1711/118 Kavanagh StreetSouthbank VIC 3006
Property Details for 1711/118 Kavanagh St, Southbank
1711/118 Kavanagh St, Southbank is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.
Last Listing description (October 2023)
Excellent condition! Expecting over 6% gross rental yield.
A spectacular showcase of unrivalled quality, resort-style excellence and a central Southbank lifestyle without peer, this stunning 1 bedroom apartment is a northeast-facing sensation in the luxury-led Epic building. Head to the ground floor and take an easy stroll to Melbourne Square Woolworths, Boyd Park, South Melbourne Market, the Arts Precinct, Boyd Community Hub and Library, Crown and riverside dining on Southbank Promenade.
Surprisingly spacious open-plan living and dining pivots a stone-topped kitchen boasting an integrated microwave and a Fisher and Paykel dish-drawer. Sensationally set on the 17th floor, enjoy a covered balcony with a panoramic skyline outlook sweeping across the neighbourhood with striking views of the MCG and the Dandenong Ranges. The large, bright and mirror-robed bedroom shares the picturesque aspect, serviced by a fully tiled bathroom with stone detailing.
Take advantage of ducted heating and cooling, double glazing, laundry capability, a study nook, recessed down-lighting and slimline Venetian blinds. Generating an average 8 Star energy-efficiency rating, Epic residents enjoy video intercom, NBN internet, high-speed lifts, a 24-hour concierge and exclusive resort-inspired access to a heated indoor pool, a fully equipped gym and a tennis court. This one is tailor-made for an affordable market entrance or a rewarding high-return investment. Inspect with certainty!
Outgoings:
Council Rates: $230.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $900.00 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 1711/118 Kavanagh St, Southbank, VIC 3006
- 21 Sep 2023Sold for $360,000
- 22 Jun 2023Listed for Sale $360,000
- 09 Feb 2022Listed for Rent - Price not available
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0About 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 28,055 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.
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