFF MARKET

1301/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 66m2
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Last updated 16 Dec 2024
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Property Details for 1301/118 Kavanagh St, Southbank

1301/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
1301/PS647246

Last Listing description (July 2023)

Standing out in a central Southbank location, this breathtaking 2 bedroom, 2 bathroom apartment maximises space, accentuates natural light and reveals blissful blue-water views of Port Phillip Bay. Head downstairs and walk to South Melbourne Market, Woolworths shopping, Boyd Community Hub, the Arts Precinct, Crown and all the fine dining choice of Southbank Promenade beside the Yarra River.

Superbly spacious open-plan living and dining is underscored by a stone-finished kitchen boasting stainless-steel appliances including an integrated microwave and a high-end Fisher and Paykel dish-drawer. Owning an east-facing 13th floor position in the premium Epic complex, step outside to a full-width balcony capturing morning sun and showcasing stunning neighbourhood vistas sweeping across the bay, the MCG and the Arts Centre spire. Both generously scaled bedrooms feature mirrored built-in robes, serviced by a pristine pair of fully tiled bathrooms with stone-topped vanities.


Purpose-built for luxury and comfort, take full advantage of heating and cooling, a laundry nook, double glazing, an inviting hallway entrance, slimline Venetian blinds, recessed down-lighting, a 24-hour concierge, video intercom, high-speed lifts, and an impressive average 8 Star energy-efficiency rating for savings on power bills. First-rate resort-style facilities include a heated pool, tennis court, and a fully equipped gym. Confident investors can set and forget, while owner/occupiers will purchase with complete certainty!

Outgoings:
Council Rates: $270.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $1,111.00 per quarter approx.

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

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Property History for 1301/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$500,000
17 Jul 2023
  • 17 Jul 2023
    Sold for $500,000
  • 13 Jun 2023
    Listed for Sale $500,000
  • 02 Aug 2013
    Sold for $520,000

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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 28,082 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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